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benny_marshall
May 18, 2022 10:03 AM

NZDJPY - Is the WAR SENTIMENT OVER?  

New Zealand Dollar/Japanese YenFXCM

Description

- NZD FEATURE The NZD FEATURE currently stands at 0.6351 LEVEL. The JPY FEATURE was heavily DOWN before. But is now up. The JPY FEATURE is a bit UP with the RISK OFF of the previous days. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. NZDJPY Price is ready to go down below DYNAMIC LEVELS.

- Currently the OVERALL MARKET is showing a NEUTRAL BIAS. STOCKS is currently showing a MIXED RISK SENTIMENT. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES shows a DOWN SIDE BIAS. Currently the market has a NEUTRAL BIAS. Therefore, in the future, all NZD CAD AUD currencies may be UP or DOWN relative to JPY CHF currencies.

- NZDJPY price may be slightly lower before UP up to 80.04 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be UP. It's probably up to 85.02 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
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