Get started

Nzdjpysignal

NZDJPY is in uptrend and approaching Price action levelNZDJPY After peaking the September month high around 72.00 which is a key psychological level its felled towards 68.640 which is a low volume area and find some buyers and making series of Higher high higher low patterns. From Sep-09 to Sep-18 it was trading in a range and felled below the range. I have marked some levels are acting as accumulation and distribution phases after some consolidation phase its moved in a massive way. The price is currently in a consolidation range at around 70.00 key psychological level. From this level we can expect bullish run towards 71.200 which is price action level where we can see a series of upper side rejection.This level is coordinated with 78.6% Fibonacci level The price is currently trading within a.50 and .618 Fibonacci levels.As its reached the upper side of the .50 Fibonacci we can expect a minor correction towards .382 Fibonacci and from this level it will go bullish. The 03 Exponential moving averages which is 50,100,200 are holding as support for the bull. In Elliot wave theory the 4th impulse wave is completed and the 5th wave is underway. relative strength index has reached the 60 level and MACD histogram showing a starting of the bullish trend. Ichimoku cloud is acting as support for the bull as its managed to float above the cloud.Buying NZDJPY around 69.900 with the target of 71.150 will give a nice risk reward ratio. Stop lose may placed below the 4th Elliot wave end point which is 69.600 Give us a like if you found useful. And tell your opinion in the comment section
Long
by forexorbit
2
💡 NZD/JPY 📉👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE will waiting for SELL conformation: - We have downtrend. - MACD give us SELL signal. - Candle close below ASIAN session. 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually teaches you valuable lessons High probability setups Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
NShort
by TBFinan
NZDJPY - BEARISH BIASNZD - BEARISH 1️⃣ Risk-averse market environment at the start of the week provided a boost to the safe-haven USD and caused the Kiwi to fall sharply. 2️⃣ In the early Asian session on Wednesday, the RBNZ will announce its Interest Rate Decision and release the Rate Statement. JPY - BULLISH 1️⃣ Trepidation about the global economic outlook as novel coronavirus infection rates continue to increase. Data from Johns Hopkins University on Sunday showed that cases have increased by at least 10% in 31 US states while European countries from Denmark to Greece announced new restrictions last to contain virus infections in some of their largest cities. ===== TECHNICAL ===== - We're keen to sell NZDJPY on SBR level on H1 chart. - NZDJPY in bearish zone.
Short
by MonsunAsia
NZD/JPY BUY SIGNAL Hey tradomaniacs, welcome to new free trade-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! NZD/JPY: Day-Swingtrade-Execution Market-Buy: 71,115 Stop-Loss: 70,515 Target 1: 71,600 Target 2: 71,900 Target 3: 72,400 Stop-Loss: 50 pips Risk: 0,5% - 1% Risk-Reward: 2,60 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
3
NZDJPY - BEARISH BIASNZD - BEARISH 1️⃣ Investors were cautious on news that AstraZeneca paused its late-stage trial of one of the leading COVID-19 vaccine candidates after an unexplained illness in a study participant. 2️⃣ Director General of Health Ashley Bloomfield reported six fresh cases of the novel coronavirus in New Zealand, all of which are linked to the Mt Roskill "mini-cluster." 3️⃣ Manufacturing sales in New Zealand plunged 12.1% year-on-year during the second quarter, posting the largest fall since the series began in 1994. JPY - BULLISH 1️⃣ Traders sought the safety of haven assets following news that AstraZeneca paused its late-stage trial of one of the leading COVID-19 vaccine candidates after an unexplained illness in a study participant. ===== TECHNICAL ===== - We're shorting NZDJPY on SBR level + SMA100 area on H1 chart. - NZDJPY still in bearish zone.
Short
by MonsunAsia
1
NZD/JPY - ForecastAs you can see NZD/JPY recently broke above the consolidation/Ranging level. and has RETESTED it. Now we need to see if this was a fake breakout or it will actually continue in Buy. if it comes back in the consolidation range then it was a fake breakout BUT if it breaks above the previous structure at around 71.950 then it should continue going up till next resistance level which is at around 73.45. :: If you have a better idea or you disagree with me then please let me know in the comments A Like would be appreciated.
by GoldPlusTrading
1
Best Entry Point For NZDJPYNZD - BULLISH 1️⃣ The unemployment rate handily beat the 5.6% forecast coming in at 4.0% and helped to push kiwi to trade well. 2️⃣ Risk-on market sentiment after top Democrats and negotiators from the White House say a deal on a coronavirus stimulus package could be reached by the end of the week and approved as early as the following week. JPY - BEARISH 1️⃣ The Japanese government plans to decide at a cabinet meeting on Friday to use over 1 trillion Yen from its reserves for responding to the COVID-19 epidemic, after added 1,200 new cases on Tuesday. ===== Technical ===== 📊 We're looking to long NZDJPY on RBS level + SMA50 area. 📊 NZDJPY in bullish zone.
Long
by MonsunAsia
NZDJPY, daily timeframe, Double Top and SHS pattern in playHello my friend, I noticed some good setup in NZDJPY as price making a potential double top pattern on the daily timeframe. Taking a deeper look into 4hr timeframe we could see another bearish pattern which is favorable to trade. It is a shs or shoulders head pattern. I am going to sell NZDJPY as there is 2 bearish patterns in play for this pair. Also keep in mind there will be NZD datas coming soon in less than 12 hours. Sell NZDJPY 70.00 Stop loss 70.65 Take profit 1 @69.10 Take profit 2 @68.20 I am selling NZDJPY from 70.00
Short
by HayatoDragonFX