Thread: Nzd/Jpy
http://prntscr.com/4eyrls
analysis for today 8 / 22 / 2014
NZD/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 87.04
Retracement (50%) 86.98
retracement (61,8%) 86.91
Extensions (61.8%) 87.63
Extensions (100.0%) 87.86
Extensions (138.2%) 88.09
Extensions (161.8%) 88.22
calculation based on a Fibonacci retracement then today I choose buy
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.
Trading analysis for 22nd August, 2014. In Daily chart NZDJPY shows bullish trend. At present NZDJPY is above the pivot point and going towards the 1st resistance level. If NZDJPY breaks 1st resistance level then next strong resistance level is 88.424.
Pivot: 87.064
Resistance levels
R1 87.450
R2 87.653
R3 88.039
R4 88.424
Support levels
S1 86.861
S2 86.475
S3 86.272
S4 86.068
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.
http://prntscr.com/4f95sf
analysis for today 8 / 22 / 2014
NZD/JPY
Resistance : R1 87.87 R2 88.12 R3 88.32 R4 88.62
Support : S1 86.59 S2 86.34 S3 86.14 S4 85.84
Open : 87.25
High : 87.34
Low : 87.12
Range : .22 Pips
Running Price : 87.25
Strategy : BUY at the level 87.25 stop loss at the level 86.59 target take profit at the level 88.32 or at the level 88.62
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.
http://prntscr.com/4f9jto
analysis for today 8 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 8 / 21 / 2014
OPEN 86.82
HIGH 87.27
LOW 86.68
CLOSED 87.25
The third resistance (R3) 87.27 - ( 87.07 - 86.68 = 0.39 x 2 = 0.77 )= 88.04
The second Resistance (R2) 87.07 + 87.27 - 86.68 = 87.66
First resistance (R1) 87.07 x 2 = 174.13 - 86.68 = 87.45
pivot points 87.27 + 86.68 + 87.25 = 261.20 / 3 = 87.07
Support for the first (S1) 87.07 x 2 = 174.13 - 87.27 = 86.86
Support second (S2) 87.07 - ( 87.27 - 86.68 = 0.59 ) = 86.48
Third Support (S3) 86.68 - ( 87.27 - 87.07 = 0.20 x 2 = 0.41 )= 86.27
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.
http://prntscr.com/4eyrls
analysis for today 8 / 21 / 2014
NZD/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 86.70
Retracement (50%) 86.62
retracement (61,8%) 86.54
Extensions (61.8%) 87.34
Extensions (100.0%) 87.58
Extensions (138.2%) 87.82
Extensions (161.8%) 87.98
calculation based on a Fibonacci retracement then today I choose buy
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.
pair- nzd/jpy
chart analysis time frame- m30
the price is having strong resistance at the 87.00 level and also making a triangle chart pattern. if this is break the resistance then up movement can expected. the rsi is also at the 70 level. if this is break the supporting trend line then make short entry with take profit at 86.40 level and stop loss at 87.50
good luck
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.
http://prntscr.com/4ev9vq
analysis for today 8 / 21 / 2014
NZD/JPY
Resistance : R1 87.43 R2 87.68 R3 87.88 R4 88.18
Support : S1 86.11 S2 85.86 S3 85.66 S4 85.36
Open : 86.82
High : 86.86
Low : 86.68
Range : .18 Pips
Running Price : 86.78
Strategy : BUY at the level 86.78 stop loss at the level 86.11 target take profit at the level 87.88 or at the level 88.18
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.
http://prntscr.com/4evtag
analysis for today 8 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 8 / 20 / 2014
OPEN 86.58
HIGH 86.94
LOW 86.30
CLOSED 86.84
The third resistance (R3) 86.94 - ( 86.69 - 86.30 = 0.39 x 2 = 0.79 )= 87.73
The second Resistance (R2) 86.69 + 86.94 - 86.30 = 87.33
First resistance (R1) 86.69 x 2 = 173.39 - 86.30 = 87.09
pivot points 86.94 + 86.30 + 86.84 = 260.08 / 3 = 86.69
Support for the first (S1) 86.69 x 2 = 173.39 - 86.94 = 86.45
Support second (S2) 86.69 - ( 86.94 - 86.30 = 0.64 ) = 86.05
Third Support (S3) 86.30 - ( 86.94 - 86.69 = 0.25 x 2 = 0.49 )= 85.81
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.
http://prntscr.com/4epi3i
analysis for today 8 / 20 / 2014
NZD/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 86.76
Retracement (50%) 86.70
retracement (61,8%) 86.63
Extensions (61.8%) 87.31
Extensions (100.0%) 87.52
Extensions (138.2%) 87.73
Extensions (161.8%) 87.86
calculation based on a Fibonacci retracement then today I choose buy
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.
http://prntscr.com/4eji4o
analysis for today 8 / 20 / 2014
NZD/JPY
Resistance : R1 87.30 R2 87.55 R3 87.75 R4 88.05
Support : S1 86.03 S2 85.78 S3 85.58 S4 85.28
Open : 86.58
High : 86.78
Low : 86.55
Range : .23 Pips
Running Price : 86.66
Strategy : SELL at the level 86.66 stop loss at the level 87.30 target take profit at the level 85.58 or at the level 85.28
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.
There are currently users online. members and guests
Threads:
Posts:
Member:
Thanks
Subscribe
Currently Active Users
