Nzdjpyanalysis
NZDJPY - Is the WAR SENTIMENT OVER? Will BE MARKET RISK ON? - The NZD CPI DATA, one of the most important EVENTs for the NZD, is due out this week. It is set to release tomorrow. FLASH MANUFACTURING DATA for JPY is set to release on Friday. LOW IMPACT NEWS Even though it will be very important.
- NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK OFF. Again it will be UP. Today there is a slight market risk on the situation. The NZD FEATURE stands at 0.6760 LEVEL. The JPY FEATURE has been heavily DOWN before. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. NZDJPY prices are moving higher than DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is being POSITIVE. Yesterday a RISK ON TONE was PLAY. STOCKS Somewhat showing a NEUTRAL BIAS at the moment. And VOLATILITY is DOWN. Also COMMODITIES still shows a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. It's a bit more than the UP SIDE BIAS. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data we have received so far we can say that MARKETS RISK is turning ON.
- NZDJPY Price may be slightly higher at 89.50 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be DROP. It may fall to LEVEL 82.09 by breaking the TREND LINE. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
NZDJPY | BULLISH PARALLEL CHANNELNZDJPY has been trading in bullish parallel channel . Recently price has reached to the top of the bullish paralllel channel and took beating. We are still bullish in the pair and buy on support area can be done with bullish price action.
Alternatively, breaking below the support area will be all over for the bulls.
Trade your levels accordingly.
NZDJPY - Will BE MARKET RISK ON? - RBNZ MEETING, one of the most important events for the NZD this week, was held. Everyone expected the RATE HIKE to be 25bps. But they increased the RATE by 50bps. You can watch it from ECONOMIC CALENDAR.
- NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK OFF. Today there is a slight market risk on the situation. The NZD FEATURE stands at 0.6792 LEVEL. The JPY FEATURE has been heavily DOWN before. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. NZDJPY Price is based on DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is being POSITIVE. Until yesterday the MARKET RISK was OFF. STOCKS DOWN DOWN until yesterday. Also, the EQUITIES are turning somewhat GREEN but the VOLATILITY is going down. Also COMMODITIES still shows a UP SIDE BIAS. There is a NEUTRAL BIAS currently on the market. It's a bit more than the DOWN SIDE BIAS. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data we have received so far we can say that MARKETS RISK is coming ON.
- NZDJPY Price may be slightly higher at 88.77 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be DROP. It may fall to LEVEL 82.09 by breaking the TREND LINE. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
⭕️SELL NZDJPY ❗️🔰You see the analysis of the New Zealand Dollar against the Japanese Yen in 30 minutes ( NZDJPY , m30)🔎
🔰SELL Limit NZDJPY at 85.950
✅TP ; 85.350
❌SL ; 86.100
🔰As it is clear from the image, the price is moving in a triangle pattern, due to the presence of the price in the triangle resistance line (the bearish white line) the sale in this range seems to be low risk. The target is placed at the triangle support line (white ascending line) 👌
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I hope this analysis is useful for you🙏🏻🌹
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NZD/JPY 2 Analysis Scenarios ,Waiting For Breakout And Decide !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
NZDJPY Trade Idea - Elliott WaveLet’s discuss the price chart of the NZDJPY currency pair based on the 480 minute timeframe.
From the Elliott Wave perspective, the price has likely completed Wave (4) with a 23% Fib retracement of the Wave (3). This is a typical retracement level when Wave (3) is extended by more than 161%, which is the case here.
From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, bottomed on March 11 (1st vertical line), and is projected to form a top on April 18 (2nd vertical line).
Based on this, we can expect prices to continue moving higher within the current uptrend. Price should take out the Wave (3) high before the upside momentum begins to subside and a corrective phase begins.
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NZDJPY - Is the WAR SENTIMENT OVER? Will BE MARKET RISK OFF? - None of the important data for the NZD will be released this week. But some very LOW IMPACT NEWS are about to be released. NZIER Business Confidence, GDT Price Index, ANZ Commodity Prices m / m are released for NZD this week. Therefore, I think the New Zealand dollar will FOLLOW the MARKET SENTIMENT within this week.
