NZD/USD - 15 min. - Technical analysis published on 04/04/2023 (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
56%
6%
39%
My opinion
Bullish above 0.6272 USD
My targets
0.6335 USD (+0.0033)
0.6372 USD (+0.0070)
My analysis
NZD/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.6272 USD. The next resistance located at 0.6335 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.6372 USD. After this resistance, buyers could then target 0.6435 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
7.7
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This analysis was given by nwbrown2. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/USD rating is 0.6302 USD. The price registered an increase of +0.05% on the session with the lowest point at 0.6291 USD and the highest point at 0.6310 USD. The deviation from the price is +0.17% for the low point and -0.13% for the high point.0.6291
0.6310
0.6302
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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 (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NZD/USD in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
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 | 0.6261 | 0.6271 | 0.6298 | 0.6302 | 0.6360 | 0.6517 | 0.6731 |
| Change (%) | -0.65% | -0.49% | -0.06% | - | +0.92% | +3.41% | +6.81% |
| Change | -0.0041 | -0.0031 | -0.0004 | - | +0.0058 | +0.0215 | +0.0429 |
| Level | Major | Intermediate | Intermediate | - | Minor | 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 | 0.6135 | 0.6172 | 0.6235 | 0.6272 | 0.6335 | 0.6372 | 0.6435 |
| Camarilla | 0.6272 | 0.6281 | 0.6290 | 0.6299 | 0.6308 | 0.6317 | 0.6327 |
| Woodie | 0.6149 | 0.6179 | 0.6249 | 0.6279 | 0.6349 | 0.6379 | 0.6449 |
| Fibonacci | 0.6172 | 0.6210 | 0.6234 | 0.6272 | 0.6310 | 0.6334 | 0.6372 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6076 | 0.6129 | 0.6193 | 0.6246 | 0.6310 | 0.6363 | 0.6427 |
| Camarilla | 0.6226 | 0.6237 | 0.6247 | 0.6258 | 0.6269 | 0.6280 | 0.6290 |
| Woodie | 0.6083 | 0.6132 | 0.6200 | 0.6249 | 0.6317 | 0.6366 | 0.6434 |
| Fibonacci | 0.6129 | 0.6173 | 0.6201 | 0.6246 | 0.6290 | 0.6318 | 0.6363 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5915 | 0.5999 | 0.6129 | 0.6213 | 0.6343 | 0.6427 | 0.6557 |
| Camarilla | 0.6199 | 0.6219 | 0.6238 | 0.6258 | 0.6278 | 0.6297 | 0.6317 |
| Woodie | 0.5937 | 0.6011 | 0.6151 | 0.6225 | 0.6365 | 0.6439 | 0.6579 |
| Fibonacci | 0.5999 | 0.6081 | 0.6132 | 0.6213 | 0.6295 | 0.6346 | 0.6427 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.52 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -3.5009 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 0.6303 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6296 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 0.6291 | |
| Zig ZAG (10): | 0.6302 | |
| VORTEX (21): | 1.0345 | |
| Stochastique (14,3,5): | 66.85 | |
| TEMA (21): | 0.6302 | |
| Williams %R (14): | -35.71 | |
| Chande Momentum Oscillator (20): | 0.0005 | |
| Repulse (5,40,3): | 0.0033 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0035 | |
| Courbe Coppock: | 0.17 |
| MA7: | 0.6258 | |
| MA20: | 0.6216 | |
| MA50: | 0.6270 | |
| MA100: | 0.6297 | |
| MAexp7: | 0.6302 | |
| MAexp20: | 0.6300 | |
| MAexp50: | 0.6295 | |
| MAexp100: | 0.6284 | |
| Price / MA7: | +0.70% | |
| Price / MA20: | +1.38% | |
| Price / MA50: | +0.51% | |
| Price / MA100: | +0.08% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.29% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on NZD/USD. At the time of publication of this analysis, the latest news was as follows:
-
Technical Analysis: 29/03/2023 - NZDUSD hovers within a tight range of SMAs
-
Technical Analysis: 22/03/2023 - NZDUSD stuck in range ahead of Fed meeting
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Technical Analysis: 15/03/2023 - NZDUSD exercises caution despite bullish breakout
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Technical Analysis: 22/02/2023 - NZDUSD flatlines but sellers still active
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NZD/USD Forecast February 20, 2023
This member declared not having a position on this financial instrument or a related financial instrument.
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