Thread: Nzd/Jpy
If a M15 close above 59 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 57 sell only and do not buy. If price closes back above it again do nothing
The range 59 and 57 is neutral area, any trade done in between is personal decision and not part of this analysis
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If a M15 close above 59 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 57 sell only and do not buy. If price closes back above it again do nothing
The range 59 and 57 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
now as i can see on the chart the pair has success in breaking the level of 57.50 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 57.10 , 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.
If a M15 close above 58 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 57 sell only and do not buy. If price closes back above it again do nothing
The range 58 and 57 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
by taking a look on the chart which showing that the pair has started it's weekly candle under the level of 58.50 , and that's mean that the down trend is still standing and the pair might reach the level of 57.65 this night and maybe before starting of the europe session .
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.
as we can see on the weekly chart the pair respected the support level at 58.56 and it rise up and formed strong bullish candle that close over the down trend shown . i think the price should test the resistant level at 63.60
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The NZD/JPY has maintained a descending channel since May 31st when risk sentiment began to shift, leading equities and commodities lower.
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as what i can see in the hourly shart i thibnk the pair want to down so in my opinion the key level is the risistance at 59.14
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Price at the level of 58.110 and will rise to the top at the opening of the market and will reach the level 76.123
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after a look on the screenshot we can see the pair has started it's weekly candle under the level of 61.00 , and that's mean that the down trend is still standing and the pair might reach the level of 60.50 today just if does not reached it tonight .
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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