NZD/JPY
NZD JPY
- JPY (-)
- Real time data - Forex
Open: -
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Type: Forex
Ticker: NZDJPY
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NZD/JPY - 1H - Technical analysis published on 12/31/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 73.87 JPY
My targets
74.47 JPY (+0.17)
75.20 JPY (+0.90)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NZD/JPY. As long as you are above the support located at 73.87 JPY, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 74.47 JPY would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 75.20 JPY as an objective. Crossing it would then enable buyers to target 76.47 JPY. If the support 73.87 JPY were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.1

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NZD/JPY rating is 74.30 JPY. On the day, this instrument lost -0.13% and was traded between 74.24 JPY and 74.63 JPY over the period. The price is currently at +0.08% from its lowest and -0.44% from its highest.

74.24
74.63
74.30

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



Here is a more detailed summary of the historical variations registered by NZD/JPY:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NZD/JPY in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 6 are bullish, 9 are neutral and 3 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Resistance of triangle is broken

Type : Bullish

Timeframe : 1 hour


Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 73.17 73.35 73.87 74.30 74.47 76.47 78.68
Change (%) -1.52% -1.28% -0.58% - +0.23% +2.92% +5.90%
Change -1.13 -0.95 -0.43 - +0.17 +2.17 +4.38
Level Minor Major Intermediate - Minor Intermediate Intermediate



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
Standard73.6273.8174.1074.2974.5874.7775.06
Camarilla74.2774.3174.3674.4074.4474.4974.53
Woodie73.6873.8474.1674.3274.6474.8075.12
Fibonacci73.8173.9974.1074.2974.4774.5874.77


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard71.9372.3273.0273.4174.1174.5075.20
Camarilla73.4173.5173.6173.7173.8173.9174.01
Woodie72.0872.4073.1773.4974.2674.5875.35
Fibonacci72.3272.7473.0073.4173.8374.0974.50


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard65.7667.3570.2871.8774.8076.3979.32
Camarilla71.9772.3872.8073.2173.6274.0474.45
Woodie66.4367.6970.9572.2175.4776.7379.99
Fibonacci67.3569.0870.1471.8773.6074.6676.39

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): 55.55
MACD (12,26,9): 0.0700
Directional Movement: 1.59
AROON (14): 14.29
DEMA (21): 74.56
Parabolic SAR (0,02-0,02-0,2): 74.36
Elder Ray (13): 0.02
Super Trend (3,10): 74.22
Zig ZAG (10): 74.49
VORTEX (21): 1.0300
Stochastique (14,3,5): 58.62
TEMA (21): 74.53
Williams %R (14): -51.72
Chande Momentum Oscillator (20): -0.05
Repulse (5,40,3): -0.0600
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 0.17
MA7: 73.84
MA20: 73.62
MA50: 72.30
MA100: 71.20
MAexp7: 74.50
MAexp20: 74.46
MAexp50: 74.30
MAexp100: 74.08
Price / MA7: +0.62%
Price / MA20: +0.92%
Price / MA50: +2.77%
Price / MA100: +4.35%
Price / MAexp7: -0.27%
Price / MAexp20: -0.21%
Price / MAexp50: -0%
Price / MAexp100: +0.30%

Quotes : 2020-12-31 16:30:55 - Real time data - 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:

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

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