rejection on major level of resistance There seems to be signs of rejection upon the 91.146 level of resistance as bullish momentum has decreasedShortby Fxphil_trade1
Rejection on major level of resistance There seems to be signs of rejection upon the 91.146 level of resistance as bullish momentum has decreased Shortby Fxphil_trade220
Short Idea for NZDJPYIchimoku Kinko Hyo default setting TF : H1 We are looking on the structure which showing the intention of NZDJPY to move even lower. The entry for short suggested at the interaction of price at tenkan and kijun. While the red cloud (kumo) is suggesting downtrend by looking at the shape. The target can be at the lowest wick which act as a potential support. Let's rideShortby MKJoeyUpdated 1
NZDJPY going down for 50pipsWhen you anticipate that NZD/JPY will go down by 50 pips and are referencing a bat pattern, you're combining both price movement and technical analysis (specifically, harmonic trading patterns) in your forecast. 1. 50-Pip Bearish Movement You are expecting that the New Zealand Dollar (NZD) will weaken against the Japanese Yen (JPY), and the exchange rate will drop by 50 pips. If the current price is, for example, 88.00, a 50-pip bearish move would push the price down to 87.50.Shortby LORDOFTHETRADERS1
NZD/JPY H4 | Potential bullish bounceNZD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 90.23 which is a pullback support. Stop loss is at 89.70 which is a level that lies underneath a multi-swing-low support and the 38.2% Fibonacci retracement level. Take profit is at 91.27 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short02:33by FXCM112
Bearish drop?NZD/JPY is reacting off the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could fall from this level to our take profit. Entry: 90.71 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 91.02 Why we like it: There is an overlap resistance that is slightly below the 78.6% Fibonacci retracement. Take profit: 90.20 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets6
NZDJPY Awaits 1W Pivot Confirmation for Bullish ContinuationHello, OANDA:NZDJPY pair has respected the 1M pivot point, which has acted as support. Now, confirmation of the 1W pivot point is needed to validate a bullish continuation. TradeWithTheTrend3344 by TradeWithTheTrend33442
NZDJPY BUY/SELL/BUYHard to swing trade this pair mid month. Looking at day trades with opportunities to sell and buy at key levels and coinciding fib levels. Shortby RichFish4042
#NZDJPY 4HNZD/JPY (4H) Analysis: Rectangle Support Pattern: The NZD/JPY pair has been trading within a well-defined rectangle pattern on the 4-hour chart, with horizontal support forming the base. The price has consistently bounced off this support level, indicating strong buyer interest at this zone. Forecast: BUY with pattern The price is currently testing the lower boundary of the rectangle, presenting a buying opportunity. The support zone has held multiple times, suggesting a potential upward move towards the top of the rectangle. A buy entry is recommended near the support, targeting the upper resistance of the rectangle. To manage risk, stop losses should be placed just below the support zone. Key factors to consider: - Repeated tests of the support level without a significant breakdown. - Potential for price to move back towards the top of the rectangle. - Well-established risk-to-reward ratio with a clear support base.Longby PIPSFIGHTER6
Potential bullish reversal?NZD/JPY is reacting off the pivot which has been identified as a pullback support and could rise to the 1st resistance level which acts as a pullback resistance. Pivot: 90.25 1st Support: 89.88 1st Resistance: 90.61 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets3
#NZDJPY 4HNZDJPY 4H Chart Analysis – Triangle Pattern On the 4-hour chart for NZDJPY, a Triangle pattern has formed, signaling potential breakout opportunities. Triangle patterns represent a consolidation phase where the price moves within converging trendlines, either towards an upline (resistance) or a downline (support). The market is squeezing into a tighter range, indicating that a larger move may be imminent. Forecast: -Buy when the price breaks out above the upline (resistance). This suggests bullish momentum, and you may look for a strong candle close above the resistance line to confirm the breakout. -Sell when the price breaks down below the downline (support). A confirmed breakdown indicates bearish sentiment, and you may look for a strong close below the support line for confirmation. Traders should wait for a decisive breakout or breakdown before entering trades, as false signals may occur within the triangle. Monitor key levels closely and consider volume for additional confirmation.by PIPSFIGHTER5
BUY NZDJPY - trade explained in detailTrader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button. We are proud to be an OFFICIAL Trading View partner so please support the channel by using the link below and unleash the power of trading view today! www.tradingview.com Editors' picksLong02:21by Simply-Forex9949
ICT Long setup on NZDJPY👋Hello Traders, Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in NZDJPY for session trade (a couple of hours) Here is a session trade idea (since it is near support surface, we should use small lot size) Please refer to the details Stop loss, Buy Zone,open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Longby ICT_Trader_SB221
Daily NJ UpdatesHello Traders! Friday high has been raided today. Would like to see Tuesday push to Mondays high.Long04:52by ForensicForex112
NZDJPY LONGMarket structure Bullish on HTFs 30 Entry at both Daily and Weekly AOi Weekly Rejection At AOi Daily Rejection at AOi Daily EMA Retest Around psychological Level 90.500 H4 EMA retest H4 Candlestick rejection Levels 6.27 Entry 90% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is KingLongby mobbie_zw3
