NZD-JPY Swing Long From Rising Support! Buy!
Hello,Traders!
NZD-JPY is trading along
The long-term rising support
And the pair is already making
A bullish rebound from the support
After the recent retest so I think
That we will see a further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Nzdjpy!!
NZDJPY Will Move Higher! Long!
Take a look at our analysis for NZDJPY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 87.994.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 88.507 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
NZDJPY - Long active ✅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!
NZDJPY H1 | Bounce off support linePrice is reacting off our buy entry which is a pullback support level at 87.951 . Our take profit is at 89.215, an overlap resistance level. Stop loss is at 87.548, which is a swing low support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
NZDJPY to move higher from doji?NZDJPY - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Further upside is expected.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
Risk/Reward would be poor to call a buy from current levels.
A move through 89.50 will confirm the bullish momentum.
We look to Buy at 89.15 (stop at 88.83)
Our profit targets will be 89.95 and 90.00
Resistance: 89.50 / 89.95 / 90.00
Support: 89.25 / 89.15 / 89.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
nzdjpy short analysisOANDA:NZDJPY
Break below 89.640 weekly support and price made a retest at what is now 89.640 weekly resistance. a bearish engulfing candlestick on the 4h and 1h is confirmation to go short. Also the 61.8% Fibonacci retracement level at 89.640 weekly resistance is a strong confluence
NZDCAD - Catch The Next Impulse! NZDCAD has been in a correction for almost a year and we might be at the start of the next big impulse.
We're expecting NZD strength so we can assume that NZDCAD has bottomed out.
Trade Idea:
- Watch for BOS, trendline break or reversal pattern on lower timeframe
- invalidation for this bullish scenario is below 0.794 so any entries will require a stop below that level
- Targets: 0.85 (500pips), 0.88 (800pips)
Goodluck and as always, trade safe!
NZDJPY SHORT ANALYSISOANDA:NZDJPY
Overall bias on NZDJPY is bearish with the daily, 4h and 1h confirming my bias. Price broke below 88.962 4h support and made a retest as 88.962 4h resistance with a bearish engulfing candlestick on the 30 min and also a break of countertrend structure on the 15 min being my confirmations to go short on NZDJPY
Potential Trend Trading Opportunity with Bullish Shark PatternNZDJPY reveals a promising Bullish Shark Pattern, presenting a potential trend trading opportunity.
While waiting for a 3-bar reversal offers further confirmation, it's prudent to engage post a weakening of the bearish move.
For aggressive traders, immediate entry might be considered, with a crucial emphasis on identifying stop levels to mitigate risk.
What are your insights or strategies on NZDJPY? Feel free to share your thoughts below!
NZDJPY Technical Analysis And Trade IdeaThe NZDJPY has been trending bullish recently, reflecting robustness in the New Zealand dollar juxtaposed with weakness in the Japanese yen. This video delves into a possible trade opportunity, exploring scenarios within both the 4H and 1H timelines. It offers insights into price action, market structure, trend analysis, and crucial technical aspects. It's imperative to note that the content presented is solely for educational purposes and should not be interpreted as financial advice.
NJ,trend still pushing for more upside?Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
NJ on the higher timeframe of D1 and H4 still bullish to me. Decent pullback should be buying and good for swing long up.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
NZDJPY Massive Long! BUY!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The price is coiling around a solid key level - 90.744
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 91.045
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
NZDJPY Under Pressure! SELL!
My dear friends,
NZDJPY looks like it will make a good move, and here are the details:
The market is trading on 91.071 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 90.115
Recommended Stop Loss - 91.533
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
NZDJPY ShortI usually publish daily charts but will now switch to 4 hour. There looks to be rsi divergence between the 4 hour, daily, and weekly timeframes (dotted line). Price has been rising on low decreasing buyer volume recently. Started a leg here and am looking for a 20% to 40% fib retracement of the previous macd low. Buyers seem to be staggering a bit at this resistance zone on this timeframe. Buyers are still fighting pretty good on the daily and weekly but im focusing on the rsi divergence with the 4 hour volume to price divergence. Not advice. What do you think?
NZDJPY to continue in the upward move?NZDJPY - 24h expiry
There is no clear indication that the upward move is coming to an end.
A lower correction is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 90.75 will confirm the bullish momentum.
The measured move target is 91.50.
We look to Buy at 90.50 (stop at 90.18)
Our profit targets will be 91.30 and 91.50
Resistance: 91.00 / 91.40 / 91.50
Support: 90.50 / 90.25 / 90.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Stars Aligning, Triple Confluence Pointing To A HUGE Sell Off??Looks like the stars might be lining up for a big drop in this pair.
Here's what I see: three big signs (or "confluences") are showing up, suggesting either a quick drop or a longer downturn that could last months.
The first confluence is that we're in a Monthly SUPPLY/SELL zone. This is where prices dropped over 2,000 pips back in 2015, making it a prime focus for sellers to start building into positions.
The second confluence is a Monthly resistance at 92.5, which was the high point in 2015. It's also near the 2014 high at 94. If prices head up to 92.5, they could quickly spike to 93 or 94.
The third confluence is breaking above a Monthly trend line, something sellers will definitely keep an eye on.
On the daily and shorter time charts, price momentum is clearly slowing down evident with the MACD divergence signals appearing on the daily and 12-hour charts pointing to a possible drop.
Given these factors, a SELL scenario seems increasingly likely, and here's my strategy to capitalize on it.
I will start building into a position now and if price does continue to move higher towards 92.5 I will look for SELL signals on my TRFX indicator on the daily and 4 hour charts.
First target for this trade will be the weekly support around the 87 level, second target will be 83 area which is a strong Monthly support area.
This is a great trade idea and could actually turn into a monster of a trade if you are able to hold long term.
Hope you enjoyed the read.
nzdjpy analysisOANDA:NZDJPY
Overall structure on NZDJPY is bullish. a support level has been established around 90.496 on the 1h with there being multiple touches and rejections with price failing to break below 90.496. a bullish engulfing candlestick is my confirmation to continue bullish run on NZDJPY