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.
the price of nzdjpy created rising wedge and broke out and pullback. now it continue its trend with engulfing as confirmation. The price can be seen as head and shoulder breakout to downside. The stoploss is above engulf candle (depend on position size and risk preference) The target is defined by fibonacci projection. The risk reward ratio in this trade is 7
Hello Traders! On The Daily Time Frame, The NZDJPY Price Formed a Head and Shoulders Pattern📉 i'm waiting for a neckline break! Then, we will see a huge bearish move📉 ----------- TARGET: 84.050🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
NZDJPY / 4H hello traders, welcome back to another market breakdown. NZDJPY is trading inside a trading range, the price tried to breakout but failed. I'll be looking to feed the led lower once I get a bouce to the previous S/R zone. Trade safely, Trader Leo
NZDJPY is trading inside a Channel Up since March with the 1D timeframe neutral (RSI = 52.530, MACD = 0.380, ADX = 27.602) after last week's rebound on the 1D MA50. This tells us that this is the technical pivot and as long as it holds the new Higher Low for the Channel Up, hence a bullish signal targeting the R1 (TP = 89.675). If the price crosses under the S1...
Analysis: NZD/JPY Trend-Following Trade Based on my analysis of the ongoing upward trend and the potential breakout of resistance in NZD/JPY, i have formulated a plan to follow the trend and enter a buy trade. Here is a breakdown of your trade plan: Currency Pair: NZD/JPY Entry Price: 88.994 Stop Loss (SL): 86.541 Take Profit (TP): 99.221 Upward Trend and...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
In technical analysis, Fibonacci retracement levels indicate key areas where a stock may reverse or stall. Common ratios include 23.6%, 38.2%, and 50%, among others. Usually, these will occur between a high point and a low point for a security, designed to predict the future direction of its price movement
NZDJPY is trading inside a Channel Up and Wednesday's contact with the MA50 (1d) resulted in a 3 day rebound so far. That was the latest Higher Low at the bottom of the Channel Up, the previous was also formed on the MA50 (1d). The two bullish legs have risen at least +7%. Trading Plan: 1. Buy on the current market price. 2. Sell below Support (1). Targets: 1....
After I caught the previous sell I'm looking for another, with the market retesting my zone I have executed once again, so lets see how this one places out.
. 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...
NZDJPY - 24h expiry - We look to Sell at 88.80 (stop at 89.30) Broken out of the channel formation to the downside. Further downside is expected. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 88.00 will confirm the bearish momentum....
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.
Looking at this pair, I'm getting the impression that a deeper correction might be imminent. Initially, the breakout from the 88 area wasn't convincing at all as it didn't exhibit significant follow-through, despite the fact that last week it touched a new high @89.700, marking the commencement of a Monthly SUPPLY/SELL zone. A solid signal that a reversal could...
NZDJPY - 24h expiry - We look to Sell at 87.50 (stop at 87.90) Broken out of the channel formation to the downside. Further downside is expected. Short term RSI is moving lower. Risk/Reward would be poor to call a sell from current levels. A move through 86.75 will confirm the bearish momentum. Our profit targets will be 86.50 and 86.25 Resistance: 87.00...
NZD-JPY was trading in A rising wedge but then A bearish breakout happened So I think that we will See a move down!