Nzd-jpy
NZD going to re-test support at 66.3NZD show first signs of reversing from bear trend on grand scale. I expect it to come back to SR zone it broke out in the end of May. Strongest support at 66.3. Possible bounce a little lower or higher. Note that shorting in the same direction is not safe.
Support 67.6 / 66.9 / 66.3 / 65.65
Resistance 69.2 / 70 / 71.3 / 73.1
NZDJPY | Bearish Flag Breakout..!!NZDJPY (update)
In 4h Chart, NZDJPY Already Broke the Uptrend line & Now Forming Bearish Flag Pattern.
If Flag Broken Downside, Expecting 200+ PIPS Bearish Wave So Keep Your Eyes on it..!!
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Don't miss the great buy opportunity in NZDJPY Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (68.61). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 69.57
TP2= @ 69.76
TP3= @ 70.43
TP4= @ 71.13
TP5= @ 71.65
SL= Break below S2
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Don't miss the great buy opportunity in NZDJPY Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (68.61). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 69.57
TP2= @ 69.76
TP3= @ 70.43
TP4= @ 71.13
TP5= @ 71.65
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Sell trade on NZDJPYHello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the price is inside descending channel. We are looking at a downside. One can take a sell trade.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
NZDJPY WEEKLY OUTLOOK JUNE 15-19NZDJPY is looking to fulfill an inverted head+shoulders pattern based on the 4H and lower timeframes. The markets reacted this week with the Federal Funds Rate being kept at 0.25% for the USD. The markets have reacted strongly to that decision and has showed signs of trend reversals/USD strength in most pairs. The criteria I am looking for regarding this pair is 1 of 3 things. A 4HR bullish closure above 69.600. Whether that be a bullish engulfing candlestick, bullish inside bar pattern, or a bullish pin bar candlestick. This should take this pair to 70.500, which would equate to about 90 or so pips. Patience is key.
NZD/JPY: Bearish setupHello traders!
SHORT NZD/JPY! Reasons:
- Nice EVENING STAR
- MACD seems to be getting bearish
- STRENGHT BULLISH MOMENTUM is gradually declining
Target price should be towards the support line
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
NZDJPY inside a megaphone range 🦐 On the daily chart the market is inside a megaphone since 2018 and recently just hit the upper trendline where it started the downtrend.
The price is now currently retracing and will probably hit the 0.382 at the resistance structure.
If the market will give us bear signal at the resistance we can look for a possible short according to our rules.
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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 Plancton0618 strategy will trigger.
NZDJPY will price start to range again in at pre-covid levels? This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
ANALYSIS ON NZDJPYHello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the price hit its resistance and its trendline. But there is a support area close to it so one can wait for price confirmation.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
NZD/JPY: POSSIBLE BREAK OUTHello Traders!
Regarding NZD/JPY, we can note that the two indicators used to analyze this currency pair are good:
- MACD line is ABOVE the SIGNAL line -> uptrend incoming
- RSI shows no overbought signals
- Huge bullish candle confirms our bullish thoughts
I think that the price will break out and touch the new resistance. We cannot exclude a further increase so keep an eye on it!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
NZDJPY on trendline pullback | 1st June 2020NZDJPY is pulling back to a trendline and could see potential drop from there.
Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!