NZD/JPY - 15 min. - Technical analysis published on 10/18/2023 (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
Short term:
Bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 88.59 JPY
My targets
88.15 JPY (-0.03)
87.83 JPY (-0.35)
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 88.59 JPY. The next bearish objective for sellers is set at 88.15 JPY. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 87.83 JPY. If there is any crossing, the next objective would be the support located at 87.39 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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Additional analysis
Quotes
The NZD/JPY rating is 88.18 JPY. On the day, this instrument lost -0.11% and was between 88.06 JPY and 88.59 JPY. This implies that the price is at +0.14% from its lowest and at -0.46% from its highest.88.06
88.59
88.18
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 bearish. The signals given by moving averages are at 64.29% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
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:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
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 | 87.14 | 87.70 | 87.98 | 88.18 | 88.21 | 88.48 | 88.69 |
| Change (%) | -1.18% | -0.54% | -0.23% | - | +0.03% | +0.34% | +0.58% |
| Change | -1.04 | -0.48 | -0.20 | - | +0.03 | +0.30 | +0.51 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.07 | 87.39 | 87.83 | 88.15 | 88.59 | 88.91 | 89.35 |
| Camarilla | 88.07 | 88.14 | 88.21 | 88.28 | 88.35 | 88.42 | 88.49 |
| Woodie | 87.14 | 87.42 | 87.90 | 88.18 | 88.66 | 88.94 | 89.42 |
| Fibonacci | 87.39 | 87.68 | 87.86 | 88.15 | 88.44 | 88.62 | 88.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.41 | 86.70 | 87.36 | 88.65 | 89.31 | 90.60 | 91.26 |
| Camarilla | 87.49 | 87.67 | 87.85 | 88.03 | 88.21 | 88.39 | 88.57 |
| Woodie | 85.11 | 86.54 | 87.06 | 88.49 | 89.01 | 90.44 | 90.96 |
| Fibonacci | 86.70 | 87.44 | 87.90 | 88.65 | 89.39 | 89.85 | 90.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.28 | 84.78 | 87.19 | 88.69 | 91.10 | 92.60 | 95.01 |
| Camarilla | 88.52 | 88.87 | 89.23 | 89.59 | 89.95 | 90.31 | 90.67 |
| Woodie | 83.73 | 85.01 | 87.64 | 88.92 | 91.55 | 92.83 | 95.46 |
| Fibonacci | 84.78 | 86.28 | 87.20 | 88.69 | 90.19 | 91.11 | 92.60 |
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): | 42.01 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -15.48 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 88.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 88.29 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 88.45 | |
| Zig ZAG (10): | 88.27 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 26.14 | |
| TEMA (21): | 88.20 | |
| Williams %R (14): | -61.29 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.46 |
| MA7: | 88.70 | |
| MA20: | 88.72 | |
| MA50: | 87.61 | |
| MA100: | 87.42 | |
| MAexp7: | 88.24 | |
| MAexp20: | 88.31 | |
| MAexp50: | 88.33 | |
| MAexp100: | 88.33 | |
| Price / MA7: | -0.59% | |
| Price / MA20: | -0.61% | |
| Price / MA50: | +0.65% | |
| Price / MA100: | +0.87% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.17% | |
| Price / MAexp100: | -0.17% |
Quotes :
-
Real time data
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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)
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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.
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