NZDJPY - Bullish FlagThe pair has no divergence and the indices are opposite. The pair is making a bullish flag. We will buy at the top of the flag with the mentioned trade plan.
NZDJPY trade ideas
NZDJPY Sell SignalWe have identified a new trading opportunity for the NZDJPY currency pair with the following parameters:
Direction: Sell
Enter Price: 97.853
Take Profit: 97.67733333
Stop Loss: 98.09333333
Rationale for the Sell Signal:
Our forecast is generated using the EASY Quantum Ai strategy, which considers a combination of technical indicators and market conditions. Here are some key factors influencing the decision:
1. Technical Analysis: The pair is exhibiting signs of bearish momentum based on recent price action and chart patterns. Indicators such as the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) confirm a bearish trend.
2. Resistance Levels: The pair has approached significant resistance near the 98.09333333 level, which corresponds to our Stop Loss. This level has been tested multiple times, failing to break upwards, indicating strong selling pressure around this zone.
3. Economic Indicators: Fundamental analysis aligned with recent economic releases from New Zealand and Japan suggests a weakening NZD against JPY. Factors such as trade balances and monetary policy disparities favor the JPY, adding to the bearish sentiment.
4. Market Sentiment: The broader market risk-off sentiment also supports a stronger JPY, further reinforcing the sell signal.
Recommendations:
Trade prudently and monitor the market for any changes in economic conditions or unexpected events that may influence the currency pair. Adjust your positions accordingly to mitigate risk.
NZD/JPY Trade Signal: BUYAttention traders,
We have identified a promising trading opportunity on the NZD/JPY pair. Based on our analysis using the EASY Quantum Ai strategy, we recommend initiating a BUY position.
Trade Details
Direction: Buy
Enter Price: 98.627
Take Profit: 98.897
Stop Loss: 98.2
Our forecast suggests a bullish movement for the following reasons:
1. Technical Indicators: The pair displays strong upward momentum based on recent moving average crossovers and RSI levels. This indicates increased buying pressure.
2. Economic Data: Positive economic indicators from New Zealand, such as improved GDP growth and robust employment figures, support a stronger NZD against the JPY.
3. Market Sentiment: Recent geopolitical stability in the Asia-Pacific region has reduced risk aversion, making riskier assets like NZD more appealing compared to the safe-haven JPY.
4. Historical Patterns: Historical price movements demonstrate a recurring bullish trend around the current price levels, suggesting a high probability of an upward continuation.
Please monitor the trade closely and adjust your risk management settings according to your trading plan.
Happy Trading!
EASY Quantum Ai Strategy Team
NZDJPY BUY ZONENzdjpy
Buy Zone
Expect Tp For 80 Pips
Buy At 97.865 - 97.752
Tp At 98.696 (80 Pips)
Sl At 97.745 (12 Pips)
NZD/JPY +50 Pips 0 Drawdown , New Entry Valid To Who Missed It !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZD/JPY BULLS ARE GAINING STRENGTH|LONG
Hello,Friends!
Bullish trend on NZD/JPY, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 96.668.
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Possible Long NZD/JPY tradePossible Long NZD/JPY trade with potential abc pattern and with yen weakness highly likely the trend will continue.
Trade safe traders
NZD/JPY BEST PLACE TO SELL FROM|SHORT
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We are now examining the NZD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 96.960 level.
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NZD/JPY Breaks Ascending Channel: Bullish Momentum UnleashedIn this analysis of NZD/JPY, we observe a clear breakout above the long-established ascending channel, indicating a strong bullish momentum. The recent move past the channel's upper boundary suggests potential for continued upward trends. Traders should consider the implications of this breakout for future price movements, looking for opportunities to capitalize on the bullish trend.
NZDJPY at the 161% extensionIntraday Update: The NZDJPY has reached the 161% extension of the April intervention high/low at 98.29. Intraday RSI's are divergent. This is also surpassing the highs from summer of 2007.
