Nzd/Jpy

Target is still on short term we can expect the retracement towards 78.61 but then a break below 78.10 will confirm the short entry towards the target 75.50 and may be lower so we expect it to be sooner or later with lot of resistance ahead of 78.60 which is 79.11 and the 79.50 so expect a break sooner and then enter with the stop you can afford with High probability trade

regards
check the chart


http://i1292.photobucket.com/albums/...ps3dbe2699.png

http://www12.0zz0.com/2013/07/30/20/888797472.png


we can see in the 1h chart

the pair will go up to fibo 50.0
I see the pair will go to up way to 79.23
rsi refers that the pair will go up
so our target buy from 78.27 and our target will 89pips

Good luck

Nzd/jpy analysis for 07.31.2013 by using pivot indicator.

r3: 80.333
r2: 79.852
r1: 79.248

pivot: 78.767

s1: 78.163
s2: 77.682
s3: 77.087

Hi All :),
My preferance for Today(Wed) for NZD/Jpy is to buy from 78.19 and to stop loss at 77.19,
first take profit is at 78.70 and second at 77.20.
God Be with you in trading :)
:yahoo::good:

Daily pivot Fibonacci points: Resistance levels: R1: 78.65 R2: 78.95 R3: 79.25 Support levels: S1: 78.06 S2: 77.85 S3: 77.50

elliott crucial reversal point current fall is near an end of wave around 73.96 zone a rally should then proced to above 80.27 fall below 71.06 would cancel this scenario
support and resistances
support and resistances
res2 83.67
res1 80.27
piovt 77.36
sup1 73.96
sup2 71.06

Nzd/jpy technical analysis

date : 07.31.2013
time : 04:00 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 46.38

2) MACD (26,12,9)
value: 0.0065

3) ADX (14)
value: 15.63

4)CCI(14)
value: 7.94

overall trend - slightly bullish.

For NZDJPY also on down, we can see on today move, the seller was beak to bellow 77.97 that mean, sell still look big here, take action for sell again this pair better

Hi All :),
My preferance for NZD/Jpy is to sell from 77.86 and to stop loss at 78.86,
first take profit is at 77.36 and second at 76.86.
God Be with you in trading :)
:yahoo::yahoo::yahoo:

today i like to sell this pair @ 78.40
my stop loss of the day @ 78.73
half take profit for today @78.22
and further half take profit @ 78.00