Nzd/Jpy

analysis for today 5 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 5 / 20 / 2014
OPEN 87.53
HIGH 87.59
LOW 86.61
CLOSED 86.82

The third resistance (R3) 87.59 - ( 87.01 - 86.61 = 0.40 x 2 = 0.79 )= 88.38
The second Resistance (R2) 87.01 + 87.59 - 86.61 = 87.99
First resistance (R1) 87.01 x 2 = 174.01 - 86.61 = 87.40
pivot points 87.59 + 86.61 + 86.82 = 261.02 / 3 = 87.01
Support for the first (S1) 87.01 x 2 = 174.01 - 87.59 = 86.42
Support second (S2) 87.01 - ( 87.59 - 86.61 = 0.98 ) = 86.03
Third Support (S3) 86.61 - ( 87.59 - 87.01 = 0.58 x 2 = 1.17 )= 85.44

Daily analysis for NZDJPY
NZDJPY crucial reversal point 86.43, lower, new daily low close to first daily support 86.48

Elliott 87.90
Closing 86.88
Ex-Low 86.66
Ex-High 87.64

Support 1 86.49
Support 2 86.09
Resistance 1 87.47
Resistance 2 88.05

analysis for today 5 / 21 / 2014
NZD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 86.98
Retracement (50%) 87.10
retracement (61,8%) 87.22

Extensions (61.8%) 86.00
Extensions (100.0%) 85.63
Extensions (138.2%) 85.26
Extensions (161.8%) 85.02
calculation based on a Fibonacci retracement then today I choose sell

pair NZDJPY can continue down. the important fibo for now is near 86.58 (near MA 100 yellow). we can sell again after 86.58 break then.

analysis for today 5 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 5 / 21 / 2014
OPEN 86.82
HIGH 86.92
LOW 86.33
CLOSED 86.89

The third resistance (R3) 86.92 - ( 86.71 - 86.33 = 0.38 x 2 = 0.77 )= 87.69
The second Resistance (R2) 86.71 + 86.92 - 86.33 = 87.30
First resistance (R1) 86.71 x 2 = 173.43 - 86.33 = 87.10
pivot points 86.92 + 86.33 + 86.89 = 260.14 / 3 = 86.71
Support for the first (S1) 86.71 x 2 = 173.43 - 86.92 = 86.51
Support second (S2) 86.71 - ( 86.92 - 86.33 = 0.59 ) = 86.12
Third Support (S3) 86.33 - ( 86.92 - 86.71 = 0.21 x 2 = 0.41 )= 85.92

analysis for today 5 / 22 / 2014
NZD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 86.56
Retracement (50%) 86.63
retracement (61,8%) 86.69

Extensions (61.8%) 85.97
Extensions (100.0%) 85.74
Extensions (138.2%) 85.51
Extensions (161.8%) 85.38
calculation based on a Fibonacci retracement then today I choose sell

analysis for today 5 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 5 / 22 / 2014
OPEN 86.90
HIGH 87.30
LOW 86.67
CLOSED 87.09

The third resistance (R3) 87.30 - ( 87.02 - 86.67 = 0.35 x 2 = 0.70 )= 88.00
The second Resistance (R2) 87.02 + 87.30 - 86.67 = 87.65
First resistance (R1) 87.02 x 2 = 174.04 - 86.67 = 87.37
pivot points 87.30 + 86.67 + 87.09 = 261.06 / 3 = 87.02
Support for the first (S1) 87.02 x 2 = 174.04 - 87.30 = 86.74
Support second (S2) 87.02 - ( 87.30 - 86.67 = 0.63 ) = 86.39
Third Support (S3) 86.67 - ( 87.30 - 87.02 = 0.28 x 2 = 0.56 )= 86.11

analysis for today 5 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 5 / 22 / 2014
OPEN 86.90
HIGH 87.30
LOW 86.67
CLOSED 87.09

The third resistance (R3) 87.30 - ( 87.02 - 86.67 = 0.35 x 2 = 0.70 )= 88.00
The second Resistance (R2) 87.02 + 87.30 - 86.67 = 87.65
First resistance (R1) 87.02 x 2 = 174.04 - 86.67 = 87.37
pivot points 87.30 + 86.67 + 87.09 = 261.06 / 3 = 87.02
Support for the first (S1) 87.02 x 2 = 174.04 - 87.30 = 86.74
Support second (S2) 87.02 - ( 87.30 - 86.67 = 0.63 ) = 86.39
Third Support (S3) 86.67 - ( 87.30 - 87.02 = 0.28 x 2 = 0.56 )= 86.11

main nay kabhi bhi is pair mainkam nai kiya hai kyu kay is main kafi risk hota hai main just 3 pairs main he kam karti hu jis mainmujhey sure hota hai kay market ki move kis taraf jaye ge or hum k=market ko kaisay jug=dge kar saktay hain is kay ilawa main or kisi bhi pair main kam nai karti hu.

Daily technical analysis for NZDJPY 23/05/2014
NZDJPY currently uptrend should end around 87.24 - 87.42 area. A correction down to 86.93 - 86.79 is expected. A rise above 87.69 will abort the expected correction.

Key Point 87.28
Entry Point 87.09
Trendline 1 86.72
Trendline 2 87.06

Support 1 86.79 Support 2 86.44
Resistance 1 87.42 Resistance 2 87.69