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NZD/JPY
NZD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: NZDJPY
ISIN:

NZD/JPY - 1H - Technical analysis published on 02/27/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 93.14 JPY
My targets
92.36 JPY (-0.27)
91.84 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 93.14 JPY. The sellers' bearish objective is set at 92.36 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 91.84 JPY. In case of crossing, the next objective would be the support located at 91.44 JPY.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.4

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.

lapteve
This analysis was given by lapteve. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NZD/JPY rating is 92.63 JPY. The price is lower by -0.24% since the last closing and was traded between 92.58 JPY and 92.85 JPY over the period. The price is currently at +0.05% from its lowest and -0.24% from its highest.

92.58
92.85
92.63

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:

Central Records

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this NZD/JPY chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 91.44 91.84 92.36 92.63 92.66 93.14 93.45
Change (%) -1.28% -0.85% -0.29% - +0.03% +0.55% +0.89%
Change -1.19 -0.79 -0.27 - +0.03 +0.51 +0.82
Level Minor Minor Minor - Intermediate Minor 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
Standard91.8992.2892.5692.9593.2393.6293.90
Camarilla92.6792.7392.7992.8592.9192.9793.03
Woodie91.8592.2592.5292.9293.1993.5993.86
Fibonacci92.2892.5392.6992.9593.2093.3693.62


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard90.7391.3192.2992.8793.8594.4395.41
Camarilla92.8492.9893.1393.2793.4193.5693.70
Woodie90.9391.4192.4992.9794.0594.5395.61
Fibonacci91.3191.9192.2792.8793.4793.8394.43


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard86.3087.4788.6689.8391.0292.1993.38
Camarilla89.2189.4389.6489.8690.0890.2990.51
Woodie86.3287.4888.6889.8491.0492.2093.40
Fibonacci87.4788.3788.9389.8390.7391.2992.19

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): 30.47
MACD (12,26,9): -0.0900
Directional Movement: -19.26
AROON (14): -92.86
DEMA (21): 92.79
Parabolic SAR (0,02-0,02-0,2): 93.05
Elder Ray (13): -0.23
Super Trend (3,10): 92.97
Zig ZAG (10): 92.62
VORTEX (21): 0.9400
Stochastique (14,3,5): 10.22
TEMA (21): 92.74
Williams %R (14): -92.86
Chande Momentum Oscillator (20): -0.43
Repulse (5,40,3): -0.1400
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 0.50
MA7: 92.81
MA20: 91.57
MA50: 90.65
MA100: 89.89
MAexp7: 92.76
MAexp20: 92.89
MAexp50: 92.98
MAexp100: 92.90
Price / MA7: -0.19%
Price / MA20: +1.16%
Price / MA50: +2.18%
Price / MA100: +3.05%
Price / MAexp7: -0.14%
Price / MAexp20: -0.28%
Price / MAexp50: -0.38%
Price / MAexp100: -0.29%

Quotes : - Real time data - Forex

News


The last news published on NZD/JPY at the time of the generation of this analysis was as follows:

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

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Londinia
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