Here are the 2 setups that I currently see on this pair. Looks like possible support was created during London Session. Looking to see if price can rise to 86 before falling down again. Time will tell.
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We may get price to fall down to a 4-hour support level, Looking for some rejection off of trendline or resistance above.
Am waiting for the strong impulsive BREAKOUT of the denoted level and retest for entry short. Targets on chart, Like and Subscribe.
Good morningg.Good setup NZDJPY to take on short.Use proper risk management stick with 15 pips stoploss from green zone.HAVE A NICE DAY
NZDJPY this one has reached a h4 bid zone, we are waiting for m15 to change direction, and then we will look for the best price to sell it.
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
Price seems to be creating short bullish momentum around the weakened supply zone, waiting for a clear break to the upside or a continuation to the downside.
Technical Analysis: We can clearly see that the Bearish Divergence of Price and MACD has Started Forming in 6H time frame and it is one of the biggest signs that the bullish Trend is reversing and we can see some Price Correction on this Forex Instrument. we have defined 2 Targets using the Fibonacci Retracement Tools which we have forecasted the Price to...
#NZDJPY Market has broken out of descending channel at the level of previous support now acting as resistance. Also the market has retested . So i am looking for a sell move in 4-H timeframe.
Trade Idea: Sell NZDJPY Reasoning: Broken through descending triangle, looking for weakness to continue. Entry Level: 83.230 Take Profit Level: 82.40 Stop Loss: 83.64 Risk/Reward: 2.02R Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
There have been 3 fabulous months for NzdJpy (In fact for all JPY pairs), with the pair gaining around 1200 pips, but more importantly, more than 15% (a lot for a forex pair). As it was normal after such a run, after reaching 87 figure, the pair dropped hard, making the first leg of correction. Now the pair is in recovery again and a new leg down can...
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
Hey traders, here is the analysis for the NZDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
Its crossing and closed below ema200, should have a huge correction on hourly timeframe. Good luck 😁✌️
Entry at 84.90 Targets : 84.7, 84.07, 83.68, 83.38, 83.00 Stop loss at 85.70 Bearish butterfly pattern & RSI overbought