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Nzdjpy!!

NZDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
NZDJPY Is Very Bearish! Sell! Please, check our technical outlook for NZDJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 86.907. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 85.991 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
NZDJPY LIMIT SELL IdeaIm looking for 2 setups here. 1 risky and 1 safe . Of course there is no "safe" setup in forex trading... I will take both trades with 0.5-1%(risky) and 2%(safe) risk, if they get filled. The basic price points: RISKY : Entry at. 86.600 Stop loss: 86.900 Take profit: 83.600 SAFE : Entry: 87.000 Stop loss: 87.200 Take profit: 83.600 I want this to be filled next week, wont take this trade if it fills today ( friday 07.28 ), as im up 5.6K$ this week. Safe trading everyone, follow me for more setups/ideas .
Short
by beniitrades
1
NZDJPY - SHORT; Much worse than it looksWith all the excess "liquidity" force down everyone's throat, the world over, this carry trade is no exception. This pair can move 10k pips in a heartbeat when 'it' hits the fan (which ought to be sooner than later). On the long run (full cycle) the NZD is not worth 50 yen! (It is actually much closer to 30, after all is said and done.) With a "live" BoJ meeting expected at the end of this month, all these trades could kick into high gear (trap door), in an instant.
Short
by Nemo_Confidat
4
NZDJPY LONG NZD/JPY breaks resistanceNZDJPY resistance at 8555/75. Shorts need stops above 8590. Targets: 8520, 8480. CADJPY continues higher as expected but I have not managed to get us in to a long. I should have had us buying on a break above 102.90 so I will use this as a support today. Longs at 102.90/70, stop below 102.50. RBNZ announces 0.25% OCR hike, keeps peak rate forecasts unchanged. Retreat in yields, upbeat concerns about Japan manufacturers also weigh on prices. Risk catalysts are the key, RBNZ’s Orr eyed for immediate directions. NZD/JPY stands on slippery grounds as it takes offers around 81.50, down more than 100 pips on a day, as the Reserve Bank of New Zealand (RBNZ) fails to offer hawkish surprise to the markets on early Wednesday. RBNZ announces 0.25% increase to its Official Cash Rate (OCR), as expected, during May month monetary policy meeting. It’s worth noting that the RBNZ defends its cash rate peak at 5.5% and exert downside pressure on the NZD/USD prices. Apart from the RBNZ moves, the retreat in the US Treasury bond yields and recently upbeat concerns about Japan also weigh on the exotic pair. That said, the US 10-year and two-year Treasury bond yields retreated from the highest levels since early March the previous day. On the other hand, “Business sentiment at big Japanese manufacturers turned positive for the first time this year and service-sector morale hit a five-month high, providing more evidence of an economy on the mend after a COVID-led recession,” per the monthly results of the Reuters Tankan survey. Moving on, challenges to sentiment and the bond market moves can entertain the NZD/JPY pair traders while a press conference by RBNZ Governor Adrian Orr could offer immediate directions to the cross-currency pair. Should the policymaker manages to defend the hawkish bias, the New Zealand Dollar (NZD) may witness a corrective bounce. Technical analysis Despite the latest retreat, a one-month-old ascending support line, near 85.15 by the press time, challenges the NZD/JPY bears dominance.
