The kiwi had a solid move against the dollar on Friday, gaining 1.14 percent. The move came as commodities rebounded, thus pushing up their respected commodity FX. This was a response to the weaker dollar, but commodities saw their sixth week of capital inflows as traders deem a more risk-on approach in the medium-term. The move into commodities has been the...
QUICK ANALYSIS: Perhaps one more contender is found in this $NZDJPY joining the ATHENA method group (see more currently developing in this linked room: www.tradingview.com ). PREDICTIVE/FORECASTING MODEL: Model defines the following bullish targets: 1 - TG-Hi = 83.815 - 27 OCT 2015 AND 2 - TG-Hix = 85.014 - 27 OCT 2015 ATHENA: Feel free to read what...
3.5:1 100+ pips to upside KEEP THE RADARS UP!!!
NZDJPY had a potential short setup under resistance but it's proven to a very strong advance so far. I'd like to see price move and close above the new 8 bar mode that it has built higher, and eventually signal a time at mode trend trade. The risk/reward of said long would be optimal if price manages to climb above the resistance, and validates the weekly...
Shorting this pair as we have seen a break out and confirmation.
NZDJPY seems to be lagging AUDJPY, I'll be taking a short if it slides under today's low. The resistance to the left is pretty obvious. Let's see how it goes. Cheers, Ivan Labrie Time at Mode FX
Gold's Behaviour May Signify An Upcoming Reversal For AUD/& NZD Pairs Potential Sell Setup Shown For NZDJPY, Awaiting For More Confluences To Line Up (Especially If Gold Indicates More It Does Not Wish To Trade Above Key Monthly Resistance) Gold Outlook On Potential Reversal
Continuing on from yesterday's chart, this extract comes from the Possible EUR/JPY and NZD/JPY Correlation Trade blog on the Vantage FX News Centre. Zooming into the NZD/JPY chart on its own, you can see that price is still sitting right on resistance while EUR/JPY got the beginnings of a potential rejection yesterday. If you took yesterday’s EUR/JPY short and...
The futures market is showing a forcast of a huge increase in price over the next 12 months in the dairy prices which make up 7% of the New Zealands GDP. I am expecting to see an increase in the strength of the NZD over the coming months as it has been the weakest currrency for some time and dropped considerably against most major currencies. I am looking at the...
We have double topped and broke structure to the down side. Looking for a retracement back up into the .618 around 78.29's. Stops go above X. Target 1 at previous structure lows with extended targets at 1.27 extention.
Read text written in the chart,
my elliot wave and price action analysis shows that the price of nzdjpy are in correction.waiting for rejection at the upper trendline will be the best desicion to go short for this pair. the zizzag pattern seem to be complete and seem like to end at the uppred trendline.the rsi condition seem to be overbought condition.my target will be the support area at level...
Commodity currencies (AUD, NZD, CAD) underwent a short-squeeze following the Federal Reserve's decision to leave rates from zero-to-25 bps, which is theoretically more supportive for commodity speculation. However, after market participants digested the ultra-dovish FOMC, commodity currencies got monkey-hammered lower. AUDUSD was pushed higher to .7276 on Friday,...
Sterling has been on a monster tear after mixed employment data out of the United Kingdom. Averages earnings beat expectations of 2.6 percent, printing a 2.9 percent. However, the U.K. did see a rise in unemployment even as the unemployment rate fell a tenth-percent. Traders are looking to front from any potential talk out of the Bank of England (BoE) that...
Hi everyone we have a pattern on NZDJPY, which in my opinion is valid also the SL is not very big. The Targets are highlighted on the chart. Lets see and Good Luck
Friends, As we are hitting concepts of Wolfe Wave and Geo hard tonight, here is another opportunity to witness a probable geometric cycle completion of the WW/Geo: We already covered significant ideas and topics through $USDTRY and $NZDJPY charts, so here there are for your review, with a step-by-step review of how I construct the Geo ... These charts are...
Friends, Perhaps an interesting opp in this lesser frame (M15) where ground could possibly defined at a standard Fib contraction level, such that: 1 - 0.500-Fib = 75.589 and 2 - 0.681-Fib = 74.834 SL < 0.618-Fib TG = 79.763 or 1-3 Line extension of WW, which ever come first. Not worth entering unless it declines first. It's one of those all or...
Hi everyone this is a valid pattern in my opinion, with fairly good legs. Depending on your rules we might also have a trendline. The targets are highlighted on the chart Lets see and Good Luck