NZD/JPY - 15 min. - Technical analysis published on 07/31/2023 (GMT)
- 145
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 88.29 JPY
My targets
89.62 JPY (+1.21)
91.33 JPY (+2.92)
My analysis
The bullish trend is currently very strong on NZD/JPY. As long as the price remains above the support at 88.29 JPY, you could try to benefit from the boom. The first bullish objective is located at 89.62 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 91.33 JPY as an objective. Crossing it would then enable buyers to target 93.84 JPY. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
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 sankar79in. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/JPY rating is 88.41 JPY. The price has increased by +1.70% since the last closing and was traded between 86.64 JPY and 88.50 JPY over the period. The price is currently at +2.04% from its lowest and -0.10% from its highest.86.64
88.50
88.41
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
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 HIGH record (1 year)
Type : Bullish
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
Technical analysis of this 15 min. chart of NZD/JPY indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
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
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 87.11 | 87.38 | 87.83 | 88.41 | 89.56 | 93.84 |
| Change (%) | -1.47% | -1.17% | -0.66% | - | +1.30% | +6.14% |
| Change | -1.30 | -1.03 | -0.58 | - | +1.15 | +5.43 |
| Level | Major | Minor | Intermediate | - | Major | Major |
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 | 83.59 | 84.26 | 85.60 | 86.27 | 87.61 | 88.28 | 89.62 |
| Camarilla | 86.38 | 86.56 | 86.75 | 86.93 | 87.11 | 87.30 | 87.48 |
| Woodie | 83.92 | 84.43 | 85.93 | 86.44 | 87.94 | 88.45 | 89.95 |
| Fibonacci | 84.26 | 85.03 | 85.51 | 86.27 | 87.04 | 87.52 | 88.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.21 | 83.58 | 85.25 | 86.62 | 88.29 | 89.66 | 91.33 |
| Camarilla | 86.09 | 86.37 | 86.65 | 86.93 | 87.21 | 87.49 | 87.77 |
| Woodie | 82.37 | 83.66 | 85.41 | 86.70 | 88.45 | 89.74 | 91.49 |
| Fibonacci | 83.58 | 84.74 | 85.46 | 86.62 | 87.78 | 88.50 | 89.66 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 79.60 | 81.56 | 85.06 | 87.02 | 90.52 | 92.48 | 95.98 |
| Camarilla | 87.06 | 87.56 | 88.06 | 88.56 | 89.06 | 89.56 | 90.06 |
| Woodie | 80.37 | 81.95 | 85.83 | 87.41 | 91.29 | 92.87 | 96.75 |
| Fibonacci | 81.56 | 83.65 | 84.93 | 87.02 | 89.11 | 90.39 | 92.48 |
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): | 61.19 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 7.93 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 88.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 88.49 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 88.17 | |
| Zig ZAG (10): | 88.41 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 52.38 | |
| TEMA (21): | 88.41 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.10 |
| MA7: | 87.32 | |
| MA20: | 87.76 | |
| MA50: | 86.94 | |
| MA100: | 85.20 | |
| MAexp7: | 88.40 | |
| MAexp20: | 88.36 | |
| MAexp50: | 88.13 | |
| MAexp100: | 87.74 | |
| Price / MA7: | +1.25% | |
| Price / MA20: | +0.74% | |
| Price / MA50: | +1.69% | |
| Price / MA100: | +3.77% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.33% | |
| Price / MAexp100: | +0.78% |
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:
-
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis NZD/JPY - 15 min.