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Thread: Nzd/Jpy

  1. #53
    Member niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex's Avatar
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    Its difficult to trade ahead of the US interest rate announcement because most investors and traders trade based on what they think the market will do after the announcement, and sometimes that differs from the sentiment of the market.

    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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  3. #52
    Banned gururaj is a name known to all gururaj is a name known to all gururaj is a name known to all gururaj is a name known to all gururaj is a name known to all gururaj is a name known to all gururaj's Avatar
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    the pair and as we can see from the chart has closed it's daily candle under the level of 64.00 , so , that's mean the down trend is still standing and the pair is heading to 63.00 then 62.70

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  5. #51
    Member niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex's Avatar
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    Another interesting candidate for a buy position is the New Zealand Dollar Japanese Yen pair that has fallen all the way from the stubborn resistance level of 67.35 and is coming close to the important support level of 63.50

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  7. #50
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    the pair and as we can see from the chart is trading now above the level of 64.00 , so when ever the pair success in breaking 64.00 , that's mean the down trend will be assured and the pair might head to 63.70 and then 63.40

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  9. #49
    Member niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex's Avatar
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    We would remind you that the New Zealand Dollar – Japanese Yen pair is considered to be one of the best currencies to hold for a long position because of the fundamental differences in the interest rates

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  11. #48
    Banned gururaj is a name known to all gururaj is a name known to all gururaj is a name known to all gururaj is a name known to all gururaj is a name known to all gururaj is a name known to all gururaj's Avatar
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    it looks like we may be looking at a potential downward retracement - potentially to the 66.50 level. Once that downward retracement completes, then look for the pair to turn up.

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  13. #47
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    The low price levels of the pair have created a opportunity buy. is preferable to wait for a weekly close over the test level of 57.10, in order to determine with more certainty that the pair has in fact formed a bottom and it is possible indeed to enter into a buy position without any doubt, it is expected to rise up to the meaningful resistance level of 60 Japanese Yen for one New Zealand dollar.

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  15. #46
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    the pair may be heading up to potentially form an Ending Diagonal (ED). If this happens, look for it to test the trendline drawn in the chart below.

    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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  17. #45
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    A longer conflict could also be a drag on US growth. In the short term, however, the dollar could be in greater demand, if international investors decide to stock up on dollar liquidity in order to be prepared for potential disruptions in the money market, or if short dollar positions are closed to reduce risks.

    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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  19. #44
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    the buy opportunities presented by this pair are, from a daily point of view preferable, over all other 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.


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