NZD/JPY - 15 min. - Technical analysis published on 02/06/2024 (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 bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 90.01 JPY
My targets
90.25 JPY (+0.13)
90.53 JPY (+0.41)
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 90.01 JPY. The buyers' bullish objective is set at 90.25 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 90.53 JPY. If there is any crossing, the next objective would be the resistance located at 90.77 JPY. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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Additional analysis
Quotes
The NZD/JPY price is 90.12 JPY. The price has increased by +0.16% since the last closing and was between 89.91 JPY and 90.15 JPY. This implies that the price is at +0.23% from its lowest and at -0.03% from its highest.89.91
90.15
90.12
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of NZD/JPY indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish 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, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
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 | 89.53 | 89.76 | 90.05 | 90.12 | 90.20 | 90.59 | 90.72 |
| Change (%) | -0.65% | -0.40% | -0.08% | - | +0.09% | +0.52% | +0.67% |
| Change | -0.59 | -0.36 | -0.07 | - | +0.08 | +0.47 | +0.60 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Minor |
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 | 89.21 | 89.49 | 89.73 | 90.01 | 90.25 | 90.53 | 90.77 |
| Camarilla | 89.84 | 89.89 | 89.93 | 89.98 | 90.03 | 90.08 | 90.12 |
| Woodie | 89.20 | 89.48 | 89.72 | 90.00 | 90.24 | 90.52 | 90.76 |
| Fibonacci | 89.49 | 89.69 | 89.81 | 90.01 | 90.21 | 90.33 | 90.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.78 | 88.51 | 89.25 | 89.98 | 90.72 | 91.45 | 92.19 |
| Camarilla | 89.58 | 89.71 | 89.85 | 89.98 | 90.12 | 90.25 | 90.38 |
| Woodie | 87.78 | 88.51 | 89.25 | 89.98 | 90.72 | 91.45 | 92.19 |
| Fibonacci | 88.51 | 89.08 | 89.42 | 89.98 | 90.55 | 90.89 | 91.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 86.30 | 87.47 | 88.66 | 89.83 | 91.02 | 92.19 | 93.38 |
| Camarilla | 89.21 | 89.43 | 89.64 | 89.86 | 90.08 | 90.29 | 90.51 |
| Woodie | 86.32 | 87.48 | 88.68 | 89.84 | 91.04 | 92.20 | 93.40 |
| Fibonacci | 87.47 | 88.37 | 88.93 | 89.83 | 90.73 | 91.29 | 92.19 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 64.47 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 12.78 | |
| AROON (14): | 21.42 | |
| DEMA (21): | 90.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 89.93 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 89.91 | |
| Zig ZAG (10): | 90.13 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 81.94 | |
| TEMA (21): | 90.07 | |
| Williams %R (14): | -8.33 | |
| Chande Momentum Oscillator (20): | 0.17 | |
| Repulse (5,40,3): | 0.0900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.13 |
| MA7: | 90.10 | |
| MA20: | 90.29 | |
| MA50: | 89.95 | |
| MA100: | 89.35 | |
| MAexp7: | 90.07 | |
| MAexp20: | 90.02 | |
| MAexp50: | 90.00 | |
| MAexp100: | 90.00 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | -0.19% | |
| Price / MA50: | +0.19% | |
| Price / MA100: | +0.86% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | +0.13% | |
| Price / MAexp100: | +0.13% |
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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