website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast New Zealand Dollar / Japanese Yen technical chart
Symbol NZDJPY

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (86.579 to 87.336). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (86.579)
  • Ending of entry zone (87.336)

DateSeptember 25, 2022 - 13:42
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 84.249 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • A peak is formed in daily chart at 87.850 on 09/12/2022, so more losses to support(s) 82.154, 80.519, 79.434 and more depths is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 29.

Take Profits:

  1. 85.593
  2. 84.249
  3. 83.033
  4. 82.154
  5. 80.519
  6. 79.434
  7. 78.080
  8. 76.610
  9. 75.282
Click on the level to view price action history.