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Pair: nzd/jpy
Today indicators shown bearish short terms trend.
Pivot Point :71.10
Supporting Levels:
Support 1: 66.78
Support 2: 68.13
Support 3: 67.18
TREND: BULLISH
Resistance Levels:
Resistance 1: 71.23
Resistance 2: 71.34
Resistance 3: 71.40
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.
nzd.jpy
Resistance UP ^
pivot point # 71.20
1#Resistance 71.34
2# Resistance 71.50
3# Resistance 71.67
Support DOWN V
1# Support 70.94
2# Support 70.84
3# Support 70.75
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 .
my opinion about this pair.. Nzdjpy
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
Mera Khyal sa aj Nzd/Jpy ka analysis kch is trah sa hai. Aj ye currency pair 69.10
tk ja skta ha aur 68.78 tk bhi gir skta hai.
Aj is currency ka Market Trend Sell hai.
1: Resistance Level 69.58
2: Resistance Level 69.78
1: Supporting Level 69.10
2: Supporting Level 68.88
NZD/JPY had a very bullish day yesterday. However, the H4 chart shows that the price has had a rejection at the same level of resistance twice. Thus, if the price makes a breakout at the last swing low, it may head towards the South as far as double top resistance and neckline breakout are concerned.
Trading forex is like watching a school of fish move. One minute is total harmony, the next, complete chaos. As the observer of this school of fish, do you believe you can accurately predict the direction the school of fish will move each time? Would you bet on it?
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Trading forex is not much different - we need to develop that keen sense of what is happening around us. Will we ever be able to predict every move in the forex markets? Absolutely not. But we can use our understanding of the context of the market – the six forces of forex – to make better, more profitable trading choices. Once we understand these forces, we can create and operate within a comprehensive trading plan:
Who trades forex? Understand who participates in the markets, why they are successful, and how you can emulate them.
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NZD/JPY - New Zealand Dollar to Yen
NZD/JPY
69.366-0.3215(-0.4613%)
04:25:55(GMT)|Real-Time Data, Quoted in JPY
Open
69.687
Day's Range
69.307 - 69.750
Class
Currencies
Bid/Ask
69.364/69.368
Symbol
NZDJPY
Subclass / Sector
Minor
Today's my technical over view of the market for the trend of this pairs Nzd/Jpy
according to market technical analysis the market have sell trend
the market trend could remain in this position
expected resistance and support levels
market price ----------69.35
The resistance level as under.
1- Resistance level----------69.50
2- Resistance level----------69.90
3- Resistance level----------70.10
The supporting level is as under.
1- Support level-------------69.20
2- Support level-------------68.90
3- Support level-------------68.70
Nzd/Jpy > BearishPIVOT PoINT > 69.53
S1 > 69.34
S2 > 69.23
S3 > 69.05
R1 > 69.71
R2 > 69.82
R3 > 70.01