NZD/JPY Technical Analysis.

NZD/JPY Technical Analysis.

Currently, NZD/JPY is trading at 69.60. The pair is trading in a resistance and support channel from some time and now moving towards the support level at 69.00. It may rebound back after touching support level to again move towards resistance level at 72.00. Until it...
NZDJPY Head & Shoulder Pattern For Short Trade

NZDJPY Head & Shoulder Pattern For Short Trade

NZDJPY has formed head and shoulder pattern after touching to its trend line resistance level as shown in chart. According to chart pattern analysis we might see downside in NZDJPY towards support level . One can initiate short side trade with Risk management system...
NZD/JPY Technical Analysis.

NZD/JPY Technical Analysis.

Currently, NZD/JPY is trading at 70.11. The pair is consolidating in the resistance and support wedges . The pair may start a new uptrend, if it breaks the resistance level at 70.43, likely the pair might consolidate further for some time. If the pair starts a new...
NZD/JPY Technical Analysis.

NZD/JPY Technical Analysis.

Currently, NZD/JPY is trading at 70.24. The pair is consolidating in the ascending triangle resistance and support wedges . The pair may start a new up trend if it breaks the resistance level at 70.43 and it is possible that the pair may continue its consolidation...
NZD/JPY Technical Analysis.

NZD/JPY Technical Analysis.

Currently, NZD/JPY is trading at 70.43. The pair may start a new down trend if it breaks the neck line at 70.21. Previously, the pair was trading in an up trend by making higher-high lower-low pattern in the resistance and support wedges . If the pair starts a new...
NZD/JPY Technical Analysis.

NZD/JPY Technical Analysis.

Currently, NZD/JPY is trading at 69.68. The pair is consolidating in the resistance and support wedges . Previously, the pair was trading in a down trend and after touching support level it started consolidating in the resistance and support levels. If the price...