NZD/JPY BUY IDEAHey tradomanics,
the previous consolidation seems to be done as JPY could show more weakness due to rising yields.
The structure and volume for NZD/JPY looks pretty bullish to me and I`d look for a breakout above the current correction in order to follow the primary trend.
A flat-type-correction is always a good sign for accumulation and could soon cause bullish momentum! A risk-on-sentiment is btw. often good for NZD as a high-yield-currency!
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Peace and good trades
Irasor
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Nzdjpylong
NZDJPY BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY GOOD LUCK! Great BUY opportunity NZDJPY .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
NZD/JPY +100 Pips Now And New Update Available 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 Hit First Target +90 Pips New Entry Added In This Video To Who Missed The First One
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 facing bullish pressure | 30 Mar 2021Prices are facing bullish pressure from horizontal pullback support which coincides with 100% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push higher towards our take profit which is a horizontal swing high resistance and coincides with 161.8% Fibonacci extension . If prices fall through our buy entry, prices might take support from horizontal swing low support which coincides with 161.8% Fibonacci retracement and 61.8% Fibonacci retracement . EMA is also below prices, showing a bullish pressure on prices.
NZD/JPY New Setup With 1:7 Risk Reward 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 Buy!! Going up!!Hello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity NZDJPY .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
NZDJPY bullish setup on DailyHi Traders,
This is my view on this cross for the next few days.
#NZDJPY
BUY 77.87
SL 76.64
TP 80
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Trading Kitchen
NZDJPY - Bullish BiasNZD - BULLISH
1️⃣ RBNZ Governor Adrian Orr noted that the central bank is in a "sound position" to continue to meet its mandate amid the economic shocks from COVID-19.
JPY - BEARISH
1️⃣ Investors remained optimistic about a relatively faster US economic recovery from the pandemic amid the progress on COVID-19 vaccinations and a massive US fiscal spending plan.
2️⃣ Prime Minister Suga Yoshihide says he is considering extending a coronavirus state of emergency in the Tokyo region for about two weeks because of concerns that infections have not slowed enough and are continuing to strain medical systems in the region.
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Technical
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We are buying the NZDJPY on RBS + above SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
NZDJPY - Bullish BiasNZD - BULLISH
1️⃣ Sentiment was boosted after the Global Dairy Trade’s price index surged 15% compared to the previous auction, its eighth consecutive price rise as whole milk powder prices rose 21% to a seven-year high.
2️⃣ New Zealand’s central bank is in no rush to tighten monetary policy, assistant governor Christian Hawkesby said on Tuesday, as he sought to temper market speculation of a quicker end to stimulus and a move towards a hike in interest rates.
JPY - BEARISH
1️⃣ Japan’s services sector extended declines for the 13th consecutive month in February as business activity was hit by curbs put in place to stop the spread of the coronavirus pandemic.
2️⃣ Local 10-year bonds also eased to 0.12% while the US 10-year rate ticked higher to 1.407%.
3️⃣ Positive risk tone weighing on the safe-haven JPY.
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Technical
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We are looking to buy the NZDJPY at support + above SMA 50 on the H1 chart.
NZDJPY - Bullish BiasNZD - BULLISH
1️⃣ New Zealand reported no new cases reported in the community on Monday as Auckland remains at COVID-19 alert level 3 and the rest of country is at alert level 2.
2️⃣ New Zealand’s terms of trade climbed 1.3% on quarter in Q4 2020.
JPY - BEARISH
1️⃣ Bets of a faster economic recovery in the United States and tracking US 10-year bond yields as they remained elevated at 1.415%.
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Technical
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We are looking to buy the NZDJPY on the RBS + above SMA 50 on the H1 chart.
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The risk to this trade
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A change in risk tone could turn the pair to the downside.