NZD/JPYThe NZD/JPY had a weak weekly close, the week before last, after sweeping weekly buy side liquidity thus forming a weekly Doji The Doji conveyed a more bearish impulse by printing a new weekly lower low and closing below the previous week's settlement. After this run of BSL, on H4, price action experienced strong displacement lower, breaking structure and producing a market structure shift. I have been waiting for the swing low to form so that I can place entries at the 0.62, 0.705 and the 0.79 retracement levels. The 0.62 being just above the MSS, the 0.705 being just below the Bearish Breaker and the 0.79 level being within a bearish fair value gap whilst targeting the previous swing low or SSL level.
NZDJPY trade ideas
NZDJPY: Bullish Wave is Coming 🇳🇿🇯🇵
I have a strong feeling that NZDJPY will resume growth soon.
A neckline breakout of an inverted head & shoulders pattern
provides a strong swing confirmation.
The pair may reach at least 87.0 level soon.
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Bearish reversal?NZD/JPY is rising towards the pivot and could reverse to the 1st support.
Pivot: 86.38
1st Support: 84.37
1st Resistance: 87.07
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NZDJPY BULLISH OR BEARISH DETAILED ANALYSISNZDJPY has just completed a clean breakout from its descending channel, and we are now setting up for a potential bullish continuation. The breakout above the channel resistance confirms a reversal of the prior downtrend, signaling fresh bullish momentum in play. Price is currently hovering around 85.90, and I’m targeting a move toward 91.90 in the coming weeks as market structure shifts in favor of buyers.
Fundamentally, the New Zealand dollar is gaining strength following the RBNZ's recent hawkish stance. Despite global rate cut expectations, the RBNZ has held firm, emphasizing inflation remains elevated and may require prolonged tight policy. This divergence from other central banks, particularly the BoJ, gives NZD an upper hand. On the flip side, the Japanese yen continues to show weakness due to the BoJ's ultra-loose monetary stance, and there's still no concrete signal of a shift toward tightening. Yield differentials remain wide, fueling carry trades in favor of NZD.
Technically, the breakout is supported by strong bullish candles and increasing volume. The breakout level around 85.60 is now acting as fresh support, and as long as we hold above that zone, the bullish bias remains valid. The structure suggests momentum is building toward 88.50 as the next minor resistance, and a break above that could accelerate the rally to our full target at 91.90.
From a risk-reward perspective, this setup remains favorable. I'm closely monitoring bullish continuation patterns on lower timeframes to scale in. NZDJPY appears primed for a potential upside surge, supported by both fundamentals and technicals, and I’m looking to ride this trend as long as the current momentum holds.
Potential bearish drop?NZD/JPY is reacting off the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 86.13
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Stop loss: 87.09
Why we like it:
There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement.
Take profit: 84.73
Why we like it:
There is a pullback support level.
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Bullish rise?NZD/JPY has reacted off the pivot and could potentially rise to the 1st resistance.
Pivot: 86.01
1st Support: 85.40
1st Resistance: 87.07
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.
NZDJPY A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The price is coiling around a solid key level - 86.642
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 85.925
Safe Stop Loss - 87.013
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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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WISH YOU ALL LUCK
NZDJPY Will Solid breakout will Formed to short term NZDJPY Technical Outlook:
NZDJPY is currently under pressure, aligning with the broader global bearish trend. On the local scale, the pair is moving within a flat range, showing signs of a pre-downtrend consolidation near a key support level.
A false breakout has already occurred, suggesting that bearish momentum may be building. Price action indicates that a retest of the 85.400 support level is likely. A repeated test of this level typically increases the probability of a breakout to the downside, potentially initiating a continuation of the decline.
Key Technical Notes:
Resistance zone : 85.400
Major Support 84.200
Keep eye on the market how the price will react Keep support with like and comments for more better analysis Thanks.
NZDJPY → Pre-breakdown consolidation. Readiness for a declineFX:NZDJPY is under pressure from a global downtrend. Locally, a flat (range) and pre-breakdown consolidation relative to support are forming on the chart...
After a false breakdown of support on May 16, the price failed to reverse and grow. Instead, the currency pair entered a consolidation phase, during which it continues to test support. Each subsequent retest of 85.25-85.30 only increases the chances of a breakout with the aim of continuing the decline. Another important nuance is the elimination (short squeeze) of local resistance at 85.95.
Pressure on the price is also being exerted by the falling dollar index, which is strengthening the Japanese yen, which is generally reflected in the price of NZDJPY...
Support levels: 85.300, 85.25, 84.195
Resistance levels: 85.7, 85.95
The continuation of the current consolidation and the compression of the price towards support only increases the chances of a breakdown of the 85.30 support level. A break and consolidation of the price below 85.25 could trigger a further decline.
Best regards, R. Linda!
NZDJPY will continue to fall after false breakout NZDJPY is correcting after the support breakout. The purpose of such correction is to provoke bullish liquidity before the fall. There is a magnet on the market - liquidity in the zone 85.08 - 85.27. False breakout will return the market to the downward phase
Scenario: growth to local resistance, retest of the zone 85.08 - 85.27, false breakout, consolidation below 85.08 and continuation of the fall. Target - support and order-block 84.2
NZDJPY to continue in the downward move?NZDJPY - 24h expiry
The medium term bias remains bearish.
