NZD/JPY - 15 min. - Technical analysis published on 08/01/2023 (GMT)
- 131
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 88.29 JPY
My targets
87.81 JPY (-0.13)
87.12 JPY (-0.82)
My analysis
NZD/JPY is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 88.29 JPY. The next support located at 87.81 JPY is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 87.12 JPY. Below this support, sellers could then target 85.95 JPY. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3
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 87.94 JPY. The price registered a decrease of -0.40% on the session and was traded between 87.82 JPY and 88.60 JPY over the period. The price is currently at +0.14% from its lowest and -0.74% from its highest.87.82
88.60
87.94
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
A technical analysis in 15 min. of this NZD/JPY chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish 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.
On the 18 technical indicators analysed, 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 87.94 | 88.54 | 89.49 | 93.84 |
| Change (%) | -1.48% | -0.94% | -0.13% | - | +0.68% | +1.76% | +6.71% |
| Change | -1.30 | -0.83 | -0.11 | - | +0.60 | +1.55 | +5.90 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| 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): | 36.10 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -12.22 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 87.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 87.95 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 88.18 | |
| Zig ZAG (10): | 87.92 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 25.21 | |
| TEMA (21): | 87.85 | |
| Williams %R (14): | -72.50 | |
| Chande Momentum Oscillator (20): | -0.19 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.68 |
| MA7: | 87.37 | |
| MA20: | 87.67 | |
| MA50: | 86.97 | |
| MA100: | 85.24 | |
| MAexp7: | 87.94 | |
| MAexp20: | 88.03 | |
| MAexp50: | 88.16 | |
| MAexp100: | 88.08 | |
| Price / MA7: | +0.65% | |
| Price / MA20: | +0.31% | |
| Price / MA50: | +1.12% | |
| Price / MA100: | +3.17% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.25% | |
| Price / MAexp100: | -0.16% |
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.