- NZD FEATURE is currently slightly UP. The main reason for this is that the MARKET RISK is starting to be ON and STOCKS is starting to be UP. The NZD FEATURE stands at 0.6987 LEVEL. The JPY FEATURE was heavily DOWN before. But it has now been avoided. Some UP TREND has started moving. According to the MARKET SENTIMENT and according to the JPY ECONOMIC PROJECTION. Somehow it looks like the JPY CORRECTION has started by now. Stay tuned for the VIX INDEX. Currently VIX is getting a bit UP. NZDJPY prices are moving higher than DYNAMIC LEVELS.
Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. Also the EQUITIES are turning a bit red. VIX is getting a bit UP. Also COMMODITIES still shows a UP SIDE BIAS. There is a NEUTRAL BIAS currently on the market. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN.
- NZDJPY Price may be slightly higher at 88.77 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be DROP by BREAKING TREND LINES. Because the VIX INDEX is currently a bit UP. Also EQUITY MARKETS are currently DOWN. FOLLOW STRUCTURES AND MARKET SENTIMENT. Act according to the changing MARKET SENTIMENT.
NZDJPY - Is the WAR SENTIMENT OVER? Will BE MARKET RISK OFF? - The DATA BUILDING CONSENTS, ANZ business confidence, for the New Zealand dollar is due out this week. These are very LOW IMPACT NEWS. According to the MARKET SENTIMENT, a DEMAND may come to the NZD this week. Also, the Japanese yen is following the market sentiment as there is no special data release for JPY.
- China has decided to lock down the Shanghai area of China due to the further escalation of the corona virus. It is not clear whether this is a new variant or an old variant. Stay tuned for this. This could affect NZD AUD CURRENCIES in the future.
- NZD FEATURE is currently down a bit. The main reason for this is that MARKET RISK is starting to OFD and STOCKS are starting to DOWN. The NZD FEATURE stands at 0.6930 LEVEL. JPY FEATURE is heavily DOWNED according to MARKET SENTIMENT and JPY ECONOMIC PROJECTION. Anyway, if there is a CORRECTION that can be JPY UP in the future. Stay tuned for the VIX INDEX. Its price is above NZDJPY DYNAMIC LEVELS.
- Currently the OVERALL MARKET is RISK OFF. Also STOKES are getting a bit RED. VIX UP is becoming. Also COMMODITIES are now slowly DOWN.
- NZDJPY currently has a SHORT TERM UPSIDE BIAS. Maybe the NZDJPY price will move to 87.32 LEVEL.
- If the market risk goes off anyway, you can definitely BREAK the NZDJPY TREND LINE and sell at 82.09 LEVEL.
- Maybe a little PULLBACK can come before the NZDJPY BUY according to the MARKET CONDITION. Today is Monday so we have to wait for the LONDON SESSION.
- Stay tuned for market sentiment and NZD FEATURE CHART, JPY FEATURE CHART, VIX CHART. From this we can see the trends against markets against NZDJPY and the MARKET SENTIMENT.
- Now the price is above the dynamic levels so maybe the PRICE for DYNAMIC S / R LEVEL can be a RETRACEMENT.
NZD/JPYThe New Zealand dollar continues to rally rather significantly, especially against the Japanese yen. The Japanese yen has been crushed against almost everything on the planet, and it looks as if the New Zealand dollar is trying to clear the ¥85 level. Breaking above there would open up the possibility of a runaway market. That being said, I would not be surprised at all to see a little bit of a short-term pullback in order to build up momentum. The ¥82 level is the previous high that should now offer a little bit of support.
NZDJPY Will Go Down !!NZD-JPY is trading in an uptrend
In an ascending channel but the pair
It retests the rising resistance AT 84.500
Which is coupled with the fact that
The pair is overbought and with
Bearish price movement on lower time frames
I think we'll see a price drop soon
With the aim of retesting the horizontal support below at 78.700
NZD/JPY Hit All Targets +225 Pips , Short Areas Shown 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
NZD/JPY Running In 170 Pips , New Entry To Who Missed First !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