Nzd/Jpy

this is my analysis for NZDJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 73.05 and the pair will continue to go up to the next resistance level at 73.30
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 73.00 , stop loss at the level 72.65 target take profit at the level 73.45
if market movement as my scenario, you can earn good profit and avoid much loss in your trade

Technical analysis for the NZD/JPY

aaj market ka trend bearish hey aur yeh trend jare reh sakta hey aaj market ka trend sell trading ke
leay acha hey , moving average aur Parabolic SAR bhe market ke bearish trend ko show kar rahay hain , agar
market price up gae to in resistance levels ko break kar sakte hey

Resistance level 1 =73.16
Resistance level 2 =73.28
Resistance level 3 =73.37

agar market price down hoe to in support levels ko break kar sakte hey

Support level 1 =72.89
Support level 2 =72.78
Support level 3 =72.68

when the European sovereign debt crisis retook the foreground of mainstream media, coupled with a sell-off in precious metals and energy, the NZD/JPY pair depreciated by 300-pips in a matter of days

NzdJpy technical analysis by using : Auto pivot indicator.
resistent level 1 - 74.38
resistent level 2 - 74.01
resistent level 3 - 73.67
pivot poit - 73.30
support level 1 - 72.96
support level 2 - 72.59
support level 3 - 72.25
Parabolic SAR indicator there a dot below the candles that indicates a upward direction in addition to that we can see a BUY signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the higher level to perform a upward signal
on the chart of the this pair there is a main up trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bullish direction then I will go for “BUY” positions.

Looking at the longer term daily chart, it looks like the pair may be heading up to potentially form an Ending Diagonal (ED). If this happens, look for it to test the trendline drawn in the chart

Quote:

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Originally Posted by Anytime

Main ye thread NZDJPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

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according to my prediction the NZDJPY is approaching our first resistance at 72.32 (horizontal pullback resistance, 100% fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 70.80 (horizontal swing low support, 50% fibonacci retracement ).
RSI (89) is also approaching our resistance and we might see a corresponding drop in price should it drop below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

according to my pediction NZDJPY is approaching our first resistance at 72.32 (horizontal pullback resistance, 100% fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 70.80 (horizontal swing low support, 50% fibonacci retracement ).
RSI (89) is also approaching our resistance and we might see a corresponding drop in price should it drop below this level

My dear the technical analysis of this pairs and the trend of this pairs Nzd/Jpy is bearish.

The resistance and supporting level of this pairs is very successive now.

The resistance and supporting level of this technical pairs Nzd/Jpy is as under.

The resistance level.

01. Resistance level is=73.58
02. Resistance level is=74.12
03. Resistance level is=75.02

The supporting level.

01. Supporting level is=72.12
02. Supporting level is=71.22
03. Supporting level is=70.67

once in the prediction of several indicators for the technical analysis of currency pairs NZDJPY on the market today are at the 72.73 support level then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 73.58 positions. You put a stop loss at 72.71 positions

that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at

Resistent1 = 73.43
Resistent2 = 73.55
Resistent3 = 73.68
Support 1 = 72.73
Support 2 = 72.60
Support 3 = 72.48

my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.

NZD/JPY market technical analysis

- current price of the pair = 73.02
- market have bearish trend and in sell position
- market resistance and support levels

Resistance levels

R1 73.16
R2 73.28
R3 73.38

Support levels

S1 73.89
S2 71.77
S3 71.66