USD/JPY : trading at 8 month high
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
NZD/USD: dropping to September lows?
Information is not investment advice
The New Zealand dollar has been going down since Monday. It crossed the Moving Averages downwards, breaking through the ranges of 0.66 that were guarding October lows. Now, it is facing September lows.
On the H4 chart, we have 0.6550 supporting the price movement. Currently, the pair is testing this threshold, and noting the intensity with which bears have been dragging it downwards, it is pretty likely we will see that crossed. If and once we do, prepare to watch for 0.6530. But before – make sure you are also prepared for a possible reversal at 0.6550: to track it, watch the reversal chart and candlestick formations!
Gaspar Markosyan
Similar
Japanese Yen skyrockets as risk off gains momentum
Ichimoku Kinko Hyo NZD/JPY: The pair is trading below the cloud…
AUD/JPY : climbs to fresh three-year high as the yen comes under pressure again
Ichimoku Kinko Hyo CHF/JPY: The pair is trading above the cloud…
Popular
Tesla: two reasons why it dropped
Tesla dropped amid the wider stock sell-off and by that erased all its gains for this year. Is it a good time to buy it or not yet?
USD/JPY : trading at 8 month high
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Japanese Yen skyrockets as risk off gains momentum
Ichimoku Kinko Hyo NZD/JPY: The pair is trading below the cloud…
Choose your payment system
