NZD/USD - 15 min. - Technical analysis published on 08/09/2020 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 0.6644 USD
My targets
0.6581 USD (-0.0019)
0.6575 USD (-0.0025)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NZD/USD as long as the price remains well below 0.6644 USD. The next bearish objective for sellers is set at 0.6581 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6575 USD. If there is any crossing, the next objective would be the support located at 0.6536 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3.6
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This analysis was given by RaviM. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/USD price is 0.6600 USD. The price is lower by -1.24% since the last closing and was traded between 0.6589 USD and 0.6691 USD over the period. The price is currently at +0.17% from its lowest and -1.36% from its highest.0.6589
0.6691
0.6600
Here is a more detailed summary of the historical variations registered by NZD/USD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of NZD/USD indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.6536 | 0.6575 | 0.6589 | 0.6600 | 0.6605 | 0.6629 | 0.6674 |
| Change (%) | -0.97% | -0.38% | -0.17% | - | +0.08% | +0.44% | +1.12% |
| Change | -0.0064 | -0.0025 | -0.0011 | - | +0.0005 | +0.0029 | +0.0074 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6581 | 0.6604 | 0.6644 | 0.6667 | 0.6707 | 0.6730 | 0.6770 |
| Camarilla | 0.6666 | 0.6672 | 0.6677 | 0.6683 | 0.6689 | 0.6695 | 0.6700 |
| Woodie | 0.6589 | 0.6608 | 0.6652 | 0.6671 | 0.6715 | 0.6734 | 0.6778 |
| Fibonacci | 0.6604 | 0.6628 | 0.6643 | 0.6667 | 0.6691 | 0.6706 | 0.6730 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6499 | 0.6559 | 0.6595 | 0.6655 | 0.6691 | 0.6751 | 0.6787 |
| Camarilla | 0.6604 | 0.6612 | 0.6621 | 0.6630 | 0.6639 | 0.6648 | 0.6656 |
| Woodie | 0.6486 | 0.6553 | 0.6582 | 0.6649 | 0.6678 | 0.6745 | 0.6774 |
| Fibonacci | 0.6559 | 0.6596 | 0.6619 | 0.6655 | 0.6692 | 0.6715 | 0.6751 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6199 | 0.6319 | 0.6475 | 0.6595 | 0.6751 | 0.6871 | 0.7027 |
| Camarilla | 0.6554 | 0.6579 | 0.6605 | 0.6630 | 0.6655 | 0.6681 | 0.6706 |
| Woodie | 0.6216 | 0.6328 | 0.6492 | 0.6604 | 0.6768 | 0.6880 | 0.7044 |
| Fibonacci | 0.6319 | 0.6425 | 0.6490 | 0.6595 | 0.6701 | 0.6766 | 0.6871 |
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): | 38.45 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -9.0631 | |
| AROON (14): | 71.4286 | |
| DEMA (21): | 0.6594 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6594 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 0.6614 | |
| Zig ZAG (10): | 0.6600 | |
| VORTEX (21): | 0.8491 | |
| Stochastique (14,3,5): | 66.11 | |
| TEMA (21): | 0.6597 | |
| Williams %R (14): | -33.33 | |
| Chande Momentum Oscillator (20): | 0.0004 | |
| Repulse (5,40,3): | -0.0106 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0176 | |
| Courbe Coppock: | 0.03 |
| MA7: | 0.6645 | |
| MA20: | 0.6621 | |
| MA50: | 0.6533 | |
| MA100: | 0.6281 | |
| MAexp7: | 0.6600 | |
| MAexp20: | 0.6603 | |
| MAexp50: | 0.6618 | |
| MAexp100: | 0.6634 | |
| Price / MA7: | -0.68% | |
| Price / MA20: | -0.32% | |
| Price / MA50: | +1.03% | |
| Price / MA100: | +5.08% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.27% | |
| Price / MAexp100: | -0.51% |
Quotes :
2020-08-07 20:59:59
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Real time data
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Forex
News
Don"t forget to follow the news on NZD/USD. At the time of publication of this analysis, the latest news was as follows:
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NZD/USD Forecast December 26, 2019
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How to Identify NZDUSD and DAX 30 Price Trends with Trader Sentiment
This member declared not having a position on this financial instrument or a related financial instrument.
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