Nzd/Jpy

[achyut]

Daily forecast: NZDJPY 01 Oct. 2014.

Trading analysis for Daily forecast of NZDJPY 01 October, 2014. In Daily chart NZDJPY is flat. At present NZDJPY spike from the 1st resistance level and now at pivot point. If it continue go downside then it goes to the strong resistance level i.e. 87.377.

Pivot: 85.276

Resistance levels

R1 85.870
R2 86.188
R3 86.782
R4 87.377

Support levels

S1 84.958
S2 84.364
S3 84.046
S4 83.729

[ANDRIAS]

http://prntscr.com/4ryt10
analysis for today 10 / 1 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 9 / 30 / 2014
OPEN 84.97
HIGH 85.59
LOW 84.68
CLOSED 85.56

The third resistance (R3) 85.59 - ( 85.28 - 84.68 = 0.60 x 2 = 1.19 )= 86.78
The second Resistance (R2) 85.28 + 85.59 - 84.68 = 86.19
First resistance (R1) 85.28 x 2 = 170.55 - 84.68 = 85.87
pivot points 85.59 + 84.68 + 85.56 = 255.83 / 3 = 85.28
Support for the first (S1) 85.28 x 2 = 170.55 - 85.59 = 84.96
Support second (S2) 85.28 - ( 85.59 - 84.68 = 0.91 ) = 84.37
Third Support (S3) 84.68 - ( 85.59 - 85.28 = 0.31 x 2 = 0.63 )= 84.05

[ng1985]

pair- nzd/jpy
chart analysis time frame- h1



the price has been break the pivot point resistance at 85.11 level and making pull up from the supporting trend line. the macd indicator is also showing up movement. long with the take profit at the 86.40 and stop loss at the 84.10
good luck

[monta]

cci(14) : 34.620

bulls (13) : 4.19

i see the in pair up trend

so i will buy from : 85.50

and my target today is : 86.50

and target 2 today is : 87.50

good luck

[BURHANFX]

http://prntscr.com/4rhadb
analysis for today 9 / 29 / 2014
NZD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 86.09
Retracement (50%) 86.17
retracement (61,8%) 86.24

Extensions (61.8%) 85.46
Extensions (100.0%) 85.22
Extensions (138.2%) 84.98
Extensions (161.8%) 84.83
calculation based on a Fibonacci retracement then today I choose sell

[BURHANFX]

http://prntscr.com/4qgnks
analysis for today 9 / 26 / 2014
NZD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 86.81
Retracement (50%) 87.06
retracement (61,8%) 87.30

Extensions (61.8%) 84.70
Extensions (100.0%) 83.89
Extensions (138.2%) 83.08
Extensions (161.8%) 82.59
calculation based on a Fibonacci retracement then today I choose sell

[ng1985]

pair- nzd/jpy
chart analysis time frame- h1



the rsi indicator is moving out from the oversold level 30 but the price up movement is not able to break the resistance at 86.45 level and again down side. hold the short entry with stop loss above pivot point 86.74 level.
good luck

[Gamabunta]

I don't think that the price will rise agin after this strong downside mouvement in this day. I think that we should look only for short opportunities.
The only way to rise again is failling in breaking the support level at 85.79.

[monta]

cci(14) : -120.28

bulls (13) : 0.17

i see the in pair down trend

so i will sell from : 87.48

and my target today is : 85.48

good luck

[BURHANFX]

http://prntscr.com/4puu4n
analysis for today 9 / 24 / 2014
NZD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 87.86
Retracement (50%) 87.97
retracement (61,8%) 88.08

Extensions (61.8%) 86.96
Extensions (100.0%) 86.62
Extensions (138.2%) 86.28
Extensions (161.8%) 86.06
calculation based on a Fibonacci retracement then today I choose sell