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Nzdjpysignal

NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. JPY may be somewhat WEAK in the next few days. However, NZDJPY should be slightly BUY with upcoming JPY WEAKNESS. Anyway, if the PRICE falls back on the NZDJPY MAIN SUPPORT LINE, you can BUY if the MARKET RISK ON continues. And 87.00 LEVEL can be BUY temporarily. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. Anyway, after that, you can definitely SELL at the 80.00 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK.
by benny_marshall
NZDJPY Will this pair chase the sell side liquidity?The main reasons this move more likely will happen are the followings: -If we look the CFTC, non commercials are shorting JPY aggressively with 117,420 short positions open. 23,135 of those positions were open last week. Only 36,760 positions are long. This means that JPY is getting weaker because non commercials are shorting more than longing. -If we look the CFTC ,non commercials the past few weeks have been adding more positions to the long side in NZD. Overall they have 16,648 to the long side and 17,011 to the short side. The important fact about this is that the last week 2,038 positions were added. We should expect some strength in NZD -The price had taken the sell side liquidity. The yellow circle show the low that took the liquidity. -The price is making higher highs and higher lows. -Price is chasing buy side liquidity
Long
by Wiiso
3
NZDJPY - Short active ✅Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: Here I expect bearish price action as we can see that price filled the 4H old imbalance and rejected from bearish order block + institutional big figure 87.000. Fundamental analysis: Next week we have news on NZD, will be released Cash Rate, that was forecasted to increase with 0.25%. Pay attention to the results, in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
1
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. JPY may be somewhat WEAK in the next few days. However, NZDJPY should be slightly BUY with upcoming JPY WEAKNESS. Anyway, if the PRICE falls back on the NZDJPY MAIN SUPPORT LINE, you can BUY if the MARKET RISK ON continues. And 81.16 LEVEL can be SELL temporarily. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. Anyway, after that, you can definitely BUY at 87.00 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK.
by benny_marshall
DeGRAM | NZDJPY bearish opportunityNZDJPY is in an ascending channel. However, the price broke and closed below the level at 83.200.  The market is printing build-up near the channel border and support. Most likely, price action is going to breakout and go down  We expect a breakout of the ascending channel, which is essentially where price is coiling up before expanding. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
4
Seeking Pips NZDJPY Short again NZD Sell JPY buy longHaving taken our last portion off the table last week during our anticipated low of the week which was made last Friday 16/03/23 we decided to add back half our original position size back at 82.500 early this morning UK time in anticipation of price trading below last Fridays low made on 17/03/23 We are initially targeting last weeks low. The low of the year made in the first trading week looks like a good target too. Also although our SL stop loss level on this trade is smaller and lower around 150pips from our initial trade thesis we do not plan on exiting this one early if price does end up trading above the daily high put in so far today, by adding only half of our original position size from last week we are using initial profits from last weeks trade. We will consider a reentry higher if a signal develops again later in the week. If that low fails and price doesn't reject it NZDJPY could really look to flush out. We remain BULLISH on JPY and so are looking at any weaker currency's to short against it. ======================================================================================================================= PLEASE DO SUBSCRIBE IF YOU APPRECHIATE THE WORK THAT WE SHARE ON THIS PLATFORM =======================================================================================================================
Short
by seekingpips
1