Nzd/Jpy

NZD/JPY market technical analysis

market trend is bullish
market price = 76.05

Resistance levels
the market could break the first resistance at =76.18
the market could break the second resistance level at =76.30
the market could break the third resistance level at =76.41

Support levels
the market could break the first support levels at =75.91
the market could break the second support level at =75.79
the market could break the third support level at =75.69

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 76.30 and the pair will continue to go up to the next resistance level at 76.55

1. Resistance Level: 76.31
2. Resistance Level: 76.43
3. Resistance Level: 76.58

1. Supporting Level: 75.91
2. Supporting Level: 75.68
3. Supporting Level: 75.51

in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 76.25. , stop loss at the level 75.90. target take profit at the level 76.70

if market movement as my scenario, you can earn good profit and avoid much loss in your trading keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.

we can see that the pair has closed it's daily candle above 63.00 . so , that's means that up trend is expected and the pair might head to 63.20 and then 63.50 ,but also the hourly correction is expected before continue in the up trend

05. 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 Nzd/Jpy is very success now.

The following resistance and supporting level of this pairs is as under.

The resistance level of this pairs.

01. Resistance level is=76.60
02. Resistance level is=76.85
03. Resistance level is=77.20

The supporting level of this pairs.

01. Supporting level is=76.00
02. Supporting level is=75.65
03. Supporting level is=75.42

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

Today live nzdjpy currently currencies Price is 76.112
Today by checking the all routine of the chart I think that the most profitable sell point will be 76.011
And today I think that the most profitable buy point will be 76.215
Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friend
My all best wishes are with you
Please don't forget to thank me
Thanks for reading my post.

Nzdjpy posted a high around 86.30 which was last seen three years ago ,two week ago market has placed a bottom at 77.80 and it rally 900 points around it took some profit taking on friday and dropped almost 200 points i think 83.60 is very good to enter your long position and target 88.80 area.

NzdJpy technical analysis by using : Auto pivot indicator.

resistent level 1 - 77.40
resistent level 2 - 77.03
resistent level 3 - 76.69
pivot point - 76.32
support level 1 - 75.98
support level 2 - 75.61
support level 3 - 75.27

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.

Indicators Signal
Simple Moving Area (48): Down
Momentum (28): Down
Stochastic Oschilator : Down
Standard Deviation 60 : Neutral

Technical analysis of Nzd/Jpy

Resistance and Supporting levels is :

Moving Average:buy
Current price is :76.27


Resistance level is

1> Resistance level is:76.49
2> Resistance level is: 76.75
3> Resistance level is: 76.94


Supporting level is

1> Supporting level is: 75.98
2> Supporting level is:75.71
3> Supporting level is: 75.45

Pair is : Nzd/Jpy

Today trend is : SELL

today resistance and supporting level is:

Resistance is :

Pivot point is : 76.24
Current price is: 76.12


1,Resistance level is :76.23
2,Resistance level is : 76.36
3,Resistance level is :76.51

Support is :

1,Supporting level is :75.98
2,Supporting level is :75.87
3,Supporting level is :75.75