EUR/NZD - 15 min. - Technical analysis published on 03/06/2023 (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 bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.7124 NZD
My targets
1.7223 NZD (+0.0040)
1.7290 NZD (+0.0107)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/NZD as long as the price remains well above 1.7124 NZD. The buyers' bullish objective is set at 1.7223 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.7290 NZD. If there is any crossing, the next objective would be the resistance located at 1.7519 NZD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.9
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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 EUR/NZD rating is 1.7183 NZD. The price has increased by +0.59% since the last closing and was traded between 1.7067 NZD and 1.7204 NZD over the period. The price is currently at +0.68% from its lowest and -0.12% from its highest.1.7067
1.7204
1.7183
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/NZD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this EUR/NZD chart shows a strongly 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
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 | 1.7064 | 1.7110 | 1.7140 | 1.7183 | 1.7213 | 1.7290 | 1.7519 |
| Change (%) | -0.69% | -0.42% | -0.25% | - | +0.17% | +0.62% | +1.96% |
| Change | -0.0119 | -0.0073 | -0.0043 | - | +0.0030 | +0.0107 | +0.0336 |
| Level | Minor | Major | Minor | - | Intermediate | 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 | 1.6926 | 1.6968 | 1.7025 | 1.7067 | 1.7124 | 1.7166 | 1.7223 |
| Camarilla | 1.7055 | 1.7064 | 1.7073 | 1.7082 | 1.7091 | 1.7100 | 1.7109 |
| Woodie | 1.6934 | 1.6972 | 1.7033 | 1.7071 | 1.7132 | 1.7170 | 1.7231 |
| Fibonacci | 1.6968 | 1.7006 | 1.7029 | 1.7067 | 1.7105 | 1.7128 | 1.7166 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6671 | 1.6837 | 1.6959 | 1.7125 | 1.7247 | 1.7413 | 1.7535 |
| Camarilla | 1.7003 | 1.7029 | 1.7056 | 1.7082 | 1.7108 | 1.7135 | 1.7161 |
| Woodie | 1.6650 | 1.6826 | 1.6938 | 1.7114 | 1.7226 | 1.7402 | 1.7514 |
| Fibonacci | 1.6837 | 1.6947 | 1.7015 | 1.7125 | 1.7235 | 1.7303 | 1.7413 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6273 | 1.6515 | 1.6806 | 1.7048 | 1.7339 | 1.7581 | 1.7872 |
| Camarilla | 1.6950 | 1.6999 | 1.7048 | 1.7097 | 1.7146 | 1.7195 | 1.7244 |
| Woodie | 1.6298 | 1.6527 | 1.6831 | 1.7060 | 1.7364 | 1.7593 | 1.7897 |
| Fibonacci | 1.6515 | 1.6719 | 1.6844 | 1.7048 | 1.7252 | 1.7377 | 1.7581 |
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): | 80.36 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | 37.2828 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 1.7157 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.7127 | |
| Elder Ray (13): | 0.0040 | |
| Super Trend (3,10): | 1.7147 | |
| Zig ZAG (10): | 1.7195 | |
| VORTEX (21): | 1.2960 | |
| Stochastique (14,3,5): | 88.24 | |
| TEMA (21): | 1.7161 | |
| Williams %R (14): | -16.46 | |
| Chande Momentum Oscillator (20): | 0.0057 | |
| Repulse (5,40,3): | 0.3023 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0077 | |
| Courbe Coppock: | 0.29 |
| MA7: | 1.7113 | |
| MA20: | 1.7048 | |
| MA50: | 1.6937 | |
| MA100: | 1.6885 | |
| MAexp7: | 1.7157 | |
| MAexp20: | 1.7139 | |
| MAexp50: | 1.7120 | |
| MAexp100: | 1.7102 | |
| Price / MA7: | +0.41% | |
| Price / MA20: | +0.79% | |
| Price / MA50: | +1.45% | |
| Price / MA100: | +1.76% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +0.26% | |
| Price / MAexp50: | +0.37% | |
| Price / MAexp100: | +0.47% |
Quotes :
-
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.
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