NZD/JPY - 1H - Technical analysis published on 10/06/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bullish
Technical indicators
22%
39%
39%
My opinion
Bearish under 70.26 JPY
My targets
69.89 JPY (-0.19)
69.54 JPY (-0.54)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for NZD/JPY as long as the price remains well below 70.26 JPY. The next bearish objective for sellers is set at 69.89 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 69.54 JPY. In case of crossing, the next objective would be the support located at 69.11 JPY. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 69.89 JPY. With this support, against the trend traders who want to buy NZD/JPY on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
0.9
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This analysis was given by pyxis2025. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/JPY rating is 70.08 JPY. The price is lower by -0.36% since the last closing and was traded between 69.97 JPY and 70.36 JPY over the period. The price is currently at +0.16% from its lowest and -0.40% from its highest.69.97
70.36
70.08
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NZD/JPY in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 69.11 | 69.54 | 69.89 | 70.08 | 70.09 | 70.26 | 71.32 |
| Change (%) | -1.38% | -0.77% | -0.27% | - | +0.01% | +0.26% | +1.77% |
| Change | -0.97 | -0.54 | -0.19 | - | +0.01 | +0.18 | +1.24 |
| Level | Intermediate | Minor | Minor | - | 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 | 69.49 | 69.67 | 70.00 | 70.18 | 70.51 | 70.69 | 71.02 |
| Camarilla | 70.19 | 70.24 | 70.28 | 70.33 | 70.38 | 70.42 | 70.47 |
| Woodie | 69.57 | 69.71 | 70.08 | 70.22 | 70.59 | 70.73 | 71.10 |
| Fibonacci | 69.67 | 69.87 | 69.99 | 70.18 | 70.38 | 70.50 | 70.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 67.73 | 68.31 | 69.10 | 69.68 | 70.47 | 71.05 | 71.84 |
| Camarilla | 69.51 | 69.64 | 69.76 | 69.89 | 70.02 | 70.14 | 70.27 |
| Woodie | 67.84 | 68.36 | 69.21 | 69.73 | 70.58 | 71.10 | 71.95 |
| Fibonacci | 68.31 | 68.83 | 69.16 | 69.68 | 70.20 | 70.53 | 71.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64.96 | 66.80 | 68.31 | 70.15 | 71.66 | 73.50 | 75.01 |
| Camarilla | 68.91 | 69.22 | 69.52 | 69.83 | 70.14 | 70.44 | 70.75 |
| Woodie | 64.81 | 66.72 | 68.16 | 70.07 | 71.51 | 73.42 | 74.86 |
| Fibonacci | 66.80 | 68.08 | 68.87 | 70.15 | 71.43 | 72.22 | 73.50 |
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): | 41.68 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -4.90 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 70.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 70.00 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 69.94 | |
| Zig ZAG (10): | 70.13 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 56.43 | |
| TEMA (21): | 70.19 | |
| Williams %R (14): | -57.89 | |
| Chande Momentum Oscillator (20): | -0.13 | |
| Repulse (5,40,3): | -0.1600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.21 |
| MA7: | 69.91 | |
| MA20: | 70.09 | |
| MA50: | 70.18 | |
| MA100: | 69.73 | |
| MAexp7: | 70.19 | |
| MAexp20: | 70.18 | |
| MAexp50: | 70.13 | |
| MAexp100: | 70.01 | |
| Price / MA7: | +0.24% | |
| Price / MA20: | -0.01% | |
| Price / MA50: | -0.14% | |
| Price / MA100: | +0.50% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | +0.10% |
Quotes :
2020-10-06 16:34:21
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Real time data
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Forex
News
Don"t forget to follow the news on NZD/JPY. At the time of publication of this analysis, the latest news was as follows:
-
NZD/JPY Can Take Advantage of, But Not Dependent on Risk Appetite (Quick Takes Video)
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Technica Focus: Big Confluence in NZD/JPY
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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.
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