NZDJPY is trading in a long term bullish trend. The price broke and closed above a key daily resistance this week. After a breakout, the price started a correctional movement within a bullish flag pattern on 4h time frame. Retesting the broken structure, the price bounced and violated the resistance of the flag. It will most likely trigger a trend-following...
NZDJPY is on neutral 1D technicals (RSI = 50.536, MACD = 0.110, ADX = 26.358) as the price is consolidating after a rebound on the 1D MA50. The rejection on the R1 Zone, is technically the Head of the Head and Shoulders pattern, a bearish formation seen on market peaks. This rebound is forming the Right Shoulder. With the 1D RSI on Higher Lows for the whole year,...
Good Day. i've had my eyes on NZDJPY for a Long time now. i'm looking at a potential Bullish reversal at the Support level which has a Demand Zone on H8 TF. Price has been at this zone for about 24 hours with multiple Exhaustion Candles and now we have a potential Bullish which may serve as a potential Confirmation for Entry for a BUY!
Hey Traders! 👋 For Day 14/100 of our challenge, we will look at NZDJPY upside potential It is a simple break and retest setup Break of 86 high > created a higher-high 87.3 > Retest to 85 daily resistance and 62% fib > target higher resistance Long thesis is invalid once 84 level is broken Simple technical outlook today. Have a great day ahead 🥂
In my trading strategy, I analyze eight custom currency indexes on the 30-minute time frame to capture short-term market movements. I utilize pivot points, Exponential Moving Averages (EMAs), and various technical analysis techniques to develop a bullish or bearish bias for each currency. By examining the interactions between these indicators and price action, I...
Potential Wave 5 Retracement. Wave 5 looks to be close to being complete. Looking for a retracement or pullback anywhere between 15-50% of the fibonacci retracement. Not advice.
The NZDJPY pair has been on a strong rebound ever since the April 26 hit on the 1W MA100 (red trend-line), which has been the major long-term Support. Even though it got rejected on the 85.265 Resistance, as long as the 1D MA50 (blue trend-line) holds, we will be bullish targeting the bottom of the Resistance Zone at 86.500. The 1W RSI is printing a pattern...
The NZDJPY is testing a local resistance zone that has been tested as a support 5 times before. Moreover, the zone includes a Fibonacci level of 38.20, a descending trendline, and the 4-hour 50-period moving average. All of these factors make a strong case for a possible downward reversal, with a potential next target of...
NZDJPY - 19h expiry - We look to Buy at 81.75 (stop at 81.00) Previous support located at 82.00. Previous resistance located at 82.50. Price action has continued to trend strongly lower and has stalled at the previous support near 81.50. Price action looks to be forming a bottom. Dips continue to attract buyers. Our profit targets will be 83.25 and 83.50...
Hey traders, in tomorrow's trading session we are monitoring NZDJPY for a buying opportunity around 83.2 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hi viewers, NZDJPY in next days higher bounce on zone continuation expected TP1: 85.350 (80) TP2: 85.700 (115) TP2: 86.000 (145)
We take entry at lower time frame, Goodluck! Trying to come back to Chart publications again.
NZDJPY - 24h expiry - We look to Sell at 85.00 (stop at 85.75) Previous support located at 84.00. Previous resistance located at 84.50. We expect a reversal in this move. Risk/Reward would be poor to call a sell from current levels. A move through 84.00 will confirm the bearish momentum. Our profit targets will be 82.50 and 82.00 Resistance: 84.50 /...
#NZDJPY Rising Wedge Downside Breakout in Weekly Timeframe.. Expecting +1000-1200 PIPs Bearish Wave in Midterm..📉 Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
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 /...
I expect a further correction, a breakout of the drawn support line and a downward move. TP around 86.00, which is about 100 pips GG P.S. This is of course not financial advice, just my idea.
📈NZD/JPY Don't Miss This Opportunity 📈Post is a direct continuation of my previous post in which I announced the increases: 📈Nothing has changed since then I still expect rises. 📈Only the last week has increasingly started to confirm the realisation of my scenario hence my update. 📈All zones are described in the previous post. 📈The scenario I am playing out...
NZDJPY - Intraday - We look to Buy at 85.50 (stop at 84.85) Previous support located at 86.00. Previous resistance located at 86.50. Further upside is expected although we prefer to set longs at our bespoke support levels at 85.50, resulting in improved risk/reward. A move through 86.50 will confirm the bullish momentum. Our profit targets will be 87.00 and...