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
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 88.29 JPY
My targets
87.81 JPY (-0.32)
87.12 JPY (-1.01)
My analysis
The basic trend is currently slightly bearish on NZD/JPY and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 88.29 JPY, sales could be favoured. The first bearish objective would be located at 87.81 JPY. Sellers would then use the next support located at 87.12 JPY as an objective. Crossing it would then enable sellers to target 85.95 JPY. A return to above the resistance at 88.29 JPY could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
3.8
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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 88.13 JPY. The price is lower by -0.18% since the last closing and was between 88.13 JPY and 88.60 JPY. This implies that the price is at 0% from its lowest and at -0.53% from its highest.88.13
88.60
88.13
Here is a more detailed summary of the historical variations registered by NZD/JPY:
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 slightly bearish. 46.43% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
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 | 86.64 | 87.11 | 87.83 | 88.13 | 88.54 | 89.49 | 93.84 |
| Change (%) | -1.69% | -1.16% | -0.34% | - | +0.47% | +1.54% | +6.48% |
| Change | -1.49 | -1.02 | -0.30 | - | +0.41 | +1.36 | +5.71 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.26 | 85.95 | 87.12 | 87.81 | 88.98 | 89.67 | 90.84 |
| Camarilla | 87.78 | 87.95 | 88.12 | 88.29 | 88.46 | 88.63 | 88.80 |
| Woodie | 85.50 | 86.07 | 87.36 | 87.93 | 89.22 | 89.79 | 91.08 |
| Fibonacci | 85.95 | 86.66 | 87.10 | 87.81 | 88.52 | 88.96 | 89.67 |
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 | 80.83 | 82.88 | 85.59 | 87.64 | 90.35 | 92.40 | 95.11 |
| Camarilla | 86.98 | 87.42 | 87.85 | 88.29 | 88.73 | 89.16 | 89.60 |
| Woodie | 81.15 | 83.05 | 85.91 | 87.81 | 90.67 | 92.57 | 95.43 |
| Fibonacci | 82.88 | 84.70 | 85.83 | 87.64 | 89.46 | 90.59 | 92.40 |
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): | 42.14 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -12.40 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 88.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 88.45 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 88.53 | |
| Zig ZAG (10): | 88.20 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 17.10 | |
| TEMA (21): | 88.25 | |
| Williams %R (14): | -87.50 | |
| Chande Momentum Oscillator (20): | -0.19 | |
| Repulse (5,40,3): | -0.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.21 |
| MA7: | 87.40 | |
| MA20: | 87.69 | |
| MA50: | 86.97 | |
| MA100: | 85.24 | |
| MAexp7: | 88.26 | |
| MAexp20: | 88.32 | |
| MAexp50: | 88.32 | |
| MAexp100: | 88.13 | |
| Price / MA7: | +0.84% | |
| Price / MA20: | +0.50% | |
| Price / MA50: | +1.33% | |
| Price / MA100: | +3.39% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | -0.22% | |
| Price / MAexp100: | -0% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on NZD/JPY at the time of the analysis were 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
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