Nzd/Jpy

[ng1985]

pair- nzd/jpy
analysis time frame- m15



the rsi indicator is moving down side and in the price chart its also at strong resistance at 88.85 level that may be not break and its again move down side. if this is break 88.44 level then short with take profit at 88.00 and stop loss at 88.90
good luck.

[wench]

the blue dots appearing above the candle bars indicates that the price today is going to be heading upward depending on the price�s position we are going to determine where the price would be heading so if the price remained in its position lower than 85.3633 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 88.8133 .
But what if red dots appeared indicating bearish trades and the price bypassed the support 85.3633 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 83.2267 which is the next support and the next pivot level of the week.
.

[achyut]

Daily forecast: NZDJPY 07 Nov. 2014.

Technical analysis for Daily forecast of NZDJPY 07 November, 2014. In Daily chart NZDJPY shows bullish trend. At present NZDJPY above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 90.298.

Pivot: 88.435

Resistance levels

R1 88.938
R2 89.291
R3 89.794
R4 90.298

Support levels

S1 88.082
S2 87.579
S3 87.226
S4 86.874

[ANDRIAS]

http://prntscr.com/53ufgl
analysis for today 11 / 6 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 11 / 5 / 2014
OPEN 88.57
HIGH 88.78
LOW 87.93
CLOSED 88.57

The third resistance (R3) 88.78 - ( 88.43 - 87.93 = 0.50 x 2 = 0.99 )= 89.77
The second Resistance (R2) 88.43 + 88.78 - 87.93 = 89.28
First resistance (R1) 88.43 x 2 = 176.85 - 87.93 = 88.92
pivot points 88.78 + 87.93 + 88.57 = 265.28 / 3 = 88.43
Support for the first (S1) 88.43 x 2 = 176.85 - 88.78 = 88.07
Support second (S2) 88.43 - ( 88.78 - 87.93 = 0.85 ) = 87.58
Third Support (S3) 87.93 - ( 88.78 - 88.43 = 0.35 x 2 = 0.71 )= 87.22

[ng1985]

pair- nzd/jpy
analysis time frame- m15



the price is making double top chart pattern at the resistance 88.80 and the macd is acting at the zero level. if the price is break 88.45 then down movement can expected to the support at 88.25 level. short with stop loss at 89.00
good luck.

[achyut]

Daily forecast: NZDJPY 06 Nov. 2014.

Technical analysis for Daily forecast of NZDJPY 06 November, 2014. In Daily chart NZDJPY is flat. At present NZDJPY on the pivot point. It is important to break support or resistance levels to identify the trend. Previous record shows NZDJPY buy below from the 4th support level.

Pivot: 88.622

Resistance levels

R1 89.155
R2 89.747
R3 90.280
R4 90.812

Support levels

S1 88.030
S2 87.497
S3 86.905
S4 86.312

[ANDRIAS]

http://prntscr.com/53i91v
analysis for today 11 / 6 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 11 / 5 / 2014
OPEN 88.68
HIGH 89.22
LOW 88.09
CLOSED 88.56

The third resistance (R3) 89.22 - ( 88.62 - 88.09 = 0.53 x 2 = 1.07 )= 90.29
The second Resistance (R2) 88.62 + 89.22 - 88.09 = 89.75
First resistance (R1) 88.62 x 2 = 177.25 - 88.09 = 89.16
pivot points 89.22 + 88.09 + 88.56 = 265.87 / 3 = 88.62
Support for the first (S1) 88.62 x 2 = 177.25 - 89.22 = 88.03
Support second (S2) 88.62 - ( 89.22 - 88.09 = 1.13 ) = 87.49
Third Support (S3) 88.09 - ( 89.22 - 88.62 = 0.60 x 2 = 1.19 )= 86.90

[wench]

the red dots appearing above the candle bars indicates that the price today is going to be heading downward depending on the price�s position we are going to determine where the price would be heading so if the price remained in its position lower than 88.8133 which act as a strong resistance 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 south only till it meets the next weekly pivot support at 85.3633 .
But what if blue dots appeared indicating bullish trades and the price bypassed the resistance 88.8133 and headed for the opposite direction then I do believe that the price in this condition would be heading north until it reaches the price 90.1267 which is the next resistance and the next pivot level of the week.
.

[ng1985]

pair- nzd/jpy
analysis time frame- m15



the rsi indicator ris making lower to high while in the price chart its continue lower to low. the price is making doji pattern at the support 88.15 level. if this is break pivot point 88.35 then up movement can expected. long with take profit at 88.90 and stop loss at 87.50

good luck.

[ANDRIAS]

http://prntscr.com/536evc
analysis for today 11 / 5 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 11 / 4 / 2014
OPEN 87.98
HIGH 88.72
LOW 87.65
CLOSED 88.69

The third resistance (R3) 88.72 - ( 88.35 - 87.65 = 0.70 x 2 = 1.41 )= 90.13
The second Resistance (R2) 88.35 + 88.72 - 87.65 = 89.42
First resistance (R1) 88.35 x 2 = 176.71 - 87.65 = 89.06
pivot points 88.72 + 87.65 + 88.69 = 265.06 / 3 = 88.35
Support for the first (S1) 88.35 x 2 = 176.71 - 88.72 = 87.99
Support second (S2) 88.35 - ( 88.72 - 87.65 = 1.07 ) = 87.28
Third Support (S3) 87.65 - ( 88.72 - 88.35 = 0.37 x 2 = 0.73 )= 86.92