NZD/JPY – Currency exchange rate forecast 20.08.2019 : the downside prevails as long as 68.30 is resistance

NZD/JPY - Currency exchange rate forecast 20.08.2019 : the downside prevails as long as 68.30 is resistance

Alternative scenario: the upside breakout of 68.30 would call for 68.50 and 68.61.

68.30 is our pivot point.

Our preference: the downside prevails as long as 68.30 is resistance.

Alternative scenario: the upside breakout of 68.30, would call for 68.50 and 68.61.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 68.30 and 68.33).

Supports and resistances:

68.61 **

68.50 *

68.30 **

68.22

68.14 last

67.90

67.78 **

67.66 *

67.54 **

NZD/JPY Currency exchange rate forecast 16.08.2019: the upside prevails as long as 68.24 is support

NZD/JPY Currency exchange rate forecast 16.08.2019: the upside prevails as long as 68.24 is support

Alternative scenario: the downside breakout of 68.24 would call for 68.04 and 67.93.

68.24 is our pivot point.

Our preference: the upside prevails as long as 68.24 is support.

Alternative scenario: the downside breakout of 68.24 would call for 68.04 and 67.93.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 68.35 and 68.33).

Supports and resistances:

69.05 **

68.93 *

68.81 **

68.69

68.44 last

68.32

68.24 **

68.04 *

67.93 **

NZD/JPY Currency exchange rate forecast 13.08.2019: the downside prevails as long as 68.05 is resistance

NZD/JPY Currency exchange rate forecast 13.08.2019: the downside prevails as long as 68.05 is resistance

Alternative scenario: the upside breakout of 68.05 would call for 68.25 and 68.37.

Our pivot point stands at 68.05.

Our preference: the downside prevails as long as 68.05 is resistance.

Alternative scenario: above 68.05, look for 68.25 and 68.37.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 67.93 and 67.91).

Supports and resistances:

68.37 **

68.25 *

68.05 **

67.97

67.87 last

67.63

67.51 **

67.39 *

67.27 **

NZD/JPY – Currency exchange rate forecast 07.08.2019: technical rebound towards 68.78 before a new drop

NZD/JPY - Currency exchange rate forecast 07.08.2019: technical rebound towards 68.78 before a new drop

Alternative scenario: above 68.78, look for 68.98 and 69.10.

Our pivot point stands at 68.78.

Our preference: technical rebound towards 68.78 before a new drop.

Alternative scenario: the upside breakout of 68.78, would call for 68.98 and 69.10.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair stands above its 20 MA (68.31) but below its 50 MA (68.56).

Supports and resistances:

69.10 **

68.98 *

68.78 **

68.70

68.52 last

68.27

68.15 **

68.03 *

67.91 **

NZD/JPY – Currency exchange rate forecast 03.07.2019: as long as 72.11 is support look for 72.68

NZD/JPY - Currency exchange rate forecast 03.07.2019: as long as 72.11 is support look for 72.68

Alternative scenario: the downside breakout of 72.11 would call for 71.90 and 71.77.

Our pivot point is at 72.11.

Our preference: as long as 72.11 is support look for 72.68.

Alternative scenario: the downside breakout of 72.11 would call for 71.90 and 71.77.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 72.21 and 72.05).

Supports and resistances:

72.93 **

72.80 *

72.68 **

72.55

72.29 last

72.19

72.11 **

71.90 *

71.77 **

NZD/JPY – Currency exchange rate forecast 01.07.2019: the downside prevails as long as 72.50 is resistance

NZD/JPY - Currency exchange rate forecast 01.07.2019: the downside prevails as long as 72.50 is resistance

The MACD is below its signal line and negative.

Our pivot point is at 72.50.

Our preference: the downside prevails as long as 72.50 is resistance.

Alternative scenario: above 72.50, look for 72.72 and 72.84.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 72.43 and 72.57).

Supports and resistances:

72.84 **

72.72 *

72.50 **

72.42

72.33 last

72.06

71.93 **

71.81 *

71.68 **

NZD/JPY – Currency exchange rate forecast 28.06.2019: the upside prevails as long as 72.20 is support

NZD/JPY - Currency exchange rate forecast 28.06.2019: the upside prevails as long as 72.20 is support

The MACD is positive and above its signal line.

72.20 is our pivot point.

Our preference: the upside prevails as long as 72.20 is support.

Alternative scenario: below 72.20, expect 71.99 and 71.86.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 72.33 and 72.24).

Supports and resistances:

73.04 **

72.91 *

72.78 **

72.66

72.40 last

72.28

72.20 **

71.99 *

NZD/JPY – Currency exchange rate forecast 19.06.2019: the downside prevails as long as 70.82 is resistance

NZD/JPY - Currency exchange rate forecast 19.06.2019: the downside prevails as long as 70.82 is resistance

Alternative scenario: the upside breakout of 70.82 would call for 71.03 and 71.15.

Our pivot point stands at 70.82.

Our preference: the downside prevails as long as 70.82 is resistance.

Alternative scenario: above 70.82, look for 71.03 and 71.15.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 70.71 and 70.76).

Supports and resistances:

71.15 **

71.03 *

70.82 **

70.74

70.66 last

70.40

70.28 **

70.16 *

70.03 **

NZD/JPY – Currency exchange rate forecast 17.06.2019: the downside prevails as long as 70.68 is resistance

NZD/JPY - Currency exchange rate forecast 17.06.2019: the downside prevails as long as 70.68 is resistance

Alternative scenario: above 70.68, look for 70.89 and 71.01.

Our pivot point stands at 70.68.

Our preference: the downside prevails as long as 70.68 is resistance.

Alternative scenario: the upside breakout of 70.68, would call for 70.89 and 71.01.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 70.61 and 70.61).

Supports and resistances:

71.01 **

70.89 *

70.68 **

70.60

70.51 last

70.26

70.13 **

70.01 *

69.89 **

NZD/JPY – Currency exchange rate forecast 11.06.2019: rebound towards 71.83

NZD/JPY - Currency exchange rate forecast 11.06.2019: rebound towards 71.83

Alternative scenario: the downside breakout of 71.25 would call for 71.04 and 70.92.

Our pivot point is at 71.25.

Our preference: rebound towards 71.83.

Alternative scenario: below 71.25, expect 71.04 and 70.92.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 71.48 and 71.58).

Supports and resistances:

72.08 **

71.95 *

71.83 **

71.70

71.42 last

71.34

71.25 **

71.04 *

70.92 **