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
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
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Technical analysis Nzd/Jpy
Resistance and Supporting levels is :
Current Rate is :71.84
Pivot point is: 71.72
parabolic is : Bearish
Momentum is : Bearish
Resistance level is
1> Resistance level is:72.11
2> Resistance level is: 71.35
3> Resistance level is: 72.49
Supporting level is
1> Supporting level is: 71.58
2> Supporting level is: 71.45
3> Supporting level is: 71.23
Take profit price is:71.61
Stop lose price is : 72.08
i hope making good profit if use this signal ,, thanks ,,
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RYK (2019-05-20)
the trading now above the level of 61.50 will make the uptrend expected and the pair might continue in it's upmovements heading to 61.75 and then 62.00 and that's before bouncing from the resistance levels
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because of the moving under the level of 60.00 as we can see from the chart , I think the down trend is still standing and the pair might head to 59.50 and then 59.25 how ever the pair made any hourly correction
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in the previous week it been more down falling to this pair as we can see on the weekly chart 3 big bearish candles strong sign to continue the down trend in the near futur. i think it will go down to test the support level at 61.35 if it can close under it it is a sign to more downside then
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NZDJPY Today Analysis
Market Trend Bearish
Pivot Point 71.65
S 1 >>>>> 71.45
S 2 >>>>> 71.25
S 3 >>>>> 71.00
R 1 >>>>> 71.90
R 2 >>>>> 72.15
R 3 >>>>> 72.38
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this pair fail for the 3 times to break the resistance area .......not much to do for it even mtpredictor give me a buy setup base on daily chart but not yet trigger.....and if today candle close as doji it would be a pause signal of the up trend for a while.....
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NZD /JPY is Bearish
Resistance 72.19
Resistance 72.37
Resistance 72.54
Support 71.89
Support 71.65
Support 71.49
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my analysis of Nzd/Jpy
Today Trend is:buy
Resistance and Supporting level today,s
Resistance level today,s is
First Resistance is:72.45
Second Resistance is: 72.86
Third Resistance is: 73.10
Supporting levels today,s is
First Support is: 71.53
Second Support is:71.22
Third Support is:70.94
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the prices on the chart of the NZDJPY persist moving above the Ichimoku Cloud which shows the orange color at the current time to get our thinking ahead for a possibility of being through a longer direction of bullish targeting the upcoming priceses near the resistance area which could be sets at 74.95 prices.
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