NZD/JPY - 15 min. - Technical analysis published on 03/16/2023 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 82.56 JPY
My targets
83.31 JPY (+0.65)
84.08 JPY (+1.42)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NZD/JPY as long as the price remains well above 82.56 JPY. The buyers' bullish objective is set at 83.31 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 84.08 JPY. If there is any crossing, the next objective would be the resistance located at 84.72 JPY. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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This analysis was given by nwbrown2. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/JPY price is 82.66 JPY. The price registered an increase of +0.94% on the session with the lowest point at 81.13 JPY and the highest point at 82.90 JPY. The deviation from the price is +1.89% for the low point and -0.29% for the high point.81.13
82.90
82.66
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this NZD/JPY chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 73.31 | 81.52 | 82.02 | 82.66 | 82.95 | 83.72 | 83.99 |
| Change (%) | -11.31% | -1.38% | -0.77% | - | +0.35% | +1.28% | +1.61% |
| Change | -9.35 | -1.14 | -0.64 | - | +0.29 | +1.06 | +1.33 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78.99 | 80.40 | 81.15 | 82.56 | 83.31 | 84.72 | 85.47 |
| Camarilla | 81.30 | 81.49 | 81.69 | 81.89 | 82.09 | 82.29 | 82.48 |
| Woodie | 78.65 | 80.24 | 80.81 | 82.40 | 82.97 | 84.56 | 85.13 |
| Fibonacci | 80.40 | 81.23 | 81.74 | 82.56 | 83.39 | 83.90 | 84.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 79.88 | 81.21 | 81.98 | 83.31 | 84.08 | 85.41 | 86.18 |
| Camarilla | 82.16 | 82.36 | 82.55 | 82.74 | 82.93 | 83.13 | 83.32 |
| Woodie | 79.59 | 81.07 | 81.69 | 83.17 | 83.79 | 85.27 | 85.89 |
| Fibonacci | 81.21 | 82.02 | 82.51 | 83.31 | 84.12 | 84.61 | 85.41 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 80.76 | 81.54 | 82.94 | 83.72 | 85.12 | 85.90 | 87.30 |
| Camarilla | 83.74 | 83.94 | 84.14 | 84.34 | 84.54 | 84.74 | 84.94 |
| Woodie | 81.07 | 81.70 | 83.25 | 83.88 | 85.43 | 86.06 | 87.61 |
| Fibonacci | 81.54 | 82.37 | 82.89 | 83.72 | 84.55 | 85.07 | 85.90 |
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): | 67.81 | |
| MACD (12,26,9): | 0.2100 | |
| Directional Movement: | 14.70 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 82.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 82.70 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 82.44 | |
| Zig ZAG (10): | 82.78 | |
| VORTEX (21): | 1.2900 | |
| Stochastique (14,3,5): | 76.41 | |
| TEMA (21): | 82.88 | |
| Williams %R (14): | -30.77 | |
| Chande Momentum Oscillator (20): | 0.42 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.01 |
| MA7: | 82.99 | |
| MA20: | 83.80 | |
| MA50: | 83.62 | |
| MA100: | 84.64 | |
| MAexp7: | 82.73 | |
| MAexp20: | 82.55 | |
| MAexp50: | 82.28 | |
| MAexp100: | 82.26 | |
| Price / MA7: | -0.40% | |
| Price / MA20: | -1.36% | |
| Price / MA50: | -1.15% | |
| Price / MA100: | -2.34% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.47% | |
| Price / MAexp100: | +0.50% |
Quotes :
-
Real time data
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Forex
News
The last news published on NZD/JPY at the time of the generation of this analysis was as follows:
-
NZD/JPY Can Take Advantage of, But Not Dependent on Risk Appetite (Quick Takes Video)
-
Technica Focus: Big Confluence in NZD/JPY
-
Why selling the NZD/JPY could be ‘a good short-term trade’
This member declared not having a position on this financial instrument or a related financial instrument.
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