EUR/NZD - 15 min. - Technical analysis published on 10/28/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 1.8050 NZD
My targets
1.8116 NZD (+0.0020)
1.8156 NZD (+0.0060)
My analysis
The bullish trend is currently very strong on EUR/NZD. As long as the price remains above the support at 1.8050 NZD, you could try to benefit from the boom. The first bullish objective is located at 1.8116 NZD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.8156 NZD as an objective. Crossing it would then enable buyers to target 1.8358 NZD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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Additional analysis
Quotes
The EUR/NZD rating is 1.8096 NZD. The price registered an increase of +0.17% on the session with the lowest point at 1.8021 NZD and the highest point at 1.8113 NZD. The deviation from the price is +0.42% for the low point and -0.09% for the high point.1.8021
1.8113
1.8096
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/NZD in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.8009 | 1.8031 | 1.8074 | 1.8096 | 1.8147 | 1.8358 | 1.8442 |
| Change (%) | -0.48% | -0.36% | -0.12% | - | +0.28% | +1.45% | +1.91% |
| Change | -0.0087 | -0.0065 | -0.0022 | - | +0.0051 | +0.0262 | +0.0346 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7958 | 1.7984 | 1.8024 | 1.8050 | 1.8090 | 1.8116 | 1.8156 |
| Camarilla | 1.8047 | 1.8053 | 1.8059 | 1.8065 | 1.8071 | 1.8077 | 1.8083 |
| Woodie | 1.7966 | 1.7988 | 1.8032 | 1.8054 | 1.8098 | 1.8120 | 1.8164 |
| Fibonacci | 1.7984 | 1.8009 | 1.8025 | 1.8050 | 1.8075 | 1.8091 | 1.8116 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7670 | 1.7753 | 1.7909 | 1.7992 | 1.8148 | 1.8231 | 1.8387 |
| Camarilla | 1.7999 | 1.8021 | 1.8043 | 1.8065 | 1.8087 | 1.8109 | 1.8131 |
| Woodie | 1.7707 | 1.7771 | 1.7946 | 1.8010 | 1.8185 | 1.8249 | 1.8424 |
| Fibonacci | 1.7753 | 1.7844 | 1.7901 | 1.7992 | 1.8083 | 1.8140 | 1.8231 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6810 | 1.7149 | 1.7351 | 1.7690 | 1.7892 | 1.8231 | 1.8433 |
| Camarilla | 1.7403 | 1.7453 | 1.7502 | 1.7552 | 1.7602 | 1.7651 | 1.7701 |
| Woodie | 1.6741 | 1.7115 | 1.7282 | 1.7656 | 1.7823 | 1.8197 | 1.8364 |
| Fibonacci | 1.7149 | 1.7356 | 1.7484 | 1.7690 | 1.7897 | 1.8025 | 1.8231 |
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): | 55.27 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 12.1223 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 1.8101 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8085 | |
| Elder Ray (13): | 0.0004 | |
| Super Trend (3,10): | 1.8073 | |
| Zig ZAG (10): | 1.8096 | |
| VORTEX (21): | 1.0323 | |
| Stochastique (14,3,5): | 69.11 | |
| TEMA (21): | 1.8102 | |
| Williams %R (14): | -41.46 | |
| Chande Momentum Oscillator (20): | 0.0013 | |
| Repulse (5,40,3): | -0.0065 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0048 | |
| Courbe Coppock: | 0.13 |
| MA7: | 1.7979 | |
| MA20: | 1.7902 | |
| MA50: | 1.7879 | |
| MA100: | 1.7899 | |
| MAexp7: | 1.8099 | |
| MAexp20: | 1.8092 | |
| MAexp50: | 1.8080 | |
| MAexp100: | 1.8063 | |
| Price / MA7: | +0.65% | |
| Price / MA20: | +1.08% | |
| Price / MA50: | +1.21% | |
| Price / MA100: | +1.10% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.18% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on EUR/NZD. At the time of publication of this analysis, the latest news was as follows:
-
EUR/NZD Forecast September 13, 2024
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EUR/NZD Forecast September 4, 2024
-
EUR/NZD Forecast August 19, 2024
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EUR/NZD Forecast June 7, 2024
-
EUR/NZD Forecast May 23, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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