NZD/USD - 15 min. - Technical analysis published on 10/09/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
78%
6%
My opinion
Bearish under 0.6127 USD
My targets
0.6089 USD (-0.0017)
0.6072 USD (-0.0034)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NZD/USD as long as the price remains well below 0.6127 USD. The sellers' bearish objective is set at 0.6089 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6072 USD. In case of crossing, the next objective would be the support located at 0.6053 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7
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This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/USD price is 0.6106 USD. The price registered a decrease of -0.39% on the session and was between 0.6095 USD and 0.6138 USD. This implies that the price is at +0.18% from its lowest and at -0.52% from its highest.0.6095
0.6138
0.6106
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/USD:
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
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this NZD/USD chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
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:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5980 | 0.6053 | 0.6089 | 0.6106 | 0.6132 | 0.6197 | 0.6220 |
| Change (%) | -2.06% | -0.87% | -0.28% | - | +0.43% | +1.49% | +1.87% |
| Change | -0.0126 | -0.0053 | -0.0017 | - | +0.0026 | +0.0091 | +0.0114 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6072 | 0.6089 | 0.6110 | 0.6127 | 0.6148 | 0.6165 | 0.6186 |
| Camarilla | 0.6120 | 0.6123 | 0.6127 | 0.6130 | 0.6134 | 0.6137 | 0.6141 |
| Woodie | 0.6073 | 0.6090 | 0.6111 | 0.6128 | 0.6149 | 0.6166 | 0.6187 |
| Fibonacci | 0.6089 | 0.6104 | 0.6113 | 0.6127 | 0.6142 | 0.6151 | 0.6165 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5842 | 0.5993 | 0.6076 | 0.6227 | 0.6310 | 0.6461 | 0.6544 |
| Camarilla | 0.6094 | 0.6115 | 0.6137 | 0.6158 | 0.6180 | 0.6201 | 0.6222 |
| Woodie | 0.5807 | 0.5976 | 0.6041 | 0.6210 | 0.6275 | 0.6444 | 0.6509 |
| Fibonacci | 0.5993 | 0.6083 | 0.6138 | 0.6227 | 0.6317 | 0.6372 | 0.6461 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5901 | 0.6004 | 0.6174 | 0.6277 | 0.6447 | 0.6550 | 0.6720 |
| Camarilla | 0.6270 | 0.6295 | 0.6320 | 0.6345 | 0.6370 | 0.6395 | 0.6420 |
| Woodie | 0.5936 | 0.6021 | 0.6209 | 0.6294 | 0.6482 | 0.6567 | 0.6755 |
| Fibonacci | 0.6004 | 0.6108 | 0.6172 | 0.6277 | 0.6381 | 0.6445 | 0.6550 |
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): | 31.83 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -21.3882 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 0.6116 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6130 | |
| Elder Ray (13): | -0.0016 | |
| Super Trend (3,10): | 0.6131 | |
| Zig ZAG (10): | 0.6102 | |
| VORTEX (21): | 0.7953 | |
| Stochastique (14,3,5): | 27.54 | |
| TEMA (21): | 0.6110 | |
| Williams %R (14): | -76.09 | |
| Chande Momentum Oscillator (20): | -0.0024 | |
| Repulse (5,40,3): | 0.0027 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0037 | |
| Courbe Coppock: | 0.77 |
| MA7: | 0.6183 | |
| MA20: | 0.6229 | |
| MA50: | 0.6159 | |
| MA100: | 0.6123 | |
| MAexp7: | 0.6113 | |
| MAexp20: | 0.6122 | |
| MAexp50: | 0.6125 | |
| MAexp100: | 0.6126 | |
| Price / MA7: | -1.25% | |
| Price / MA20: | -1.97% | |
| Price / MA50: | -0.86% | |
| Price / MA100: | -0.28% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.28% | |
| Price / MAexp50: | -0.33% | |
| Price / MAexp100: | -0.34% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on NZD/USD at the time of the analysis were as follows:
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Weekly Technical Outlook on USDJPY, NZDUSD, Oil
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NZD/USD Forecast October 4, 2024
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NZD/USD Forecast October 3, 2024
-
NZD/USD Forecast September 30, 2024
-
NZD/USD Forecast September 27, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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