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 bearish
Underlying:
Neutral
Technical indicators
17%
61%
22%
My opinion
Bearish under 1.8090 NZD
My targets
1.8050 NZD (-0.0014)
1.8024 NZD (-0.0040)
My analysis
The strong short-term decrease of EUR/NZD should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 1.8090 NZD, a sale could be considered. The first bearish objective is located at 1.8050 NZD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 1.8024 NZD. If there is any crossing, the next objective would be support 1.7984 NZD. Caution, if there is a return to above 1.8090 NZD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2.5
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Additional analysis
Quotes
The EUR/NZD price is 1.8064 NZD. The price is lower by -0.01% since the last closing and was between 1.8021 NZD and 1.8113 NZD. This implies that the price is at +0.24% from its lowest and at -0.27% from its highest.1.8021
1.8113
1.8064
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
Here is a more detailed summary of the historical variations registered by EUR/NZD:
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 neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.7962 | 1.8009 | 1.8031 | 1.8064 | 1.8074 | 1.8147 | 1.8358 |
| Change (%) | -0.56% | -0.30% | -0.18% | - | +0.06% | +0.46% | +1.63% |
| Change | -0.0102 | -0.0055 | -0.0033 | - | +0.0010 | +0.0083 | +0.0294 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.00 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -6.1675 | |
| AROON (14): | -85.7142 | |
| DEMA (21): | 1.8082 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8096 | |
| Elder Ray (13): | -0.0007 | |
| Super Trend (3,10): | 1.8097 | |
| Zig ZAG (10): | 1.8077 | |
| VORTEX (21): | 0.9466 | |
| Stochastique (14,3,5): | 11.81 | |
| TEMA (21): | 1.8076 | |
| Williams %R (14): | -77.08 | |
| Chande Momentum Oscillator (20): | -0.0028 | |
| Repulse (5,40,3): | -0.0011 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0004 | |
| Courbe Coppock: | 0.21 |
| MA7: | 1.7975 | |
| MA20: | 1.7901 | |
| MA50: | 1.7879 | |
| MA100: | 1.7898 | |
| MAexp7: | 1.8077 | |
| MAexp20: | 1.8084 | |
| MAexp50: | 1.8080 | |
| MAexp100: | 1.8066 | |
| Price / MA7: | +0.50% | |
| Price / MA20: | +0.91% | |
| Price / MA50: | +1.03% | |
| Price / MA100: | +0.93% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.01% |
Quotes :
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Real time data
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Forex
News
The last news published on EUR/NZD at the time of the generation of this analysis was as follows:
-
EUR/NZD Forecast September 13, 2024
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EUR/NZD Forecast September 4, 2024
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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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