NZD/JPY

- JPY (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	NZDJPY
ISIN:

NZD/JPY - Daily - Technical analysis published on 04/25/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

50%

17%

33%

My opinion

Bearish under 83.72 JPY

My targets

82.22 JPY (-0.79)

81.52 JPY (-1.49)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 83.72 JPY remains possible. It is advisable to trade NZD/JPY with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 83.72 JPY. The next bearish objective for sellers is set at 82.22 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 81.52 JPY. In case of crossing, the next objective would be the support located at 73.31 JPY. PS: if there is a bullish break in the resistance located at 83.72 JPY 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.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

1.4

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NZD/JPY price is 83.01 JPY. The price registered an increase of +0.25% on the session and was between 82.72 JPY and 83.07 JPY. This implies that the price is at +0.35% from its lowest and at -0.07% from its highest.

82.72

83.07

83.01

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this NZD/JPY chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	73.31	81.52	82.22	83.01	83.72	84.73	86.15
Change (%)	-11.69%	-1.79%	-0.95%	-	+0.86%	+2.07%	+3.78%
Change	-9.70	-1.49	-0.79	-	+0.71	+1.72	+3.14
Level	Intermediate	Major	Intermediate	-	Major	Major	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	81.66	81.91	82.35	82.60	83.04	83.29	83.73
Camarilla	82.61	82.67	82.74	82.80	82.86	82.93	82.99
Woodie	81.77	81.96	82.46	82.65	83.15	83.34	83.84
Fibonacci	81.91	82.17	82.33	82.60	82.86	83.02	83.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	79.88	80.91	81.63	82.66	83.38	84.41	85.13
Camarilla	81.87	82.03	82.19	82.35	82.51	82.67	82.83
Woodie	79.73	80.83	81.48	82.58	83.23	84.33	84.98
Fibonacci	80.91	81.58	81.99	82.66	83.33	83.74	84.41

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	50.76
MACD (12,26,9):	-0.0100
Directional Movement:	0.05
AROON (14):	-85.71
DEMA (21):	82.81
Parabolic SAR (0,02-0,02-0,2):	83.74
Elder Ray (13):	0.01
Super Trend (3,10):	84.54
Zig ZAG (10):	82.94
VORTEX (21):	1.1100
Stochastique (14,3,5):	39.60
TEMA (21):	82.93
Williams %R (14):	-44.81
Chande Momentum Oscillator (20):	0.38
Repulse (5,40,3):	0.4400
ROCnROLL:	-1
TRIX (15,9):	0.0000
Courbe Coppock:	0.25

MA7:	82.90
MA20:	82.92
MA50:	83.13
MA100:	83.63
MAexp7:	82.86
MAexp20:	82.85
MAexp50:	83.07
MAexp100:	83.48
Price / MA7:	+0.13%
Price / MA20:	+0.11%
Price / MA50:	-0.14%
Price / MA100:	-0.74%
Price / MAexp7:	+0.18%
Price / MAexp20:	+0.19%
Price / MAexp50:	-0.07%
Price / MAexp100:	-0.56%

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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