NZD/USD - 15 min. - Technical analysis published on 09/20/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 0.5938 USD
My targets
0.5923 USD (-0.0009)
0.5895 USD (-0.0037)
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 0.5938 USD. The next support located at 0.5923 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 0.5895 USD. Below this support, sellers could then target 0.5880 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.8
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Additional analysis
Quotes
NZD/USD rating 0.5932 USD. On the day, this instrument lost -0.30% with the lowest point at 0.5920 USD and the highest point at 0.5986 USD. The deviation from the price is +0.20% for the low point and -0.90% for the high point.0.5920
0.5986
0.5932
Here is a more detailed summary of the historical variations registered by NZD/USD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/USD in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 15 minutes
Williams %R 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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5880 | 0.5893 | 0.5924 | 0.5932 | 0.5938 | 0.5974 | 0.6107 |
| Change (%) | -0.88% | -0.66% | -0.13% | - | +0.10% | +0.71% | +2.95% |
| Change | -0.0052 | -0.0039 | -0.0008 | - | +0.0006 | +0.0042 | +0.0175 |
| Level | Minor | Intermediate | Intermediate | - | 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 | 0.5880 | 0.5895 | 0.5923 | 0.5938 | 0.5966 | 0.5981 | 0.6009 |
| Camarilla | 0.5938 | 0.5942 | 0.5946 | 0.5950 | 0.5954 | 0.5958 | 0.5962 |
| Woodie | 0.5886 | 0.5898 | 0.5929 | 0.5941 | 0.5972 | 0.5984 | 0.6015 |
| Fibonacci | 0.5895 | 0.5912 | 0.5922 | 0.5938 | 0.5955 | 0.5965 | 0.5981 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5805 | 0.5843 | 0.5870 | 0.5908 | 0.5935 | 0.5973 | 0.6000 |
| Camarilla | 0.5880 | 0.5886 | 0.5892 | 0.5898 | 0.5904 | 0.5910 | 0.5916 |
| Woodie | 0.5801 | 0.5840 | 0.5866 | 0.5905 | 0.5931 | 0.5970 | 0.5996 |
| Fibonacci | 0.5843 | 0.5868 | 0.5883 | 0.5908 | 0.5933 | 0.5948 | 0.5973 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5503 | 0.5695 | 0.5834 | 0.6026 | 0.6165 | 0.6357 | 0.6496 |
| Camarilla | 0.5883 | 0.5913 | 0.5944 | 0.5974 | 0.6004 | 0.6035 | 0.6065 |
| Woodie | 0.5478 | 0.5682 | 0.5809 | 0.6013 | 0.6140 | 0.6344 | 0.6471 |
| Fibonacci | 0.5695 | 0.5821 | 0.5899 | 0.6026 | 0.6152 | 0.6230 | 0.6357 |
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): | 44.80 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -4.4439 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 0.5932 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5927 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 0.5951 | |
| Zig ZAG (10): | 0.5934 | |
| VORTEX (21): | 0.8197 | |
| Stochastique (14,3,5): | 67.74 | |
| TEMA (21): | 0.5930 | |
| Williams %R (14): | -58.06 | |
| Chande Momentum Oscillator (20): | 0.0009 | |
| Repulse (5,40,3): | -0.0525 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0207 | |
| Courbe Coppock: | 0.11 |
| MA7: | 0.5919 | |
| MA20: | 0.5919 | |
| MA50: | 0.6035 | |
| MA100: | 0.6106 | |
| MAexp7: | 0.5937 | |
| MAexp20: | 0.5941 | |
| MAexp50: | 0.5948 | |
| MAexp100: | 0.5947 | |
| Price / MA7: | +0.22% | |
| Price / MA20: | +0.22% | |
| Price / MA50: | -1.71% | |
| Price / MA100: | -2.85% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.27% | |
| Price / MAexp100: | -0.25% |
Quotes :
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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:
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Technical Analysis: 13/09/2023 - NZDUSD gets rejected, but bulls might try again
-
Technical Analysis: 06/09/2023 - NZDUSD extends retreat to fresh 2023 low
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Technical Analysis: 09/08/2023 – NZDUSD bearish breakout might have run its course
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Technical Analysis: 26/07/2023 - NZDUSD at range midpoint but bullish pressure rising
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Technical Analysis: 20/07/2023 - NZDUSD defends summer uptrend
This member declared not having a position on this financial instrument or a related financial instrument.
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