NZDJPY breaks the upsloping supporthi traders
The price is inside the upsloping channel. If it breaks the sloping support, short position can be taken. The target is at 87.611.
Good luck!
NZDJPY trade ideas
Clean price action on NZDJPYDear Traders,
As the New York session begins, we're seeing increased volatility in the market. I've observed a significant price action on NZDJPY, with the price breaking strongly above the previous resistance level, establishing a new range. I am now considering a long position, aiming to capitalize on the upward momentum and target the previous high.
Remember, simplicity and proper risk management are key in trading.
Best regards,
Tradebudz
NZDJPY Price ActionH4 Price Bias is Bullish.
Price retrace back to horizontal level. a double bottom formation is created. Price broken and close about the resistance (neck line) so price will be heading higher targeting swing high.
NZDJPY (Buy)Hello everyone
Bearish trendline has been broken and pullback happened on strong demand zone so i expect big bullish movements.
NZD Is Ready to Go HigherNZD/JPY is exhibiting a robust bullish momentum, signaling a potential breakout above the current resistance level. The price action suggests a bullish bias, with the first target identified at 92.960
NZDJPY MARKET ANALYSISIn this video, I shared my view on NZDJPY. Trader take note of the powerful fundamental factor to be released on this pairs tomorrow Wednesday. Your views are welcome in the comment box.
Buyers are pushing what an eventful week
lets take a look at the NZDJPY charts
clearly buyers are pushing and we will see it pushing higher soon enough.
The demand zone has been highlighted in the chart
Carpe diem!
NZDJPY D1 BUYHey traders, this is Rogue_Trader007. I have spotted NZDJPY as a good buy because it has a strong support level at 0.786 Fib level, which is also a hidden Divergence when combined with 14 period RSI. This makes a great entry as it usually shoot towards the 1.272 Fib level.
Making this a strong BUY.
Enjoy watching this idea and remember that patience is key in FOREX.
NZDJPY Short set upThis is the NZDJPY set up for selling. It needs to break the neckline to reach TP.
GL.
NZDJPY: Weak Market & Bearish Continuation
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDJPY pair price action which suggests a high likelihood of a coming move down.
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NZDJPY possible dropAfter price impulsed to the upside to take out previously formed trend line liquidity, it preceded to break structure to the downside to continue with its bearish trend. We see a similar impulse happening that takes out recently formed trend line liquidity. This impulse quickly reverses after tapping into an extreme supply zone that was formed during the bearish push. It then gave us a confirmed change of character on lower time frame. Zooming in, we find that price has currently formed liquidity that it could use to fuel its move further to the downside after filling in some imbalance, taking out our recently formed low and its liquidity.
NZDJPY, Bullish trend. NZDJPY / 1D
Greetings, traders! Welcome back to another market analysis.
The NZDJPY pair has been following a bullish trend, with the price indicating signs of strength in the last week. This breakout suggests the possibility of further upward movement. I intend to consider entering positions at lower prices following confirmation of the lower time frame during the next pull-back phase.
Trade safely,
Trader Leo
NZD/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
We are going short on the NZD/JPY with the target of 90.541 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
NZDJPY: Bullish Outlook PrevailsHello Everyone,
To sustain further upward movement in NZDJPY, it's crucial for the price to maintain a steady position above the monthly pivot point (1M PP). Notably, resistance levels at 91.152, 92.168, and 95.215 should be closely monitored.
Despite a growing bearish sentiment, particularly evident on higher timeframes, our outlook on NZDJPY remains bullish for the long term. We maintain a bullish stance within daily to yearly timeframes. Although prevailing sentiment suggests a potential shift towards bearish trends, this hasn't materialized yet. Present indicators continue to signal the potential for continued upward momentum.
TradeWithTheTrend3344
BUYThe Market is going down for a deep retracement , we expect price to take recent liquidity, tap into the Bullish Breaker before reacting ..
NZDJPY Possible Short Position1h - ReEntry
15m- 50 EMA Rejection + Extreme Sell
5m- wait for CSAK + Retest in MAHILO
Note:
*in this analysis I'm waiting for Extreme in 15m to enter a trade
* Cancel trade or cut-loss when candle close above MAHI in 1h
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
NZDJPY IS PRINTING DOUBLE TOP NZDJPY is printing double top with bearish divergence which is sign of reversal my trade plane is mention in chart
NZDJPY Looking to sell Iv definitely going against the trend here but i trust my strategy, sell it is
NZD/JPY- Bearish trend: Overall downward movement in the price of a financial asset.
- Higher low: Despite the bearish trend, each low point reached by the price is slightly higher than the previous one.
- Lower low: Each low point in the price is lower than the previous one, confirming the continuation of the bearish trend.
- Trend line resistance: A trend line drawn along the highs of the bearish trend acts as resistance, preventing significant upward movement when approached from below.
Buying NZD/JPY (New Zealand Dollar vs Japanese Yen)OANDA:NZDJPY NZD/JPY: Bulls Hunting in the Land of Samurai and Kiwis!
Looking for a chance to grab some pips in the forex market? Take a trip to the land of samurai and kiwis and long NZD/JPY at 90.609 for a potential sweet reversal!
Prediction:
A break above 90.609 could trigger an upward spiral for NZD/JPY.
First target is 91.500, followed by 92.200 - be ready to lock in profits at these levels!
Remember:
Watch out for the market whales! Stay tuned for economic news and events.
Manage your risk wisely. Don't go all-in - enter with a small position size.
This is just a suggestion, always do your own research before entering any trade.