Embrace the Chaos: Trading Lessons from Marcus AureliusI’ve just finished reading Meditations by Marcus Aurelius, and I couldn’t help but notice how the timeless wisdom of a Roman emperor applies directly to the life of a trader. After 16 years in the markets, this book gave me fresh insights on discipline, resilience, and self-mastery—key elements that can make or break your trading success. Marcus Aurelius wasn’t a trader, but his personal reflections on life, found in Meditations, provide invaluable lessons for anyone navigating the emotional and psychological challenges of trading. The market is unpredictable, often chaotic, and yet, success doesn’t just depend on what the market does—it depends on how you, as a trader, respond. Aurelius' Stoic philosophy teaches us exactly that: control what you can, accept what you can’t, and always act with integrity and discipline. Here are a few key insights from Meditations that have deeply resonated with me as a trader, and how they can help you succeed in the market: 1. You Control Your Mind, Not the Market One of Aurelius' most powerful reminders is, “You have power over your mind, not outside events. Realize this, and you will find strength.” In trading, it’s easy to get caught up in trying to control what the market will do next. But the truth is, no one can predict market movements with certainty. What you can control is how you respond to these movements. When the market doesn’t go your way, don’t let frustration or fear cloud your judgment. Instead, maintain your discipline. Your trading plan exists for a reason—stick to it. Aurelius teaches us to master our reactions to external forces, and that is the essence of successful trading. 2. Focus on What You Can Control Aurelius often reflects on focusing on what’s within your control. In trading, this means having a strategy, following it, managing your risk, and staying consistent. You cannot control the market, news, or other traders, but you can control your actions, risk management, and how you prepare. The lesson is simple: put your energy into what you can do. Be patient, execute your strategy, and accept that not every trade will be a winner. Trading is a long game, and success comes from consistency over time, not from controlling the uncontrollable. 3. Adversity is an Opportunity Aurelius writes, "The impediment to action advances action. What stands in the way becomes the way." Trading is filled with adversity: losing streaks, bad trades, and unexpected market crashes. These are not obstacles, but opportunities. Each time you face adversity, it forces you to reflect, improve, and adapt. For me, some of my best learning moments have come from my worst trades. Instead of seeing them as failures, I’ve learned to see them as stepping stones to becoming a better trader. The key is resilience—getting back up after a loss, learning from it, and continuing forward. Adversity sharpens you, much like it did for Aurelius, and as it does for every trader committed to long-term success. 4. Detachment from Outcomes Aurelius advocates for detachment from outcomes. He reminds us that we must focus on doing our best and let go of the result, whether it be success or failure. In trading, this means not getting too attached to the outcome of individual trades. If you’re emotionally tied to the outcome, you risk making irrational decisions based on fear or greed. When you enter a trade, trust your analysis and your strategy. Whether the trade results in a win or a loss, remain detached. The goal is to make the best possible decision based on your strategy, not to guarantee an outcome. 5. Embrace the Present Moment Aurelius frequently speaks about the importance of living in the present and not being overwhelmed by the future or haunted by the past. In trading, this lesson is critical. Too often, traders get caught up in worrying about future market movements or beating themselves up over past mistakes. Success in trading comes from focusing on the trade in front of you, from making clear-headed decisions based on the information available now. Don’t carry the emotional baggage of past losses into your current trades, and don’t let anxiety about future trades paralyze you. As Aurelius would put it, "Confine yourself to the present." 6. Master Your Emotions One of the central themes in Meditations is emotional mastery. Aurelius reminds us that emotions like fear, anger, and anxiety are natural, but we must learn to control them rather than be controlled by them. In trading, your emotions can be your worst enemy—impulsive decisions driven by fear or greed often lead to losses. A calm, balanced mindset, like the one Aurelius cultivated, is key to success. If you let fear guide your decisions, you’ll cut winning trades short or avoid taking risks when you should. If greed takes over, you’ll hold onto losing trades too long or over-leverage your positions. The Stoic mindset helps you maintain equilibrium, ensuring your emotions don’t sabotage your trading plan. Conclusion: Meditations has reminded me that trading isn’t just about analyzing charts and predicting market movements—it’s about mastering yourself. Success in trading comes from patience, discipline, and the ability to control your reactions to external events. The market, much like life, is full of ups and downs, but as Marcus Aurelius teaches, true power lies in how we respond to them. Let me know your thoughts below :) Educationby TheFxAce1313294
NZDJPY BUY OPPORTUNITYDouble bottom, completing the W pattern. Price respected the support level at 90.169 technical indicators support long position. Longby RichFish404Updated 14
NZD/JPY at a Critical Pivot PointHello, The NZD/JPY is currently in a state of indecision, with many sellers contributing to a potential continued bearish movement. However, if the 1M pivot point (PP) holds as support, we could see a continuation of bullish movement. If the support fails, there may be further testing before the bulls regain control. The outcome largely depends on the market's reaction to the 1M PP. It's important to remember that the long-term trend remains strongly bullish. TradeWithTheTrend3344 by TradeWithTheTrend33441
NZDJPY: Expecting Bullish Movement! Here is Why: Looking at the chart of NZDJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals1
