NZDJPY reached a strong support level at 83.700. Price is printing the pinbar rejection candle. Price was pushed higher at this level, and we might see another push higher. We expect a bullish move and a retest of the resistance. --------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Here is myv iew 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!
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...
The main reasons this move more likely will happen are the followings: -If we look the CFTC, non commercials are shorting JPY aggressively with 117,420 short positions open. 23,135 of those positions were open last week. Only 36,760 positions are long. This means that JPY is getting weaker because non commercials are shorting more than longing. -If we look the...
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: As I expected here price filled the imbalance higher and rejected from bearish order block. Now I see price to take sell side liquidity, fill the imbalance and then to reject from bullish order block + institutional big figure 84.000. Like, comment and subscribe to be in touch with my content!
Hello Guys, NZDJPY is currently trading in a strong supply zone, hence my bearish bias. This pair has just swept buy-side liquidity, however, there might still be more manipulation underway so tread with caution. I also did an analysis on GBPJPY (see below) Follow me for more updates like this. GBPJPY ANALYSIS Cheers, David
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.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern and coupled with bullish divergence at potential reversal zone (PZR) Entry, SL & TP Levels are defined.
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!
NZDJPY is moving in an ascending channel. The market has reached the major resistance level. The market formed an overbought condition at a major resistance zone and created a double top with divergence. The price is near 86.000 psychological level, and if it rejects the level, then we might see a pullback. --------------- Share your opinion in the comments...
NZDJPY is in a descending channel. The price broke and closed below the psychological level at 82.000. The market Most likely, price action is going to breakout and go down to complete the AB=CD pattern. We expect a breakout pullback continuation scenario. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
NZDJPY created a double bottom at the support level. Price was pushed higher at the psychological level at 83.000 and we might see a trend continuation. We expect a bullish move and a retest of the resistance zone. Confluence: psychological level + bullish harmonic pattern + upward trend --------------- Share your opinion in the comments and support the idea...
#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 is in an ascending channel. However, the price broke and closed below the level at 83.200. The market is printing build-up near the channel border and support. Most likely, price action is going to breakout and go down We expect a breakout of the ascending channel, which is essentially where price is coiling up before...
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 !
Here is my view for NZDJPY on H1. 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!
Here is my view for NZDJPY on H1. 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!