Nzd/Jpy

nzd/jpy market analysis by using : average directional movement index wilder

adx wilder(14) level

style : 11.53
+di : 16.55
-di : 18.30

timeframe : 1 hour
date : 19.06.2013
time : 1200

time frame- H1
today the price movement is not too much fluctuate. it is moving in the rage between 76.34 and support at the 75.91 the rsi indicator is also moving at the 50 level. we can trade in the breakout direction. if it is break the down side we can target 75.30
good luck.

Hi,
My preferance to sell NZD/JPY from 75.40 and to stop loss at 76.40,
first take profit is at 75.00 and second at 74.60.
Good luck for everyone :)

today i like to buy this pair @ 76.37
my stop loss of the day @ 76.00
half take profit for today @ 76.60
and further half take profit @ 76.89

hi;;;


price:76.50
will buy:78.50
profit:200

:accute:

elliott flat correction down 75,69 the current rise has limited up side potential between 76.37 and 76.67 acorrection dwon to 75.81 - 75.55 zone is expected then if 75.55 area hold it should resu,e his up trend

Buying and selling real variation on these days is really: how important AT200 SMA 4-H and the fundamental opposition AT65. seventy-nine.
Therefore, waiting for another day remains legitimate long as the balance is actually two hundred small club 4h.

we can see in the 4h chart
the pair can not close down the broken up trend line
I see the pair will go to up way to 78.30
rsi refers that the pair will go up
so our target buy from 76.79 and our target will 160pips

http://charts.mql5.com/1/838/nzdjpy-...orex-group.png

http://charts.mql5.com/1/840/nzdjpy-...orex-group.png



the pair can not close down the broken up trend line
I see the pair will go to up way to 76.95
rsi refers that the pair will go up
so our target buy from 75.95 and our target will 100pips

Good luck

As long as 75.00 is offering support to nzd/jpy I dont think bears will attack But I think we will soon see it broken and then move towards 72.50 is seen But as long as it is not broken we can
see a test of 76.90 is possible
Regards

http://i1292.photobucket.com/albums/...ps2f239d5d.png