NZD/JPY
-
JPY
(-)
- Real time data - Forex
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Forex |
| Ticker: | NZDJPY |
| ISIN: |
NZD/JPY - Daily - Technical analysis published on 11/14/2023 (GMT)
- 124
- 0
- 11/14/2023 - 07:59
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- Timeframe : Daily
- - Analysis generated on 11/14/2023 - 07:59
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 88.48 JPY
My targets
89.56 JPY (+0.55)
93.84 JPY (+4.83)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NZD/JPY as long as the price remains well above 88.48 JPY. The buyers' bullish objective is set at 89.56 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 93.84 JPY. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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This analysis was given by hannahfreeman. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/JPY rating is 89.01 JPY. The price registered a decrease of -0.21% on the session with the lowest point at 88.97 JPY and the highest point at 89.28 JPY. The deviation from the price is +0.04% for the low point and -0.30% for the high point.88.97
89.28
89.01
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
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
Technical analysis of this Daily chart of NZD/JPY indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 83.72 | 87.14 | 88.48 | 89.01 | 89.56 | 93.84 |
| Change (%) | -5.94% | -2.10% | -0.60% | - | +0.62% | +5.43% |
| Change | -5.29 | -1.87 | -0.53 | - | +0.55 | +4.83 |
| Level | Major | Intermediate | Minor | - | Major | Major |
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 | 88.40 | 88.68 | 88.94 | 89.22 | 89.48 | 89.76 | 90.02 |
| Camarilla | 89.05 | 89.10 | 89.15 | 89.20 | 89.25 | 89.30 | 89.35 |
| Woodie | 88.39 | 88.68 | 88.93 | 89.22 | 89.47 | 89.76 | 90.01 |
| Fibonacci | 88.68 | 88.89 | 89.01 | 89.22 | 89.43 | 89.55 | 89.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.90 | 88.42 | 88.83 | 89.35 | 89.76 | 90.28 | 90.69 |
| Camarilla | 88.99 | 89.08 | 89.17 | 89.25 | 89.34 | 89.42 | 89.51 |
| Woodie | 87.86 | 88.39 | 88.79 | 89.32 | 89.72 | 90.25 | 90.65 |
| Fibonacci | 88.42 | 88.77 | 88.99 | 89.35 | 89.70 | 89.92 | 90.28 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.31 | 85.05 | 86.46 | 88.20 | 89.61 | 91.35 | 92.76 |
| Camarilla | 87.01 | 87.30 | 87.59 | 87.88 | 88.17 | 88.46 | 88.75 |
| Woodie | 83.16 | 84.97 | 86.31 | 88.12 | 89.46 | 91.27 | 92.61 |
| Fibonacci | 85.05 | 86.25 | 86.99 | 88.20 | 89.40 | 90.14 | 91.35 |
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): | 55.79 | |
| MACD (12,26,9): | 0.3200 | |
| Directional Movement: | 10.55 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 89.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 87.95 | |
| Elder Ray (13): | 0.30 | |
| Super Trend (3,10): | 87.24 | |
| Zig ZAG (10): | 89.02 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 77.06 | |
| TEMA (21): | 89.19 | |
| Williams %R (14): | -27.92 | |
| Chande Momentum Oscillator (20): | 2.08 | |
| Repulse (5,40,3): | -0.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 3.98 |
| MA7: | 89.20 | |
| MA20: | 88.27 | |
| MA50: | 88.21 | |
| MA100: | 87.75 | |
| MAexp7: | 89.05 | |
| MAexp20: | 88.65 | |
| MAexp50: | 88.21 | |
| MAexp100: | 87.60 | |
| Price / MA7: | -0.21% | |
| Price / MA20: | +0.84% | |
| Price / MA50: | +0.91% | |
| Price / MA100: | +1.44% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | +0.41% | |
| Price / MAexp50: | +0.91% | |
| Price / MAexp100: | +1.61% |
Quotes :
11/14/2023 - 07:59
-
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:
-
09/11/2017 - 22:50
NZD/JPY Can Take Advantage of, But Not Dependent on Risk Appetite (Quick Takes Video)
-
12/15/2016 - 18:58
Technica Focus: Big Confluence in NZD/JPY
-
04/29/2015 - 16:22
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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