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Thread: Nzd/Jpy

  1. #4803
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- nzd/jpy
    analysis time frame- m15



    the price is having resistance at the fibo level 50. the up movement is not able to break the resistance at 93.10 and may again down side. if this is break the pivot point at 92.97 level then short with take profit at 92.60 and stop loss at 93.33
    good luck.

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  2. #4802
    Senior Member wench is on a distinguished road wench's Avatar
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    the blue dots appearing above the candle bars indicates that the price today is going to be heading upward depending on the prices position we are going to determine where the price would be heading so if the price remained in its position lower than 89.7 which act as a strong support at this moment also it happens to be a weekly pivot point at the same time then I do believe that the price would be heading north only till it meets the next weekly pivot resistance at 93.2 .
    But what if red dots appeared indicating bearish trades and the price bypassed the support 89.7 and headed for the opposite direction then I do believe that the price in this condition would be heading south until it reaches the price 87.46 which is the next support and the next pivot level of the week.
    .

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  3. #4801
    Banned Gamabunta will become famous soon enough Gamabunta will become famous soon enough Gamabunta's Avatar
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    I think that we should look for short positions only if the price break the support level at 92.56.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #4800
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- nzd/jpy
    analysis time frame- m15



    the price is making triple bottom chart pattern at the support 92.45 level and moving up side with breaking the nick line of resistance at 92.85. now the price at daily resistance level three 93.49 so correction can expected. hold the long entry with stop loss at 93.00 as a pullup setup can expected.

    good luck.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #4799
    Banned Gamabunta will become famous soon enough Gamabunta will become famous soon enough Gamabunta's Avatar
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    The pice is in avery high level this days that's why I think that we should look only for long opportunities.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #4798
    Senior Member troykilson is on a distinguished road troykilson's Avatar
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    I can think due to the blade oscillator signal for the NZDJPY that the upcoming trend may be a bearish one as the indicator's value is 0.114 which is below the level of balance also the indicator's color is red to perform a strong sign for bearish direction.
    Now when taking a look on the chart you can get the down slope of the moving average and the last top drawn by the price at 92.64 can be used as a good stop level area in case of getting any open sell positions which I recommend it for the current situation .

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  7. #4797
    Banned alii.hassan is an unknown quantity at this point alii.hassan's Avatar
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    A trend which is bearish is currently taking place on the NZDJPY pair and that is defined by the down red arrow above price and at the same instance monitoring the sell cross which occurs between the snake and T2_clean on the 1H chart.
    In order to define the levels that might affect the direction the support level located at 92.5 would be acting as a great take profit and as a confirmation to keep selling if it got broken down but if the price headed to the opposite direction then the level 93.1 should be used as our stop loss for it can be considered as a resistance level.
    As a final conclusion i do think that selling would be the best choice but that of course until we receive an opposite signal of buy cross via the indicators or if the blue up arrow took place .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #4796
    Senior Member hmmo is on a distinguished road hmmo's Avatar
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    According to my analysis for the NZDJPY for the day I founds that the price is now below the level 92.69 colored by grey naming a new price for support level at MBFX indicator.
    Adding this to the bullish signal shown on the vestro indicator by the current time I will bet on the down trend direction .
    At this situation I think the support area at 92.52 can be used as the first level to get the profits of selling orders to help save the balance in case of fake trend and then you can target the next levels as you can see at the support located at 92.35 This action could remain strong as long as the price can't be able to break the level of 92.96 which will be a very strong signal about different buying direction under making.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #4795
    Senior Member osos is on a distinguished road osos's Avatar
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    some good selling signals shown today on the hourly chart of the NZDJPY as the price have a red arrow as the last signal that viewed by the EMA crossover indicator which uses a 2 exponential moving averages with an unsimilar shifts and you can see the red line crossing below the blue one to act as a sell signal.
    it happens also on the QQE indicator that is clear on the chart lines below the fifty levels and showing a sell cross.
    We target the area 92.95 by performing sell orders until I can get a new buy cross by the 2 exponential moving averages.
    .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #4794
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    The blue line comes below the red line on the momentum cross on the chart of the NZDJPY pair by now which is a good signal for selling signal.
    In the other way the Oracle strength indicator have a probably downwards direction because of the red color of the mentioned indicator.
    This can be merged with the bearish trend of the Oracle direction indicator which shows a red arrow by now and it should confirm the oracle strength indicator in order to enter any trade.
    I think it is clear that the downward trend will take a place on the pair for a good time starting from now and this should remain as long as the indicators keep giving the sell signals.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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