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Nzd-jpy

NZDJPY Sell signalThe NZDJPY pair broke above the long-term Channel Up but formed a top pattern just outside it and as the 1W RSI got rejected around the same (overbought) level as in late February/ early March 2021, I expect a similar pull-back towards the 0.5 Fibonacci retracement level. On the long-term though, since it broke above the Channel Up, I expect it to rebound and target the next Fibonacci extension at 1.5, roughly around 92.500. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Short
by TradingShot
1
NZDJPY an ascending triangle 🦐NZDJPY on the 4h chart is trading between an ascending trendline and a static resistance. The price after a few tests of the 2 areas is now trading below the resistance structure. How can i approach this scenario? Being the triangle. a continuation pattern i will wait for a possible break of the upper structure and in that case, i will be ready to set a nice long order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
NZDJPY - Will BE MARKET RISK ON? - RBNZ MEETING, one of the most important events for the NZD this week, was held. Everyone expected the RATE HIKE to be 25bps. But they increased the RATE by 50bps. You can watch it from ECONOMIC CALENDAR. - NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK OFF. Today there is a slight market risk on the situation. The NZD FEATURE stands at 0.6792 LEVEL. The JPY FEATURE has been heavily DOWN before. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. NZDJPY Price is based on DYNAMIC LEVELS. - Currently the SENTIMENT of the OVERALL MARKET is being POSITIVE. Until yesterday the MARKET RISK was OFF. STOCKS DOWN DOWN until yesterday. Also, the EQUITIES are turning somewhat GREEN but the VOLATILITY is going down. Also COMMODITIES still shows a UP SIDE BIAS. There is a NEUTRAL BIAS currently on the market. It's a bit more than the DOWN SIDE BIAS. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data we have received so far we can say that MARKETS RISK is coming ON. - NZDJPY Price may be slightly higher at 88.77 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be DROP. It may fall to LEVEL 82.09 by breaking the TREND LINE. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
by benny_marshall
NZDJPY - Is the WAR SENTIMENT OVER? Will BE MARKET RISK OFF? - BUILDING CONSENTS, ANZ business confidence, DATA released for the New Zealand dollar this week. BUILDING CONSENTS A very good DATA came. But BUSINESS CONFIDENCE DATA came with a very bad DATA. According to the MARKET SENTIMENT, a DEMAND may come to NZDs this week. Also, the Japanese yen is following the market sentiment as there is no special data release for JPY. - NZD FEATURE is currently down a bit. The main reason for this is that the MARKET RISK is starting to OFF and the STOCKS are starting to DOWN. The NZD FEATURE stands at 0.6945 LEVEL. The JPY FEATURE was heavily DOWN before. But it has now been avoided. Some UP TREND has started moving. According to MARKET SENTIMENT and JPY ECONOMIC PROJECTION. Anyway, if there is a CORRECTION that can be JPY UP in the future. Stay tuned for the VIX INDEX. Right now the VIX is getting a bit UP. NZDJPY Price is currently based on DYNAMIC LEVELS. So we must be careful. - Currently the OVERALL MARKET is RISK OFF. Also STOKES are getting a bit RED. VIX UP is becoming. Also COMMODITIES are now slowly DOWN. - NZDJPY Price may be slightly UP according to MARKET STRUCTURE. A RETRACEMENT has arrived that can TUCH the NZDJPY price TREND LINE again. Then the NZDJPY price can be DROP. Because VIX INDEX is currently UP. Also EQUITY MARKETS are currently DOWN. FOLLOW STRUCTURES AND MARKET SENTIMENT.
by benny_marshall
NZDJPY - Is the WAR SENTIMENT OVER? Will BE MARKET RISK OFF? - The DATA BUILDING CONSENTS, ANZ business confidence, for the New Zealand dollar is due out this week. These are very LOW IMPACT NEWS. According to the MARKET SENTIMENT, a DEMAND may come to the NZD this week. Also, the Japanese yen is following the market sentiment as there is no special data release for JPY. - China has decided to lock down the Shanghai area of China due to the further escalation of the corona virus. It is not clear whether this is a new variant or an old variant. Stay tuned for this. This could affect NZD AUD CURRENCIES in the future. - NZD FEATURE is currently down a bit. The main reason for this is that MARKET RISK is starting to OFD and STOCKS are starting to DOWN. The NZD FEATURE stands at 0.6930 LEVEL. JPY FEATURE is heavily DOWNED according to MARKET SENTIMENT and JPY ECONOMIC PROJECTION. Anyway, if there is a CORRECTION that can be JPY UP in the future. Stay tuned for the VIX INDEX. Its price is above NZDJPY DYNAMIC LEVELS. - Currently the OVERALL MARKET is RISK OFF. Also STOKES are getting a bit RED. VIX UP is becoming. Also COMMODITIES are now slowly DOWN. - NZDJPY currently has a SHORT TERM UPSIDE BIAS. Maybe the NZDJPY price will move to 87.32 LEVEL. - If the market risk goes off anyway, you can definitely BREAK the NZDJPY TREND LINE and sell at 82.09 LEVEL. - Maybe a little PULLBACK can come before the NZDJPY BUY according to the MARKET CONDITION. Today is Monday so we have to wait for the LONDON SESSION. - Stay tuned for market sentiment and NZD FEATURE CHART, JPY FEATURE CHART, VIX CHART. From this we can see the trends against markets against NZDJPY and the MARKET SENTIMENT. - Now the price is above the dynamic levels so maybe the PRICE for DYNAMIC S / R LEVEL can be a RETRACEMENT.
by benny_marshall
XABCD Pattern, Short trader with good probabilityThis pattern indicated that the NZD/JPY could drop nicely this week, looking at the daily chart, and it could bring some decent profits. But of course, this is just basic technical analysis.. 100% accurate, detailed, and precise trades are forever available to our wonderful clients. We will update the idea on our blog's analysis section so we can help you remove stress and risk from it :) Trading by yourself carries a ton of risk, it's best to leave it to professionals to handle the risk for you.
Short
by Visit-wwwTRESORFXcom
NZDJPY Correction Continuation LONGWelcome back! Here's an analysis of this pair! **NZDJPY is now trading in an uptrend and approaching resistance 79.20 area. I expect a correction from the area back to previous support near 78.40, and further growth upward. Bias is LONG! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy