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 (-0.30)
87.12 JPY (-0.99)
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.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
3.9
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This analysis was given by sankar79in. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/JPY rating 88.11 JPY. On the day, this instrument lost -0.20% and was between 88.10 JPY and 88.60 JPY. This implies that the price is at +0.01% from its lowest and at -0.55% from its highest.88.10
88.60
88.11
A study of price movements over other periods shows the following variations:
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 NZD/JPY in 15 min. shows an overall slightly bearish trend. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the 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 strong bearish signal.
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
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 86.64 | 87.11 | 87.83 | 88.11 | 88.54 | 89.49 | 93.84 |
| Change (%) | -1.67% | -1.13% | -0.32% | - | +0.49% | +1.57% | +6.50% |
| Change | -1.47 | -1.00 | -0.28 | - | +0.43 | +1.38 | +5.73 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
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 | 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 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): | 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: | +0.81% | |
| Price / MA20: | +0.48% | |
| Price / MA50: | +1.31% | |
| Price / MA100: | +3.37% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.24% | |
| Price / MAexp100: | -0.02% |
Quotes :
-
Real time data
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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.
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