EUR/NZD - 15 min. - Technical analysis published on 10/28/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 1.8090 NZD
My targets
1.8024 NZD (-0.0026)
1.7984 NZD (-0.0066)
My analysis
In the short term, we can see an acceleration in the bearish trend on EUR/NZD, which is a positive signal for sellers. As long as the price remains above 1.8090 NZD, a sale could be considered. The first bearish objective is located at 1.8024 NZD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.7984 NZD as an objective. Crossing it would then enable sellers to target 1.7958 NZD. If the price were to return above 1.8090 NZD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
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
5.9
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This analysis was given by shadybhai. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/NZD rating is 1.8050 NZD. The price is lower by -0.08% since the last closing with the lowest point at 1.8021 NZD and the highest point at 1.8113 NZD. The deviation from the price is +0.16% for the low point and -0.35% for the high point.1.8021
1.8113
1.8050
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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 this 15 min. chart of EUR/NZD indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
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 | 1.7962 | 1.8009 | 1.8031 | 1.8050 | 1.8074 | 1.8147 | 1.8358 |
| Change (%) | -0.49% | -0.23% | -0.11% | - | +0.13% | +0.54% | +1.71% |
| Change | -0.0088 | -0.0041 | -0.0019 | - | +0.0024 | +0.0097 | +0.0308 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
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): | 27.11 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -13.2987 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 1.8063 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8071 | |
| Elder Ray (13): | -0.0012 | |
| Super Trend (3,10): | 1.8083 | |
| Zig ZAG (10): | 1.8052 | |
| VORTEX (21): | 0.7614 | |
| Stochastique (14,3,5): | 4.14 | |
| TEMA (21): | 1.8054 | |
| Williams %R (14): | -97.78 | |
| Chande Momentum Oscillator (20): | -0.0030 | |
| Repulse (5,40,3): | -0.0787 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0039 | |
| Courbe Coppock: | 0.38 |
| MA7: | 1.7972 | |
| MA20: | 1.7899 | |
| MA50: | 1.7878 | |
| MA100: | 1.7898 | |
| MAexp7: | 1.8060 | |
| MAexp20: | 1.8072 | |
| MAexp50: | 1.8076 | |
| MAexp100: | 1.8065 | |
| Price / MA7: | +0.43% | |
| Price / MA20: | +0.84% | |
| Price / MA50: | +0.96% | |
| Price / MA100: | +0.85% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.08% |
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 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
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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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