NZDJPY facing bearish pressure | 28 July 2021

NZDJPY is approaching the sell entry at the 76.516 level in line with the horizontal overlap resistance, 38.2% Fibonacci retracement, and the 100% Fibonacci extension level. We can expect the price to take support at the 75.768 level in line with the 78.6% Fibonacci extension and 78.6% Fibonacci retracement level. Our bearish bias is further supported by how price is holding below the EMA.

Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Chart PatternsForexforexsignalsHarmonic PatternsjpyNZDNZDJPYTrend Analysis

Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
更多:

免責聲明