ZAR/JPY Up 8 Pips Over Past 4 Hours, 2 Day Down Streak Broken; Pin Bar Pattern Appearing on Chart

ZAR/JPY 4 Hour Price Update

Updated April 03, 2020 12:53 AM GMT (08:53 PM EST)

The back and forth price flow continues for ZAR/JPY, which started the current 4 hour candle off at 5.8499, up 8 pips 1.33% from the previous 4 hours. For context, observe that the previous 4 hours were noteworthy in the sense that ZAR/JPY bested all 40 of the assets in the Forex class.

ZAR/JPY End of Day Recap

Updated 00:30 GMT (04:30 EST)

The back and forth price flow continues for ZAR/JPY, which started today off at 5.842613977488, up 0 pips 0.08% from the previous day. Relative to other instruments in the Forex asset class, ZAR/JPY ranked 19th the previous day in terms of percentage price change. Let’s take a look at price chart of ZAR/JPY.

ZAR/JPY Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 7 out of the past 14 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!