Nzdjpyshort
NZDJPY, SELL hard??NZDJPY is currently trading at the resistance area 76.00
It's nearest Supply area is at 76.80
It is trading within a downward channel that started since june-21. Yet it failed to breakout. So, my bias is still bearish unless it breaks from that channel.
The resistance area is my first sell zone. A bullish close above will expose the supply area where I have placed my second sell order.
Looking for a short NZDJPY 23 Aug, 2021This pair had a strongly bearish week that ended with a break & close below the s/r area around 75.64.
Looking at the H4 chart, I think we may have a bearish trend in the making – it started around the 78.00 region. Initially it was strongly impulsive but that changed a bit as price neared the 75.640 support with some pullbacks appearing. We are currently in a small consolidation but I don’t see a reason to change my bearish bias. Depending on PA on Monday, I would be open to taking a short trade at the top of this consolidation, OR at/near 75.640 (that would be a bonus) OR on a break below the bottom of this correction.
Stop would be above the s/r level of 75.64, while targets can be just above 73.68 (+2.45R) or if the impulsive PA continues, even just above the next support at 72.88.
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NZDJPY bearish scenario:In this pair, technical analysis shows a technical figure Descending Triangle. The Descending Triangle has broken through the support line on 20/08/2021. NZDJPY forming a bearish formation on a daily chart . If the price holds below this level we will have a possible bearish price movement with a forecast for the next 42 days with a target of 73.47. If you decide to enter this position, experts say your stop-loss order should be placed at 77.94.
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NZD/JPY 4H New Zealand Dollar (NZD) / Japanese Yen (JPY)
4H Time Frame
17th August update
As you can see my analysis from 17th August is going as stated.
NZDJPY still looks to be down trending with of coarse some expected sideways movement.
TP1 - 74.000
TP2 - 72.000
I will do another update on this chart Friday 20th August.
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If you have any questions please feel free to leave a comment below or send me a direct message.
THE CRYPTO PLANET
THIS IS NOT FINANCIAL ADVICE
NZDJPY - Bearish BiasNZD - Strong Bearish
1️⃣ The rise of COVID-19 cases around the world has caused investors to flee to safe-haven assets.
2️⃣ New Zealand Head of Health Ashley Bloomfield expects this latest spread to hit 50-100 cases.
3️⃣ The RBNZ kept interest rates at a low of 0.25% at its August meeting amid concerns over the latest COVID-19 spread.
4️⃣ New Zealand implements level 4 restrictions nationwide.
JPY - Strong Bullish
1️⃣ A decline in US Treasury yields boosted demand for the JPY.
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Technical
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We are selling the NZDJPY below SBR levels.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
NZD/JPY 4H New Zealand Dollar (NZD) / Japanese Yen (JPY )
4H Time Frame
SELL OPPORTUNITY
MAJOR SELL OPPORTUNITY
As you can see NZDJPY is bearish and heading towards its resistance between 73.00 - 72.00 points.
You never know it could maybe fall further as there's a support not far under its resistance.
I will be doing a update on this pair later today so keep an eye out for updates.
If you like my analysis and brief give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.
THE CRYPTO PLANET
💡Don't miss the great sell opportunity in NZDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (76.91).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 33.
Take Profits:
TP1= @ 76.17
TP2= @ 75.77
TP3= @ 75.26
TP4= @ 74.60
TP5= @ 73.94
SL: Break Above R2
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💡Don't miss the great sell opportunity in NZDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (76.91).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 33.
Take Profits:
TP1= @ 76.17
TP2= @ 75.77
TP3= @ 75.26
TP4= @ 74.60
TP5= @ 73.94
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Short Vision on NZD JPY for 13/08/2021Hello Dear Traders,
You find below my analysis for NZD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame NZD/JPY will fall to 77 as I am showing in my chart. Our Daily Goal is 76.8.
Currently, NZD/JPY is moving towards the resistance level of 77.39, where there is some liquidity from this value we are looking for short-term selling opportunities of NZD/JPY.
Good Luck and enjoy your Bearish Market for today.
Entry:@ 77.39
TP1: @77.19
TP2: @77
TP3: @76.8
SL: @77.9
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
NZDJPY ANALYSISJust as our previous analysis explained, we have seen a break above the current level of resistance.
We now have price pulling back to the level.
If price finds support here, with bullish confirmations, we would be going in for longs.
Stops would be below this level, with targets at a new high in the trend. Trade with the trend. Trade Safe.
Short Vision on NZD JPY for 11/08/2021Hello Dear Traders,
You find below my analysis for NZD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame NZD/JPY will fall to 77.5 as I am showing in my chart. Our Daily Goal is 77.3.
Currently, NZD/JPY is moving towards the resistance level of 77.89,where there is some liquidity from this value we are looking for short-term selling opportunities of NZD/JPY.
Good Luck and enjoy your Bearish Market for today.
Entry:@ 77.89
TP1: @77.7
TP2: @77.5
TP3: @77.5
SL: @78.3
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
NZD/JPY Full Analysis ,New 2 Setups Available After ConfirmationThis 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
Short Vision on NZDJPY for 05/08/2021Hello Dear Traders,
You find below my analysis for NZD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame NZD/JPY will fall to 76.8 as I am showing in my chart. Our Daily Goal is 76.5.
Currently, EUR/JPY is moving towards the resistance level of 77.2 ,where there is some liquidity from this value we are looking for short-term selling opportunities of NZD/JPY.
Good Luck and enjoy your Bearish Market for today.
Entry:@ 77.43
TP1: @77.13
TP2: @76.8
TP3: @76.5
SL: @77.5
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Short Vision on NZDJPY for 10/08/2021Hello Dear Traders,
NZD-JPY is finally going down after the breakout from the rising support, Just as I predicted yesterday, already 100 pips profit for the last two days.
You find below my analysis for NZD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame NZD/JPY will fall to 76.5 as I am showing in my chart. Our Daily Goal is 76.3.
Currently, NZD/JPY is moving towards the resistance level of 77.2 ,where there is some liquidity from this value we are looking for short-term selling opportunities of NZD/JPY.
Good Luck and enjoy your Bearish Market for today.
Entry:@ 77.2
TP1: @77
TP2: @76.8
TP3: @76.5
SL: @77.5
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
NZDJPY: my multi-time frame analysisHi Traders,
This is my view on this pair for the next days on #NZDJPY
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen