EUR/NZD

- NZD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	EURNZD
ISIN:

EUR/NZD - 15 min. - Technical analysis published on 12/30/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bearish

Technical indicators

56%

44%

My opinion

Bearish under 1.8505 NZD

My targets

1.8445 NZD (-0.0012)

1.8408 NZD (-0.0049)

My analysis

In a bearish trend, the price of EUR/NZD tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 1.8505 NZD. A bearish break in the support located at 1.8445 NZD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 1.8408 NZD. Then 1.8378 NZD by extension. It would be safer to wait for a bearish break in the support located at 1.8445 NZD before allowing yourself to re trade short positions (for sale) on EUR/NZD. PS: if there is a bullish break in the resistance located at 1.8505 NZD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/NZD rating is 1.8457 NZD. The price is lower by -0.18% since the last closing and was between 1.8405 NZD and 1.8543 NZD. This implies that the price is at +0.28% from its lowest and at -0.46% from its highest.

1.8405

1.8543

1.8457

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

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. The signals given by moving averages are at 67.86% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes

In fact, 10 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 3

Type : Neutral

Timeframe : 15 minutes

RSI indicator is back over 50

Type : Bullish

Timeframe : 15 minutes

Momentum indicator is back under 0

Type : Bearish

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 resistance

Type : Bearish

Timeframe : 15 minutes

Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.8346	1.8378	1.8443	1.8457	1.8482	1.8543	1.9151
Change (%)	-0.60%	-0.43%	-0.08%	-	+0.14%	+0.47%	+3.76%
Change	-0.0111	-0.0079	-0.0014	-	+0.0025	+0.0086	+0.0694
Level	Minor	Intermediate	Intermediate	-	Major	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	1.8408	1.8445	1.8468	1.8505	1.8528	1.8565	1.8588
Camarilla	1.8474	1.8479	1.8485	1.8490	1.8496	1.8501	1.8507
Woodie	1.8400	1.8442	1.8460	1.8502	1.8520	1.8562	1.8580
Fibonacci	1.8445	1.8468	1.8482	1.8505	1.8528	1.8542	1.8565

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.8233	1.8305	1.8398	1.8470	1.8563	1.8635	1.8728
Camarilla	1.8445	1.8460	1.8475	1.8490	1.8505	1.8520	1.8535
Woodie	1.8243	1.8310	1.8408	1.8475	1.8573	1.8640	1.8738
Fibonacci	1.8305	1.8368	1.8407	1.8470	1.8533	1.8572	1.8635

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.7163	1.7455	1.7662	1.7954	1.8161	1.8453	1.8660
Camarilla	1.7733	1.7779	1.7824	1.7870	1.7916	1.7962	1.8007
Woodie	1.7122	1.7434	1.7621	1.7933	1.8120	1.8432	1.8619
Fibonacci	1.7455	1.7645	1.7763	1.7954	1.8144	1.8262	1.8453

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):	52.11
MACD (12,26,9):	-0.0005
Directional Movement:	-1.1074
AROON (14):	57.1429
DEMA (21):	1.8425
Parabolic SAR (0,02-0,02-0,2):	1.8408
Elder Ray (13):	0.0004
Super Trend (3,10):	1.8447
Zig ZAG (10):	1.8439
VORTEX (21):	1.0233
Stochastique (14,3,5):	87.51
TEMA (21):	1.8431
Williams %R (14):	-10.53
Chande Momentum Oscillator (20):	0.0009
Repulse (5,40,3):	0.0420
ROCnROLL:	-1
TRIX (15,9):	-0.0077
Courbe Coppock:	0.00

MA7:	1.8453
MA20:	1.8223
MA50:	1.8087
MA100:	1.7997
MAexp7:	1.8435
MAexp20:	1.8435
MAexp50:	1.8453
MAexp100:	1.8470
Price / MA7:	+0.02%
Price / MA20:	+1.28%
Price / MA50:	+2.05%
Price / MA100:	+2.56%
Price / MAexp7:	+0.12%
Price / MAexp20:	+0.12%
Price / MAexp50:	+0.02%
Price / MAexp100:	-0.07%

Quotes : - Real time data - Forex

News

The last news published on EUR/NZD at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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