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 02/07/2024 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above 89.53 JPY

My targets

91.22 JPY (+0.99)

93.84 JPY (+3.61)

My analysis

A bullish trend on NZD/JPY both in substance and in the short term. A purchase could be considered as long as the price remains above 89.53 JPY. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 91.22 JPY. Then the price could move towards 93.84 JPY. Be careful, a return below 89.53 JPY would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

4.6

Comment on the analysis

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 shadybhai. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NZD/JPY rating is 90.23 JPY. On the day, this instrument gained +0.09% with the lowest point at 90.09 JPY and the highest point at 90.25 JPY. The deviation from the price is +0.16% for the low point and -0.02% for the high point.

90.09

90.25

90.23

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

A technical analysis in Daily of this NZD/JPY chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	87.76	89.53	90.20	90.23	91.22	93.84
Change (%)	-2.74%	-0.78%	-0.03%	-	+1.10%	+4.00%
Change	-2.47	-0.70	-0.03	-	+0.99	+3.61
Level	Major	Major	Intermediate	-	Major	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.45	89.62	89.89	90.06	90.33	90.50	90.77
Camarilla	90.03	90.07	90.11	90.15	90.19	90.23	90.27
Woodie	89.49	89.65	89.93	90.09	90.37	90.53	90.81
Fibonacci	89.62	89.79	89.90	90.06	90.23	90.34	90.50

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):	51.94
MACD (12,26,9):	0.0400
Directional Movement:	-5.97
AROON (14):	-71.43
DEMA (21):	90.22
Parabolic SAR (0,02-0,02-0,2):	90.59
Elder Ray (13):	0.01
Super Trend (3,10):	90.98
Zig ZAG (10):	90.21
VORTEX (21):	1.0400
Stochastique (14,3,5):	55.13
TEMA (21):	90.13
Williams %R (14):	-38.46
Chande Momentum Oscillator (20):	0.24
Repulse (5,40,3):	0.1900
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	0.73

MA7:	90.07
MA20:	90.27
MA50:	89.95
MA100:	89.38
MAexp7:	90.13
MAexp20:	90.14
MAexp50:	89.89
MAexp100:	89.25
Price / MA7:	+0.18%
Price / MA20:	-0.04%
Price / MA50:	+0.31%
Price / MA100:	+0.95%
Price / MAexp7:	+0.11%
Price / MAexp20:	+0.10%
Price / MAexp50:	+0.38%
Price / MAexp100:	+1.10%

Quotes : - Real time data - Forex

News

The latest news and videos published on NZD/JPY at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15719

Number of analyses :

92383

Followers :

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…