- There are some very important EVENT this week for NZDJPY. The most important of these is the Central Bank Meeting of Japan. Also the NZD TRADE BALANCE will be a very important one. Although not so much VOLATILITY NEWS for NZDJPY this week, you can FOLLOW the NZDJPY MARKET SENTIMENT in the coming days. - NZD FEATURE is currently DOWN. The main reason for...
hello traders, here is the nzd/jpy going up badly. if you have any ideas, don't forget to comment here.
NZD/JPY SELL LIMIT @0.6570 SL: 0.6710 TP: 0.6380
NZD/JPY SELL NEAR TO 66.00 PRICE ZONE SL: 66.70 TP: 64.00
Price had respected the resistance level last week and dropped hard after the NZD interest rate was announced. Since then price has pulled back to the 61.8% Fibonacci retracement level and printed a sell signal (long legged doji) I have subsequently sold at market price @ 75.776 with # stop loss higher up where I deem this setup invalidated @ 76.041 and # take...
The resistance level has been holding well and the support trend line broke on Friday indicating possible change in the trend. I will be looking to sell IF the following conditions are met: I have marked with the yellow bar the 50 and 61.8 fibo levels based on the last bearish move. I want to see if this level will be tested and IF a sell signal prints, to...