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EUR/NZDEUR/NZD

20241209 17:22

EUR/NZD intraday: the downside prevails as long as 1.8037 is resistance

Our pivot point stands at 1.8037.

Our preference: the downside prevails as long as 1.8037 is resistance.

Alternative scenario: the upside breakout of 1.8037, would call for 1.8079 and 1.8105.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.8034 and 1.8079).

Supports and resistances:

1.8105 **

1.8079 *

1.8037 **

1.8020

1.7989 last

1.7933

1.7908 **

1.7882 *

1.7857 **

USD/ZARUSD/ZAR

20241209 17:23

USD/ZAR intraday: the downside prevails as long as 18.2700 is resistance

Our pivot point is at 18.2700.

Our preference: the downside prevails as long as 18.2700 is resistance.

Alternative scenario: the upside breakout of 18.2700, would call for 18.8900 and 19.2590.

Comment: the RSI is below 30. It could either mean that the pair is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 17.8420 and 17.9480).

Supports and resistances:

19.2590 **

18.8900 *

18.2700 **

18.0270

17.7732 last

16.9980

16.6300 **

16.2610 *

15.8930 **

AUD/JPYAUD/JPY

20241209 17:25

AUD/JPY intraday: the upside prevails as long as 97.24 is support

Our pivot point is at 97.24.

Our preference: the upside prevails as long as 97.24 is support.

Alternative scenario: below 97.24, expect 96.83 and 96.58.

Comment: the RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 97.04 and 96.29).

Supports and resistances:

98.98 **

98.73 *

98.48 **

98.23

97.58 last

97.41

97.24 **

96.83 *

96.58 **

AUD/JPYAUD/JPY

20241209 17:26

AUD/JPY intraday: the upside prevails as long as 97.24 is support

Our pivot point is at 97.24.

Our preference: the upside prevails as long as 97.24 is support.

Alternative scenario: below 97.24, expect 96.83 and 96.58.

Comment: the RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 97.04 and 96.29).

Supports and resistances:

98.98 **

98.73 *

98.48 **

98.23

97.58 last

97.41

97.24 **

96.83 *

96.58 **

AUD/NZDAUD/NZD

20241209 17:26

AUD/NZD intraday: target 1.0950

Our pivot point is at 1.1010.

Our preference: target 1.0950.

Alternative scenario: the upside breakout of 1.1010, would call for 1.1030 and 1.1040.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (1.0993) but above its 50 period moving average (1.0975).

Supports and resistances:

1.1040 **

1.1030 *

1.1010 **

1.1000

1.0988 last

1.0960

1.0950 **

1.0940 *

1.0920 **