NZDJPY
Bearish reversal?NZD/JPY is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit.
Entry: 91.54
Why we like it:
There is a pullback resistance level.
Stop loss: 92.98
Why we like it:
There is a resistance level at the 127.2% Fibonacci extension and the 61.8% Fibonacci retracement.
Take profit: 89.59
Why we like it:
There is an overlap support level that is slightly below the 23.6% Fibonacci retracement.
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NZDJPY - 4hrs ( Buy Trade Target Range 300 PIP ) 🟢Pair Name : NZD/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
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🟢Key Technical / Direction ( Long )
Type : Mid Term Swing
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✅Bullish Break
90.250 Area
Reasons
✅- Major Turn level
✅- Visible range Poc
✅- Triangle Break Out
✅- FIxed Range Poc
✅- Quarter low Break
✅Bearish Reversal
93.500 area
Bearish reversal?NZD/JPY is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as an overlap support.
Pivot: 91.30
1st Support: 88.64
1st Resistance: 92.80
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Trade idea - NZJPY Short4H
Bearish impulse / break of last HL: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone + -27 Fibonacci completion aligning with entry zone.
= Sell limit.
Bearish Fake Out flag also there as extra evidence.
NZDJPYNZDJPY price is in a correction period. If the price cannot break through the resistance level of 91.24, it is expected that in the short term, there is a chance that the price will go down. Consider selling in the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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NZD/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
NZD/JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 87.871 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/JPY pair.
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NZD/JPY Short Setup – Trendline Break & Retest - 1:6.5 RRNZD/JPY Short Setup – Trendline Break & Retest
I'm watching the NZD/JPY pair on the 1-hour chart. We've seen a clean break below the ascending trendline, signalling a potential reversal.
I'm looking to enter short on a retest of the broken trendline at 89.590, with a stop loss at 90.100 (-51.4 pips). The setup offers a solid reward-to-risk ratio with multiple take profit levels:
TP1: 88.666 (+92 pips) – where I will move the stop loss to break even.
TP2: 87.580 (+201 pips).
Full TP: 86.273 (+332 pips).
Falling towards major overlap support?NZD/JPY is falling towards the pivot which which is an overlap support and could bounce to the 1st resistance.
Pivot: 88.22
1st Support: 87.15
1st Resistance: 90.24
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZDJPY The Target Is UP! BUY!
My dear followers,
I analysed this chart on NZDJPY and concluded the following:
The market is trading on 86.858 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 88.100
Safe Stop Loss - 86.123
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
Bearish reversal off the 38.2% Fibonacci resistance?NZD/JPY is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which is an overlap support.
Pivot: 88.22
1st Support: 86.65
1st Resistance: 89.27
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZDJPY: Weak Market & Bearish Continuation
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NZDJPY pair which is likely to be pushed down by the bears so we will sell!
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NZD/JPY LONG FROM SUPPORT
Hello, Friends!
NZD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 87.117 area.
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Why NZD JPY is pulling back & setting up for another run!
NZD JPY broke out today in Thursday Asian currency trading.
But like anything in life......you need to take a breather....before setting up and running again.
We feel it has pulled back to a Fib level to attract more buying & with a tiny bit of luck but probably none required.... it will be on the move again.
Heading into 38.2% Fibonacci resistance?NZD/JPY is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which is also an overlap support.
Pivot: 88.22
1st Support: 86.65
1st Resistance: 89.17
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
NZD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 91.562 area.
✅LIKE AND COMMENT MY IDEAS✅
Heading into 38.2% Fibonacci resistance?NZD/JPY is rising towards the pivot and could reverse to the 38.2% Fibonacci support.
Pivot: 89.88
1st Support: 88.23
1st Resistance: 91.03
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZDJPY Expected Growth! BUY!
My dear friends,
NZDJPY looks like it will make a good move, and here are the details:
The market is trading on 89.069 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 89.884
Recommended Stop Loss - 88.645
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK