EUR/NZD - 15 min. - Technical analysis published on 08/01/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
11%
56%
My opinion
Bearish under 1.8243 NZD
My targets
1.8111 NZD (-0.0073)
1.8036 NZD (-0.0148)
My analysis
The bearish basic trend is very strong on EUR/NZD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 1.8243 NZD. Crossing the first support at 1.8111 NZD would be a sign of a further potential price plummet. Sellers would then use the next support located at 1.8036 NZD as an objective. Crossing it would then enable sellers to target 1.7904 NZD. Caution, a return to above the resistance located at 1.8243 NZD would be a sign of a possible consolidation phase of the short-term basic trend. 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 not called into question, despite technical indicators being neutral.
Force
0
10
3.9
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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 1.8184 NZD. The price registered a decrease of -0.02% on the session and was traded between 1.8167 NZD and 1.8209 NZD over the period. The price is currently at +0.09% from its lowest and -0.14% from its highest.1.8167
1.8209
1.8184
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of EUR/NZD indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1.7928 | 1.8081 | 1.8147 | 1.8184 | 1.8204 | 1.8258 | 1.8381 |
| Change (%) | -1.41% | -0.57% | -0.20% | - | +0.11% | +0.41% | +1.08% |
| Change | -0.0256 | -0.0103 | -0.0037 | - | +0.0020 | +0.0074 | +0.0197 |
| Level | Major | Minor | Major | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7904 | 1.8036 | 1.8111 | 1.8243 | 1.8318 | 1.8450 | 1.8525 |
| Camarilla | 1.8130 | 1.8149 | 1.8168 | 1.8187 | 1.8206 | 1.8225 | 1.8244 |
| Woodie | 1.7877 | 1.8022 | 1.8084 | 1.8229 | 1.8291 | 1.8436 | 1.8498 |
| Fibonacci | 1.8036 | 1.8115 | 1.8164 | 1.8243 | 1.8322 | 1.8371 | 1.8450 |
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 | 1.6837 | 1.7214 | 1.7700 | 1.8077 | 1.8563 | 1.8940 | 1.9426 |
| Camarilla | 1.7950 | 1.8029 | 1.8108 | 1.8187 | 1.8266 | 1.8345 | 1.8424 |
| Woodie | 1.6893 | 1.7241 | 1.7756 | 1.8104 | 1.8619 | 1.8967 | 1.9482 |
| Fibonacci | 1.7214 | 1.7543 | 1.7747 | 1.8077 | 1.8406 | 1.8610 | 1.8940 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.37 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 0.5625 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 1.8191 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8170 | |
| Elder Ray (13): | 0.0004 | |
| Super Trend (3,10): | 1.8210 | |
| Zig ZAG (10): | 1.8200 | |
| VORTEX (21): | 1.0476 | |
| Stochastique (14,3,5): | 65.87 | |
| TEMA (21): | 1.8197 | |
| Williams %R (14): | -38.10 | |
| Chande Momentum Oscillator (20): | 0.0019 | |
| Repulse (5,40,3): | -0.0238 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0003 | |
| Courbe Coppock: | 0.14 |
| MA7: | 1.8324 | |
| MA20: | 1.8059 | |
| MA50: | 1.7774 | |
| MA100: | 1.7863 | |
| MAexp7: | 1.8191 | |
| MAexp20: | 1.8189 | |
| MAexp50: | 1.8199 | |
| MAexp100: | 1.8229 | |
| Price / MA7: | -0.76% | |
| Price / MA20: | +0.69% | |
| Price / MA50: | +2.31% | |
| Price / MA100: | +1.80% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.08% | |
| 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 Focus
This member declared not having a position on this financial instrument or a related financial instrument.
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