Could the price reverse from here?NZD/JPY is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit.
Entry: 88.60
Why we like it:
There is a pullback resistance level.
Stop loss: 89.18
Why we like it:
There is a pullback resistance level that is slightly below the 127.2% Fibonacci extension.
Take profit: 87.78
Why we like it:
There is a pullback support level.
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NZDJPY
NZD/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Bearish trend on NZD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 87.200.
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NZD/JPY Breaking Barriers and Soaring HigherNZD/JPY shows a strong bullish breakout on the 1-hour chart. A descending trendline was invalidated, indicating a shift in market sentiment. This move highlights growing buying pressure and a potential continuation of the upward trend.
The breakout occurred near 88.140, which aligns with a resistance level turned into support. Buyers are stepping in aggressively, creating a high-probability long opportunity.
The stop loss is placed at 87.073, below the recent consolidation area, ensuring protection against invalidation. The take profit is set at 89.433, derived from the measured move projection of the breakout.
This trade presents a favorable risk-to-reward ratio, backed by momentum and a clean breakout structure. With market sentiment leaning bullish, this setup aligns with trend-following principles.
NZDJPY at Key Support – Bullish Reversal LikelyNZDJPY is trading at a key demand zone, marked by previous price rejections and strong buying interest. This area has consistently acted as a turning point, where buyers regained control and pushed prices higher.
The recent bearish move has brought the price into this critical support area. Given the strength of the demand zone, there is a high probability of a bullish reversal if price action confirms buying pressure (e.g., bullish engulfing candles or long lower wicks signaling rejection).
I anticipate a bullish move toward the 88.40 level, which represents a logical target for this setup based on prior resistance. This setup aligns with the expectation of a short-term recovery within the broader market context.
NZDJPY Set To Grow! BUY!
My dear followers,
This is my opinion on the NZDJPY next move:
The asset is approaching an important pivot point 87.259
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 87.955
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Bearish drop?NZD/JPY has reacted off the pivot which lines up with the 61.8% Fibonacci retracement and could drop to the 1st support.
Pivot: 88.69
1st Support: 87.69
1st Resistance: 89.69
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NZD/JPY LONG FROM SUPPORT
Hello, Friends!
We are going long on the NZD/JPY with the target of 88.170 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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NZD-JPY Will Fall! Sell!
Hello,Traders!
NZD-JPY made a confirmed
Bearish breakout of the key
Horizontal level of 87.900
While trading in a local
Downtrend so we are
Bearish biased and we
Will be expecting a
Further bearish move down
Sell!
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NZDJPY forming a top?NZDJPY - 24h expiry
The primary trend remains bearish.
Price action looks to be forming a top.
Preferred trade is to sell into rallies.
The hourly chart technicals suggests further upside before the downtrend returns.
Bespoke resistance is located at 89.00.
We look to Sell at 89.00 (stop at 89.25)
Our profit targets will be 88.40 and 88.20
Resistance: 88.90 / 89.10 / 89.40
Support: 88.60 / 88.25 / 88.00
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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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08.01.25 Morning ForecastPairs on Watch -
FX:NZDJPY (Live)
FX:GBPUSD
OANDA:XPTUSD
I will be recording a trade recap video of a UK100 position I took yesterday with the NZDJPY position I also took today this week.
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
NZD/JPY "Kiwi vs Japanese" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the NZD/JPY "Kiwi vs Japanese" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 30min period, the recent / nearest low or high level.
Goal 🎯: 90.200
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Based on the fundamental analysis, I would conclude that the NZD/JPY (New Zealand Dollar/Japanese Yen) pair is: Bullish
Bullish Factors:
The New Zealand economy's moderate growth and relatively high interest rates.
The Japanese economy's slow growth and ultra-loose monetary policy.
The yield differential, which favors the New Zealand dollar.
The potential for a rebound in the New Zealand dairy industry, which could boost exports and support the currency.
The BoJ's potential to maintain its ultra-loose monetary policy, which could weaken the yen.
Key Fundamental Indicators:
New Zealand GDP growth: 2.5% (2023 estimate)
Japan GDP growth: 0.5% (2023 estimate)
RBNZ interest rate: 3.50%
BoJ interest rate: 0.10%
New Zealand trade balance: NZD 1 billion (2023 estimate)
Japan trade balance: ¥500 billion (2023 estimate)
Market Sentiment:
Bullish sentiment: 70%
Bearish sentiment: 30%
Neutral sentiment: 0%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
NZD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
NZD/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 87.705 area.
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NZD/JPY Buy AnalysisThe pair is bouncing off strong channel support at 88.15, setting up a potential bullish move toward 93.07 (upper channel resistance).
🔥 Why This Setup Stands Out:
Strong support zone at 88.15.
Excellent risk/reward ratio for buyers.
🎯 Key Levels to Watch:
Entry: Above 88.15
Target 1: 91.68
Target 2: 93.07
Stop-Loss: Below 86.43
Stay sharp and wait for confirmation! Let’s catch the wave. 🌊📈
NZDJPY: Forecast & Trading Plan
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDJPY chart which, if analyzed properly, clearly points in the downward direction.
❤️ Please, support our work with like & comment! ❤️
NZDJPY Bullish Stock and Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring NZDJPY for a buying opportunity around 88.500 zone, NZDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 88.500 support and resistance area.
Trade safe, Joe.