NZDJPY H4 Popped higher here yesterday, as we saw also on the AUDJPY chart above, sell zone for AUDJPY, but not really for NZDJPY. We have indicated expectations and requirements if you like, which we feel would grant us reasonable entry meeting our RR requirements.
A Bearish Shark Pattern complete on the 8 Rangebar charts is a perfect setup for scalpers. A trade setup is a trading setup after all. The setup completed at 83.92, if you are late to the trade, it's better for you to sit out of this. The reason for that is because the profit isn't a lot and by entering late, in the long run, you will jeopardise your trading portfolio.
- No high impact news for the New Zealand dollar today. Also, there is no high impact news for JPY. But somehow, New Zealand's employment report data was released on Wednesday. But I did not see any such change or development. So the NZD was slightly RANGE. Most likely NZDJPY will FOLLOW the MARKET SENTIMENT this week. So pay attention to VIX, MARKET...
GBPNZD is in an uptrend. Price is near support 1.91870 Expected opportunity to rebound Buy Red Zone Target 1.95260 GooD Luck 😊
EURNZD - Intraday - We look to Sell a break of 1.6177 (stop at 1.6211) The trend of higher lows is located at 1.6210. A break of the recent low at 1.6180 should result in a further move lower. Short term momentum is bearish. Our profit targets will be 1.6086 and 1.6066 Resistance: 1.6250 / 1.6270 / 1.6300 Support: 1.6200 / 1.6170 / 1.6100
NZD FUNDAMENTAL BIAS: BULLISH 1. Monetary Policy At their April meeting the RBNZ surprise economists but not STIR markets by delivering a 50bsp hike, taking the OCR to 1.50%. The bank stressed, like most others, that inflation is a concern and that they will ensure that higher price pressures don’t become embedded in longer-term inflation expectations. The...
Hey traders, Here is our forecast on NZDJPY. The level where the price is trading right now is decent and the price will most likely retrace from that. Like, comment and subscribe to our TradingView Page. ❤️ Please, support our work with like & comment! ❤️
Opportunity spotted like most of my trades, through a double bottom, failing to break a resistance line and following previous market patterns.
Using past history, should see opening candle of trade or next candle dip into SL area, so no worries if it does, as it has be pre-determined. Then following previous patterns, should drop down after failing to break resistance.
A good long opportunity can be made at 0.82350 as it is forming bullish FLAG pattern. position can be made with the target of 0.86000 and with the stop loss of 0.82110. Hope you liked my analysis. If did! give a thumbs up
Failure to break a level of resistance for a fourth time. Been a slow day so far, so struggling to find entries in the markets.
The GBPNZD pair is currently under a rejection on the 1D MA200 (orange trend-line). Even though the 1D MA50 (blue trend-line) is the next Support, based on the correction of 2020, we are more likely to see the trend turn bearish again than bullish. As a result, our plan is to sell as long as the price doesn't close a 1D candle above the 0.618 Fibonacci retracement...
Anticipating short-term movement to the upside in the lower time-frames. Apply proper risk management. As usual, happy trading
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On the daily chart , we can clearly spot a possible formation of an inverse head and shoulder pattern. As we can see back in 2021 October, an exact pattern was formed, eventually resulting in a breakout followed by a persistent bull market. Therefore, a similar scenario could happen again soon, hinting a beginning of a bull market. Currently, we are carefully...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions