OANDA:NZDJPY The 1h has broken its bearish countertrend structure on the overall bullish structure of the daily, 4h and weekly tie frames. Price made a pullback to 90.366 Daily support making it a great area to look for buys
OANDA:NZDJPY Weekly, Daily, 4H timeframes are bullish overall. Price retraced to 61,8% Fibonacci retracement level and 90.192 Daily key support area creating a strong confluence. a bullish engulfing candlestick on the 1h is my confirmation to buy
OANDA:NZDJPY Overall structure based on the weekly, daily, 4h and 1h is bullish with price having broken above the 90.500 daily resistance and retesting as 90.500 daily support with price also retracing at 38,2% Fibonacci retracement level at the same 90.500 daily support. The bullish engulfing candlestick on the 4h is an overall strong confirmation to go long on NZDJPY
Review of Elliott's analysis: We are at the end of wave e of a triangle, which is the beginning and formation of wave a from a triangle, and will be the beginning of wave b, which will reverse all wave a. A triangle will be formed in wave b as well as wave a
yesterday NZDJPY made strong bull candle so tody i will take entry based on it.
Hello Traders! This is my idea related to NZDJPY H4. We can see a new Weekly High (WH) and now I expect a retracement until the resistance level, considering this move a good opportunity to execute a short trade. 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...
Expecting NZDJPY to provide a short term rally for the upside towards a target of 90.40 level with a defined stoploss and entry level in the charts over all a bearish mode will develop once we swept 90.40 buystops and resume the market maker sell model. Regards Rizwan Ali Accel Equity( Mark of Core Research )
Strong support and demand area It is possible to retest and go up
New Zealand's manufacturing PMI, also known as the BNZ BusinessNZ Manufacturing Performance Index, jumped from 42.9 points in October to 46.7 points in November and hit a 6-month peak, but is still in the range narrowed and was the 9th consecutive month below 50 points.
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect bullish price action from here as price rejected from bullish order block + institutional big figure 88.000. Like, comment and subscribe to be in touch with my content!
NZD fell during the session, a report from Westpac cut its expectations for Q4 CPI to 3%. If inflation falls rapidly, it would mean the Reserve Bank of New Zealand does not need to keep interest rates 'higher for longer' and would therefore cut support for the NZD. In addition, the Tankan Q4 report includes a survey of thousands of Japanese companies of all...
NZDJPY - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. Further upside is expected. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a buy from current levels. A move through 89.50 will confirm the...
The NZDJPY has been trending bullish recently, reflecting robustness in the New Zealand dollar juxtaposed with weakness in the Japanese yen. This video delves into a possible trade opportunity, exploring scenarios within both the 4H and 1H timelines. It offers insights into price action, market structure, trend analysis, and crucial technical aspects. It's...
Hello guys, Here is my idea on NZD JPY for long position Reason for this trade. 1: A bounce from Support level 2: Fib Retracement level 3: LH market structure was broken and the market is currently retesting it. 4: The market formed a demand level that broke the LH market structure which give us a sign for upward movement. First Trade will be executed at...
Here is my analysis for NZDJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
OANDA:NZDJPY Overall structure on NZDJPY is bullish. a support level has been established around 90.496 on the 1h with there being multiple touches and rejections with price failing to break below 90.496. a bullish engulfing candlestick is my confirmation to continue bullish run on NZDJPY
OANDA:NZDJPY Overall structure on NZDJPY is bullish. a support level has been established around 90.496 on the 1h with there being multiple touches and rejections with price failing to break below 90.496. a bullish engulfing candlestick is my confirmation to continue bullish run on NZDJPY
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade