NZDJPY What Next? BUY!
My dear subscribers,
NZDJPY looks like it will make a good move, and here are the details:
The market is trading on 84.472 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 84.990
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
JPYNZD trade ideas
NZDJPY DETAILED ANALYSIS TECHNICAL AND FUNDAMENTALS NZDJPY is currently trading near 85.80, forming a textbook falling wedge pattern on the daily chart. This structure typically signals a bullish reversal, and price action is nearing the apex, suggesting an imminent breakout. A confirmed breakout above the upper trendline could initiate a strong bullish wave, with a medium-term target set at 95.000.
Fundamentally, the New Zealand dollar is supported by expectations of stable monetary policy from the Reserve Bank of New Zealand, while the Japanese yen faces pressure due to the Bank of Japan's continued dovish stance. This divergence in monetary policies favors NZD strength against JPY, aligning with the bullish technical setup.
Technical indicators, including the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are showing signs of bullish momentum. A decisive close above the wedge's resistance line would confirm the breakout, potentially attracting further buying interest and accelerating the move toward the 95.000 target.
In summary, NZDJPY is poised for a bullish breakout from the falling wedge pattern, supported by both technical and fundamental factors. Traders should monitor for a confirmed breakout and consider positioning accordingly to capitalize on the anticipated upward movement.
NZDJPY Is Going Down! Short!
Take a look at our analysis for NZDJPY.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 85.345.
Taking into consideration the structure & trend analysis, I believe that the market will reach 84.425 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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NZD-JPY Potential Long! Buy!
Hello,Traders!
NZD-JPY is going down
Now but the pair will soon
Hit a horizontal support
Level around 84.000 from
Where we will be expecting
A local bullish rebound
And a further move up
Buy!
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NZDJPY to find sellers at previous resistance?NZDJPY - 24h expiry
The primary trend remains bearish.
The rally is close to a correction count on the daily chart.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 84.95.
We look to Sell at 84.95 (stop at 85.25)
Our profit targets will be 83.75 and 83.50
Resistance: 85.00 / 85.50 / 86.20
Support: 84.10 / 83.70 / 83.20
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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NZDJPY – Sell Limit Setup (Medium-Term Swing)Trade Summary
Type: Sell Limit
Entry: 85.29
Stop Loss: 86.97
Target: 79.82
Risk/Reward Ratio: ~3.4:1
Duration: Medium-Term Swing
Technical View
The broader trend remains bearish, with price consistently making lower highs.
NZDJPY rejected the downtrend resistance line, confirming continued seller control.
Yesterday’s sharp sell-off adds weight to the bearish view, and today’s mild bounce presents an opportunity to sell into strength.
Targeting a return to the reaction low at 79.82, last seen in early April.
Seasonal Insight
From April 29 – May 19, NZDJPY has declined in 57.14% of the past 36 years, with an average drop of 0.99%.
This seasonal tendency supports the short bias for the next few weeks.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDJPY BEARISH From a technical point of view it looks pretty bearish with 4 confluences found and displayed in the picture is a solid sell set-up.From a fundamental point of view things also look pretty bearish for the pair with NZD being weakened by RBNZ’s dovish policy, trade deficits, and exposure to global risk-off sentiment, while JPY benefits from BOJ’s policy shift and safe-haven demand.
Trade smart, be kind, stay strong 💚
NZD-JPY Short From Falling Resistance! Sell!
Hello,Traders!
NZD-JPY is going up
And will soon hit a falling
Resistance line from where
We will be expecting a
Local bearish pullback
And a move down
Sell!
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NZD-JPY Will Go UP! Buy!
Hello,Traders!
NZD-JPY made a bullish
Breakout of the key horizontal
Level of 85.100 then made a
Local pullback and is going up
Now so we are bullish biased
And we will be expecting a
Further bullish move up
Buy!
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NZDJPY: Short Signal Explained
NZDJPY
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell NZDJPY
Entry Level - 85.165
Sl - 85.986
Tp - 83.647
Our Risk - 1%
Start protection of your profits from lower levels
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NZD/JPY SHORT FROM RESISTANCE
Hello, Friends!
The BB upper band is nearby so NZD-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 83.709.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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(A re-entry) NZD JPY #0014 Short Swing Trade- The failure of the price actions to break past the highest HIGH (4H) indicates exhaustion in buying interest.
- The period experienced a failed breakout of the nearby monthly LOW, indicating that this price is Bullish in the longer term on the larger picture.
- to add into perspective : 3M to 6M charts indicating a presence of Imbalanced or FVG at the top of the structure.
Our Trade:
- We are planning to absorb the correction pips (difference) between our Sell LIMIT ORDER to the Fair Value Gap (nearby liquidity pools) at the bottom of this structure.
- The intra-structure LOWS marked by "$$" indicated the areas where liquidity is expected to be hunted, these are where inexperienced retail traders tend to place their STOP ORDERS, signifying the presence of LIQUIDITY POOLS to Smart Money.
- The trade is Swing in Nature, may hold position for up to 2 days.
- Furthermore, the drop in volume along the area of Top Orderblock also indicates Exhaustion in the current buying Interest, Correction is inevitable.
- That's where we are in for - the PIPS difference
remorse accurate entry from N Z G P YSeems like a higher time frame like 4 hours time frame the press has come and you purchased on Tibonacci level so the continuation of sale of opportunity is confirmed due to recession due to the retracement top of liquidity and lower tank from like 15 minutes I guess yes 10 ZGPY would be saving continuous saving