pair is gaining downward sentiment with correction mode. daily tf showing uptrend but 4hr tf showing downward path. this high correction upward would give more gain for seller from top .
NZDJPY - 24h expiry There is no clear indication that the upward move is coming to an end. Further upside is expected. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 88.25 will confirm the bullish...
NZDJPY WAVE AND TREND ANALYSIS It seems that this currency pair will fall to the desired range, it is not a precondition for trading, it must be done with personal analysis.
I vote to enter at this level because of SNR level and market trending. Kindly please help to filter with your own analysis. I don't have time to argue. Just keep it SIMPLE
The price already break the trendline in upward direction and market is taking a retest here we can expect market may pull back in upward direction from current resistance and continuously start moving in upward direction after restest
Currently we have a strong supply nested on multiple time frames, meaning that there is a higher probability of price reversing from here on. and as confluence we can see that from previous touches price has been reacting to the level. this will be a long term swing trade
Take Profit 1 - 87.61 Take Profit 2 - 87.11 Take Profit 3 - 86.61 Stop loss - 89.41 here is my more in-depth analysis of NZDJPY: The NZDJPY pair has been in a bearish trend for the past few weeks, and it is currently trading near the bottom of its range. The current spot rate is 88.41, and a sell entry point of 88.41 is just above the recent low of 88.21. There...
Confluences: 1- Price was moving above EMA 200. 2-Price breaking out the downward line . 3-Price closes above high liqiuidity area.
NZDJPY potential buy zone. Reasons: Bullish divergence and bearish trend line breakout. Note: buy stop above previous lower high for confirmation.
Short trade idea, you guys should see the weekly chart and it's a valued entry I think. GL have a good trade 😁
Please, check our technical outlook for NZDJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 88.232. Taking into consideration the structure & trend analysis, I believe that the market will reach 87.080 level soon. P.S Please, note that an...
Good morning everyone! Hope you all loved our gold buy where we started the week of perfectly. I am currently watching this sell on OANDA:NZDJPY for a RRR of 10:1, let me know if you agree! Good luck everyone!
Had a false break of trend looking for it pull back down fill some of the gap it has created and test either my trendline or my 4H supply. But always looking price action to agree if not no entry.
Considering the levels of supply and demand, we are looking for suitable buying positions
Price was in a uptrend and the momentum has slowed down and I believe price has been failing to make new highs, I will be using the MACD bearish cross on the 10 minute timeframe.
My dear friends , My technical analysis for NZD/JPY is below: The market is trading on 88.345 pivot level. Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Target - 87.764 About Used Indicators: On the subsequent day, trading above the...
#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to rise slightly again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. JPY may be somewhat WEAK in the next few days. ...
Price showed a major expansion the upside before breaking our last schematic to the downside. Price further moved to break another structure with momentum to the downside. Leaving a good supply and an inducement area.