NZD/JPY - 15 min. - Technical analysis published on 08/03/2023 (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:
Strongly bearish
Technical indicators
11%
50%
39%
My opinion
Bearish under 87.33 JPY
My targets
86.78 JPY (-0.32)
86.31 JPY (-0.79)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NZD/JPY as long as the price remains well below 87.33 JPY. The next bearish objective for sellers is set at 86.78 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 86.31 JPY. If there is any crossing, the next objective would be the support located at 85.76 JPY. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.6
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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 87.10 JPY. The price is lower by -0.16% since the last closing with the lowest point at 87.06 JPY and the highest point at 87.29 JPY. The deviation from the price is +0.05% for the low point and -0.22% for the high point.87.06
87.29
87.10
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NZD/JPY in 15 min. shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
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 these signals:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
Near support of triangle
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 84.74 | 85.70 | 86.64 | 87.10 | 87.11 | 87.81 | 88.54 |
| Change (%) | -2.71% | -1.61% | -0.53% | - | +0.01% | +0.82% | +1.65% |
| Change | -2.36 | -1.40 | -0.46 | - | +0.01 | +0.71 | +1.44 |
| Level | Major | Minor | Minor | - | Major | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.76 | 86.31 | 86.78 | 87.33 | 87.80 | 88.35 | 88.82 |
| Camarilla | 86.96 | 87.05 | 87.15 | 87.24 | 87.33 | 87.43 | 87.52 |
| Woodie | 85.71 | 86.29 | 86.73 | 87.31 | 87.75 | 88.33 | 88.77 |
| Fibonacci | 86.31 | 86.70 | 86.94 | 87.33 | 87.72 | 87.96 | 88.35 |
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): | 44.37 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 3.09 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 87.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 87.07 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 87.32 | |
| Zig ZAG (10): | 87.10 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 26.61 | |
| TEMA (21): | 87.14 | |
| Williams %R (14): | -82.61 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | -0.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.05 |
| MA7: | 87.21 | |
| MA20: | 87.49 | |
| MA50: | 87.06 | |
| MA100: | 85.34 | |
| MAexp7: | 87.13 | |
| MAexp20: | 87.15 | |
| MAexp50: | 87.17 | |
| MAexp100: | 87.30 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | -0.45% | |
| Price / MA50: | +0.05% | |
| Price / MA100: | +2.06% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.23% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on NZD/JPY at the time of the analysis were as follows:
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NZD/JPY Can Take Advantage of, But Not Dependent on Risk Appetite (Quick Takes Video)
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Technica Focus: Big Confluence in NZD/JPY
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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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