This is for short term And this is risky too. Please DYOR before entering the trade.
#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. JPY may be somewhat WEAK in the next few days. However,...
Based on the chart's price action, it appears to be forming higher highs (HHs) and higher lows (HLs), indicating a potential bullish trend. As a result, we are planning to enter a long trade with a 1:1 risk/reward ratio. To execute this trade, we will set a Buy Stop order at 83.216, with a Stop Loss at 82.792. Our selected Lot Size will be 0.25. We have set two...
NZDJPY - 24h expiry - We look to Buy at 82.25 (stop at 81.75) Previous support located at 82.50. Previous resistance located at 83.25. Indecisive price action has resulted in sideways congestion on the daily chart. Risk/Reward would be poor to call a buy from current levels. A move through 83.25 will confirm the bullish momentum. Our profit targets will be...
NZDJPY - Long Position - H4 & H1 Saw some momentum yesterday, lets see how the market reacts this week.
Here is my view for NZDJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDJPY - 24h expiry - We look to Buy at 82.25 (stop at 81.75) Previous support located at 82.50. Previous resistance located at 83.00. Price action has stalled at good support levels and currently trades just above here (82.25). The correction lower is assessed as being complete. Further upside is expected. Our profit targets will be 83.45 and 83.50...
#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. JPY may be somewhat WEAK in the next few days. However,...
NZDJPY - 24h expiry - We look to Buy at 82.00 (stop at 81.40) Previous support located at 82.00. Previous resistance located at 83.00. With signals for sentiment at oversold extremes, the dip could not be extended. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 83.20 and 83.50...
NZDJPY - 24h expiry - We look to Buy at 82.90 (stop at 82.40) Previous support located at 83.00. Previous resistance located at 83.80. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 83.80 will confirm the bullish momentum. Our profit targets will be 84.20...
Here is my view for NZDJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDJPY - 24h expiry - We look to Buy at 82.25 (stop at 81.60) Previous support located at 82.50. Previous resistance located at 83.00. The trend of lower intraday highs has also been broken. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 83.75 and 84.00 Resistance: 83.00 / 83.50 /...
NZDJPY has formed a bearish cypher pattern at the same level as an ascending channel. There is also bearish RSI divergence which adds further bearish confluence.
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: As we can see here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. For next couple of days I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure...
NZDJPY - 19h expiry - We look to Buy at 81.75 (stop at 81.00) Previous support located at 82.00. Previous resistance located at 82.50. Price action has continued to trend strongly lower and has stalled at the previous support near 81.50. Price action looks to be forming a bottom. Dips continue to attract buyers. Our profit targets will be 83.25 and 83.50...
NZDJPY - 24h expiry - We look to Buy at 81.50 (stop at 80.95) Previous support located at 81.40. Previous resistance located at 82.00. Price action has stalled at good support levels and currently trades just above here (81.40). Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 82.00 will...
NZDJPY - 24h expiry - We look to Buy a break of 82.50 (stop at 81.75) Previous support located at 82.00. Previous resistance located at 82.50. The selloff is close to an exhaustion count on the intraday chart. We expect a reversal in this move. A move through 82.50 will confirm the bullish momentum. Our profit targets will be 84.00 and 84.50 Resistance:...
NZDJPY - 24h expiry - We look to Buy at 83.00 (stop at 82.25) Previous support located at 83.00. Previous resistance located at 84.00. Indecisive price action has resulted in sideways congestion on the daily chart. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a buy from current levels. Our profit targets...