Hey traders, in tomorrow's trading session we are monitoring NZDJPY for a selling opportunity around 86.3 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
New Zealand Dollar/Japanese Yen is running inside the resistance lines. Also, it can make a Bearish AB=CD Harmonic pattern in my PRZ(Price Reversal Zone). I expect that New Zealand Dollar/Japanese Yen will go down at least to the Trend line and support zone. 🔅New Zealand Dollar/Japanese Yen Analyze (NZDJPY) Timeframe 4H⏰. Do not forget to put Stop loss for...
The NZDJPY has been trading in a horizontal range with a brief break towards the upside being resisted by the 85.65 price level. As NZDJPY reverses from the 85.65 level to trade lower, look for price to reach the next key support level at 84.40. Further downside would require the NZDUSD to weaken significantly, which could be unlikely. If price breaks below...
NZDJPY - Intraday - We look to Sell at 84.91 (stop at 85.31) Signals are mixed but remain mildly bearish with an short-term timeframe highlighting an exhaustion count. We look for a temporary move higher. Prices expected to stall near trend line resistance. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 84.01...
Hey traders, in the coming week we are monitoring NZDJPY for a selling opportunity around 84.8 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
The NZDJPY pair has been trading sideways within a Resistance and Support Zone since the June 08 High, using the 1D MA50 (blue trend-line) as the pivot. The longer it does though, the more the MACD on the 1W time-frame is losing momentum and we may see a strong move downwards. In fact this pattern resembles the March - June 2021 sequence that eventually broke...
NZDJPY SHORT Why are we entering? - Expecting JPY strength and NZD weakness - Price is approaching our trendline, structure level - We are currently forming our 335 correction What are we waiting for to happen? - Rejection of trendline & structure level - Break of WFB trendline Entry SAFE Entry: Rejection of trendline, structure and a break of WFB...
Hey traders, in today's trading session we are monitoring NZDJPY for a selling opportunity around 85 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (84.44). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (84.44). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as...
Hey traders, in today's trading session we are monitoring NZDJPY for a selling opportunity around 84.9 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
NZDJPY on the daily chart is currently testing the weekly support after a few rejections by the strong descending trendline at the highs. The market right bounce today to the upside to gain the strength for a break below. How can i approach this scenario? I will wait for a potential break of the support area and in that case i will look for a nice short order...
NZD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Despite the RBNZ being one of the most hawkish central banks from 2021, it hasn’t been enough to provide any meaningful trending support for the NZD. The cyclical concerns for the global economy, alongside concerns from China regarding their struggles with their covid-zero policy as well as recent big falls in...
NZDJPY - Intraday - We look to Sell at 84.26 (stop at 84.88) The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Current price action faces resistance at the 50% Fibonacci retracement level of the 86.59-82.15 move. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our...
This can reverse in 70 PERIODS SMMA Strong bear trend help LIKE AND COMMENT
NZD/JPY is going to short. Here is why: 1- Price has broken upward trendline, possibly going to retest it. 2- We can see RD- in RSI indicator, showing us a possible trend reversal. also RSI upward trendline has broken. 3- Triple Top pattern. Invalidation: IF price breaks and stays above 87.00. If you like it then Support us by Like, follow and share. Thanks For...
NZDJPY - Intraday - We look to Buy at 84.43 (stop at 83.98) A sequence of intraday higher highs and lows has been posted. This is positive for sentiment and the uptrend has potential to return. Buying pressure from 84.36 resulted in prices rejecting the dip. Further upside is expected. We look to buy dips. Our profit targets will be 85.59 and 86.00 ...