Don't miss the great buy opportunity in NZDJPY Long

New Zealand Dollar/Japanese YenFXCM

Description

⋅ Mar 27, 2020 7:33 PM

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (64.82). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.

Take Profits:
TP1= @ 65.90
TP2= @ 66.60
TP3= @ 67.85

SL= Break below S2

Comments

CiaranReid

⋅ Mar 27, 2020 7:49 PM

How do you trade at this time of day in the UK?

ForecastCity

⋅ Mar 29, 2020 2:15 AM

@CiaranReid, This forecast will be valid until the end of Monday

Pro_Trader_007

⋅ Mar 30, 2020 7:14 AM

A bunch of good information. Thanks!

ForecastCity

⋅ Mar 30, 2020 11:50 AM

@Pro_Trader_007, You're welcome. We hope you enjoy it.

declank

⋅ Mar 29, 2020 2:24 PM

I agree, this is trending up. I'm really impressed with your guidance so far.

How can I get notifications of your ideas? Telegram?

Cheers, Dec

ForecastCity

⋅ Mar 30, 2020 11:52 AM

@declank, Thanks for your comment. If you would like to join our channel on Telegram use: @forecastcity_com

arshyatm

⋅ Mar 30, 2020 1:40 PM

hi
should we widen our stoploss ?

ForecastCity

⋅ Mar 30, 2020 1:43 PM

@arshyatm, Sorry, We do not provide a private consultant, please use the published ideas to know more about our technical analysis, forecasts or trading opportunities.
Also, to read about Trend Hunter Strategy visit our website.
forecastcity.com

arshyatm

⋅ Mar 30, 2020 5:15 PM

@ForecastCity, but can you update your idea ?

ForecastCity

⋅ Mar 30, 2020 5:59 PM

@arshyatm, Sure. Please visit our website for the latest "Weekly Forecasts", "Intraday Forecasts" and "Daily Trading Opportunities".