NZDJPY Today Analysis
PIVOT POINT 75.42
Support 1 75.18
Support 2 74.74
Support 3 74.50
Resistance 1 75.86
Resistance 2 76.10
Resistance 3 76.54
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NZDJPY Today Analysis
PIVOT POINT 75.42
Support 1 75.18
Support 2 74.74
Support 3 74.50
Resistance 1 75.86
Resistance 2 76.10
Resistance 3 76.54
Daily analysis of currency pair is :Nzd/Jpy
today currency trend is : buy
Resistance and Supporting level is :
Current price is: 75.74
1> Resistance Level is :75.86
2>Resistance Level is : 75.99
3>Resistance Level is:76.10
Daily supporting level
1> Supporting Level is : 75.62
2>Supporting Level is: 75.49
3>Supporting Level is: 75.35
"Hello dear members of this great community, here are my analysis of NZD/JPY for today.
NZD/JPY is Strong Buy according to four-hour chart. RSI(14)'s value is (57.001), STOCH(9,6)'s value is (50.165) and STOCHRSI(14)'s value is (86.922).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 75.52
Support 1: 75.4
Support 2: 75.32
Support 3: 75.2
Resistance 1: 75.61
Resistance 2: 75.72
Resistance 3: 75.81
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."
technical analysis of Nzd/Jpy
Parabolic is : buy
Moving average: buy
Current price:75.74
Pivot point:75.45
Resistance and Supporting level :
1.Resistance level is : 75.85
2.Resistance level is :75.98
3.Resistance level is : 76.10
1.Supporting level is : 75.61
2.Supporting level is : 75.49
3.Supporting level is :75.42
NZD/JPY pair price already touched daily resistance 1 level (82.778) and upper trend line. Now the price try to move down ward. I think the price may touch Fibonacci 161.8 level (82.532).
NzdJpy technical analysis by using : Auto pivot indicator.
resistent level 1 - 76.96
resistent level 2 - 76.59
resistent level 3 - 76.25
pivot point - 75.88
support level 1 - 75.54
support level 2 - 75.17
support level 3 - 74.83
Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the lower level to perform a upward signal
on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.
Indicators Signal
Simple Moving Area (48): Down
Momentum (28): Down
Stochastic Oschilator : Down
Standard Deviation 60 : Neutral
Currency Of Nzd/Jpy is bullish
Resistance and Supporting levels with Pivot Point
Current Price is ; 75.66
Pivot Point is :75.41
High price is:75.67
Low price is :75.59
Resistance level
1- Resistance level is:75.83
2- Resistance level is: 75.98
3- Resistance level is: 76.09
Supporting level is:
1- Supporting level is: 75.59
2- Supporting level is: 75.46
3- Supporting level is: 75.32
analysis of Nzd/Jpy
Bollinger Bands:buy
MACD:buy
Resistance and Supporting level is:
Pivot Point is : 75.48
Resistance price is :
Resistance 1:75.77
Resistance 2:75.89
Resistance 3:75.99
Supporting price is :
Supporting 1:75.53
Supporting 2:75.39
Supporting 3:75.28
we can see that the pair has closed it's weekly candle above 63.00 . so , that's means that up trend is expected and the pair might head to 64.00 and then 65.00 ,but also the hourly correction is expected before continue in the up trend
NZD/JPY
This is the forex quote for the New Zealand Dollar vs. Japanese Yen exchange rate. NZD (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including NZD). Investors tend to favor carry trades at times of optimism about global economic performance and stability; they shun them at times of market stress. This makes NZD/JPY sensitive to swings in broad-based market sentiment trends. The pair is likewise responsive to economic news - both domestic and that of key trading partners (notably China) - that shapes expectations for Reserve Bank of New Zealand monetary policy.