NZDJPY breaks 200-day SMA; downward movement imminent?The New Zealand dollar to Japanese yen currency pair (NZD/JPY) saw an uptrend on the daily chart from March 2020 to July 2024, gaining 66.58% over the four-year period. Recently, however, the pair broke below the 200-day Simple Moving Average (SMA) on the daily chart, signaling a potential trend reversal. The 200-day SMA, which had served as support for four years, now appears to be acting as resistance. Additionally, the NZD/JPY formed a double top, indicating that buyers were once more unable to push the price above the 92.00 mark. This double top region coincides with the 50% level of the bearish Fibonacci. Upward trend in NZDJPY driven by RBNZ-BOJ interest rate differential The strong upward trend had been driven by the interest rate differential between the New Zealand dollar and the Japanese yen. New Zealand, like many countries around the world, slashed interest rates during the COVID-19 pandemic to stimulate its economy. However, as the economy began to recover, the Reserve Bank of New Zealand (RBNZ) moved to raise rates to control inflation and avoid rampant price increases. With inflation now under control, the RBNZ has started cutting rates, with yesterday marking the third consecutive cut, as the central bank reduced New Zealand’s key interest rate from 5.25% to 4.75%. Japan, on the other hand, followed the opposite path, keeping its interest rate below 0 while other countries raised borrowing costs to control inflation — which is why the JPY has depreciated so much in recent years. However, in its most recent meetings, the Bank of Japan (BOJ) — Japan’s central bank — changed its stance and raised interest rates for the first time since 2016. With New Zealand’s interest rate declining and Japan’s interest rate increasing, there is potential for a medium-term devaluation of the NZD against the JPY. Downward movement in NZDJPY possible in coming months From a technical perspective, the following factors are at play: 1. Break of the uptrend on D1. 2. The 200-day SMA, which previously acted as support, is now serving as resistance. 3. A double top has formed on the daily chart. 4. The 50% Fibonacci region is bearish. Considering these technical factors and the diverging monetary policies of the central banks in Japan and New Zealand, a downward movement in NZD/JPY is possible in the coming months. If the price manages to break below 89.75, it is possible that it will fall to the 86.70 region in a few days. Disclaimer: 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Shortby Marketscom3
#NZDJPY 4H#NZDJPY 4H Forecast Buy with a Channel Pattern On the 4-hour chart for #NZDJPY, the price is trading within a well-established ascending or horizontal channel, presenting an opportunity for a potential buy. However, traders must remain cautious of a possible support breakdown, which would signal a sell opportunity. Key Insights: 1. Channel Pattern: The price is currently moving within a defined channel, with clear support and resistance levels. This indicates a period of consolidation or controlled upward movement, making it ideal for range-bound or trend traders. 2. Buy Scenario (Current Channel Movement): - As long as the price remains within the channel and stays above support, there is potential for a buy. - Traders can enter buy positions near the lower support zone and ride the price toward the upper resistance of the channel. - Confirmation can come from bullish momentum near the support line or a bounce from it. 3. Sell Scenario (Support Breakdown): - If the price **breaks below the support** level of the channel, it signals a potential shift in market sentiment from bullish to bearish. - In this case, it would be advisable to enter sell positions once the breakdown is confirmed by volume and momentum indicators. 4. Volume Confirmation: Look for volume spikes as the price approaches support or resistance. High volume during a breakdown would confirm a stronger bearish move, while strong buying volume near support confirms a buy opportunity. 5. Stop-Loss Considerations: - For a buy position, place a stop-loss slightly below the support line to protect against any false breakouts. - For a sell position (if the support breaks), place a stop-loss just above the broken support level, now acting as resistance. Trading Strategy: - Entry: - Enter a buy position when the price bounces off support within the channel. - Enter a sell position if the price breaks down below the support level. - Take Profit: For a buy, aim for the upper resistance level of the channel. For a sell, target key support zones below the breakdown. - Stop Loss: - For a buy, set a stop-loss below the support level. - For a sell, set a stop-loss above the support-turned-resistance line to limit risk. This analysis suggests that #NZDJPY is a buy within the current channel on the 4-hour timeframe, as long as support holds. However, a **breakdown of support** would flip the outlook to a bearish sell strategy.Longby PIPSFIGHTER10
NZD/JPY SENDS CLEAR BULLISH SIGNALS|LONG Hello, Friends! NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 3H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 90.941 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 111
nzdjpy sell tradeTrend: The trend appears to be bearish, with the price moving below the 91.500 JPY level2 3 . Support Levels: Key support levels to watch are 90.950 JPY and 90.500 JPY4 . A break below these levels could lead to further downside. Resistance Levels: The nearest resistance is around 91.750 JPY5 . If the price fails to break above this level, it could reinforce the bearish outlook. Technical Indicators: The Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum6 . Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move7 . Given these factors, it seems likely that NZDJPY could continue its downward trajectory in the near term. However, it's always important to consider other market factors and news that could impact the price.Shortby Mansa_Musa_Capital1