NZDJPY rising strongly after the price broke the key resistance level at 86.00. NZDJPY can be expected to rise further toward the next resistance level at 87.50. The key resistance level is now 88.20.
potential bearish entry Dow Theory in Place: Lower High and Lower Low Expected in Place The double top, coupled with bearish divergence (a bearish reversal pattern). The bullish trend is still intact; (be careful with your levels) Entry, SL, and TP levels are defined.
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: Here I expect bearish price action as we can see that price filled the 4H old imbalance and rejected from bearish order block + institutional big figure 87.000. Fundamental analysis: Next week we have news on NZD, will be released Cash Rate, that was forecasted to increase with 0.25%. Pay...
NZD/JPY has reached the upper trend line of the channel. If price action is bearish at this level, then we can expect a fall to the lower trend line. A bullish break above the upper trend line would render this scenario invalid.
it seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
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.
it seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
As previously analyzed chart, I was anticipating for the price to make a correctional move to the 82.2 level of resistance. The price managed to reach the level and now I expect the price to make an impulse move toward the 81.15 area of support.
#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP 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. However,...
NZD-JPY is trading in a downtrend Below the falling resistance line And the pair has formed A bearish flag pattern so I think That IF we see a bearish breakout From the flag then the pair Will fall even further down Towards the target below !
#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP 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. However,...
NZDJPY has formed a bearish cypher pattern at the same level as an ascending channel. There is also bearish RSI divergence which adds further bearish confluence.
Hello traders, NZDJPY is setting up for a next downside move watch price action with your own according strategy on a mentioned areas and look for a short position opportunity for a short term trade setup. This is just analysis GOOD LUCK & GOOD TRADING
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: As we can see here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. For next couple of days I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure...
Here is my view for NZDJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDJPY met with its resistance and having multiple rejections. Opening short position at 82.45 with stop loss 82.7 and profit taking at 81.1
Having taken our last portion off the table last week during our anticipated low of the week which was made last Friday 16/03/23 we decided to add back half our original position size back at 82.500 early this morning UK time in anticipation of price trading below last Fridays low made on 17/03/23 We are initially targeting last weeks low. The low of the year...