Get started

Nzdjpylong

NzdJpy- Entering buy zoneSince 20th August, NzdJpy is in an uptrend rising around 800 pips and also breaking above the neckline of an H&S pattern In the last trading month, the pair has started to correct and I believe we are close to resuming the uptrend. At this moment NzdJpy is entering a strong buy zone marked buy old horizontal supports and 50% Fibo for the last leg up Losses from this moment are limited in my opinion and a buy trade in this zone also could have a nice R:R if we target the previous high I'm looking to buy
Long
by Mihai_Iacob
5
NZDJPY - Bullish BiasNZD - Strong Bullish 1️⃣ The market expects that the RBNZ interest rate will reach 1.0% in April 2022, and 1.5% in October 2022. JPY - Strong Bearish 1️⃣ The rising in US Treasury yields has made investors less fond of low-yielding currencies such as the JPY. ===== Technical ===== We are buying the NZDJPY after it bounced back at support levels. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction. Don't forget to like, comment, and subscribe for more ideas.
Long
by MonsunAsia
Symmetrical Triangle with Breakout in NZDJPY Towards 78.50Trend Analysis The main view of this trade idea is on the 30-Min Chart. The FX Cross NZDJPY is in a symmetrical triangle setup. The support trend line is connected by the 76.50 and 77 high lows while the resistance trend line is connected by the 78.11 and 77.60 lower highs. Expectations are for a breakout higher, with a target of 78.50. A failure of this setup will be observed if NZDJPY were to decline to 76.855. Technical Indicators NZDJPY has positive crossovers on its short (50-MA), medium (100-MA) and long (200-MA) term fractal moving averages. The RSI is greater than 50 and there has been a positive crossover on the KST. Recommendation The recommendation will be to go long at market, with a stop loss at 76.855 and a target of 78.50. This produces a risk/reward ratio of 1.48. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. Currently I have a position in NZDJPY.
Long
by Ceddy86
nzdjpy longif we look on the daily chart it look like invented head and shoulder patern, the price is currently on the demand area and 50% of fibonacci retracement which has moving price upward once (marked with number 4) and now the price is rejected upward from the same demand area on the 4 hours chart, the price close below trendline and moving up again and close above it, and its look like an invented head and shoulders pattern. so, we expect the price will go continue moving upward. for another reference you can check on the link below. thank you.
Long
by indrmrgn