NZDJPY: Watch This Zone to Buy!The NZDJPY pair traded in a narrow range for about a week before breaking above a significant yearly resistance level and reaching a new high for the year.
The previous resistance level at 97.84 - 97.96 has now become a support zone.
I anticipate a continuation of the bullish trend from this support area, with target levels at 98.21 - 98.44.
NZDJPY SUPPORT & RESISTANCE BASE TRADEResistance base trade
Entry point :- 98.000
Stop lose :- 97.880
Risk :- 0.50%
Target 1 :- 98.120
Target 2 :- 98.240
Support base trade
Entry point :- 97.260
Stop lose :- 97.435
Risk :- 0.50%
Target 1 :- 97.085
Target 2 :- 96.910
NZD/JPY Best Place To Buy And Best Place To Sell For This Week !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDJPYNZDJPY
Entry point :- 97.438
Stop lose :- 97.953
Risk :- 0.50%
Target 1 :- 97.007
Target 2 :- 96.576
Bearish divergence and double top in NZDJPYA bearish divergence and a double top technical reversal pattern was observed in NZDJPY currency pair in an hourly timeframe. bearish reversal is confirmed forming new LHs and LLs. Upon confirmation of the bearish pattern (when the previous LH is breached), it will be a good point to take short position.
NZDJPY Short IdeaBOJ is most likely going to intervene again. Taking half risk trade now with bearish 8 hour candle. May keep the trade on if trades higher. The bank of new zealand is expected to hold rates next month in a couple of week. This may change depending on inflation data that comes out before that. the BOJ will need to raise rates by 15 to 25 bps next month and increase their tightening efforts to make a sticky effort. More intervention will just result in another pullback and expansion. US has monitored their two interventions and has said BOJ is not manipulating their currency.
Sell NZD/JPY Channel BreakoutThe NZD/JPY pair on the H1 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 97.55, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 96.95
2nd Support – 96.53
Stop-Loss: To manage risk, place a stop-loss order above 97.95. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
Trade Signal for NZD/JPY: SellAttention traders, we have a new signal for you on the NZD/JPY currency pair.
Direction: Sell
Enter Price: 97.727
Take Profit: 97.365
Stop Loss: 98.009
This signal was generated using our proprietary strategy, EASY Quantum Ai, which takes into account multiple factors to provide precise market predictions.
1. Technical Analysis: Our model has detected a bearish pattern formation on the 4-hour chart, indicating a potential downtrend in the near term. Key indicators, such as the Moving Averages and MACD, are in alignment with the sell signal.
2. Economic Indicators: Recent economic data from New Zealand, including lower-than-expected GDP growth and a dovish stance from the Reserve Bank of New Zealand, have contributed to a weakened NZD. On the other hand, the Japanese Yen has shown relative strength due to a stable economy and positive trade balance.
3. Market Sentiment: Sentiment analysis reveals a shift towards risk aversion among institutional traders, which typically supports the Japanese Yen and pressures the New Zealand Dollar.
Given these factors, we believe there is significant potential for NZD/JPY to move lower. Make sure to enter at 97.727, and set your Take Profit at 97.365 with a Stop Loss at 98.009 to manage your risk.
Happy trading!
NZDJPY : Time to Sell?The pair is an extended rally however the levels at which it holding back for last 4 sessions in 2005-2006 highs.
On 4 HR timeframes, pair started consolidation and break out on lower side will further open ways for deeper correction till 95.50.
Double top formation expected on higher time frames.
NZD/JPY BEARS ARE STRONG HERE|SHORT
Hello,Friends!
NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 96.587 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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NZDJPY in decline phaseNZDJPY showing decline signals price is making HL and LL on hourly time frame short sell is recommended once it give confirmation of downtrend.
Why I'm selling NZDJPY Hello traders!!! let's jump into it
We can see a pinbar on the 1D timeframe which is a sign of rejection
Expecting a healthy bounce or even a breakout
After and only after the breakout of this level that is when I will enter
