Get started

New Zealand Dollar / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

NZDJPY trade ideas

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.
Short
by BlackTygaTrades
1
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
Long
by TradeWithTheTrend3344
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
Short
by GreggiBond