NZD/JPY
NZD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: NZDJPY
ISIN:

NZD/JPY - 15 min. - Technical analysis published on 08/01/2023 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 87.81 JPY
My targets
88.98 JPY (+0.53)
89.67 JPY (+1.22)
My analysis
NZD/JPY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 87.81 JPY. The next resistance located at 88.98 JPY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 89.67 JPY. After this resistance, buyers could then target 90.84 JPY. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8

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:
1H Daily Weekly

Additional analysis

Quotes

The NZD/JPY rating is 88.45 JPY. The price registered an increase of +0.18% on the session and was between 88.28 JPY and 88.46 JPY. This implies that the price is at +0.19% from its lowest and at -0.01% from its highest.

88.28
88.46
88.45

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:

Central Records

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. 89.29% 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 detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 15 minutes



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

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 15 minutes


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 15 minutes


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 15 minutes


MACD indicator is back over 0

Type : Bullish

Timeframe : 15 minutes


Momentum indicator is back over 0

Type : Bullish

Timeframe : 15 minutes



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 15 minutes



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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 87.11 87.38 87.83 88.45 89.56 93.84
Change (%) -1.51% -1.21% -0.70% - +1.25% +6.09%
Change -1.34 -1.07 -0.62 - +1.11 +5.39
Level Major Minor Intermediate - Major Major



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
Standard85.2685.9587.1287.8188.9889.6790.84
Camarilla87.7887.9588.1288.2988.4688.6388.80
Woodie85.5086.0787.3687.9389.2289.7991.08
Fibonacci85.9586.6687.1087.8188.5288.9689.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.2183.5885.2586.6288.2989.6691.33
Camarilla86.0986.3786.6586.9387.2187.4987.77
Woodie82.3783.6685.4186.7088.4589.7491.49
Fibonacci83.5884.7485.4686.6287.7888.5089.66


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard80.8382.8885.5987.6490.3592.4095.11
Camarilla86.9887.4287.8588.2988.7389.1689.60
Woodie81.1583.0585.9187.8190.6792.5795.43
Fibonacci82.8884.7085.8387.6489.4690.5992.40

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): 58.96
MACD (12,26,9): 0.0100
Directional Movement: 3.95
AROON (14): -14.28
DEMA (21): 88.35
Parabolic SAR (0,02-0,02-0,2): 88.12
Elder Ray (13): 0.02
Super Trend (3,10): 88.55
Zig ZAG (10): 88.44
VORTEX (21): 0.9400
Stochastique (14,3,5): 66.67
TEMA (21): 88.34
Williams %R (14): -8.33
Chande Momentum Oscillator (20): 0.08
Repulse (5,40,3): 0.1700
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.05
MA7: 87.45
MA20: 87.70
MA50: 86.98
MA100: 85.24
MAexp7: 88.36
MAexp20: 88.34
MAexp50: 88.27
MAexp100: 87.99
Price / MA7: +1.14%
Price / MA20: +0.86%
Price / MA50: +1.69%
Price / MA100: +3.77%
Price / MAexp7: +0.10%
Price / MAexp20: +0.12%
Price / MAexp50: +0.20%
Price / MAexp100: +0.52%

Quotes : - Real time data - Forex

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

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