Hello guys , I am looking for a short on nzd jpy based of the weakness displayed by the new Zealand dollar. The new Zealand dollar strongly depends on commodities similar to the Aussie and the cad. The new Zealand has been extremely weak and i am looking to bank on that trend. As long as the corona virus continues and the new Zealand bank maintains the dovish...
Hello Traders, My past two forecasts came true. Now market has broken all its supports and its time to go short again. TRADE AT YOUR OWN RISK THIS IS MY PERSONAL OPINION
- Overall trend is bearish - January is generally positive for Yen Analysis Invalid if 73.2 Broken (Price breaks trendline)
Market below 50 and 200 EMA. Pullback has happened. Trend is to the downside. Going short now. Wish you best of luck do your own analysis THIS IS ONLY MY OPINION. DO YOUR OWN ANALYSIS
Hello everyone NZDJPY broke through important supports and below 50 and 200 EMA. I expect a fall to the level of 69.00 SHORT TRADE AT YOUR OWN RISK. THIS IS MY PERSONAL IDEA. DO YOUR OWN ANALYSIS
In all my previous NZDJPY ideas, I recommended traders to sell NZDJPY. If you followed, you might have made close to 200 pips profit from those. However, through this analysis, I want to say that NZDJPY could bounce upwards in the coming days. Today's daily candle might show indications of a trend reversal as this candle has formed at the 100D EMA. So, if NZDJPY...
Hi Traders, here is the full Update Analysis / Breakdown for NZDJPY. Keep this pair on your watch-list. Conditions - 1.Wait for confirmation (Environment Change ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this ! Dont forget to give me a like & Follow let me know in the comment section below if you...
Last week, we opened 2 JPY positions and they closed successfully. Now it is time to decide which way it will go. We believe it will keep going down for the mid-term. Entry: 72.5 Stop: 73.3 Target: 71.3 Have a nice week! Follow for more.
Price has broken the ascending channel support. Looking for a re-test of the overall larger descending bearish channel.
I mentioned about selling NZDJPY at 73.25 in my previous analysis. As you can see we are already 50 pips down from that point and I believe there is a long way to go. NZDJPY rally failed at two crucial areas: 1) The 100 Week EMA 2)Descending Trendline Resistance. In addition to the technical factors, there are other fundamental aspects such a correction in the...
Todays friday so not alot of volume to be expected JPY news at 430 am EST As Always... Wait for confirmation Use proper Risk Management
-NZD JPY FOR SELL FROM RESISTANCE SHOWN ON CHART! -WE EXPECT DOWN MOVEMENT SOON
Probabaly that NZDJPY Will test his Prev Swing Low . Rising Wedge Pattern broken in downsode I hope will be drop in downside.
NZD JPY DAILY - we have seen here a clear breakout of trend on our daily timeframe which has now pushed to the upside. it seems to have now formed a double top pattern here in which we should now see it now fall back to the downside forming retest. We should see bears now take over
73.30-73.60 zone is strong resistance for NzdJpy and we could be in an early stage of a double top. As long as the market stays under 73.60 we favor short selling, the first target being 71.25
Hi, best regards. Today I will write a new trading journal, especially on the NZDJPY pair. Maybe a little late but it's worth trying because this pair is undergoing a bullish trading phase This pair has managed to touch the 1.618 Fibonachhi level and still maintain its position. This pair is hard to stop and looks strong to continue to reach a higher level,...
I try to post and update my trade ideas every week. Follow me, if you like my trade ideas. I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable to place orders based on just some random indicators. I look for strong fundamental reasons and these indicators help me to achieve a great risk to reward ratio. May we all...