Hello Traders I'm here with a new forex idea and analysis, Kindly share your LOVE by giving me LIKES and COMMENTS. Share with more traders like you. Follow me for more. Thanks in advance. THIS IS NZDJPY ANALYSIS Please support this idea with a LIKE if you find it useful. Thank you for reading this idea! I hope it's been useful to you and some of us will turn it...
NZDJPY is approaching its resistance at 65.597 where it is could reverse down to its support at 64.431. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDJPY expected to rise up to 1st resistance at 65.274 where it could potentially react off and drop down to 1st support at 63.832. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDJPY Multitimeframe analysis 1D As we can see on 1Day chart market formed a nice double top pattern at the supply zone and price rejected from it nicely , we can expect to see a major drop in it. 4H As we can see on 4Hour chart market got rejected from the demand zone , but at the same time market creating a lower low. so, we might see a price rejecting from a...
As shown in the chart, a short term bullish move can be expected in NZDJPY, especially after positive news came of NZD's CPI announced earlier today. A short term upward move with the next resistance 65.050 levels can be expected.
Hello friends, many traders might have sold NZDJPY too early. The best area to sell NZDJPY is between the Upper TL of the Rising Wedge pattern and the 100D EMA i.e. between 66.50-67.70. This will be a very low-risk sell set-up with potential for huge rewards.
📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 NZDJPY technicaly based idea, we can see price is bounce from bottom trend line , candels formation is strong...
Hello guys OANDA:NZDJPY has broken the neckline and is now showing downward reversal pattern to the target 1 zone.
📢NZDJPY 4H - Technical Breakdown 📈Price levels have been respecting the ascending support over the last 3 weeks. The current market price appears to be losing momentum as it tests the overhead resistance at 65.950 for the third time. 📊A break to the down-side breaching the ascending support will present a good risk to reward sell opportunity entering when price...
ANALYSIS- 1. CLEAR UPTREND 2. PRICE HAS BROKEN ABOVE PREVIOUS RESISTANCE AND HAS COME BACK TO RETEST TO CONTINUE POSSIBLE UPWARDS MOMENTUM 3. WICK REJECTION AT KEY LEVEL AS PRICE ACTION CONFIRMATION
Recovery in the global markets has reduced the demand for safe-haven Japanese Yen(JPY) while simultaneously, lending support to risk assets like AUD and NZD. Thus, we have seen a recovery in NZDJPY as well. But, how long will it last? In my opinion, the stock market hasn't bottomed out yet. There could be another leg down soon when the threat of an economic...