FX:NZDJPY   New Zealand Dollar / Japanese Yen
145 0 2

NZD/JPY broke the inside bar candlestick pattern in today's London session which could lead the price lower in today's New York session. The price also broke below the previous low and printed a new one on the chart, which shows the sellers are coming into the market. The long term trend is still down as the short term moving averages (10 and 20 period) are still below the long term moving averages (50,100 and 200 period). Note that the Parabolic SAR indicator and MACD also support the move lower which adds fuel to the bears. The volatility also increased along with the breakdown of the inside bar candlestick pattern which is good for sellers. On the flip side, the Stochastic indicator is showing the price is oversold which may cause it to take a break before proceeding lower. With most of the indicators suggesting the price will continue the downside movement, we could potentially have great selling opportunities in today's New York session.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out