Hi Traders, Looking at the current price action we can still see potential downside next week as we have formed a larger correction after the stromg impulse from 87.1 range. I anticipate a couple more swing highs and lows to form giving us more confluence for a sell opportunity. Be patient before pulling the trigger. Good luck! Share your analysis on this...
There have been 3 fabulous months for NzdJpy (In fact for all JPY pairs), with the pair gaining around 1200 pips, but more importantly, more than 15% (a lot for a forex pair). As it was normal after such a run, after reaching 87 figure, the pair dropped hard, making the first leg of correction. Now the pair is in recovery again and a new leg down can...
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
- There are some very important EVENT this week for NZDJPY. The most important of these is the Central Bank Meeting of Japan. Also the NZD TRADE BALANCE will be a very important one. Although not so much VOLATILITY NEWS for NZDJPY this week, you can FOLLOW the NZDJPY MARKET SENTIMENT in the coming days. - NZD FEATURE is currently DOWN. The main reason for...
✅TP - green lines ❌SL - red line EP - start of yellow line Original Analysis NZDJPY Broke through Support level of 85.388 at 22-Apr-15:00 2022 GMT This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person...
Hey traders, here is the analysis for the NZDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
currently, we are seeing the price held by a strong support level at 86.610, I will wait for the price to break out of the support level with strong momentum down before placing any sell order. **Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent...
NZDJPY is struggling to break the next resistance a possible retest to the given support is quite possible.
- The NZD CPI DATA, one of the most important EVENTs for the NZD, is due out this week. It is set to release tomorrow. FLASH MANUFACTURING DATA for JPY is set to release on Friday. LOW IMPACT NEWS Even though it will be very important. - NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK OFF. Again it will be UP. Today...
NZDJPY has been trading in bullish parallel channel . Recently price has reached to the top of the bullish paralllel channel and took beating. We are still bullish in the pair and buy on support area can be done with bullish price action. Alternatively, breaking below the support area will be all over for the bulls. Trade your levels accordingly.
- RBNZ MEETING, one of the most important events for the NZD this week, was held. Everyone expected the RATE HIKE to be 25bps. But they increased the RATE by 50bps. You can watch it from ECONOMIC CALENDAR. - NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK OFF. Today there is a slight market risk on the situation. The...
🔰You see the analysis of the New Zealand Dollar against the Japanese Yen in 30 minutes ( NZDJPY , m30)🔎 🔰SELL Limit NZDJPY at 85.950 ✅TP ; 85.350 ❌SL ; 86.100 🔰As it is clear from the image, the price is moving in a triangle pattern, due to the presence of the price in the triangle resistance line (the bearish white line) the sale in this range seems to...
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
Its crossing and closed below ema200, should have a huge correction on hourly timeframe. Good luck 😁✌️
Let’s discuss the price chart of the NZDJPY currency pair based on the 480 minute timeframe. From the Elliott Wave perspective, the price has likely completed Wave (4) with a 23% Fib retracement of the Wave (3). This is a typical retracement level when Wave (3) is extended by more than 161%, which is the case here. From the Hurst Cycles perspective, the...
- None of the important data for the NZD will be released this week. But some very LOW IMPACT NEWS are about to be released. NZIER Business Confidence, GDT Price Index, ANZ Commodity Prices m / m are released for NZD this week. Therefore, I think the New Zealand dollar will FOLLOW the MARKET SENTIMENT within this week. - NZD FEATURE is currently slightly UP. ...
We are expecting NZDJPY Bullish in Monthly TF. Market have broke the all mid Liquidity levels, We c still have a chance to buy from Demand Zone if market drops to this level, Then market will hit the Monthly Supply
A short fall .... And then start climbing again Manage your capital