NZDJPYTF: 4 hr
Looking for price to fall out of the trend line and continue downwards. Price could also bounce to the upside here so I am waiting for a break and retest
Nzd-jpy
NZDJPY approaching support, potential bounce! | 6 May 2020Price is approaching our first support in line with our 78.6% fibonacci retracement , swing low support and ascending trend line where we could see a further push up to our first resistance level . A break above our intermediate resistance would see a further push up to our first resistance level . Please also refer to the video analysis below for a step-by-step guide on how we got these levels. Cheers!
NZDJPY approaching support, potential bounce! | 6 May 2020Price is approaching our first support in line with our 78.6% fibonacci retracement, swing low support and ascending trend line where we could see a further push up to our first resistance level. A break above our intermediate resistance would see a further push up to our first resistance level. 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. Cheers!
NZD/JPY Potential Bearish Move by ThinkingAntsOk🔸 4H CHART EXPLANATION:
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🔸 Price tried to break the Resistance Zone multiple times, but it couldn't.
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🔸 We observe that the Ascending Trendline has been broken, and price has been moving sideways since then.
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🔸 It has broken the 4H Structure to the downside last night, so, we consider that there is bearish potential here.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
8H NZD/JPY SHORTOn the Daily timeframe, we can see a bearish flag pattern in play.
On the 4H timeframe, we can see a clear strong move to the downside and is now testing the support, or bottom of the flag. I am watching for a break of this support to enter to the short side.
Don't miss the great sell opportunity in NZDJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (65.1). 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 downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 64.28
TP2= @ 63.73
TP3= @ 63.10
SL: Break Above R2
NZDJPY - Buying at the trend of higher lows NZDJPY is Bullish - We look to Buy at 64.85
▪️ Short term momentum is bullish.
▪️ Bespoke support is located at 64.82.
▪️ The trend of higher lows is located at 64.82.
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 64.85, resulting in improved risk/reward.
Stop: 64.65
Target1: 65.70
Target2: 66.00
NZDJPY OUTLOOKHello Traders
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THIS IS NZDJPY ANALYSIS
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NZDJPY further spike before a drop! | 30 April 2020Price could spike higher to our 76.4% retracement and 100% extension before a drop to our first support level . Stochastic is approaching support as well. I have also linked the video analysis below, do check that out :) cheers!
NZDJPY further spike before a drop! | 30 April 2020Price could spike higher to our 76.4% retracement and 100% extension before a drop to our first support level. Stochastic is approaching support as well. I have also linked the written version below, do check that out :) cheers!
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 pair is in Symmetrical triangle. Wait for the breakout.
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
Seguimiento de tendencia bajista con el JPYSegun la macro estructura semanal bajista que el mercado me presenta podemos ver que New york generaria ventas en este par.
NZDJPY - LONGWatch price action at bottom of triangle for long. Price may break the flat bottom thus creating an expanding formation
Safe entry:
Wait for price to create a reversal pattern near the bottom - Some sort of price action where you can draw a descending trendline on the lower time frames. Enter on breakout of trendline
NZDJPY CLOSE TO DESCENDING TRIANGLE BREAKOUT Hello 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, NZDJPY is currently inside Descending Triangle and is close to a breakout. There are two possibilities as shown. So one should wait for the breakout.
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 LONGHello, here is my analysis for NZDJPY. Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
NZDJPY UPDATE 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!
Good Luck!!!!!!!!!!!
NZDJPY With a Beautiful .786 Fib RetracementLet's do some fib scalping today. Here on NZDJPY we can see a nice fib retracement going back all the way to the .786 level. When you trade a retracement here you'd want to go long on any of the major fib levels. The lower level you pick the better risk reward you're getting as the expected upside increases significantly relative to the expected downside.
We've seen a confirmation of the .786 level here with a beautiful bounce and now the price is hovering around the .618 level. The price has been here 3/4 times already before in the past day.
I am going to put a long position here with a stop loss directly below the .786.
Enjoy!
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
NZDJPY Price has retested trend line will it break bearish? 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!
Good Luck!!!!!!!!!!!
NZDJPY technically based forecast
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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 NZDJPY technicaly based idea, we can see price is bounce from bottom trend line , candels formation is strong bulish, technicaly indicators showing we can expect higher push up in price exepcting push till top trend line , NZD the strongest currency currently, JPY one of the weakest.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
CRUCIAL POINT FOR NZDJPY AS ITS CLOSE TO RESISTANCE Hello 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 that the pair is close to its resistance, the pair has been going up since retesting the support line. One can wait for 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
NZDJPY BUY OR SELLThe NZDJPY is currently at a decisive zone and every safety-minded traded would definitely avoid jumping in here. We wait for a retest either in our Plan A zone or in our Plan B zone.
