NZDJPY
JPY Pairs at Key Resistance Overview
Most Yen pairs are at or nearing key resistance on daily, weekly, and monthly time-frames.
The Details
The Yen continues to weaken against global currencies due to negative interest rates set by the Bank of Japan (BOJ) and higher interest rates from the RBA, RBNZ, ECB, BOE, SNB, FED, etc.
The BOJ are edging closer to changing rates to zero or positive. This could strengthen the Yen, or at least stabilise the JPY selling.
The BOJ may intervene in the FX rate if JPY continues to weaken further, meaning possible JPY bullish volatility.
The Technicals
AUDJPY at weekly horizontal channel resistance
CHFJPY at monthly bullish channel resistance
GBPJPY nearing monthly horizontal resistance
NZDJPY at monthly horizontal resistance
SGDJPY at daily horizontal resistance and nearing previous daily trend support as resistance
USDJPY around weekly horizontal resistance
NZDJPY H1 | Potential bullish reversalNZD/JPY is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target.
Entry: 92.989
Why we like it:
There is an overlap support level
Stop Loss: 92.646
Why we like it:
There is a pullback support level
Take Profit: 93.358
Why we like it:
There is a pullback resistance level
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NZDJPY has potentials to go higherWith my 4 hr analysis, I spotted a significant uptrend and price making a pullback after the initial break of structure. in the smaller timeframe, it showed a bullish flag pattern also indicating the presence of bullish precision. we are to enter a buy once top line is broken but aggressive buyers can enter now.
NZDJPY Trading Plan: Bearish Shark Pattern RetestIn our NZDJPY analysis, we are observing a potential shorting opportunity on the 1-hourly chart. Here are the details:
1. Setup: Bearish Shark Pattern Retest
2. Timeframe: 1-Hourly Chart
3. Key Level:
- Entry Point: Bearish Shark Pattern Retest at 92.07
The Daily Chart reveals a Bearish Gartley Pattern at X with RSI Divergence, suggesting a potential bearish move. On the 1-hourly chart, the Bearish Shark Pattern provides an additional layer of confirmation for a shorting opportunity.
Feel free to share your insights, and let's navigate this market together.
NZDJPY My Opinion! SELL!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The instrument tests an important psychological level 91.986
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 91.306
Recommended Stop Loss - 92.366
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
NZDJPY: Expecting Bearish Movement! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDJPY chart which, if analyzed properly, clearly points in the downward direction.
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NZD/JPY BEARS ARE STRONG HERE|SHORT
Hello,Friends!
NZD/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 90.483.
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nzdjpy tripple bottom on support line bounced of fibit had a nice run to the swing high, it had a correction to the .618 fib which is a healthy retest showing bullish behavior for a continuation
the adx lowered out and is now recovering showing we should be able to resort to trend following tactics soon
NZDJPY to find buyers at current support?NZDJPY - 24h expiry
Trading within a Bullish Channel formation.
Dips continue to attract buyers.
The hourly chart technicals suggests further downside before the uptrend returns.
A lower correction is expected.
Bespoke support is located at 91.30.
We look to Buy at 91.30 (stop at 91.00)
Our profit targets will be 92.05 and 92.25
Resistance: 91.90 / 92.20 / 92.40
Support: 91.30 / 91.00 / 90.70
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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Risky Long Setup On NZD/JPY To Get 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDJPY: Bullish Trend Will Continue 🇳🇿🇯🇵
NZDJPY is trading in a long-term bullish trend.
The price has recently set a new higher high higher close on a daily.
We see a correctional movement at the moment.
I believe the growth will resume soon.
Next resistance - 92.0
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NZDJPY in a daily uptrendNJ currently experiencing an uptrend on a daily basis but has been going sideways for some time on the four-hour chart (h4). It is possible that NJ might look for the bottom yellow line before continuing its upward trend. However, ultimately, NJ is expected to move towards the North direction. The trades I made at this point are debatable, and this decision might cost me some swaps on my demo account.
JPY 1D Outlook for next week JPY 1D Outlook for next week
Currently JPY running with Descending channel and still on path correctly. Already broke the 4H Support level 754.4 and continues bear market.
Analyze recommend to open buy order with All JPY pairs according to strong side. ( USDJPY Didn't recommend till CPI )
Key levels D1
Pressure level located | 767.3 | 774.6
Support level located | 748.2 | 744.6
NZDJPYThe analysis of the pair signals an approaching correction around 800 points. In this connection my recommendations look as follows.
Recommendations.
1. Close all medium-term long positions right now and start short positions.
2. Pay attention to the swap on short positions at your broker.
3. Get into a short position from the following levels: 92,28; 92,60
4. Target 800 pips.
NZDJPY: Bearish Forecast & Bearish Scenario
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDJPY chart which, if analyzed properly, clearly points in the downward direction.
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NZDJPY Trading Opportunity! SELL!
My dear followers,
I analysed this chart on NZDJPY and concluded the following:
The market is trading on 90.358 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 90.015
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Buy NZDJPY Bullish ChannelThe NZD/JPY pair on the M30 timeframe presents a potential buying opportunity due to a well-defined bullish channel pattern. This pattern suggests ongoing upward momentum and a higher likelihood of further advances in the coming minutes or hours.
Key Points:
Bullish Channel: The price has been trading within an upward-sloping channel defined by two converging lines: a rising support line and a rising resistance line. This ongoing uptrend signals continued buying pressure.
Buy Entry: Consider entering a long position around the current price of 90.05, which sits close to the channel support. This could offer an entry point near a potential continuation of the upward move.
Target Levels: Initial bullish targets lie at the resistance levels of 90.73 and 91.06, marking previous resistance zones within the channel.
Stop-Loss: To manage risk, place a stop-loss order below the support line of the broken channel, around 89.85. This helps limit potential losses if the price reverses and breaks back down.
Thank you
NZDJPY M30 / Short Trade Opportunity 💲Hello Traders!
- SHORT TRADE EXECUTION -
This is my idea related to NZDJPY M30. I see that the trend is going bearish, and I expect that the PDL or BOSS will be taken. My target is the OB level at M30 tf.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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