NZD/USD - 15 min. - Technical analysis published on 08/12/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 0.6546 USD
My targets
0.6586 USD (+0.0007)
0.6609 USD (+0.0030)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.6546 USD remains possible. It is advisable to trade NZD/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.6546 USD. The next bullish objective for buyers is set at 0.6586 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6609 USD. If there is any crossing, the next objective would be the resistance located at 0.6649 USD. PS: if there is a bearish break in the support located at 0.6546 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.2
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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 0.6579 USD. The price has increased by +0.17% since the last closing with the lowest point at 0.6524 USD and the highest point at 0.6600 USD. The deviation from the price is +0.84% for the low point and -0.32% for the high point.0.6524
0.6600
0.6579
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 bullish. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
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
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of triangle is broken
Type : Bullish
Timeframe : 15 minutes
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6139 | 0.6243 | 0.6437 | 0.6579 | 0.6589 | 0.6614 | 0.6627 |
| Change (%) | -6.69% | -5.11% | -2.16% | - | +0.15% | +0.53% | +0.73% |
| Change | -0.0440 | -0.0336 | -0.0142 | - | +0.0010 | +0.0035 | +0.0048 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | 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 | 0.6483 | 0.6523 | 0.6546 | 0.6586 | 0.6609 | 0.6649 | 0.6672 |
| Camarilla | 0.6551 | 0.6556 | 0.6562 | 0.6568 | 0.6574 | 0.6580 | 0.6585 |
| Woodie | 0.6474 | 0.6519 | 0.6537 | 0.6582 | 0.6600 | 0.6645 | 0.6663 |
| Fibonacci | 0.6523 | 0.6547 | 0.6562 | 0.6586 | 0.6610 | 0.6625 | 0.6649 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 52.16 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -1.5726 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 0.6584 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6572 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 0.6568 | |
| Zig ZAG (10): | 0.6581 | |
| VORTEX (21): | 0.9810 | |
| Stochastique (14,3,5): | 51.30 | |
| TEMA (21): | 0.6580 | |
| Williams %R (14): | -72.22 | |
| Chande Momentum Oscillator (20): | -0.0009 | |
| Repulse (5,40,3): | -0.0299 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0057 | |
| Courbe Coppock: | 0.23 |
| MA7: | 0.6616 | |
| MA20: | 0.6626 | |
| MA50: | 0.6546 | |
| MA100: | 0.6305 | |
| MAexp7: | 0.6580 | |
| MAexp20: | 0.6581 | |
| MAexp50: | 0.6575 | |
| MAexp100: | 0.6573 | |
| Price / MA7: | -0.56% | |
| Price / MA20: | -0.71% | |
| Price / MA50: | +0.50% | |
| Price / MA100: | +4.35% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.09% |
Quotes :
2020-08-12 21:14:31
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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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