NZD/USD - 15 min. - Technical analysis published on 08/10/2020 (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
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
17%
50%
My opinion
Bearish under 0.6611 USD
My targets
0.6589 USD (-0.0011)
0.6579 USD (-0.0021)
My analysis
NZD/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.6611 USD. The next support located at 0.6589 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.6579 USD. Below this support, sellers could then target 0.6567 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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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 registered an increase of +0.02% on the session and was between 0.6596 USD and 0.6608 USD. This implies that the price is at +0.06% from its lowest and at -0.12% from its highest.0.6596
0.6608
0.6600
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NZD/USD in 15 min. shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 9 are neutral and 3 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
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 | 0.6567 | 0.6579 | 0.6589 | 0.6601 | 0.6611 | 0.6623 | 0.6633 |
Camarilla | 0.6593 | 0.6595 | 0.6597 | 0.6599 | 0.6601 | 0.6603 | 0.6605 |
Woodie | 0.6566 | 0.6579 | 0.6588 | 0.6601 | 0.6610 | 0.6623 | 0.6632 |
Fibonacci | 0.6579 | 0.6587 | 0.6593 | 0.6601 | 0.6609 | 0.6615 | 0.6623 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6437 | 0.6506 | 0.6553 | 0.6622 | 0.6669 | 0.6738 | 0.6785 |
Camarilla | 0.6568 | 0.6579 | 0.6589 | 0.6600 | 0.6611 | 0.6621 | 0.6632 |
Woodie | 0.6426 | 0.6501 | 0.6542 | 0.6617 | 0.6658 | 0.6733 | 0.6774 |
Fibonacci | 0.6506 | 0.6550 | 0.6578 | 0.6622 | 0.6666 | 0.6694 | 0.6738 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 44.58 | |
MACD (12,26,9): | -0.0001 | |
Directional Movement: | -2.1949 | |
AROON (14): | -28.5714 | |
DEMA (21): | 0.6599 | |
Parabolic SAR (0,02-0,02-0,2): | 0.6592 | |
Elder Ray (13): | -0.0001 | |
Super Trend (3,10): | 0.6610 | |
Zig ZAG (10): | 0.6599 | |
VORTEX (21): | 0.9160 | |
Stochastique (14,3,5): | 54.47 | |
TEMA (21): | 0.6601 | |
Williams %R (14): | -64.71 | |
Chande Momentum Oscillator (20): | 0.0002 | |
Repulse (5,40,3): | -0.0576 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0032 | |
Courbe Coppock: | 0.11 |
MA7: | 0.6627 | |
MA20: | 0.6627 | |
MA50: | 0.6543 | |
MA100: | 0.6298 | |
MAexp7: | 0.6601 | |
MAexp20: | 0.6601 | |
MAexp50: | 0.6609 | |
MAexp100: | 0.6623 | |
Price / MA7: | -0.41% | |
Price / MA20: | -0.41% | |
Price / MA50: | +0.87% | |
Price / MA100: | +4.80% | |
Price / MAexp7: | -0.02% | |
Price / MAexp20: | -0.02% | |
Price / MAexp50: | -0.14% | |
Price / MAexp100: | -0.35% |
Quotes :
2020-08-10 01:33:01
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Real time data
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Forex
News
The latest news and videos published on NZD/USD at the time of the analysis were as follows:
- S&P 500 Can't Extend a Bullish Gap, Dollar Drop Cues USDCAD, NZDUSD Breaks
- New Zealand Dollar Analysis: NZDUSD Yawns at CPI Data, Breakdown Risk Remains (Webinar Archive)
- NZD/USD Forecast December 26, 2019
- RBNZ Rate Hold Coverage, NZD/USD Technical Analysis With Daniel Dubrovsky
- 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.
About author
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…
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