Please, check our technical outlook for NZDJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 86.907. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 85.991 level. P.S The...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️Please, support our work with like & comment!❤️
Hello,Traders! NZD-JPY was trading in an Uptrend along the rising Support but the a strong Breakout happned, followed By the rebound and now We are seeing the pair Being close to retesting The supply area formed By the supply confluence Of the rising and falling Resistance line so I am Bearish biased and I Think that we will see A bearish move down ...
Im looking for 2 setups here. 1 risky and 1 safe . Of course there is no "safe" setup in forex trading... I will take both trades with 0.5-1%(risky) and 2%(safe) risk, if they get filled. The basic price points: RISKY : Entry at. 86.600 Stop loss: 86.900 Take profit: 83.600 SAFE : Entry: 87.000 Stop loss: 87.200 Take profit: 83.600 I want...
Fast intraday search through my watchlist. You can follow the price with candle confirmation or whatever strategy you have. None of these are 100 %, complete confident analyses.. this market is all about probability .. so try to work on your risk management and self-control.. all the traders in the world can tell for sure what's going to happen or where the price...
With all the excess "liquidity" force down everyone's throat, the world over, this carry trade is no exception. This pair can move 10k pips in a heartbeat when 'it' hits the fan (which ought to be sooner than later). On the long run (full cycle) the NZD is not worth 50 yen! (It is actually much closer to 30, after all is said and done.) With a "live" BoJ meeting...
✅NZD_JPY broke out of the Rising channel so we are now Bearish biased and I think that The pair wil go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZDJPY resistance at 8555/75. Shorts need stops above 8590. Targets: 8520, 8480. CADJPY continues higher as expected but I have not managed to get us in to a long. I should have had us buying on a break above 102.90 so I will use this as a support today. Longs at 102.90/70, stop below 102.50. RBNZ announces 0.25% OCR hike, keeps peak rate forecasts...
A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction
NZDJPY gave us last time (May 05) a very accurate buy signal that hit the target (see chart below) and even broke the 1 year Resistance Zone: The pattern that emerged is a Bullish Megaphone, whose latest Higher Low leg is supported by the 1D MA50 (blue trend-line), having closed all candles above it. As long as it holds, we remain buyers and target Resistance...
NZDJPY is forming a symmetrical triangle on the background that D1 is in the phase of forming a head and shoulders reversal set-up. TA on the high timeframe: 1) A head and shoulders is forming against support at 87.140 and resistance at 88.56. A strong enough pattern for a market reversal. 2) But! Consolidation is forming, which may send the price to 89.00 TA...
My dear subscribers, This is my opinion on the NZD/JPY next move: The price is coiling around a solid key level - 87.454 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Target - 87.932 Safe Stop Loss - 87.191 About Used Indicators: The...
Trend Bullish Momentum bullish Pivozs bullish broken, we will make new Higher Highs If the NZD/JPY breaks the abovementioned price level, the next stop would be the 89.00 psychological level, as the pair gets on its way toward testing the 2015 high at 92.42. Conversely, the NZD/JPY first support would be the May 23 high at 87.31, which, once cleared, would...
✅NZD_JPY is trading inside The rising channel and the pair Is about to retest the rising Support from where I think The growth will continue LONG🚀 ✅Like and subscribe to never miss a new idea!✅
My dear subscribers, This is my opinion on the NZD/JPY next move: The asset is approaching an important pivot point 87.48 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Target - 89.00 My Stop Loss - 86.39 About Used Indicators: The...
Hello,Traders! NZD-JPY is trading in an Uptrend along the rising Support line so I think that The pair will go up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Please, check our technical outlook for NZDJPY. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 87.647. Taking into consideration the structure & trend analysis, I believe that the market will reach 89.204 level soon. P.S We determine oversold/overbought...
NZDJY bears eye a downside continuation for the days ahead.