NZD/JPY

- JPY (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	NZDJPY
ISIN:

NZD/JPY - Daily - Technical analysis published on 04/18/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

56%

39%

My opinion

Bullish above 82.22 JPY

My targets

83.72 JPY (+0.46)

84.73 JPY (+1.47)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for NZD/JPY as long as the price remains well above 82.22 JPY. The buyers' bullish objective is set at 83.72 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 84.73 JPY. If there is any crossing, the next objective would be the resistance located at 86.14 JPY.

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

2.7

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.

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Additional analysis

Quotes

The NZD/JPY rating is 83.26 JPY. The price has increased by +0.18% since the last closing and was between 83.04 JPY and 83.27 JPY. This implies that the price is at +0.26% from its lowest and at -0.01% from its highest.

83.04

83.27

83.26

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this NZD/JPY chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	81.52	82.22	82.94	83.26	83.72	84.73	86.14
Change (%)	-2.09%	-1.25%	-0.38%	-	+0.55%	+1.77%	+3.46%
Change	-1.74	-1.04	-0.32	-	+0.46	+1.47	+2.88
Level	Major	Intermediate	Intermediate	-	Major	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	82.45	82.62	82.87	83.04	83.29	83.46	83.71
Camarilla	83.00	83.03	83.07	83.11	83.15	83.19	83.23
Woodie	82.48	82.64	82.90	83.06	83.32	83.48	83.74
Fibonacci	82.62	82.78	82.88	83.04	83.20	83.30	83.46

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	80.98	81.69	82.35	83.06	83.72	84.43	85.09
Camarilla	82.63	82.76	82.88	83.01	83.14	83.26	83.39
Woodie	80.96	81.68	82.33	83.05	83.70	84.42	85.07
Fibonacci	81.69	82.21	82.54	83.06	83.58	83.91	84.43

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	75.78	78.11	80.63	82.96	85.48	87.81	90.33
Camarilla	81.83	82.27	82.72	83.16	83.61	84.05	84.49
Woodie	75.89	78.16	80.74	83.01	85.59	87.86	90.44
Fibonacci	78.11	79.96	81.10	82.96	84.81	85.95	87.81

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):	52.31
MACD (12,26,9):	0.0300
Directional Movement:	4.29
AROON (14):	35.71
DEMA (21):	82.85
Parabolic SAR (0,02-0,02-0,2):	82.61
Elder Ray (13):	0.19
Super Trend (3,10):	84.54
Zig ZAG (10):	83.14
VORTEX (21):	1.0900
Stochastique (14,3,5):	60.76
TEMA (21):	83.07
Williams %R (14):	-43.89
Chande Momentum Oscillator (20):	-0.03
Repulse (5,40,3):	0.1200
ROCnROLL:	-1
TRIX (15,9):	-0.0200
Courbe Coppock:	1.98

MA7:	83.05
MA20:	82.61
MA50:	83.20
MA100:	83.81
MAexp7:	83.02
MAexp20:	82.88
MAexp50:	83.12
MAexp100:	83.55
Price / MA7:	+0.25%
Price / MA20:	+0.79%
Price / MA50:	+0.07%
Price / MA100:	-0.66%
Price / MAexp7:	+0.29%
Price / MAexp20:	+0.46%
Price / MAexp50:	+0.17%
Price / MAexp100:	-0.35%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on NZD/JPY. At the time of publication of this analysis, the latest news was as follows:

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

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