NZD/USD
NZD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
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High: -
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Type: Forex
Ticker: NZDUSD
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NZD/USD - 15 min. - Technical analysis published on 06/08/2023 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.6056 USD
My targets
0.6122 USD (+0.0028)
0.6148 USD (+0.0054)
My analysis
NZD/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.6056 USD. The next resistance located at 0.6122 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.6148 USD. After this resistance, buyers could then target 0.6261 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Ahmadjdid. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The NZD/USD price is 0.6094 USD. The price registered an increase of +0.88% on the session and was between 0.6040 USD and 0.6099 USD. This implies that the price is at +0.89% from its lowest and at -0.08% from its highest.

0.6040
0.6099
0.6094

Here is a more detailed summary of the historical variations registered by NZD/USD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of NZD/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 15 minutes



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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 15 minutes



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6046 0.6067 0.6085 0.6094 0.6105 0.6261 0.6367
Change (%) -0.79% -0.44% -0.15% - +0.18% +2.74% +4.48%
Change -0.0048 -0.0027 -0.0009 - +0.0011 +0.0167 +0.0273
Level Intermediate Intermediate Minor - Major Intermediate Minor



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
Standard0.59500.59900.60160.60560.60820.61220.6148
Camarilla0.60230.60290.60350.60410.60470.60530.6059
Woodie0.59420.59870.60080.60530.60740.61190.6140
Fibonacci0.59900.60160.60310.60560.60820.60970.6122


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.58680.59270.59940.60530.61200.61790.6246
Camarilla0.60270.60390.60510.60620.60740.60850.6097
Woodie0.58730.59290.59990.60550.61250.61810.6251
Fibonacci0.59270.59750.60050.60530.61010.61310.6179


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.54770.57310.58770.61310.62770.65310.6677
Camarilla0.59130.59500.59860.60230.60600.60960.6133
Woodie0.54230.57040.58230.61040.62230.65040.6623
Fibonacci0.57310.58840.59780.61310.62840.63780.6531

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): 72.81
MACD (12,26,9): 0.0008
Directional Movement: 23.5238
AROON (14): 100.0000
DEMA (21): 0.6093
Parabolic SAR (0,02-0,02-0,2): 0.6074
Elder Ray (13): 0.0010
Super Trend (3,10): 0.6076
Zig ZAG (10): 0.6095
VORTEX (21): 1.1709
Stochastique (14,3,5): 92.87
TEMA (21): 0.6096
Williams %R (14): -12.12
Chande Momentum Oscillator (20): 0.0014
Repulse (5,40,3): 0.0226
ROCnROLL: 1
TRIX (15,9): 0.0165
Courbe Coppock: 0.76
MA7: 0.6062
MA20: 0.6135
MA50: 0.6194
MA100: 0.6238
MAexp7: 0.6091
MAexp20: 0.6083
MAexp50: 0.6071
MAexp100: 0.6065
Price / MA7: +0.53%
Price / MA20: -0.67%
Price / MA50: -1.61%
Price / MA100: -2.31%
Price / MAexp7: +0.05%
Price / MAexp20: +0.18%
Price / MAexp50: +0.38%
Price / MAexp100: +0.48%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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