Nzd-jpy
NZDJPY H&S Formation - Huge Sell opportunity Here is a new SELL Scenario for NZDJPY , there is here a very high probability of head and shoulders formation.
I expect a sell between 80.400 - 80.700
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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.
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NZDJPY is on bearish momentum! | 15th Feb 2022Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our sell entry at 76.805 in line with 50% Fibonacci retracement towards our Take Profit at 75.314 in line with 127.2% Fibonacci extension. RSI is showing bearish momentum.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NZDJPY Trading PlanThe pair has been trading within a Channel Down since the October 21 2021 market top. As long as it holds and the price is trading below the 0.618 Fibonacci retracement level, the trend remains bearish and NZDJPY should be targeting a new Lower Low within the Channel. A reasonable target is 73.000, which is just above the 1.236 Fibonacci extension that was the last Lower Low of the May - August Channel Down.
On the other hand, if the price breaks above the 1D MA200 (orange trend-line), which is outside the Channel Down, the bullish trend is resumed and the break-out should target at least the 0.236 Fibonacci retracement level. The recent Bullish Cross on the 1D MACD can certainly help towards that direction.
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NZDJPY bearish momentum! | 4th Feb 2022Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our sell entry at 77.856 in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension towards our Take Profit at 75.217 in line with 127.2% Fibonacci extension. Technical indicators are showing bearish momentum.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NZDJPY bearish momentum! | 28th Jan 2022Prices are on bearish momentum and abiding to our descending channel. We see the potential for a dip from our sell entry which is a graphical overlap at 75.971 in line with 100% Fibonacci extension and graphical swing low towards our Take Profit at 75.043 which is an area of Fibonacci confluences. Prices are trading below our Ichimoku cloud resistance and RSI are at levels where dips previously occurred, further supporting our bearish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NZDJPY potential for bounce! | 21st Jan 2022Prices are on bullish momentum and abiding to our ascending trendline. We see the potential for a bounce from our buy entry at 76.438 in line with 78.6% Fibonacci retracement towards our Take Profit at 77.568 in line with 23.6% Fibonacci retracement and 38.2% Fibonacci retracement. RSI are at level where bounces previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Adapt and Apply As I said in the analysis on NJ that the Supply Zone was not a signal to short if it didn't show bearish pressure and LTF change of direction then you adapt to market movement.
The zone was broken a retrace of 50% was completed and on a LTF there was a set up to go long, it reached the 1hr Supply at the extreme, again on LTF changed direction and entry was there.
Drop to the 15m chart and take a look for yourself... opportunities everyday!
Trade Safe :)
NZDJPY ready to short?Looks like a good area for shorts - lower time frame confirmation needed but with the major swing and retracement at the 50% level with a decent looking Supply zone on offer there's a good chance price could turn here.
This is not a signal to short we don't know if this supply will hold so don't blindly sell expecting it to go down, look for lower time frame analysis to show that price is starting to move in the same way as the higher timeframe.
Trade Safe :)
NZDJPY is on bullish momentum! | 10th Jan 2022Prices are at a Pivot . We see the potential for a bounce from our buy entry at 77.972 in line with 38.2% Fibonacci retracement towards our Take Profit at 79.224 which is an area of Fibonacci confluences. RSI is at levels where bounces previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NZDJPY is on bullish momentum! | 10th Jan 2022Prices are at a Pivot. We see the potential for a bounce from our buy entry at 77.972 in line with 38.2% Fibonacci retracement towards our Take Profit at 79.224 which is an area of Fibonacci confluences. RSI is at levels where bounces previously occurred.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NZDJPY shortHey traders, in the coming week we are monitoring NZDJPY for a selling opportunity around 78 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
NZDJPY is on bullish momentum! | 7th Jan 2022Prices are on bullish momentum and abiding to our ascending channel. We see the potential for a bounce from our buy entry at 77.962 in line with 61.8% Fibonacci extension and 38.2% Fibonacci retracement towards our Take Profit at 78.784 in line with 61.8% Fibonacci retracement. Prices are trading our MA and also Ichimoku clouds, further supporting our bullish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NZDJPY can move higher? 🦐NZDJPY on the 4h chart is trading between a minor support and a daily resistance.
According to Plancton's strategy IF the price will break above and satisfy the academy rules we will set a nice long order.
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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.