NZD/JPY - 15 min. - Technical analysis published on 06/09/2020 (GMT)
- Who voted?
- 176
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 70.70 JPY
My targets
69.73 JPY (-0.47)
69.36 JPY (-0.84)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on NZD/JPY as long as the price remains well below 70.70 JPY. The next bearish objective for sellers is set at 69.73 JPY. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 69.36 JPY. If there is any crossing, the next objective would be the support located at 66.96 JPY. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.5
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 RaviM. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/JPY rating 70.20 JPY. The price registered a decrease of -1.39% on the session and was traded between 69.83 JPY and 71.29 JPY over the period. The price is currently at +0.53% from its lowest and -1.53% from its highest.69.83
71.29
70.20
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/JPY:
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/JPY indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 66.49 | 66.96 | 69.36 | 70.20 | 70.69 | 71.32 | 73.35 |
| Change (%) | -5.28% | -4.62% | -1.20% | - | +0.70% | +1.60% | +4.49% |
| Change | -3.71 | -3.24 | -0.84 | - | +0.49 | +1.12 | +3.15 |
| Level | Major | Major | Major | - | Intermediate | 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 | 69.73 | 70.22 | 70.70 | 71.19 | 71.67 | 72.16 | 72.64 |
| Camarilla | 70.92 | 71.01 | 71.10 | 71.19 | 71.28 | 71.37 | 71.46 |
| Woodie | 69.74 | 70.22 | 70.71 | 71.19 | 71.68 | 72.16 | 72.65 |
| Fibonacci | 70.22 | 70.59 | 70.82 | 71.19 | 71.56 | 71.79 | 72.16 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 63.00 | 64.77 | 68.04 | 69.81 | 73.08 | 74.85 | 78.12 |
| Camarilla | 69.92 | 70.39 | 70.85 | 71.31 | 71.77 | 72.23 | 72.70 |
| Woodie | 63.75 | 65.15 | 68.79 | 70.19 | 73.83 | 75.23 | 78.87 |
| Fibonacci | 64.77 | 66.70 | 67.89 | 69.81 | 71.74 | 72.93 | 74.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 60.87 | 62.16 | 64.54 | 65.83 | 68.21 | 69.50 | 71.88 |
| Camarilla | 65.90 | 66.24 | 66.57 | 66.91 | 67.25 | 67.58 | 67.92 |
| Woodie | 61.41 | 62.43 | 65.08 | 66.10 | 68.75 | 69.77 | 72.42 |
| Fibonacci | 62.16 | 63.57 | 64.43 | 65.83 | 67.24 | 68.10 | 69.50 |
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): | 48.33 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -0.98 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 70.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 70.30 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 70.01 | |
| Zig ZAG (10): | 70.21 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 31.48 | |
| TEMA (21): | 70.22 | |
| Williams %R (14): | -61.11 | |
| Chande Momentum Oscillator (20): | -0.09 | |
| Repulse (5,40,3): | 0.0300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.19 |
| MA7: | 70.04 | |
| MA20: | 67.17 | |
| MA50: | 65.76 | |
| MA100: | 66.98 | |
| MAexp7: | 70.20 | |
| MAexp20: | 70.22 | |
| MAexp50: | 70.28 | |
| MAexp100: | 70.47 | |
| Price / MA7: | +0.23% | |
| Price / MA20: | +4.51% | |
| Price / MA50: | +6.75% | |
| Price / MA100: | +4.81% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | -0.38% |
Quotes :
2020-06-09 20:53:14
-
Real time data
-
Forex
News
The last news published on NZD/JPY at the time of the generation of this analysis was as follows:
-
NZD/JPY Can Take Advantage of, But Not Dependent on Risk Appetite (Quick Takes Video)
-
Technica Focus: Big Confluence in NZD/JPY
-
Why selling the NZD/JPY could be ‘a good short-term trade’
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/JPY - 15 min.