This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDJPY has been in a bullish trend in an ascending channel. The market completed the AB=CD pattern. It might be time for retracement. Usually, the price makes a 1/3 pullback following the completion of the AB=CD pattern. We expect a sharp move down to retest the support 38.2% fibo level. --------------- Share your opinion in the comments and support the idea...
The analysis of the pair signals an approaching correction around 800 points. In this connection my recommendations look as follows. Recommendations. 1. Close all medium-term long positions right now and start short positions. 2. Pay attention to the swap on short positions at your broker. 3. Get into a short position from the following levels: 92,28; 92,60 4....
Hello Traders, Hope you Guys are enjoying your Holidays during this winter season. i just came across one of my favorite model trade setup on NZDJPY pair for selling short above 90.43 and target around 87.70 or below levels with a Solid stoploss placement at 91.52 level. This is going to take time to pan out as we are in slow mode and holidays period of the...
NZDJPY made a pullback to the kill zone, where we have 61.8% fibo level and psychological level 90.000. Price is testing the lower border of the ascending channel, and if it rejects the level, then we might see a trend continuation from the kill zone. We expect a rebound from the level and go up since the major trend is bullish. --------------- Share your...
NZDJPY broke and closed above the resistance level that became the support level. The market is trading in the ascending channel, indicating that the bulls are in control. We anticipate the continuation of this current trend: a breakout pullback and contunuation. ------------------- Share your opinion in the comments and support the idea with a like. Thanks...
Review of Elliott's analysis: We are at the end of wave e of a triangle, which is the beginning and formation of wave a from a triangle, and will be the beginning of wave b, which will reverse all wave a. A triangle will be formed in wave b as well as wave a
NZDJPY decelerated and dropped from the resistance in the ascending channel. Price broke and closed below the 90.000 psychological level. The market pulled back to retest it. We expect a bearish move since the price has already dropped from this level several times. --------------- Share your opinion in the comments and support the idea with like. Thanks for...
Price is currently in a 4H William-Certified Range, hovering near the 4H Resistance. Fundamentally, NZDJPY is bearish due to the JPY strengthening. I will mainly be looking for SELL entries the moment price forms a bearish rejection candle at the 4H Resistance
Hello Traders! This is my idea related to NZDJPY H4. We can see a new Weekly High (WH) and now I expect a retracement until the resistance level, considering this move a good opportunity to execute a short trade. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
Expecting NZDJPY to provide a short term rally for the upside towards a target of 90.40 level with a defined stoploss and entry level in the charts over all a bearish mode will develop once we swept 90.40 buystops and resume the market maker sell model. Regards Rizwan Ali Accel Equity( Mark of Core Research )
NZDJPY has been creating lower lows and lower closes in the descending channel. The market pulled back from its support level following AB=CD completion. The market created a pullback trading opportunity at resistance and the 50% fibo level. We expect the price to drop from the kill zone and go down from there. --------------- Share your opinion in the...
NZDJPY broke and closed below the psychological level of 90.000. Price pulled back to resistance level and 61.8% fibo retracement following the bearish move. If the price action broke out of the trendline, as you can see, the price made a sharp bearish move. Price action is likely to go further down to retest the support. ------------------- Share your...
Strong support and demand area It is possible to retest and go up
New Zealand's manufacturing PMI, also known as the BNZ BusinessNZ Manufacturing Performance Index, jumped from 42.9 points in October to 46.7 points in November and hit a 6-month peak, but is still in the range narrowed and was the 9th consecutive month below 50 points.
I like to simplify things here is the chart for NJ am really looking at two zones 87.700 break out and 88.500 if price decide to retest the level again for the second time again.
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect bullish price action from here as price rejected from bullish order block + institutional big figure 88.000. Like, comment and subscribe to be in touch with my content!
NZD fell during the session, a report from Westpac cut its expectations for Q4 CPI to 3%. If inflation falls rapidly, it would mean the Reserve Bank of New Zealand does not need to keep interest rates 'higher for longer' and would therefore cut support for the NZD. In addition, the Tankan Q4 report includes a survey of thousands of Japanese companies of all...