NZD/JPY - 15 min. - Technical analysis published on 09/07/2023 (GMT)
- 83
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 86.72 JPY
My targets
86.93 JPY (+0.16)
87.13 JPY (+0.36)
My analysis
NZD/JPY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 86.72 JPY. The next resistance located at 86.93 JPY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 87.13 JPY. After this resistance, buyers could then target 87.34 JPY. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.1
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 sankar79in. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/JPY price is 86.77 JPY. The price registered an increase of +0.06% on the session and was between 86.49 JPY and 86.87 JPY. This implies that the price is at +0.32% from its lowest and at -0.12% from its highest.86.49
86.87
86.77
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/JPY:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
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 strongly bullish. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 15 minutes
In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 86.39 | 86.52 | 86.67 | 86.77 | 86.93 | 87.14 | 87.53 |
| Change (%) | -0.44% | -0.29% | -0.12% | - | +0.18% | +0.43% | +0.88% |
| Change | -0.38 | -0.25 | -0.10 | - | +0.16 | +0.37 | +0.76 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Major | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 86.11 | 86.31 | 86.52 | 86.72 | 86.93 | 87.13 | 87.34 |
| Camarilla | 86.61 | 86.65 | 86.68 | 86.72 | 86.76 | 86.80 | 86.83 |
| Woodie | 86.11 | 86.31 | 86.52 | 86.72 | 86.93 | 87.13 | 87.34 |
| Fibonacci | 86.31 | 86.47 | 86.57 | 86.72 | 86.88 | 86.98 | 87.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.21 | 85.80 | 86.36 | 86.95 | 87.51 | 88.10 | 88.66 |
| Camarilla | 86.61 | 86.72 | 86.83 | 86.93 | 87.04 | 87.14 | 87.25 |
| Woodie | 85.21 | 85.79 | 86.36 | 86.94 | 87.51 | 88.09 | 88.66 |
| Fibonacci | 85.80 | 86.24 | 86.51 | 86.95 | 87.39 | 87.66 | 88.10 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.79 | 84.29 | 85.60 | 87.10 | 88.41 | 89.91 | 91.22 |
| Camarilla | 86.14 | 86.40 | 86.65 | 86.91 | 87.17 | 87.43 | 87.68 |
| Woodie | 82.70 | 84.24 | 85.51 | 87.05 | 88.32 | 89.86 | 91.13 |
| Fibonacci | 84.29 | 85.36 | 86.03 | 87.10 | 88.17 | 88.84 | 89.91 |
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): | 53.55 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | -2.40 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 86.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 86.70 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 86.61 | |
| Zig ZAG (10): | 86.79 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 77.42 | |
| TEMA (21): | 86.81 | |
| Williams %R (14): | -35.48 | |
| Chande Momentum Oscillator (20): | 0.11 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.37 |
| MA7: | 86.87 | |
| MA20: | 86.70 | |
| MA50: | 87.26 | |
| MA100: | 86.37 | |
| MAexp7: | 86.77 | |
| MAexp20: | 86.74 | |
| MAexp50: | 86.71 | |
| MAexp100: | 86.72 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | +0.08% | |
| Price / MA50: | -0.56% | |
| Price / MA100: | +0.46% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.06% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on NZD/JPY at the time of the analysis were 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.