Subscribeowing to the fluctuate down of the level of 59.50 as we can see from the chart , I think the down trend is still standing and the pair might head to 59.20 how ever the pair made any hourly correction , good luck .
Thread: Nzd/Jpy
owing to the fluctuate down of the level of 59.50 as we can see from the chart , I think the down trend is still standing and the pair might head to 59.20 how ever the pair made any hourly correction , good luck .
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If a M15 close above 61 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 59 sell only and do not buy. If price closes back above it again do nothing
The range 61 and 59 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
a downward is very expected because of the pair has been ended it's trading day below of level 59.50 and that's will lead the movement to down trend to reach 59.05 , so the selling is suggested with a appropriate stop loss level and targets between 30 and 40 pips .
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If a M15 close above 61 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 59 sell only and do not buy. If price closes back above it again do nothing
The range 61 and 59 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
Bindas36 (2020-03-12)
current price of this pair is 60.08. i think its better to take short position for this pair bcz 20 ema cross the 50 ema and price is below 20 ema also.the economic condition of jpy is more stronger than nzd. rsi and stoch are going down.
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Bindas36 (2020-03-12)
नीचे बहुत उम्मीद है जोड़ी की वजह से किया गया है यह ट्रेडिंग दिन 60.00 स्तर से नीचे की और समाप्त हो गया है नीचे प्रवृत्ति के लिए आंदोलन का नेतृत्व करने के लिए 59.75 तक पहुंच जाएगा कि, इसलिए, एक उपयुक्त रोक नुकसान स्तर और 20 और 30 के बीच pips के लक्ष्य के साथ बेचने का सुझाव दिया है
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Bindas36 (2020-03-12)
NZDJPY is in bullish momentum as JPY to weak no and just wait to see if nzd has power to push it more up above 64.50 and opened 65.60 level to be touched.
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Bindas36 (2020-03-12)
an over view the pair will lead us to expect the direcrion for today which is uptrend movements and that's because of closing above 60.00 , that's mean the pair is heading to 60.50 directly even if some short movements happend before reaching it .
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Bindas36 (2020-03-12)
uptrending is expected because of the trading now above the level of 59.00 and the pair might continue in it's upmovements heading to 59.44 and and that's before bouncing from the resistance levels , good luck .
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Bindas36 (2020-03-12)
a downward is very expected because of the pair has been ended it's trading day below of level 60.00 and that's will lead the movement to down trend to reach 59.75 , so the selling is suggested with a appropriate stop loss level and targets between 20 and 30 pips .
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.
Bindas36 (2020-03-12)
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