GBP/NZD - 15 min. - Technical analysis published on 12/22/2023 (GMT)
- 135
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Bullish
Technical indicators
83%
11%
6%
My opinion
Bullish above 2.0175 NZD
My targets
2.0240 NZD (+0.0026)
2.0328 NZD (+0.0114)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on GBP/NZD. This is a positive signal for buyers. As long as the price remains above 2.0175 NZD, a purchase could be considered. The first bullish objective is located at 2.0240 NZD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.0328 NZD as an objective. Crossing it would then enable buyers to target 2.0393 NZD. In the event of a return below 2.0175 NZD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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
6.6
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 GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/NZD rating is 2.0214 NZD. The price registered an increase of +0.31% on the session and was traded between 2.0142 NZD and 2.0243 NZD over the period. The price is currently at +0.36% from its lowest and -0.14% from its highest.2.0142
2.0243
2.0214
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this GBP/NZD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
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:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.9189 | 1.9748 | 2.0124 | 2.0214 | 2.0245 | 2.0310 | 2.0400 |
Change (%) | -5.07% | -2.31% | -0.45% | - | +0.15% | +0.47% | +0.92% |
Change | -0.1025 | -0.0466 | -0.0090 | - | +0.0031 | +0.0096 | +0.0186 |
Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.9934 | 2.0022 | 2.0087 | 2.0175 | 2.0240 | 2.0328 | 2.0393 |
Camarilla | 2.0109 | 2.0123 | 2.0137 | 2.0151 | 2.0165 | 2.0179 | 2.0193 |
Woodie | 1.9922 | 2.0016 | 2.0075 | 2.0169 | 2.0228 | 2.0322 | 2.0381 |
Fibonacci | 2.0022 | 2.0081 | 2.0117 | 2.0175 | 2.0234 | 2.0270 | 2.0328 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.9881 | 2.0063 | 2.0242 | 2.0424 | 2.0603 | 2.0785 | 2.0964 |
Camarilla | 2.0323 | 2.0356 | 2.0389 | 2.0422 | 2.0455 | 2.0488 | 2.0521 |
Woodie | 1.9881 | 2.0062 | 2.0242 | 2.0423 | 2.0603 | 2.0784 | 2.0964 |
Fibonacci | 2.0063 | 2.0201 | 2.0286 | 2.0424 | 2.0562 | 2.0647 | 2.0785 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.9846 | 2.0160 | 2.0338 | 2.0652 | 2.0830 | 2.1144 | 2.1322 |
Camarilla | 2.0381 | 2.0426 | 2.0471 | 2.0516 | 2.0561 | 2.0606 | 2.0651 |
Woodie | 1.9778 | 2.0126 | 2.0270 | 2.0618 | 2.0762 | 2.1110 | 2.1254 |
Fibonacci | 2.0160 | 2.0348 | 2.0464 | 2.0652 | 2.0840 | 2.0956 | 2.1144 |
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): | 66.21 | |
MACD (12,26,9): | 0.0010 | |
Directional Movement: | 24.8645 | |
AROON (14): | 57.1429 | |
DEMA (21): | 2.0208 | |
Parabolic SAR (0,02-0,02-0,2): | 2.0190 | |
Elder Ray (13): | 0.0017 | |
Super Trend (3,10): | 2.0171 | |
Zig ZAG (10): | 2.0215 | |
VORTEX (21): | 1.1754 | |
Stochastique (14,3,5): | 57.67 | |
TEMA (21): | 2.0214 | |
Williams %R (14): | -44.44 | |
Chande Momentum Oscillator (20): | 0.0033 | |
Repulse (5,40,3): | -0.0081 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0059 | |
Courbe Coppock: | 0.19 |
MA7: | 2.0319 | |
MA20: | 2.0451 | |
MA50: | 2.0642 | |
MA100: | 2.0796 | |
MAexp7: | 2.0208 | |
MAexp20: | 2.0196 | |
MAexp50: | 2.0186 | |
MAexp100: | 2.0188 | |
Price / MA7: | -0.52% | |
Price / MA20: | -1.16% | |
Price / MA50: | -2.07% | |
Price / MA100: | -2.80% | |
Price / MAexp7: | +0.03% | |
Price / MAexp20: | +0.09% | |
Price / MAexp50: | +0.14% | |
Price / MAexp100: | +0.13% |
Quotes :
-
Real time data
-
Forex
News
Don't forget to follow the news on GBP/NZD. At the time of publication of this analysis, the latest news was as follows:
- Why I'm looking to buy GBPNZD: Coleman
- Why I'm looking to buy GBPNZD: Coleman
- GBP/NZD: Pound Has Upperhand
- Forex Trading Video: GBP/NZD The Cross Roads of BoE and RBNZ, Dollar Faces Wave of Data
- Forex Strategy Video: Time Frame Matters on Entry from Themes Like Risk Trends to GBPNZD
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
Add a comment
Comments
0 comments on the analysis GBP/NZD - 15 min.