NZDJPY - Intraday - We look to Buy at 85.50 (stop at 84.85) Previous support located at 86.00. Previous resistance located at 86.50. Further upside is expected although we prefer to set longs at our bespoke support levels at 85.50, resulting in improved risk/reward. A move through 86.50 will confirm the bullish momentum. Our profit targets will be 87.00 and...
Hey traders, in today's trading session we are monitoring NZDJPY for a buying opportunity around 85.7 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
The NZDJPY pair followed very closely the trading plan we presented on our last September 22 analysis: As you see after a drop to the 1.236 Fibonacci extension, the price rebounded aggressively back to the Resistance Zone. What helped us make this accurate projection were the striking similarities that presented early on with the June - September 2021...
NZDJPY - 22h expiry - We look to Buy at 85.80 (stop at 85.15) There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 86.50 will confirm the bullish momentum. Our profit targets will be 87.30 and 87.50 Resistance: 87.00 / 87.30 / 87.50 Support: 86.00 / 85.80 /...
NZD/JPY Kiwi rallies to break out. 🇳🇿 The NZD has been in a downtrend with a number of currencies for some time, on the chart with the yen we can see the accumulation since March this year. 🇳🇿 Looking at the data coming out of the economy. 🇳🇿 Unemployment one of the lowest on record at 3.3% 🇳🇿 Inflation at 7.2% Not the worst. We can see that it has been...
NZDJPY - 22h expiry - We look to Buy at 84.60 (stop at 83.95) Previous support located at 85.00. Previous resistance located at 85.50. Further upside is expected although we prefer to set longs at our bespoke support levels at 84.60, resulting in improved risk/reward. A move through 85.50 will confirm the bullish momentum. Our profit targets will be 86.10...
NZDJPY - 22h expiry - We look to Buy at 85.00 (stop at 84.35) Previous support located at 85.00. Previous resistance located at 86.00. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 86.50 and 87.00 Resistance: 86.00 / 86.50 / 87.00 Support:...
NZDJPY - 22h expiry - We look to Buy at 83.00 (stop at 82.35) Previous support located at 83.50. Previous resistance located at 84.00. Price action looks to be forming a bottom. A move through 84.00 will confirm the bullish momentum. Our profit targets will be 84.50 and 85.00 Resistance: 84.00 / 84.50 / 85.00 Support: 83.50 / 83.00 / 82.50 Risk...
just now NZDJPY - Intraday - We look to Buy at 81.10 (stop at 80.45) Previous support located at 82.00. Previous resistance located at 82.25. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 82.60 and 83.00 Resistance: 82.25 / 82.60 /...
Price may be testing the previous high here soon. Macd is losing momentum with bull volume coming back in at a support level. Looking for price to retrace previous high 23% - 61% or greater. Happy trading!
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (83.310). 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 a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (83.310). 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 a downtrend is expected. . The price is below the 21-Day WEMA, which acts...
NZD/JPY Are we flying to test 0.618? Quick analysis of NZD/JPY After a massive downward wave and a few days of correction, are we ready to continue the downward trend? Due to the recent weakness of the nzd and the gradually increasing strength of the jpy I encourage you to observe this pair in the coming days. Risk-reward ratio around 1 (correct)
Looks like we may be at a resistance level on the 1 hour and monthly timeframe. Price may be exhausting on the 1 hour while the mac d seems like its losing its momentum on the top side. Would love to see the 200 HMA tested here at some point. Looking for 38% or more retracement of the previous low on the 1 hour timeframe. Price has been gaining strength while...
NZDJPY - Intraday - We look to Sell at 82.50 (stop at 83.10) Previous support located at 82.00. Previous resistance located at 82.50. A higher correction is expected. There is no clear indication that the downward move is coming to an end. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 81.00 and 80.75 Resistance:...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. NZDJPY is overall bullish trading inside the brown channel, and it is now approaching the lower trendline, so we will be looking for trend-following buy setups. Moreover, the zone 78.5 - 79.5 is a strong support zone . So the highlighted purple circle is a strong area to look...
#NZDJPY NZDJPY should be slightly SELL because the MARKET RISK is off now. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. Either way, NZDJPY should be a LONG TERM BUY. Anyway, the PRICE can go down again on the...