NZD/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
It makes sense for us to go short on NZD/JPY right now from the resistance line above with the target of 88.069 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by
New Zealand Dollar / Japanese Yen
No trades
No trades
Compare with NZD to JPY
Bullish rebound setup?NZD/JPY has bounced off the pivot and could potentially rise towards the 1st resistance.
Pivot: 99.45
1st Support: 87.51
1st Resistance: 89.58
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of person
Bearish trend continuation?NZD/JPY is rising towards the resistance level, which is an overlap resistance and could reverse from this level to our take profit.
Entry: 88.98
Why we like it:
There is an overlap resistance level.
Stop loss: 89.55
Why we like it:
There is a pullback resistance level.
Take profit: 88.11
Why we
#NZDJPY - Key Support Reversal Setup | Structure Shift in PlayNZDJPY is completing a strong bearish wave from the 95.000 - 95.924 supply zone, leaving unmitigated Fair Value Gaps (FVG) and structural BOS. Price is now approaching a major daily demand zone at 86.000 - 86.314, where institutional liquidity sweep and a potential trend reversal are anticipated.
NZD-JPY Will Fall! Sell!
Hello,Traders!
NZDJPY is awaiting another retest of the horizontal supply area near 88.90, where renewed selling could revive bearish momentum and send the next corrective leg toward the 88.66 target. Time Frame 3H.
Sell!
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NZDJPY Is Going Up! Long!
Take a look at our analysis for NZDJPY.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 88.209.
The above observations make me that the market will inevitably achieve 88.445 level.
P.S
Bearish drop in play?NZD/JPY has reacted off the resistance level which is a pullback resistance, and could drop from this level to our take profit.
Entry: 88.98
Why we like it:
There is a pullback resistance level.
Stop loss: 89.66
Why we like it:
There is a pullback resistance level.
Take profit: 88.11
Why we like
Bearish drop?NZD/JPY is rising towards the pivot and could reverse towards the 1st support.
Pivot: 89.60
1st Support: 88.45
1st Resistance: 90.29
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or inve
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of NZDJPY is 88.870 JPY — it has increased by 0.43% in the past 24 hours. See more of NZDJPY rate dynamics on the detailed chart.
The value of the NZDJPY pair is quoted as 1 NZD per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 NZD.
The term volatility describes the risk related to the changes in an asset's value. NZDJPY has the volatility rating of 0.60%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The NZDJPY showed a 0.30% rise over the past week, the month change is a −0.82% fall, and over the last year it has increased by 1.05%. Track live rate changes on the NZDJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
NZDJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade NZDJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with NZDJPY technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the NZDJPY shows the sell signal, and 1 month rating is sell. See more of NZDJPY technicals for a more comprehensive analysis.









