NZDJPY Potential Short Signal Update

FX:NZDJPY   New Zealand Dollar / Japanese Yen

Previous analysis:

Please see original analysis linked below for in-depth explanation of our short bias.

We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the downside with a chance prediction of 85% or higher. Currently our algorithm is predicting continued movement to the upside with a chance prediction of 91%, but we will continue to monitor price action and the updates from our algorithm.

See the link below for an image of our algorithm's forecast for this pair.
any update on the chart after todays fall will ths continue and any down target
+1 Reply
FeroxWealth tkarthi1
We will post an update tonight likely... We need to see price break below the short-term up tend.
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