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Nzdjpy!!

NZDJPY to continue in the downward move?NZDJPY - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. We have a 50% Fibonacci pullback level of 90.85 from 91.25 to 90.20. Preferred trade is to sell into rallies. Bespoke resistance is located at 90.80. We look to Sell at 90.80 (stop at 91.10) Our profit targets will be 90.05 and 89.90 Resistance: 90.80 / 91.10 / 91.40 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
NZDJPY, Trendline BreakoutNZDJPY on the daily timeframe indicates a potential bearish trend. The price has recently breached below the trendline support, signaling a probable breakout. This breach suggests a weakening of buying pressure and a potential shift towards selling momentum. As per this analysis, the target for the bearish movement is anticipated to extend towards the psychological level at 88.00. Traders may consider monitoring further price action for confirmation of the downtrend continuation.
Short
by DNP-FX
NZDJPY Will Explode! BUY! My dear friends, Please, find my technical outlook for NZDJPY below: The instrument tests an important psychological level 90.749 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 91.071 Recommended Stop Loss - 90.560 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
NZDJPY - 4hrs ( Buy Trade Target Range 120 PIP ) 💵Pair Name NZD/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing —————————— Bullish Break 91.050 Area reasons - Major Turn level / D - Fixed Poc Break - inner Trend Break - Day / w High Break Bearish Reversal 92.250 Area Reasons - Major Turn level / W - Pattern Target - inner Choch Area - Quarter's High
Long
by GoldenEngine
2
Sell NZDJPY Bearish FlagThe NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish flag pattern. This pattern often indicates a continuation of a downtrend following a brief period of consolidation. Key Points: Sell Entry: Consider entering a short position (selling) around the current price of 90.85, positioned near the resistance line of the flag. This offers an entry point close to the perceived continuation of the downtrend. Target Levels: Initial bearish targets lie at the following levels: 90.30: This represents the height of the flag, measured from the top trendline to the bottom trendline, projected downwards from the breakout point. 89.92: This is a further extension of the downside target, based on the height of the flagpole (the initial downtrend before the flag formation). Stop-Loss: To manage risk, place a stop-loss order above the resistance line of the flag, ideally around 91.30. This helps limit potential losses if the price breaks above the flag pattern. Thank you.
Short
by KABHI_FOREX_TRADING
2
NZDJPY Is Bullish! Long! Take a look at our analysis for NZDJPY. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 90.749. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 91.088 level. 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
NZDJPY - Last Push before Good FridayHello Everyone! Trust that we are all well. NZDJPY Technical Analysis. Monthly - As we end the 1/4, I'd like to see a bullish monthly close before Good Friday. February Bullish Wickfill is being filled. Weekly - So Last week we saw the price push up and then come back to retest the Daily support line. It has also formed an inverted hammer suggesting price could push higher. Daily - Following Monday's candlestick close, I'll be dropping down to a lower timeframe of 4H/1H for entries. I'm conscious that this trade could be overpromising, due to the Monthly Candlestick closure at the end of this week, but we do have a lot of US news coming up which I hope will weaken the JPY. Please trade consciously. Have a blessed week! God Bless
Long
by Spokentrvth
2
NZDJPY to continue in the downward move?NZDJPY - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a sell from current levels. A move through 90.60 will confirm the bearish momentum. The measured move target is 90.40. We look to Sell at 91.00 (stop at 91.25) Our profit targets will be 90.35 and 90.15 Resistance: 90.75 / 91.00 / 91.25 Support: 90.50 / 90.40 / 90.25 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
NZDJPY ShortMARKET PHASE OANDA:NZDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it's initial move down but due to the velocity of the downward move, it's gapped some orders around 90.876. Price has already retraced into this area during New York session and our entry was triggered. TRADE Shorted OANDA:NZDJPY with the following with the following parameters: Sell Limit: 90.876 Stop Loss: 91.001 Take Profit: 90.626
Short
by Mankz
1
Counter-Trend for Greater ProfitsThis week, I'm looking at NZDJPY with a bearish perspective, and here's my trade plan: 1. Bearish Shark Pattern Confirmation at 91.74: I'll be patiently waiting for the Bearish Shark Pattern to confirm at the level of 91.74. This level coincides with the formation of a Head & Shoulders pattern, adding confluence to the bearish setup. 2. Extended Trading Targets: If the Bearish Shark Pattern sets up as anticipated, I'll extend my trading targets beyond the traditional Target1 and Target2. By doing so, I aim to capitalize on the potential bearish momentum and maximize profits from the trade. 3. Stop Loss Management: Once the market reaches the traditional Target1 of the Shark Pattern, I'll shift my stops to the entry level to protect profits and minimize risk. By patiently waiting for the bearish setup to confirm and managing stops effectively, I aim to capitalize on the shorting opportunity presented by NZDJPY this week. What are your thoughts on NZDJPY? Feel free to share your trade plans and insights below! Wishing everyone successful trading ahead!
Short
by RaynLim
NZDJPY Short TradeMARKET PHASE OANDA:NZDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it`s initial move down but due to the velocity of the downward move, it's gapped some orders around 91.019. Price is likely to retrace to this level before continuing downwards. TRADE I will be entering short on OANDA:NZDJPY with the following parameters: Sell Limit: 91.019 Stop Loss: 91.159 Take Profit: 90.739
Short
by Mankz