EUR/NZD - 15 min. - Technical analysis published on 07/30/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
61%
33%
My opinion
Bearish under 1.8420 NZD
My targets
1.8363 NZD (-0.0007)
1.8330 NZD (-0.0040)
My analysis
The bearish trend is currently very strong for EUR/NZD. As long as the price remains below the resistance at 1.8420 NZD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.8363 NZD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.8330 NZD as an objective. Crossing it would then enable sellers to target 1.8204 NZD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9
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This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/NZD rating 1.8370 NZD. The price registered a decrease of -0.22% on the session and was traded between 1.8370 NZD and 1.8434 NZD over the period. The price is currently at 0% from its lowest and -0.35% from its highest.1.8370
1.8434
1.8370
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/NZD in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.8147 | 1.8204 | 1.8339 | 1.8370 | 1.8381 | 1.8451 | 1.9151 |
| Change (%) | -1.21% | -0.90% | -0.17% | - | +0.06% | +0.44% | +4.25% |
| Change | -0.0223 | -0.0166 | -0.0031 | - | +0.0011 | +0.0081 | +0.0781 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8330 | 1.8363 | 1.8387 | 1.8420 | 1.8444 | 1.8477 | 1.8501 |
| Camarilla | 1.8395 | 1.8401 | 1.8406 | 1.8411 | 1.8416 | 1.8422 | 1.8427 |
| Woodie | 1.8326 | 1.8361 | 1.8383 | 1.8418 | 1.8440 | 1.8475 | 1.8497 |
| Fibonacci | 1.8363 | 1.8385 | 1.8398 | 1.8420 | 1.8442 | 1.8455 | 1.8477 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7828 | 1.7955 | 1.8198 | 1.8325 | 1.8568 | 1.8695 | 1.8938 |
| Camarilla | 1.8340 | 1.8374 | 1.8408 | 1.8442 | 1.8476 | 1.8510 | 1.8544 |
| Woodie | 1.7887 | 1.7984 | 1.8257 | 1.8354 | 1.8627 | 1.8724 | 1.8997 |
| Fibonacci | 1.7955 | 1.8096 | 1.8183 | 1.8325 | 1.8466 | 1.8553 | 1.8695 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7109 | 1.7251 | 1.7419 | 1.7561 | 1.7729 | 1.7871 | 1.8039 |
| Camarilla | 1.7503 | 1.7531 | 1.7560 | 1.7588 | 1.7616 | 1.7645 | 1.7673 |
| Woodie | 1.7123 | 1.7258 | 1.7433 | 1.7568 | 1.7743 | 1.7878 | 1.8053 |
| Fibonacci | 1.7251 | 1.7369 | 1.7442 | 1.7561 | 1.7679 | 1.7752 | 1.7871 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 36.79 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -3.6946 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 1.8391 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8415 | |
| Elder Ray (13): | -0.0017 | |
| Super Trend (3,10): | 1.8414 | |
| Zig ZAG (10): | 1.8376 | |
| VORTEX (21): | 0.8958 | |
| Stochastique (14,3,5): | 10.47 | |
| TEMA (21): | 1.8387 | |
| Williams %R (14): | -95.08 | |
| Chande Momentum Oscillator (20): | -0.0027 | |
| Repulse (5,40,3): | -0.0586 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0035 | |
| Courbe Coppock: | 0.20 |
| MA7: | 1.8341 | |
| MA20: | 1.8011 | |
| MA50: | 1.7757 | |
| MA100: | 1.7856 | |
| MAexp7: | 1.8387 | |
| MAexp20: | 1.8400 | |
| MAexp50: | 1.8410 | |
| MAexp100: | 1.8416 | |
| Price / MA7: | +0.16% | |
| Price / MA20: | +1.99% | |
| Price / MA50: | +3.45% | |
| Price / MA100: | +2.88% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | -0.22% | |
| Price / MAexp100: | -0.25% |
Quotes :
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Real time data
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Forex
News
The latest news and videos published on EUR/NZD at the time of the analysis were as follows:
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EUR/NZD Forecast June 7, 2024
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EUR/NZD Forecast May 23, 2024
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EUR/NZD Forecast March 22, 2024
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EUR/NZD Focus
This member declared not having a position on this financial instrument or a related financial instrument.
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