The NZDJPY pair is on a Bearish Leg of the long-term Channel Up, below the 1D MA50 (blue trend-line) but above the 1D MA200 (orange trend-line), which is the long-term support. In fact the latter has been holding since June 02 2023. The minimum Bearish Leg decline within this pattern has been -3.77% so having almost completed this fall during the current...
On higher time frames we can identify which direction we're currently in. I'm entering due to market structure shift and change of character on our lower time frame (5 min). Around 90.577 there is liquidity which will be a target at some point and a supply zone. My entry @90.220, TP @90.577. Good luck!
✅NZD_JPY will soon hit A long-term rising support line While trading in an uptrend So we are bullish biased And we will be expecting A bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Bearish Trend which is respecting the trend line. Looking to take trade at 0.38 Fib Level.
✅NZD_JPY broke the rising Support and the breakout is Confirmed so after the pair Retests the broken support I believe we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZDJPY - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy NZDJPY Entry - 90.517 Stop - 90.285 Take - 91.000 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
NZDJPY - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. We have a 50% Fibonacci pullback level of 90.85 from 91.25 to 90.20. Preferred trade is to sell into rallies. Bespoke resistance is located at 90.80. We look to Sell at 90.80 (stop at 91.10) Our profit targets will be 90.05 and 89.90 Resistance: 90.80...
Hello,Traders! NZD-JPY was trading along The rising support line but Now we are seeing a bearish Breakout so I will be expecting A bearish move down after The local rebound Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZDJPY on the daily timeframe indicates a potential bearish trend. The price has recently breached below the trendline support, signaling a probable breakout. This breach suggests a weakening of buying pressure and a potential shift towards selling momentum. As per this analysis, the target for the bearish movement is anticipated to extend towards the...
💵Pair Name NZD/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— Bearish Break 90.300 Area Reasons - Major Turn level / M - Channel Middle Break - choch Break - Fixed Range Poc - Fibo Golden Bullish Reversal 88.500 Area / Target
NZDJPY BUY Stop Loss: 90.1 Targets: 90.9 91.0 91.1 91.2 91.3 91.5 92.0 92.4 92.8
My dear friends, Please, find my technical outlook for NZDJPY below: The instrument tests an important psychological level 90.749 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 91.071 Recommended Stop Loss - 90.560 About Used...
Hello,Friends! NZD/JPY is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of...
💵Pair Name NZD/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing —————————— Bullish Break...
The NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish flag pattern. This pattern often indicates a continuation of a downtrend following a brief period of consolidation. Key Points: Sell Entry: Consider entering a short position (selling) around the current price of 90.85, positioned near the...
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 approaching a significant support area 90.749. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 91.088 level. P.S We determine oversold/overbought condition...
Hello Everyone! Trust that we are all well. NZDJPY Technical Analysis. Monthly - As we end the 1/4, I'd like to see a bullish monthly close before Good Friday. February Bullish Wickfill is being filled. Weekly - So Last week we saw the price push up and then come back to retest the Daily support line. It has also formed an inverted hammer suggesting price...
Hello,Traders! NZD-JPY is trading along the Rising support and the pair Will soon retest the support Again from where we will Be expecting a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!