NZDJPY RangeCurrently, the price is ranging within a certain range, however, the trendline has been broken which suggests that a downward move may be more probable. It is important to note that trendlines are a visual representation of support and resistance levels and the break of a trendline can indicate a change in the market trend. In this case, traders should be cautious and closely monitor the price action for further confirmation of a downward trend. It may also be useful to consider other technical indicators and fundamental analysis to make informed trading decisions.
NZDJPY
NZDJPY | Rising Wedge Downside Breakout..!!
#NZDJPY Rising Wedge Downside Breakout in Weekly Timeframe..
Expecting +1000-1200 PIPs Bearish Wave in Midterm..📉
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🎁BUY NZDJPY at the best price and get +150 pips profit💰🔰You can see the analysis of the New Zealand dollar to Japanese yen currency pair in 30 minute time frame (NZDJPY_ 30min) 🔍🧨
💥Considering that the price has been able to break the Down trend line🖤 and also the existence of an unconventional shadow🖤, if the price can reach Support🧡 again, it can rise🔺 to Resistance🧡
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
______📈TRADER STREET📉______
NZDJPY potential short ideaNZDJPY short idea
The price has broken two resistance lines 1. 83.80 (the price at which rejections happened in 4 hour chart) 2. Ascending channel (1 hour chart).
Entry
1. Will await the price to retest 83.80 and wait for confirmation
2. TP1 82.60 (120pips) TP2 81 (280pips)
3. SL 84.30 (50pips)
4. News (No NZD or JPY related news, but US non-farm employment change on Thursday/Friday)
NZDJPY - Retracement expected ✅Hello traders!
‼️ This is my analysis on NZDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement after rejecting from bullish orderblock. I see price to fill that huge imbalance.
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NZDJPY: The Next Bearish Wave 🇳🇿🇯🇵
Hey traders,
NZDJPY broke and closed below a major wide demand cluster on a daily.
The broken structure 83.8 - 85.0 turned into resistance now.
It looks like the pair is quite oversold at the moment.
The market will most likely retrace to the underlined area
and a bearish wave will initiate then.
Goal will be a rising trend line, matching the last higher lows.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY
By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. JPY may be somewhat WEAK in the next few days.
However, NZDJPY should be slightly BUY with upcoming JPY WEAKNESS.
Anyway, if the PRICE falls back on the NZDJPY MAIN SUPPORT LINE, you can BUY if the MARKET RISK ON continues. And 81.42 LEVEL can be SELL temporarily. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF.
Anyway, after that, you can definitely BUY at 86.14 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK.
NZDJPY: Bearish Continuation 🇳🇿🇯🇵
NZDJPY broke and closed below a major demand cluster:
83.8 - 85.0 area turned into resistance now.
I believe that the pair will keep falling.
Next goal for sellers - major rising trend line.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDJPY , SHORT Resault: 400 pips✅According to the structure of the chart and the beautiful pullback to upward trend line we can get a short-selling position until the green range and reaching the target.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
nzdjpy shortAccording to the structure of the chart and the beautiful pullback to upward trend line we can get a short-selling position until the green range and reaching the target.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
Buying NZDJPY at swing lows.NZDJPY - 21h expiry - We look to Buy at 85.75 (stop at 85.10)
Previous support located at 86.00.
Previous resistance located at 87.00.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 87.25 and 87.50
Resistance: 87.00 / 87.25 / 87.50
Support: 86.00 / 85.75 / 85.25
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Buying NZDJPY at swing low.NZDJPY - 22h expiry - We look to Buy at 85.75 (stop at 85.10)
Previous support located at 86.50.
Previous resistance located at 87.00.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Risk/Reward would be poor to call a buy from current levels.
A move through 87.00 will confirm the bullish momentum.
Our profit targets will be 87.25 and 87.50
Resistance: 87.00 / 87.25 / 87.50
Support: 86.00 / 85.75 / 85.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.