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Spoiler:
NzdJpy bearish trend can continue today , now current price at 75.80 and strong resistent at level 76.00 in hourly time frame. there is possible chance NzdJpy price will move to down side. then next low price is 75.30
I suggest to entry sell with stoploss at 76.15 and take profit at 75.30
Forex Forecast with price level.
NZD/JPY - pair in focus
Current Price - 75.86
main support level - 74.84 75.20
main resistance level - 76.16 76.52
Pair likely to be in Buy today.
NzdJpy bearish trend can continue today , now current price at 75.60 and strong resistent at level 75.80 in hourly time frame. there is possible chance NzdJpy price will move to down side. then next low price is 75.00
I suggest to entry sell with stoploss at 76.00 and take profit at 75.00
Elliott: impulse wave up 66.73
Current rise seems to be over near 66.29 or 66.53 for a retracement towards 66.04 - 65.90 area.
Warning: End of trend - Imminent end of bullish move
Technical points
Key point 66.5300
Entry point 66.0600
Elliott 65.0000
Closing 66.2400
Projection 66.7300
Trendline 65.6700
Trendline 65.8300
Supports / Resistances
Res 2 66.8300
Ex-High 66.3400
Res 1 66.5300
Pivot 66.0400
Sup 1 65.7500
Ex-Low 65.5500
Sup 2 65.2600
NzdJpy bearish trend can continue , now current price at 75.95 and strong resistent at level 76.15 in hourly time frame. there is possible chance NzdJpy price will move to down side. then next low price is 75.45
I suggest to entry sell with stoploss at 76.25 and take profit at 75.45
Nzdjpy pair trading up levels movement with my today forecast and analysis nzdjpy pair trend is up :
Up Levels are : 76.44
Normal Levels are : 76.12
Down Levels are : 75.62
NzdJpy bearish trend can continue today , now current price at 75.50 and strong resistent at level 75.70 in hourly time frame. there is possible chance NzdJpy price will move to down side. then next low price is 75.00
I suggest to entry sell with stoploss at 75.85 and take profit at 75.00
Nzdjpy pair trading down levels movement with my today forecast and analysis nzdjpy pair trend is down:
Up Levels are : 75.95
Normal Levels are : 75.45
Down Levels are : 74.95
time frame - 4 Hour
currency pair - NZD/JPY
sell @ 75.32
take profit @ 75.03
stop loss @ 75.61
risk reward ratio - 1 : 3
the pair may go bearish and possible retracement downtrend. sell at the top.
time frame - 4 Hour
currency pair - NZD/JPY
buy @ 75.45
take profit @ 75.67
stop loss @ 75.31
risk reward ratio - 1 : 3
the pair may go bullish and possible retracement uptrend. buy dips sell high