Get started
SimpleFinancialMgtCommunity

NZDJPY - A CONTINUATION OF UPTREND!!!

Long
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
SimpleFinancialMgtCommunity Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Fibonacci Moving Averages Multiple Time Frame Analysis
0
0
fibonacci movingaverage mtfa
20220517 - 2217H: Price bounce off FIBO61.8 & EMA. Expecting a continuation of the uptrend. Price reach the DKL @82.478, thus expecting a pullback before moving to the upside. Will look out for a setup @82.00.
Comment:
20220522 - 2254H: Although the pullback was stronger than expected, Risk on sentiment remains positive. Price has posed a short term cyclicity. The only available HiMAC setup was on 19MAY 1800H.

20220530 - 0205H - The pullback to trend line and FIBO50 was anticipated before the upside move, however there was a spike in the price level due to the NZD policy statement of interest rate increase. As always, price moved to the initial levels before moving towards the anticipated upside.
Comment:
20220606 - 0002: A small pullback to 84.40 would be expected before heading towards the WKL @87.214. Let's go...!!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.