NZD/JPY - 15 min. - Technical analysis published on 08/14/2023 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 86.56 JPY
My targets
86.24 JPY (-0.11)
85.94 JPY (-0.41)
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 86.56 JPY. The next support located at 86.24 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 85.94 JPY. Below this support, sellers could then target 84.74 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 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
8.2
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Additional analysis
Quotes
The NZD/JPY rating is 86.35 JPY. The price is lower by -0.37% since the last closing and was between 86.35 JPY and 86.77 JPY. This implies that the price is at 0% from its lowest and at -0.48% from its highest.86.35
86.77
86.35
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. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
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 | 84.74 | 85.94 | 86.31 | 86.35 | 86.54 | 87.13 | 87.46 |
| Change (%) | -1.86% | -0.47% | -0.05% | - | +0.22% | +0.90% | +1.29% |
| Change | -1.61 | -0.41 | -0.04 | - | +0.19 | +0.78 | +1.11 |
| Level | Intermediate | Minor | Major | - | Minor | Major | 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 | 86.24 | 86.45 | 86.56 | 86.77 | 86.88 | 87.09 | 87.20 |
| Camarilla | 86.58 | 86.61 | 86.64 | 86.67 | 86.70 | 86.73 | 86.76 |
| Woodie | 86.19 | 86.43 | 86.51 | 86.75 | 86.83 | 87.07 | 87.15 |
| Fibonacci | 86.45 | 86.57 | 86.65 | 86.77 | 86.89 | 86.97 | 87.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84.58 | 85.44 | 86.09 | 86.95 | 87.60 | 88.46 | 89.11 |
| Camarilla | 86.34 | 86.47 | 86.61 | 86.75 | 86.89 | 87.03 | 87.17 |
| Woodie | 84.49 | 85.39 | 86.00 | 86.90 | 87.51 | 88.41 | 89.02 |
| Fibonacci | 85.44 | 86.01 | 86.37 | 86.95 | 87.52 | 87.88 | 88.46 |
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): | 22.66 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -15.10 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 86.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 86.69 | |
| Elder Ray (13): | -0.16 | |
| Super Trend (3,10): | 86.73 | |
| Zig ZAG (10): | 86.43 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 14.62 | |
| TEMA (21): | 86.48 | |
| Williams %R (14): | -90.91 | |
| Chande Momentum Oscillator (20): | -0.39 | |
| Repulse (5,40,3): | -0.0700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.64 |
| MA7: | 86.84 | |
| MA20: | 87.08 | |
| MA50: | 87.40 | |
| MA100: | 85.73 | |
| MAexp7: | 86.51 | |
| MAexp20: | 86.62 | |
| MAexp50: | 86.71 | |
| MAexp100: | 86.81 | |
| Price / MA7: | -0.56% | |
| Price / MA20: | -0.84% | |
| Price / MA50: | -1.20% | |
| Price / MA100: | +0.72% | |
| Price / MAexp7: | -0.18% | |
| Price / MAexp20: | -0.31% | |
| Price / MAexp50: | -0.42% | |
| Price / MAexp100: | -0.53% |
Quotes :
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Real time data
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Forex
News
The last news published on NZD/JPY at the time of the generation of this analysis 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
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