GBP/NZD - 15 min. - Technical analysis published on 02/25/2020 (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:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 2.0301 NZD
My targets
2.0421 NZD (+0.0012)
2.0498 NZD (+0.0089)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on GBP/NZD. This is a positive signal for buyers. As long as the price remains above 2.0301 NZD, a purchase could be considered. The first bullish objective is located at 2.0421 NZD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.0498 NZD as an objective. Crossing it would then enable buyers to target 2.0618 NZD. In the event of a return below 2.0301 NZD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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
5.2
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This analysis was given by dbranez. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/NZD rating 2.0409 NZD. On the day, this instrument gained +0.15% and was traded between 2.0352 NZD and 2.0426 NZD over the period. The price is currently at +0.28% from its lowest and -0.08% from its highest.2.0352
2.0426
2.0409
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 15 min. chart of GBP/NZD indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
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:
Resistance of triangle 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 | 2.0213 | 2.0301 | 2.0344 | 2.0409 | 2.0419 | 2.0541 | 2.1902 |
Change (%) | -0.96% | -0.53% | -0.32% | - | +0.05% | +0.65% | +7.32% |
Change | -0.0196 | -0.0108 | -0.0065 | - | +0.0010 | +0.0132 | +0.1493 |
Level | Intermediate | Intermediate | Intermediate | - | Major | Intermediate | Minor |
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 | 2.0104 | 2.0224 | 2.0301 | 2.0421 | 2.0498 | 2.0618 | 2.0695 |
Camarilla | 2.0324 | 2.0342 | 2.0360 | 2.0378 | 2.0396 | 2.0414 | 2.0432 |
Woodie | 2.0083 | 2.0213 | 2.0280 | 2.0410 | 2.0477 | 2.0607 | 2.0674 |
Fibonacci | 2.0224 | 2.0299 | 2.0346 | 2.0421 | 2.0496 | 2.0543 | 2.0618 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.7910 | 1.8627 | 1.9084 | 1.9801 | 2.0258 | 2.0975 | 2.1432 |
Camarilla | 1.9218 | 1.9326 | 1.9433 | 1.9541 | 1.9649 | 1.9756 | 1.9864 |
Woodie | 1.7780 | 1.8562 | 1.8954 | 1.9736 | 2.0128 | 2.0910 | 2.1302 |
Fibonacci | 1.8627 | 1.9076 | 1.9353 | 1.9801 | 2.0250 | 2.0527 | 2.0975 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.8611 | 1.9014 | 1.9712 | 2.0115 | 2.0813 | 2.1216 | 2.1914 |
Camarilla | 2.0107 | 2.0208 | 2.0309 | 2.0410 | 2.0511 | 2.0612 | 2.0713 |
Woodie | 1.8759 | 1.9088 | 1.9860 | 2.0189 | 2.0961 | 2.1290 | 2.2062 |
Fibonacci | 1.9014 | 1.9435 | 1.9694 | 2.0115 | 2.0536 | 2.0795 | 2.1216 |
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): | 58.92 | |
MACD (12,26,9): | 0.0009 | |
Directional Movement: | 7.1102 | |
AROON (14): | 57.1429 | |
DEMA (21): | 2.0408 | |
Parabolic SAR (0,02-0,02-0,2): | 2.0424 | |
Elder Ray (13): | 0.0004 | |
Super Trend (3,10): | 2.0379 | |
Zig ZAG (10): | 2.0406 | |
VORTEX (21): | 1.1660 | |
Stochastique (14,3,5): | 71.71 | |
TEMA (21): | 2.0415 | |
Williams %R (14): | -36.00 | |
Chande Momentum Oscillator (20): | 0.0025 | |
Repulse (5,40,3): | 0.0753 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0043 | |
Courbe Coppock: | 0.40 |
MA7: | 2.0106 | |
MA20: | 2.0158 | |
MA50: | 1.9891 | |
MA100: | 2.0008 | |
MAexp7: | 2.0410 | |
MAexp20: | 2.0398 | |
MAexp50: | 2.0393 | |
MAexp100: | 2.0400 | |
Price / MA7: | +1.51% | |
Price / MA20: | +1.25% | |
Price / MA50: | +2.60% | |
Price / MA100: | +2.00% | |
Price / MAexp7: | +0.00% | |
Price / MAexp20: | +0.05% | |
Price / MAexp50: | +0.08% | |
Price / MAexp100: | +0.04% |
News
Don"t forget to follow the news on GBP/NZD. At the time of publication of this analysis, the latest news was as follows:
- Why I'm looking to buy GBPNZD: Coleman
- Why I'm looking to buy GBPNZD: Coleman
- GBP/NZD: Pound Has Upperhand
- Forex Trading Video: GBP/NZD The Cross Roads of BoE and RBNZ, Dollar Faces Wave of Data
- Forex Strategy Video: Time Frame Matters on Entry from Themes Like Risk Trends to GBPNZD
This member declared not having a position on this financial instrument or a related financial instrument.
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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…
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