Short term RSI is moving higher.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 85.25.
We look to Sell at 85.25 (stop at 85.55)
Our profit targets will be 84.20 and 84.00
Resistance: 85.25 / 85.70 / 86.10
Support: 84.60 / 84.20 / 84.00
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NZDJPY: A Bigger Bearish wave could start SoonNZDJPY: A Bigger Bearish wave could start Soon
NZDJPY broke out from a bearish Wedge Pattern during Friday thus rising the chances to decline more.
The Rising wedge pattern is formed during a bullish trend. As long as the pattern was broken out the chances for a bearish trend is growing.
NZDJPY may face a strong support near to the structure areas where it can also change direction.
Targets:
🎯 84.50
🎯 83.50
🎯 82.50
You may find more details in the chart!
Thank you and Good Luck!
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NZD/JPY Breaks Wedge Structure – Bearish Setup Targets 82.42NZD/JPY has broken down from a rising wedge and failed to reclaim upper support, now acting as resistance. The structure is cleanly bearish on the 4H chart, with rejection near 85.60 and a confirmed lower high. Weak New Zealand data and rising safe-haven demand for JPY add weight to this technical setup. Price looks poised to extend toward 82.42 and possibly 80.99 if momentum builds. Bearish bias is valid unless price closes above 87.17.
🔍 Technical Analysis
Chart Pattern: Rising wedge → broken → retest failed
Bear Flag: Forming below wedge base, suggesting further downside
Resistance Area: 85.60–87.17
Bearish Structure:
Lower highs and bearish candle formations
Price unable to reclaim former support trendline
Support Targets:
First TP: 84.00 – minor support, fib confluence
Second TP: 82.42 – March swing low
Final TP: 81.00 zone – next fib cluster
🌍 Macro Fundamentals
🇳🇿 New Zealand Dollar (NZD)
Retail Sales missed: 0.0% vs 0.9% forecast → consumer sector is slowing
Core Retail Sales weak: 0.7% vs 1.4%
Dairy auction (GDT Index) down -0.9% → key export underperforming
Implication: Risk of slower growth → RBNZ may shift toward neutral/dovish stance
🇯🇵 Japanese Yen (JPY)
JPY supported by risk-off flows due to:
U.S. credit downgrade
Iran-US nuclear tension
Declining global PMI forecasts
Yen strengthens as traders seek safe havens despite BoJ’s dovish baseline
🎯 Trade Plan
Bias: Bearish
Entry Zone: 85.50–85.60 (confirmation area)
Targets:
TP1: 84.00
TP2: 82.42
TP3: 81.00
Stop Loss: Above 87.17 (invalidates wedge breakdown)
⚠️ What to Watch
China sentiment or surprise stimulus (may support NZD)
Sharp equity rallies (could reduce JPY demand short-term)
If NZD/JPY closes above 86.00, reduce position or stay out
🧭 Conclusion
NZD/JPY has rolled over from a broken rising wedge, now forming a clean bearish continuation structure. Weak NZ data and macro risk flows into JPY favor downside extension. This setup offers clear levels, defined risk, and macro alignment — ideal for disciplined short entries.
NZDJPY: The Price Started The Downward Movement As ExpectedNZDJPY: The Price Started The Downward Movement As Expected
NZDJPY is moving as expected, dropping nearly 90 pips since our last analysis.
The price recently broke below a bearish triangle pattern, and after a brief pullback, I expect it to continue downward.
However, the Bank of Japan’s upcoming meeting with the U.S. could also play a key role in shaping the market.
Let’s see how the charts unfold!
You may find more details in the chart!
Thank you and Good Luck!
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NZDJPY bearish continuation📌 Key Observations
Previous Structure Shift (QM + Break of Structure):
There was a clear Quasimodo (QM) formation at the top, followed by a break of structure to the downside, confirming bearish intent.
The high created liquidity and was swept—then price broke below the QM low confirming order flow shift.
Bearish Channel Breakout & Retest:
Price broke below the rising wedge (bearish reversal pattern).
Retested inside a minor bearish flag now acting as a continuation pattern (currently breaking it down again).
Current Price Action:
Price is reacting to a supply zone inside the red box, which also aligns with:
A previous order block.
A potential breaker structure.
This zone also represents a BOS retest.
🧠 Trade Idea (Sell Bias Confirmed)
✅ Entry: Inside the red supply zone (already showing rejection).
🎯 Target Zones:
TP1: 85.15 → minor demand zone + previous structure.
TP2: 84.20 → mid-level POI.
TP3: 83.14 → major demand/FVG zone.
TP4: 82.58 → extreme demand and liquidity resting point.
📍 Stop Loss: Above the red zone, ~85.95 to 86.00 area.
🔻 Risk-to-Reward (RR): The RR to final target (TP4) looks excellent (~1:4 to 1:5+).
🧩 Volume/Engulfing Confirmation (Optional)
You may wait for a bearish engulfing candle inside the red zone with bearish volume to confirm entry if you're applying your VSA + engulfing method.
NZDJPY - Off We Go... Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDJPY has been overall bullish trading within the rising channel marked in red.
Moreover, the green zone is a strong demand!
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of demand and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #NZDJPY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.