Long
by DaveBrascoFX
NZDJPY Support break-outs determine our tradesNZDJPY gave us last time (May 05) a very accurate buy signal that hit the target (see chart below) and even broke the 1 year Resistance Zone: The pattern that emerged is a Bullish Megaphone, whose latest Higher Low leg is supported by the 1D MA50 (blue trend-line), having closed all candles above it. As long as it holds, we remain buyers and target Resistance 1 (89.700). If the price breaks below Support 1 (86.230) we will sell and target the bottom (Higher Lows trend-line) of the Bullish Megaphone at 85.330, near the 1D MA200. A 1D candle close below that, will be a bearish break-out signal for us and we will sell again, targeting Support 2 (83.540). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
2
💱NZDJPY - Symmetrical triangle in reversal set-upNZDJPY is forming a symmetrical triangle on the background that D1 is in the phase of forming a head and shoulders reversal set-up. TA on the high timeframe: 1) A head and shoulders is forming against support at 87.140 and resistance at 88.56. A strong enough pattern for a market reversal. 2) But! Consolidation is forming, which may send the price to 89.00 TA on the low timeframe: 1) A symmetrical triangle has been forming for the past two weeks. 2) The price cannot approach the support retest, because the liquidity at the bottom does not allow it. 3) The price is heading for the resistance retest. Two scenarios are possible. 4) The price can break through the resistance and form an impulse. Or a false breakout will be formed, consolidation below the resistance will give an entry point Key support: 86.700 Key resistance: 87.888
by Gold-Tech
11
NZD/JPY Technical Analysis! BUY! My dear subscribers, This is my opinion on the NZD/JPY next move: The price is coiling around a solid key level - 87.454 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Target - 87.932 Safe Stop Loss - 87.191 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
3
Kepp it easy NZDJPY Long Can go Above 101Trend Bullish Momentum bullish Pivozs bullish broken, we will make new Higher Highs If the NZD/JPY breaks the abovementioned price level, the next stop would be the 89.00 psychological level, as the pair gets on its way toward testing the 2015 high at 92.42. Conversely, the NZD/JPY first support would be the May 23 high at 87.31, which, once cleared, would expose the May 24 daily high turned support at 86.68. The following support levels would be the Tenkan-Sen line at 86.00 and the Kijun-Sen line at 85.56. Given that the Ichimoku cloud suggests the NZD/JPY is upwards, oscillators like the Relative Strength Index (RSI) indicate that the pair is approaching overbought territory, but its slope aims down. The three-day Rate of Change (RoC) shows buyers are losing momentum. LEVELS Previous Daily High 87 Previous Daily Low 86.07 Previous Weekly High 85.55 Previous Weekly Low 84.42 Previous Monthly High 87.31 Previous Monthly Low 83.44 Daily Fibonacci 38.2% 86.64 Daily Fibonacci 61.8% 86.42 Daily Pivot Point S1 86.32 Daily Pivot Point S2 85.73 Daily Pivot Point S3 85.39 Daily Pivot Point R1 87.25 Daily Pivot Point R2 87.59 Daily Pivot Point R3 88.18 NZ Dollar to Yen forecast by day Date Weekday Min Max Rate 04/07 Tuesday 88.10 90.78 89.44 05/07 Wednesd 88.79 91.49 90.14 06/07 Thursday 88.93 91.63 90.28 07/07 Friday 87.82 90.50 89.16 10/07 Monday 88.22 90.90 89.56 11/07 Tuesday 88.40 91.10 89.75 12/07 Wednesd 88.25 90.93 89.59 13/07 Thursday 88.63 91.33 89.98 14/07 Friday 89.44 92.16 90.80 17/07 Monday 88.61 91.31 89.96 18/07 Tuesday 88.22 90.90 89.56 19/07 Wednesd 89.21 91.93 90.57 20/07 Thursday 89.77 92.51 91.14 21/07 Friday 90.46 93.22 91.84 24/07 Monday 91.29 94.07 92.68 25/07 Tuesday 91.30 94.08 92.69 26/07 Wednesd 92.18 94.98 93.58 27/07 Thursday 92.22 95.02 93.62 28/07 Friday 91.94 94.74 93.34 31/07 Monday 92.06 94.86 93.46 01/08 Tuesday 92.01 94.81 93.41 02/08 Wednesd 92.59 95.41 94.00 03/08 Thursday 93.08 95.92 94.50 04/08 Friday 92.32 95.14 93.73 The NZD/JPY is still upward biased from a daily chart perspective, as the pair remains above the Ichimoku cloud.
Long
by DaveBrascoFX
2
NZD/JPY Trading Opportunity! BUY! My dear subscribers, This is my opinion on the NZD/JPY next move: The asset is approaching an important pivot point 87.48 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Target - 89.00 My Stop Loss - 86.39 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
NZDJPY Is Bullish! Long! Please, check our technical outlook for NZDJPY. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 87.647. Taking into consideration the structure & trend analysis, I believe that the market will reach 89.204 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1