NZDJPY looks set to complete its correction and resume the drop
This chart should give you a clear picture of the money distribution that needs to occur before we see the next strong move. I think NFP will push the price past this wick before collapsing. NZD has been a beast in the markets, New Zealand is facing increasing pressure from COVID issues but the price continues to rise. Classic manipulation but it must come to...
Down she goes! I am expecting to fade a sell here on the pullback of the bullish run. Price wiped both highs to the left but left some bullish liquidity trapped on the way up. I believe now may be the right time to take a plunge at sells. The team has been involved since the morning.
Hello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you...
I wait the price to test that zone and we wait for a sell , the structure is quite good and it's a good opportunity
Price moving into supply/resistance and resistance trendline area, would be looking to sell the pair if I see significant rejection off this area followed by more bearish confirmations, alternate scenario would be a breakout of this channel and a retest back into resistance turned support area.
NZD/JPY Signal Market Sell: 76.560 Stop-Loss: 77.160 Target 1: 76.000 Target 2: 74.700 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 3.1
With the MA's crossing over (21 and 50), this trade idea is based on TA and MTA. Let me know what you think of this trade idea. You may jump in if you'd like. (or wait for a better setup)
NZDJPY is currently trading at the resistance area 76.00 It's nearest Supply area is at 76.80 It is trading within a downward channel that started since june-21. Yet it failed to breakout. So, my bias is still bearish unless it breaks from that channel. The resistance area is my first sell zone. A bullish close above will expose the supply area where I have...
This pair had a strongly bearish week that ended with a break & close below the s/r area around 75.64. Looking at the H4 chart, I think we may have a bearish trend in the making – it started around the 78.00 region. Initially it was strongly impulsive but that changed a bit as price neared the 75.640 support with some pullbacks appearing. We are currently in a...
In this pair, technical analysis shows a technical figure Descending Triangle. The Descending Triangle has broken through the support line on 20/08/2021. NZDJPY forming a bearish formation on a daily chart . If the price holds below this level we will have a possible bearish price movement with a forecast for the next 42 days with a target of 73.47. If you decide...
New Zealand Dollar (NZD) / Japanese Yen (JPY) 4H Time Frame 17th August update As you can see my analysis from 17th August is going as stated. NZDJPY still looks to be down trending with of coarse some expected sideways movement. TP1 - 74.000 TP2 - 72.000 I will do another update on this chart Friday 20th August. If you like this analysis give it a...
NZD - Strong Bearish 1️⃣ The rise of COVID-19 cases around the world has caused investors to flee to safe-haven assets. 2️⃣ New Zealand Head of Health Ashley Bloomfield expects this latest spread to hit 50-100 cases. 3️⃣ The RBNZ kept interest rates at a low of 0.25% at its August meeting amid concerns over the latest COVID-19 spread. 4️⃣ New Zealand implements...
New Zealand Dollar (NZD) / Japanese Yen (JPY ) 4H Time Frame SELL OPPORTUNITY MAJOR SELL OPPORTUNITY As you can see NZDJPY is bearish and heading towards its resistance between 73.00 - 72.00 points. You never know it could maybe fall further as there's a support not far under its resistance. I will be doing a update on this pair later today so keep an...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (76.91). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (76.91). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as...