EUR/NZD - 15 min. - Technical analysis published on 12/28/2020 (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
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.7172 NZD
My targets
1.7235 NZD (+0.0035)
1.7276 NZD (+0.0076)
My analysis
EUR/NZD 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 1.7172 NZD. The next resistance located at 1.7235 NZD 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 1.7276 NZD. After this resistance, buyers could then target 1.7339 NZD. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/NZD price is 1.7200 NZD. The price registered an increase of +0.41% on the session and was traded between 1.7121 NZD and 1.7208 NZD over the period. The price is currently at +0.46% from its lowest and -0.05% from its highest.1.7121
1.7208
1.7200
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of EUR/NZD in 15 min. shows a strongly overall bullish trend. 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.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance 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 | 1.7125 | 1.7154 | 1.7197 | 1.7200 | 1.7304 | 1.7348 | 1.7515 |
| Change (%) | -0.44% | -0.27% | -0.02% | - | +0.60% | +0.86% | +1.83% |
| Change | -0.0075 | -0.0046 | -0.0003 | - | +0.0104 | +0.0148 | +0.0315 |
| Level | Minor | Minor | Major | - | Minor | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7027 | 1.7068 | 1.7131 | 1.7172 | 1.7235 | 1.7276 | 1.7339 |
| Camarilla | 1.7164 | 1.7174 | 1.7184 | 1.7193 | 1.7203 | 1.7212 | 1.7222 |
| Woodie | 1.7037 | 1.7074 | 1.7141 | 1.7178 | 1.7245 | 1.7282 | 1.7349 |
| Fibonacci | 1.7068 | 1.7108 | 1.7133 | 1.7172 | 1.7212 | 1.7237 | 1.7276 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6847 | 1.6978 | 1.7086 | 1.7217 | 1.7325 | 1.7456 | 1.7564 |
| Camarilla | 1.7127 | 1.7149 | 1.7171 | 1.7193 | 1.7215 | 1.7237 | 1.7259 |
| Woodie | 1.6835 | 1.6972 | 1.7074 | 1.7211 | 1.7313 | 1.7450 | 1.7552 |
| Fibonacci | 1.6978 | 1.7070 | 1.7126 | 1.7217 | 1.7309 | 1.7365 | 1.7456 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6033 | 1.6490 | 1.6749 | 1.7206 | 1.7465 | 1.7922 | 1.8181 |
| Camarilla | 1.6811 | 1.6877 | 1.6942 | 1.7008 | 1.7074 | 1.7139 | 1.7205 |
| Woodie | 1.5934 | 1.6441 | 1.6650 | 1.7157 | 1.7366 | 1.7873 | 1.8082 |
| Fibonacci | 1.6490 | 1.6764 | 1.6933 | 1.7206 | 1.7480 | 1.7649 | 1.7922 |
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): | 69.41 | |
| MACD (12,26,9): | 0.0011 | |
| Directional Movement: | 19.6401 | |
| AROON (14): | 71.4286 | |
| DEMA (21): | 1.7194 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.7170 | |
| Elder Ray (13): | 0.0014 | |
| Super Trend (3,10): | 1.7164 | |
| Zig ZAG (10): | 1.7201 | |
| VORTEX (21): | 1.0968 | |
| Stochastique (14,3,5): | 79.55 | |
| TEMA (21): | 1.7191 | |
| Williams %R (14): | -18.18 | |
| Chande Momentum Oscillator (20): | 0.0023 | |
| Repulse (5,40,3): | 0.0527 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0072 | |
| Courbe Coppock: | 0.23 |
| MA7: | 1.7200 | |
| MA20: | 1.7165 | |
| MA50: | 1.7307 | |
| MA100: | 1.7547 | |
| MAexp7: | 1.7186 | |
| MAexp20: | 1.7178 | |
| MAexp50: | 1.7164 | |
| MAexp100: | 1.7155 | |
| Price / MA7: | -0% | |
| Price / MA20: | +0.20% | |
| Price / MA50: | -0.62% | |
| Price / MA100: | -1.98% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.26% |
Quotes :
2020-12-28 15:33:02
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Real time data
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Forex
News
Don"t forget to follow the news on EUR/NZD. At the time of publication of this analysis, the latest news was as follows:
iFOREX Market Headlines 14-03-2017: USD, EUR/NZD and Alibaba.This member declared not having a position on this financial instrument or a related financial instrument.
About author
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