Dear fellow traders,
Here what we think of NZDJPY, the pair has overbought recently due to many factors, now we think price will drop for 140+ pips. JPY is expected to see some bullish movement for a week or two.
Hello traders!
‼️ This is my perspective on NZDJPY.
Technical analysis: As we can see here price took out buy side liquidity, now I expect we could see a retracement to fill the imbalances lower and then I will look for a long if price rejects from bullish order block.
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Here is my analysis for NZDJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDJPY is moving in an ascending channel. The market printed the AB=CD pattern where D completed right at resistance of 83.000.
On the 4H chart, the market is consolidating. Price made a fibo cluster that lines up with the consolidation border.
We look for selling opportunities at the Fibo extension and resistance level.
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#NZDJPY**BUY
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At :86.55
SL :86.14**Risk**41pips
TP :89.62**Reward**306pips🎯
. Don't forget about stop-loss.
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P.S. I personally will open...
NZDJPY dropped from the resistance in the descending channel.
Price broke and closed below the 87.000 psychological level. The market is pulling back to retest it.
We expect a bearish move from the confluence zone where we have resistance, a fibo level of 61.8%, and dynamic resistance as well as a channel border.
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Hello traders, we want to check the chart of NZDJPY. The price is moving in a descending channel and is pulling back to the specified key level, as well as the trend line of the descending channel. If this level can maintain the downward trend of the price, we expect the price to fall to around 86,300. Good luck.
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Hello traders, we want to check the NZDJPY chart. The price is moving in an ascending channel and has pulled back to the key level indicated. We expect this level to play the role of a support level and cause the price to grow to around 87,700. Good luck.
NZDJPY is moving in an ascending channel. The market is creating the AB=CD pattern.
On the 4H chart, the market is consolidating. Price made a fibo cluster that lines up with the consolidation border.
We look for selling opportunities at the Fibo extension cluster and resistance level.
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Share your opinion in the comments and support the idea...
Hello traders, we want to check the NZDJPY chart. The price is moving in a descending channel and has pulled back to the key level indicated. We expect this level to maintain the downward trend of the price and cause a further drop in the price. We predict that the price will reach around 85,900 to fall. Good luck.
NZDJPY is moving in the descending channel. The market has reached the major resistance level and psychological level 87.000.
The market created a pullback trading opportunity at resistance and the golden fibo level.
We expect the price to pullback from the psychological level and go down from there.
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Share your opinion in the comments and...
Since the beginning of July, NzdJpy is pretty choppy, with spikes up and down.
However, the trend is still up, and with a very weak JPY we can expect a new leg up.
Also, yesterday the price reversed with a nice bullish engulfing which brings more confirmation.
I'm bullish as long as yesterday's low is intact and my target is around 90
Hello traders, we want to check the NZDJPY chart. The price has broken the indicated support level to the bottom. We expect this level to play the role of a resistance level after the failure and maintain the downward trend of the price. We expect the price to fall to the targets of 85,600 and 85,300. Good luck.
NZDJPY broke and closed below the psychological level of 87.000.
Price pulled back to psychological level and 61.8% fibo retracement following bearish move.
If the price action breaks out of the trendline, we can look for selling opportunities.
Price action is likely to go further down to complete the AB=CD pattern if the market moves...
Hello traders!
‼️ This is my perspective on NZDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement and then to reject from bearish order block + institutional big figure 88.000.
Fundamental analysis: Upcoming week on Wednesday will be released Cash Rate...
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
No opposite signs.
Until the two strong resistance zones hold my short term view remains bearish here.
Hello traders, we want to check the NZDJPY chart. The price is moving in a descending channel and has pulled back to the specified key level. We expect this level to maintain the downward trend of the price and cause the price to fall. Our first target in case of a fall The price is 86.200 and if the price can break this level, our next target will be 85.600. Good luck.
