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
NZD slides against the Japanese YenThe New Zealand Dollar (NZD) is trading bearish against the Japanese Yen (JPY) at 87.386 on Friday, October 27, 2023, following comments from Japan's Chief Cabinet Secretary Taro Matsuno that the Bank of Japan (BoJ) is expected to conduct appropriate monetary policy. Matsuno's comments come amid rising expectations that the BoJ will eventually tighten monetary policy in response to rising inflation in Japan. The BoJ has been maintaining an ultra-loose monetary policy stance for many years, but this has led to a significant weakening of the JPY in recent months. The NZDJPY currency pair has been under pressure in recent weeks as investors have priced in the possibility of a more hawkish BoJ. The pair has fallen by over 5% since the start of October. The bearish outlook for NZDJPY is further supported by the technical outlook. The pair has broken below a key support level at 88.00, and is now on track to test the next support level at 86.50. Factors Weighing on NZDJPY There are a number of factors weighing on NZDJPY at present, including: Expectations of BoJ tightening: The BoJ is expected to be one of the last major central banks to tighten monetary policy, which is putting downward pressure on the JPY. Rising inflation in Japan: Japan's inflation rate has been rising in recent months, which is putting pressure on the BoJ to tighten monetary policy. Global risk aversion: Global investors are currently risk averse, which is leading to a sell-off in riskier assets such as the NZD. Weak New Zealand economic data: The New Zealand economy has been slowing in recent months, which is weighing on the NZD. Technical Outlook for NZDJPY The technical outlook for NZDJPY is bearish. The pair has broken below a key support level at 88.00, and is now on track to test the next support level at 86.50. If NZDJPY breaks below 86.50, it could fall to 85.00 or even lower. Trading Strategy Traders who are bearish on NZDJPY could consider shorting the pair at current levels. A stop loss could be placed above the recent high at 88.00. A profit target could be placed at 86.50 or 85.00. It is important to note that the foreign exchange market is volatile and prices can move quickly. Traders should always use risk management techniques when trading currencies.Shortby masterclass6182
NZDJPY to find sellers at market?NZDJPY - 24h expiry There is no clear indication that the upward move is coming to an end. A higher correction is expected. Risk/Reward would be poor to call a sell from current levels. A move through 87.00 will confirm the bearish momentum. The measured move target is 86.25. We look to Sell at 87.42 (stop at 87.82) Our profit targets will be 86.42 and 86.22 Resistance: 87.50 / 87.75 / 88.00 Support: 87.00 / 86.50 / 86.25 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.Shortby OANDA3
NZDJPY Long sell It's a Long sell as the price broke 88.000 level and it's on its way to 85.000. The market has created a double top and currently retesting it to confirm the down trend analysis.Longby ForexProphetDibax111
NZDJPY Long sellThe 88.000 price has been broken and it's on its way to 85.000. There's a double top formation in H4 and the neckline is also being retested confirming the down trend of the market structure. by ForexProphetDibax2
NZDJPY Long Trade Setup A #long trade opportunity recently presented itself on the #kiwiyen (#NZDJPY) #trading chart 📈. This is indicated by the #bullish harami candlestick 🕯️ pattern on the 86.959 horizontal support level. This indicates a fakeout (false breakout) of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy). Sufficient upward momentum should see price rallying towards the 89.500 psychological level and possibly testing the strength of the 89.789 horizontal resistance level. As always, please apply appropriate risk management. Happy trading! #crosspairLongby charles-okoukoni114
NZDJPY-Bias long Bullish indications: Cup and handle pattern. Resistance has broken. Resistance is broken. Made a new high. Bullish divergence from the trend line support and the support respected. Trade plan bias long @ 88.672 SL:88.223 TP1:89.096 TP2:89.371 Longby gouthamkulal1Updated 0
Nzdjpy long at supportHi, Nzdjpy just rejected from a support area at 87.20 so we expect a move up to the next resistance area at 87.80Longby checkit2Updated 1110
NDZJPY Liquidity Purged and Revert stretegyThe price is respecting OBs highlighted. ICT strategy Liquidity purged and revert applied and in play. Longby ajkhan300
NZDJPY H4 | Rising toward resistance?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 87.13, which is an overlap support. Our take profit will be at 87.82 which is an overlap resistance that aligns with the 50% Fibo retracement level. The stop loss will be placed at 86.48, a multi-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.Longby FXCMUpdated 1110
NZDJPY Long Term selling Trading IdeaHello Traders In This Chart NZDJPY HOURLY Forex Forecast By FOREX PLANET today NZDJPY analysis 👆 🟢This Chart includes_ (NZDJPY market update) 🟢What is The Next Opportunity on NZDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsShortby ForexPlanet201
NZDJPY is likely for a bullish reversal on 1H timeframceNZDJPY was in downtrend however it has recently made a double bottom reversal pattern on 1H timeframe. The pair has also shown bullish divergence on RSI, confirming our bias. Therefore a long entry with proportionate SL and TP have been marked on chart. It is also apt to mention that TP falls within a key resistance zone indicating the need for quick execution to reap profits.Longby UsmanFarouk0
NZDJPYNZDJPY was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 87.20 region. Will the bulls take charge again continue for leg higher?by JustTradeSignals3
projectioni am extecting a pull back from this level reason entry bullish candle and break of mini trendLongby Megaben232
NZDJPY - Following The Trend ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Daily: Left Chart NZDJPY has been overall bullish trading inside that big wedge pattern; and it is currently retesting the lower bound / orange trendline. on H1: Right Chart For the bulls to take over, and activate our buy setup, we need a break above the last high in gray. Meanwhile, NZDJPY would be bearish and can still trade lower, especially if the 87.0 daily low is broken downward. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalyst2211
NZDJPY SHORT TECHNICAL SETUPSAs you can see the overall market is downtrend and the market hit one of my minor level and break lower and go back for retracement to respect the minor level and gives us confirmation for selling but the market fail to break the first breakout when coming back, that’s why I draw Fibonacci from swing high to swing low to see if the market is going to respect one of those level before going to the downside.by Sir_abdoul_fx1
NZDJPY: Bearish Scenario is much more probable!Hello traders. There are 2 scenarios available for the pair! Bullish one: after breaking the trend line and 87.70 a buy order will be set around 87.40 . TPs are 88.60 and 89.75 . Bearish one: After breaking below the 86.75 a short order will be set around 87.10 or 87.00. TPs will be around 85.20 and 83.70 . Shortby AliSignals2
NZDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare0
NZDJPY DAILY SHORTPrice break the inner trend on daily look for short in lower time frames.Shortby Hummdan5120
nzdjpy looking for shortNZDJPY lokking for short wait for retest and then sell dubble bottom pettren complette by ANALYSESTFXUpdated 1
nzdjpyLet's look for sales on this pair. This drop could occur even at the end of the week, so it is necessary to place an order higher also as coverage. The trend of 90% of the xxxjpy pairs is bearish and a significant drop can be expected.Shortby SGsauragestionUpdated 3
UC/ NJ Trade Oct18Trust yourself and your ability in this skillset. If you put the work in it will pay off. Have great risk management and follow your plan consistently and your be a success in no time. Don't rush wants meant for you, it will come when the time is right. 0by jcinvestpr2