EUR/NZD
EUR NZD
- NZD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURNZD
ISIN:

EUR/NZD - 15 min. - Technical analysis published on 10/28/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 1.8090 NZD
My targets
1.8024 NZD (-0.0026)
1.7984 NZD (-0.0066)
My analysis
In the short term, we can see an acceleration in the bearish trend on EUR/NZD, which is a positive signal for sellers. As long as the price remains above 1.8090 NZD, a sale could be considered. The first bearish objective is located at 1.8024 NZD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.7984 NZD as an objective. Crossing it would then enable sellers to target 1.7958 NZD. If the price were to return above 1.8090 NZD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.9

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:
1H Daily Weekly

Additional analysis

Quotes

The EUR/NZD rating is 1.8050 NZD. The price is lower by -0.08% since the last closing with the lowest point at 1.8021 NZD and the highest point at 1.8113 NZD. The deviation from the price is +0.16% for the low point and -0.35% for the high point.

1.8021
1.8113
1.8050

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of EUR/NZD indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 15 minutes


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 15 minutes


Support of channel is broken

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


S3S2S1PriceR1R2R3
ProTrendLines 1.7962 1.8009 1.8031 1.8050 1.8074 1.8147 1.8358
Change (%) -0.49% -0.23% -0.11% - +0.13% +0.54% +1.71%
Change -0.0088 -0.0041 -0.0019 - +0.0024 +0.0097 +0.0308
Level Intermediate Minor Intermediate - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.79581.79841.80241.80501.80901.81161.8156
Camarilla1.80471.80531.80591.80651.80711.80771.8083
Woodie1.79661.79881.80321.80541.80981.81201.8164
Fibonacci1.79841.80091.80251.80501.80751.80911.8116


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.76701.77531.79091.79921.81481.82311.8387
Camarilla1.79991.80211.80431.80651.80871.81091.8131
Woodie1.77071.77711.79461.80101.81851.82491.8424
Fibonacci1.77531.78441.79011.79921.80831.81401.8231


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.68101.71491.73511.76901.78921.82311.8433
Camarilla1.74031.74531.75021.75521.76021.76511.7701
Woodie1.67411.71151.72821.76561.78231.81971.8364
Fibonacci1.71491.73561.74841.76901.78971.80251.8231

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): 27.11
MACD (12,26,9): -0.0008
Directional Movement: -13.2987
AROON (14): -92.8571
DEMA (21): 1.8063
Parabolic SAR (0,02-0,02-0,2): 1.8071
Elder Ray (13): -0.0012
Super Trend (3,10): 1.8083
Zig ZAG (10): 1.8052
VORTEX (21): 0.7614
Stochastique (14,3,5): 4.14
TEMA (21): 1.8054
Williams %R (14): -97.78
Chande Momentum Oscillator (20): -0.0030
Repulse (5,40,3): -0.0787
ROCnROLL: 2
TRIX (15,9): -0.0039
Courbe Coppock: 0.38
MA7: 1.7972
MA20: 1.7899
MA50: 1.7878
MA100: 1.7898
MAexp7: 1.8060
MAexp20: 1.8072
MAexp50: 1.8076
MAexp100: 1.8065
Price / MA7: +0.43%
Price / MA20: +0.84%
Price / MA50: +0.96%
Price / MA100: +0.85%
Price / MAexp7: -0.06%
Price / MAexp20: -0.12%
Price / MAexp50: -0.14%
Price / MAexp100: -0.08%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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