NZD/USD - 15 min. - Technical analysis published on 01/24/2024 (GMT)
- 101
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 0.6143 USD
My targets
0.6149 USD (+0.0004)
0.6181 USD (+0.0036)
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 0.6143 USD. The next resistance located at 0.6149 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 0.6181 USD. After this resistance, buyers could then target 0.6234 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, 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
0
10
8.2
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
NZD/USD rating 0.6145 USD. The price has increased by +0.69% since the last closing and was traded between 0.6089 USD and 0.6149 USD over the period. The price is currently at +0.92% from its lowest and -0.07% from its highest.0.6089
0.6149
0.6145
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
Technical
Technical analysis of this 15 min. chart of NZD/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
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 | 0.6089 | 0.6106 | 0.6127 | 0.6145 | 0.6234 | 0.6285 | 0.6414 |
| Change (%) | -0.91% | -0.63% | -0.29% | - | +1.45% | +2.28% | +4.38% |
| Change | -0.0056 | -0.0039 | -0.0018 | - | +0.0089 | +0.0140 | +0.0269 |
| Level | Intermediate | Intermediate | Major | - | Major | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6016 | 0.6039 | 0.6071 | 0.6094 | 0.6126 | 0.6149 | 0.6181 |
| Camarilla | 0.6088 | 0.6093 | 0.6098 | 0.6103 | 0.6108 | 0.6113 | 0.6118 |
| Woodie | 0.6021 | 0.6041 | 0.6076 | 0.6096 | 0.6131 | 0.6151 | 0.6186 |
| Fibonacci | 0.6039 | 0.6060 | 0.6073 | 0.6094 | 0.6115 | 0.6128 | 0.6149 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5890 | 0.5989 | 0.6051 | 0.6150 | 0.6212 | 0.6311 | 0.6373 |
| Camarilla | 0.6069 | 0.6084 | 0.6098 | 0.6113 | 0.6128 | 0.6143 | 0.6157 |
| Woodie | 0.5872 | 0.5980 | 0.6033 | 0.6141 | 0.6194 | 0.6302 | 0.6355 |
| Fibonacci | 0.5989 | 0.6051 | 0.6089 | 0.6150 | 0.6212 | 0.6250 | 0.6311 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5857 | 0.5971 | 0.6143 | 0.6257 | 0.6429 | 0.6543 | 0.6715 |
| Camarilla | 0.6237 | 0.6264 | 0.6290 | 0.6316 | 0.6342 | 0.6368 | 0.6395 |
| Woodie | 0.5887 | 0.5986 | 0.6173 | 0.6272 | 0.6459 | 0.6558 | 0.6745 |
| Fibonacci | 0.5971 | 0.6080 | 0.6147 | 0.6257 | 0.6366 | 0.6433 | 0.6543 |
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): | 68.55 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 21.0941 | |
| AROON (14): | 42.8571 | |
| DEMA (21): | 0.6140 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6127 | |
| Elder Ray (13): | 0.0009 | |
| Super Trend (3,10): | 0.6124 | |
| Zig ZAG (10): | 0.6141 | |
| VORTEX (21): | 1.1270 | |
| Stochastique (14,3,5): | 72.64 | |
| TEMA (21): | 0.6139 | |
| Williams %R (14): | -36.36 | |
| Chande Momentum Oscillator (20): | 0.0010 | |
| Repulse (5,40,3): | -0.0011 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0142 | |
| Courbe Coppock: | 0.14 |
| MA7: | 0.6116 | |
| MA20: | 0.6209 | |
| MA50: | 0.6168 | |
| MA100: | 0.6039 | |
| MAexp7: | 0.6138 | |
| MAexp20: | 0.6131 | |
| MAexp50: | 0.6120 | |
| MAexp100: | 0.6110 | |
| Price / MA7: | +0.47% | |
| Price / MA20: | -1.03% | |
| Price / MA50: | -0.37% | |
| Price / MA100: | +1.76% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | +0.41% | |
| Price / MAexp100: | +0.57% |
Quotes :
-
Real time data
-
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: 24/01/2024 - NZDUSD continues to trade sideways
-
Technical Analysis: 17/01/2024 - NZDUSD plummets below 50-day SMA
-
Technical Analysis: 13/12/2023 - NZDUSD corrects lower but 200-day SMA curbs retreat
-
Technical Analysis: 29/11/2023 - NZDUSD surges to fresh almost 4-month peak
-
Technical Analysis: 22/11/2023 - Is it time for a correction in NZDUSD?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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 NZD/USD - 15 min.