The trading rang for today is among the major support @ 64.40 and the key of resistance 66.70.
The general over short term basis is to downside targeting 65.10 as far as area of 64.40 .
The trading rang for today is among the major support @ 64.40 and the key of resistance 66.70.
The general over short term basis is to downside targeting 65.10 as far as area of 64.40 .
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buttar (2019-05-19), Sarfrazsagar (2019-06-19), SDK (2019-05-19)
My analysis of NZD/JPY
today currency trend is : SELL
Resistance and Supporting level is :
Current price is: 73.800
Pivot Points:"73.773
Resistance level is :
1>Resistance Level is: 73.916
2>Resistance Level is : 74.013
3>Resistance Level is: 74.156
supporting level is :
1>Supporting Level is: 73.676
2>Supporting Level is: 73.533
3>Supporting Level is: 73.436
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buttar (2019-05-19), m148 (2019-05-19), NAZ (2019-05-19), Sarfrazsagar (2019-06-19), SDK (2019-05-19), yulbang111 (2019-05-19)
The digits for the NZDJPY contenious moving above the Ichimoku Cloud which by the way start showing the orange color for now which let us think about the long term direction of bullish leading the price to the next resistance area which you can found at 74 prices
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buttar (2019-05-19), SA153P (2019-05-19), Sarfrazsagar (2019-06-19), SDK (2019-05-19)
Daily overview for NzdJpy
The price is finding the first support at 71.51 and the next support is at 71.26 The price is finding the first resistance at 71.96 and the next resistance is at 72.18 I predict price will be continued falling today. The first target is the level 71.25 After fixing below the first target, then price will go to the level of 71.09 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
Trading recommendations for trading Open Sell
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Sarfrazsagar (2019-06-19)
My analysis of Nzd /jpy
Market trend is sell.
Current Price is ;71.65
Resistance and supporting level is.
Resistance Level is :
1. Resistance Level:72.10
2. Resistance Level:72.33
3. Resistance Level: 72.80
Supporting level is :
1. Supporting Level: 71.53
2. Supporting Level: 71.40
3. Supporting Level: 71.27
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forexA (2019-05-19)
The digits for the NZDJPY contenious moving above the Ichimoku Cloud which by the way start showing the orange color for now which let us think about the long term direction of bullish leading the price to the next resistance area which you can found at 74 prices.
Within the main direction there are a bullish cross occurs between the indicator's lines of Tenken Sen and Kijun sen which you can monitor that the green tenken sen goes above the kijun sen line which have the red color then we can be aware about being through a strong move because it?s direction goes with the main trend.
73.7 In this case the resistance area that founded at 73.85 have a great chance to be hit just to let the main target 74 hits.
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forexA (2019-05-19)
The pair is moved down to test the support on 66.99
if this is breaked we can see the pair move down
if this support is not breaked we can see the pair move up to test the 1st resistance on 67.25
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SA153P (2019-05-19)
Bollinger Bands are still congested, indicating the range but bullish momentum will persist as long as the price is kept above the W L3 – 1.0168. Targets are 1.0225 and 1.0240. If the price breaks 1.0240 it should reach 1.0253 but we shouldn’t expect a daily movement above it due to the ATR projection that shows 1.0233 as the daily projected high.
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Candle is above Bollinger Band Stop in 60 Minutes chart so I think it’s still standing for Uptrend and this pair might head at first level 60.80 and the second level at 61.00. Place your stop loss 40 points from your open position or at appropriate points from your own analysis. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Good luck
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Daily Forecast
Pair: NZDJPY
Major Trend: Bullish
Time Frame: H1
Reason: bullish pattern is formed, for this market will still be a correction at 90.10, before rising and heading 90.49. After that predicted the market would reject.
Recommendation: Buy with a target of 90.49, or Sell limit there
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
buttar (2019-05-18)
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