NZD/JPY - 15 min. - Technical analysis published on 11/02/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 88.20 JPY
My targets
88.86 JPY (+0.20)
89.18 JPY (+0.52)
My analysis
The basic bullish trend is very strong on NZD/JPY but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 88.20 JPY. Crossing the first resistance at 88.86 JPY would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 89.18 JPY as an objective. Crossing it would then enable buyers to target 89.84 JPY. Caution, a return to below 88.20 JPY would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.1
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This analysis was given by hannahfreeman. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/JPY rating is 88.66 JPY. The price registered an increase of +0.15% on the session and was traded between 88.35 JPY and 88.85 JPY over the period. The price is currently at +0.35% from its lowest and -0.21% from its highest.88.35
88.85
88.66
A study of price movements over other periods shows the following variations:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/JPY in 15 min. shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
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.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 87.68 | 87.96 | 88.48 | 88.66 | 89.56 | 93.84 |
| Change (%) | -1.11% | -0.79% | -0.20% | - | +1.02% | +5.84% |
| Change | -0.98 | -0.70 | -0.18 | - | +0.90 | +5.18 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Major |
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 | 86.90 | 87.22 | 87.88 | 88.20 | 88.86 | 89.18 | 89.84 |
| Camarilla | 88.26 | 88.35 | 88.44 | 88.53 | 88.62 | 88.71 | 88.80 |
| Woodie | 87.06 | 87.31 | 88.04 | 88.29 | 89.02 | 89.27 | 90.00 |
| Fibonacci | 87.22 | 87.60 | 87.83 | 88.20 | 88.58 | 88.81 | 89.18 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.31 | 86.04 | 86.49 | 87.22 | 87.67 | 88.40 | 88.85 |
| Camarilla | 86.61 | 86.71 | 86.82 | 86.93 | 87.04 | 87.15 | 87.26 |
| Woodie | 85.16 | 85.97 | 86.34 | 87.15 | 87.52 | 88.33 | 88.70 |
| Fibonacci | 86.04 | 86.49 | 86.77 | 87.22 | 87.67 | 87.95 | 88.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.31 | 85.05 | 86.46 | 88.20 | 89.61 | 91.35 | 92.76 |
| Camarilla | 87.01 | 87.30 | 87.59 | 87.88 | 88.17 | 88.46 | 88.75 |
| Woodie | 83.16 | 84.97 | 86.31 | 88.12 | 89.46 | 91.27 | 92.61 |
| Fibonacci | 85.05 | 86.25 | 86.99 | 88.20 | 89.40 | 90.14 | 91.35 |
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): | 50.13 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | -2.19 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 88.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 88.85 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 88.55 | |
| Zig ZAG (10): | 88.59 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 32.24 | |
| TEMA (21): | 88.70 | |
| Williams %R (14): | -82.76 | |
| Chande Momentum Oscillator (20): | -0.13 | |
| Repulse (5,40,3): | -0.1200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.23 |
| MA7: | 87.66 | |
| MA20: | 88.15 | |
| MA50: | 87.82 | |
| MA100: | 87.66 | |
| MAexp7: | 88.67 | |
| MAexp20: | 88.65 | |
| MAexp50: | 88.56 | |
| MAexp100: | 88.41 | |
| Price / MA7: | +1.14% | |
| Price / MA20: | +0.58% | |
| Price / MA50: | +0.96% | |
| Price / MA100: | +1.14% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.28% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on NZD/JPY at the time of the analysis were as follows:
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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.
About author
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