NZDJPYPrevious support turn into resistance which give me so much confidence to Buy this currency pairLongby o_hindjouUpdated 221
November NZD/JPY 2023Hello traders, Comparing the interest rate of different currency pairs can provide valuable insights into potential trading opportunities. Let's break down your observations and consider the key factors at play. The NZD/JPY pair represents the exchange rate between the New Zealand Dollar (NZD) and the Japanese Yen (JPY). The Reserve Bank of New Zealand (RBNZ) and the BoJ's policies will influence this pair. As with the other pairs, interest rate differentials, economic data, and global market sentiment will be crucial for your analysis. RNZC have a rate of 5.5% and BoJ has a rate of -0.1%. I can take an educated guess yen traders are looking to sell or convert their currency for another currency with a higher rate and yield. I see a stronger New Zealand Dollar and weaker Yen Dollar long term. Unless the BoJ can change their rates or yield curve. It's important to note that interest rate differentials can be a significant driver of forex markets. Traders often engage in carry trades, where they buy the currency with the higher interest rate and sell the one with the lower interest rate. However, currency pairs are also influenced by a wide range of factors, including economic data, geopolitical events, and market sentiment. Remember that currency trading involves risks, and it's important to have a well-thought-out trading strategy and risk management plan in place. Always trade within your risk tolerance and consider using stop-loss orders to protect your capital. Best of luck with your analysis and trading this month!by ForensicForex3
NZD/JPY Bullish PressurePrice failed to break 86.800 support and formed strong bullish pressure that broke our important zones. We can see that bulls are still in the control and I expect to see bullish continuation. Next major resistance is around 89.800.Longby SanShone17
NZDJPY Targeting Lower LowsNZDJPY looks bearish to me, but it might pull up for a lower high below resistance and continue the bearish trend to 86.0. Happy Trading and have a great weekend, Khiwe.Shortby KhiweUpdated 1
NZDJPYAccording to the reverse harmonic pattern, the probability of price increase to reach the desired target is highLongby Mohsen_soumari2
NZDJPY to find buyers at previous resistance?NZDJPY - 24h expiry Price action looks to be forming a bottom. We expect a reversal in this move. Short term RSI is moving higher. Risk/Reward would be poor to call a buy from current levels. A move through 88.25 will confirm the bullish momentum. We look to Buy at 87.80 (stop at 87.40) Our profit targets will be 88.80 and 89.00 Resistance: 88.25 / 88.55 / 88.75 Support: 87.80 / 87.50 / 87.25 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA2
NZDJPY H4 | Rising into 38.2% Fibo resistanceNZD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 87.930 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 88.770 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at 86.779 which is a swing-low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short03:39by FXCMUpdated 0
NZDJPY ↗️ Long Trade Setup ↗️ Hello Everyone 🙋🏽♂️ 🔴 86.580 🟢 87.690 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .Longby EMA_TradingUpdated 224
NZDJPY, Trading rangeNZDJPY / 1D Hello traders, welcome back to another market breakdown. NZDJP pair has been trading in a bullish trend, the price is showing evidence of trend resumption so far. I'll look to get on for higher prices after getting the LTF confirmation. The price is now stuck in a trading range as showen in the chart. Trade safely, Trader LeoLongby Leo-btm111
NZDJPY H4 | Reversal off 38.2% Fibo resistance NZDJPY is rising towards a pullback resistance and could potentially reverse from here to drop towards our take-profit target. Entry: 88.025 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 88.695 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement level Take Profit: 86.781 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets0
NZDJPY - Mid Timeline PlayNZDJPY - Mid Timeline Play Longer timeframe trend : Uptrend At lower range of parallel channel. Consider BUY TP : 89.853 SL : 86.907 RR ratio : 3.47 Expected Timeline : 14 days Longby wilkoh7Updated 2
NZDJPY BuyNZDJPY Buy Swing Stop Loss: 86.3 Targets: 87.1 87.2 87.3 87.4 88.0 89.0 Longby MoneyGangPhone3
NZDJPY - Bearish Double TOP 📉 Hello Traders ! As We Talked in The Previous Analysis: -The NZDJPY Reached a Daily Resistance Level (89.619 - 90.202). -The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! i'm waiting for retest... ----------- TARGET: 86.150🎯Shortby Hsan_BenhmedUpdated 558
NZD/JPYNZD/JPY analysis is approaching selling areas. I see it as a good opportunity to sell, even though the general trend is bearishShortby KechFx3
Technical Analysis & Trading StrategiesIn the upcoming week, the spotlight might be on NZDJPY, particularly for those who lean towards structure-based trading methods. In this scenario, we marry technical analysis with the art of trading. Observations: A keen eye at the support level reveals an ABCD pattern checkback on the 4-hourly chart, situated at 86.84. For Fib-3 Bat enthusiasts, a buying opportunity may materialize on the 1-hourly chart. Now, the pivotal question: What would be your approach to NZDJPY? Your insights matter. Please share your perspective below!Longby RaynLim1
NZDJPYTrading at a very interesting level. Bank of Japan ( BoJ ) meeting this Monday. Things could turn very positive for the Kiwi dollar. Check the link below for more ideasLongby TRADINGWITHZION333
NZDJPY - Bearish Double TOP 📉Hi Traders ! On The Daily Time Frame: -The NZDJPY Reached a Resistance Level (89.619 - 90.202) -The Price Formed a Double TOP Pattern. Currently, We have a Bearish Scenario 📉 If The Market Breaks The Neckline and Closes Below That, We Will See a Bearish Move ! ----------- TARGET: 86.120🎯 ___________ if you agree with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!Shortby Hsan_BenAhmedUpdated 9913
NZDJPY: Back at strong supportLooking at this pair I'm expecting another bounce from support, I'm cautious as not overly confident in New Zealand Dollar out-performance in the coming weeks, but I'm still seeing the Yen struggling against many crosses. I think we'll be into a sideways movement for the next few sessions and so for this week I'm looking for a signal on the LTF to go long.Longby FinchcliffeUpdated 226
Potential Reversal Play on NZDJPYObserved a reversal and channel break on NZDJPY. It's a bit too early to tell at the moment given that I haven't seen anything structural over on the weekly timeframe. But, getting in early does help ensure a high R:R if this trend holds. Over the past two months, I've marked four points of interest: Price breaches previous high formed around mid-June of this year. After a quick pullback, price re-tests the high but fails to sustain. This is where we see the neckline breach as price closes below a prior support level. A range was formed mid-October and Friday's close was a good indication that I should be keeping a close eye on this pair for further downside action next week. Shortby FinancialGamblR0
Will the bank of Japan shift ?There is a lot of uncertainty regarding interest rates in Japan. I personally think that the BOJ will keep the same monetary policy. However, the market maintains its uncertainties and therefore for the moment there is no point in wanting to fight with the market. NZDJPY seems to me a good setup to capitalize on this uncertainty.Shortby Trader_LandryUpdated 2
Sell projection on NZDJPY.It's expected to fall after forming the double top rejection. i expect it to short to the nearest support level which is 86.775Shortby OmenukoCradder1
NZDJPY @ SupportFundamentals : none Technicals : weekly med. pbs+ ktb daily dps 1st pb of new daily trend 61.8% pb tl support a-b-c down completion cloud supportLongby RocketmanUpdated 0