NZDJPY H4 Bullish In this video, we will be discussing the bullish forecast for the NZDJPY currency pair. We will analyze the current market conditions and trends to provide insights on why we believe NZDJPY is likely to see a bullish movement in the near future. Stay tuned to learn more about potential trading opportunities and strategies for NZDJPY.
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Nzdjpy!!
NZD/JPY reaches resistance level, probable sell set-upHello traders! NZD/JPY has reached the resistance level on the hourly chart.
As you can see in the chart, I have highlighted the resistance level with a rectangular
bar. To be precise, the level around 92.20 is the resistance
So far, we have seen a couple of bearish candlesticks in this level. So, if the level
remains unbroken, traders can consider selling NZDJPY@92.15-92.25 with stop loss
above the resistance level and TP at 91.56
NZDJPY Will Collapse! SELL!
My dear friends,
NZDJPY looks like it will make a good move, and here are the details:
The market is trading on 91.623 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 91.120
Recommended Stop Loss - 91.883
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
NZDJPY: Bullish Continuation is Highly Probable! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDJPY pair price action which suggests a high likelihood of a coming move up.
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NZD/JPY BULLS ARE GAINING STRENGTH|LONG
Hello,Friends!
Previous week’s red candle means that for us the NZD/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 91.697.
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NZDJPYNZDJPY Price : 91.49
Trend : UP ( Due to the Upward channel on Daily chart )
Transaction: Buy
Reason : Upward channel on Daily & H4 time frame and the price has reached to support level on ( H4 ) in additional to oversold signal from Stochastic on ( H1 ) time frame .
Technical analysis failure at level : 91.00
Technical analysis success at level : 93.00
NZDJPY: Weak Market & Bearish Continuation
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDJPY pair price action which suggests a high likelihood of a coming move down.
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NZDJPY possible dropAfter price impulsed to the upside to take out previously formed trend line liquidity, it preceded to break structure to the downside to continue with its bearish trend. We see a similar impulse happening that takes out recently formed trend line liquidity. This impulse quickly reverses after tapping into an extreme supply zone that was formed during the bearish push. It then gave us a confirmed change of character on lower time frame. Zooming in, we find that price has currently formed liquidity that it could use to fuel its move further to the downside after filling in some imbalance, taking out our recently formed low and its liquidity.
NZDJPY, Bullish trend. NZDJPY / 1D
Greetings, traders! Welcome back to another market analysis.
The NZDJPY pair has been following a bullish trend, with the price indicating signs of strength in the last week. This breakout suggests the possibility of further upward movement. I intend to consider entering positions at lower prices following confirmation of the lower time frame during the next pull-back phase.
Trade safely,
Trader Leo
NZD/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
We are going short on the NZD/JPY with the target of 90.541 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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Buying NZD/JPY (New Zealand Dollar vs Japanese Yen)OANDA:NZDJPY NZD/JPY: Bulls Hunting in the Land of Samurai and Kiwis!
Looking for a chance to grab some pips in the forex market? Take a trip to the land of samurai and kiwis and long NZD/JPY at 90.609 for a potential sweet reversal!
Prediction:
A break above 90.609 could trigger an upward spiral for NZD/JPY.
First target is 91.500, followed by 92.200 - be ready to lock in profits at these levels!
Remember:
Watch out for the market whales! Stay tuned for economic news and events.
Manage your risk wisely. Don't go all-in - enter with a small position size.
This is just a suggestion, always do your own research before entering any trade.
Is NZDJPY In Falling Wedge, Or Is Something Else Building Up?Looking at the short-term technical picture of EASYMARKETS:NZDJPY , from around mid-March, the pair is trading inside a falling wedge pattern, which tends to be a bullish indication. Additionally, the rate continues to trade above a short-term upside support line drawn from the low of July 2023. Despite these indications to the upside, in order to aim higher, we would like to wait for a violation of the upper side of the aforementioned wedge first.
If that happens, we would aim for the 91.21 obstacle, or even for the 92.20 zone, marked by the highest point of March. If the buying doesn't stop there, the next possible target might be at 93.45, which is the current highest point of this year.
Alternatively, a break of the lower side of the previously mentioned wedge and a drop below the upside line could attract more sellers into the game. EASYMARKETS:NZDJPY may then travel to the 89.26 obstacle, a break of which could set the stage for a move to the 88.64 level. That level marks the current lowest point of this year. If it fails to provide support and breaks, this move might clear the path to the 87.67 zone, which is the lowest point of December 2023.
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NZDJPY to form a lower high?NZDJPY - 24h expiry
The primary trend remains bearish.
The sequence for trading is lower lows and highs.
Rallies should be capped by yesterday's high.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 90.60.
We look to Sell at 90.60 (stop at 90.84)
Our profit targets will be 90.00 and 89.85
Resistance: 90.60 / 90.80 / 91.10
Support: 90.20 / 89.90 / 89.60
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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NZDJPY Channel Up Buy SignalThe NZDJPY pair is on a Bearish Leg of the long-term Channel Up, below the 1D MA50 (blue trend-line) but above the 1D MA200 (orange trend-line), which is the long-term support. In fact the latter has been holding since June 02 2023.
The minimum Bearish Leg decline within this pattern has been -3.77% so having almost completed this fall during the current pull-back, we now turn bullish on this pair, targeting 94.500 (+5.44% rise, which has been the minimum % increase of Bullish Legs within this pattern).
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NZDJPY Uptrend still our friendOn higher time frames we can identify which direction we're currently in. I'm entering due to market structure shift and change of character on our lower time frame (5 min). Around 90.577 there is liquidity which will be a target at some point and a supply zone. My entry @90.220, TP @90.577. Good luck!