Nzd/Jpy

Nzd/Jpy

Today market trend is strongly bullish.

Resistance levels are
R3. 74.99
R2. 74.75
R1. 74.58

Support levels are
S1. 73.91
S2. 73.77
S3. 73.56

Today analysis for the pair of :Nzd/Jpy
--- Trading opinion for the best profitable trade: Open buy ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 74.42
2# Resistance is: 74.54
3# Resistance is: 74.73
Supporting level of this pair is :
1# Supporting is: 74.04
2# Supporting is: 73.92
3# Supporting is: 73.73

Today nzd/jpy rate is 74.511
In my observation the profitable next selling ponit will be 74.411
and by my mind the profitable next buy point will be 74.611
You will earn more money if you will follow my views
because i have posted this after checking the previous routine clearly
good luck

Trend formed:
Current price @ 64.95. trend is unclear, because the candle heiken in d1 -tailed two and is small. but seemed unable to penetrate sma5 prices high h4. I am trying to sell.

Position For Order:
Position 1 ==> instan sell position.
Position 2 ==> sell limit @ 65.16

Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.

Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.

Image link:
http://i1123.photobucket.com/albums/...0116-42-32.png

my dear sir, today my technical analysis of Nzd/Jpy market trend is buy

Resistance and Supporting levels :

Resistance level is

1. Resistance level is: 74.41
2. Resistance level is: 74.50
3. Resistance level is: 74.70


Supporting level is

1. Supporting level is: 74.02
2. Supporting level is: 73.80
3. Supporting level is: 73.50

Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 74.21
This currency name - NZD/JPY
Resistance and Target - 74.80
Support and Stop Loss - 73.62
Always follow Long time frame market trend.
Signal is Sell.

Technical analysis of Nzd/JPY is bearish

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is:74.47
2> Resistance level is: 74.79
3> Resistance level is: 74.98


Supporting level is

1> Supporting level is: 73.96
2> Supporting level is: 73.76
3> Supporting level is: 73.45

Technical analysis of Nzd/JPY is bearish

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is:74.47
2> Resistance level is: 74.79
3> Resistance level is: 74.98


Supporting level is

1> Supporting level is: 73.96
2> Supporting level is: 73.76
3> Supporting level is: 73.45

Today nzd/jpy rate is 74.104
In my observation the profitable next selling ponit will be 74.004
and by my mind the profitable next buy point will be 74.204
You will earn more money if you will follow my views
because i have posted this after checking the previous routine clearly
good luck

Hello everyone.

I've looked arount the forum a little bit but have not found any thread dedicated to NZD/JPY currency pair.

I am looking into this pair for quite some time. I am a newbie in Forex, but have a basic understanding of the market.

So my question to you, the experts, is the following:

If I was to go long NZD/JPY (I know, not a very wise choice at the moment) - but somewhere in the following months, and decide for a carry trade i.e. keep the NZD for a longer period of time.

I have done some calculating and got the following figures:

Investment - 1500EUR
Long 2 minilots NZD/JPY
Daily interest rate (at the momet 7%/365) = ~1,9 EUR
In a year the interest would be ~714 EUR, which is 48% of the initial investment.

This position would be without a stoploss order, since the 1500 EUR would mean that NZD/JPY could drop for 1100 pips, which would mean that the value could drop to (if bought at 78,00) 67,00. The lowest value for this pair ever was 64,32 and lowest this year was 67,77.

In theory if the currency is ranging from lets say 67,00 to 87,00 (max value ever, and also max 2006), this position could remain open throughout the year.

A 48% yearly income is not such a bad thing?

Please post your comments on this idea and feel free to rip it apart, it will save me money .

Oh, and I forgot - the leverage is 400:1.

Any other comments on this pair are very welcome.

Thank you all for writing.