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which was last seen three years ago ,two week ago market has placed a bottom at 77.35 and it rally 900 points around it took some profit taking on friday and dropped almost 200 points i think 83.90 is very good to enter your long position and target 88.66
Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading.
The support and resistance level educate us for markit trading up or down so we can trade sell or buy and get huge benefit in trading.
(Kitco News) - Gold and silver prices are down in early U.S. futures trading Wednesday, as it appears the bearish aspect of reduced consumer demand for the precious metals amid the potential for a slowdown in global economic growth is presently trumping the safe-haven demand aspects of the coronavirus scare. China, which is hit hardest by the outbreak, is a world leader for consumer gold demand. It can also be correctly argued the gold market is seeing a corrective pullback from recent solid gains that pushed prices to a seven-year high earlier this week. April gold futures were last down $5.90 an ounce at $1,644.10. March Comex silver prices were last down $0.241 at $17.95 an ounce.
NZD/JPY Exchange Rate - FXStreet
NZD/JPY is the abbreviation for the New Zealand Dollar and Japanese Yen pair. It shows how much the NZD (base currency) is worth as measured against the JPY (counter currency). For example, NZD/JPY = 77.96 indicates that one New Zealand Dollar can buy 77.96 Japanese Yens.
Hey dears
My observation to the market of this pair in my views, today market can move to the up side by searching the parabolic sar position at frame m 30,
Its technical graph by Macads position of the market show us bullish way, it seems that can be move to the up side after a short term ,I use here my sclapping strategy for the market of this pair, if you like click on thanks ,
Current position has strong buy way,.ok. Good luck
NZD/JPY
The H4 chart shows that the price had a rejection at the level of 71.100 earlier today. As of writing, the price has been bearish so far on the last candle. If it heads towards the South and makes a breakout at the level of 70.760, it may head towards the level of 70.075 with more bearish momentum.
Trade Summary
Entry: Sell below 70.760
Stop Loss: Above 71.100
Take Profit 1: 70.075
Take Profit 2: 69.690
Take Profit 3: 69.330
Forex is the greatest trading website to earning huge profits.
So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.
nzdjpy ne waise to uptrend ka signal diya hai..lekin mere khayal se 65.07 pe iska 1 bahut strong resistence hai..
is value se pehle isko buy karna thk nahi hoga..agar isko tod deta h fir iski buying ki ja sakti hai
Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade
Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI
So best of luck for the comferm trade .
Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.