NZDJPY Buy OppertunityOANDA:NZDJPY Buy Opportunity
BUY 87.350
Top 87.550
Good buy opportunity to trade in and seize profits.
Nzdjpy!!
NZD/JPY Breakout and RetestThe NZD/JPY currency pair recently displayed a promising price action pattern, as it broke out of a triangular consolidation pattern and successfully retested a significant support level at 85.00. This technical development suggests a potential bullish momentum for NZD/JPY, providing us with an opportunity to capture potential gains.
The breakout above the upper trendline of the triangle signifies a shift in market sentiment, indicating that buyers have gained control over sellers. Moreover, the subsequent retest of the 85.00 support level reinforces the significance of this area and suggests that it could serve as a strong foundation for further upward movement.
With the bullish bias established, we can consider targeting three specific levels as potential profit objectives. These targets are determined based on previous resistance levels:
TARGET 1 : 85.82
TARGET 2 : 86.30
TARGET 3 : 86.84
🔥 MODIFICATION: NZDJPY 🔥 SWING TRADE 🔥Our technical analysis of NZDJPY is still in play. The pair has been in a downtrend for the past few months and has recently reached a Supply Zone (SZ) at 86.60 on the 15-hour chart. This SZ suggests that there is strong selling pressure at this level, and it is likely that the pair will continue to decline. The next resistance level is at 86.80, and if this level is respected, then we have a huge opportunity to capitalize on this downside pressure.
Resistance @ 86.80
Supply Zone @ 86.60
SSO2 @ 86.15 📉
SSO1 @ 85.15 📉
TP1 @ 84.35 (shaving 25%)
TP2 @ 83.66 (shaving 50%)
TP3 @ 82.33 (closing ALL Sell Orders)
BLO1 @ 82.00
BLO2 @ 81.25
-SL @ 80.85 🚫
🔥 ADD-ON: NZDJPY 🔥 SWING TRADE 🔥SSO2 @ 86.15 📉
SSO1 @ 85.15 📉
TP1 @ 84.35 (shaving 25%)
TP2 @ 83.66 (shaving 50%)
TP3 @ 82.33 (closing ALL Sell Orders)
BLO1 @ 82.00
BLO2 @ 81.25
-SL @ 80.85 🚫
NZDJPY to find support at previous resistance?NZDJPY - 24h expiry
Previous support located at 85.25.
Previous resistance located at 85.50.
Further upside is expected. Risk/Reward would be poor to call a buy from current levels.
A move through 85.50 will confirm the bullish momentum.
We look to Buy at 85.00 (stop at 84.60)
Our profit targets will be 86.00 and 86.20
Resistance: 85.50 / 86.00 / 86.50
Support: 85.25 / 85.00 / 84.50
Risk Disclaimer
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.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
The Take Over!!!!!Time to sell might be the best profitable week of the month I love June we going short don't miss out still cant believe I'm giving this out for #free
NZDJPYNZDJPY has formed inverse HnS and broke through neckline. A successful retest of neckline can push the price even higher.
🔥 NEW: NZDJPY 🔥 SWING TRADE 🔥SSO @ 85.15 ⏳
TP1 @ 83.66 (shaving 50%)
TP2 @ 82.33 (closing ALL Buy Orders)
BLO1 @ 82.00 ⏳
BLO2 @ 81.25 ⏳
⚠️ This is a Counter-Trend Trade (CTT). Your position size should be 2% or less, with a Stop Loss at 2% or less — or whatever fits your trading strategy.
NZDJPY BuyNzdjpy has taken a support on its H1 support level but as we are monitoring this pair we have a sell baised someway and thats the reason we have a trendline on H1 time frame if it goes down and touches this H1 trendline we will be buying this pair from there after a proper price action as markets are slow today but we are still in the market and monitoring this pair and will inshallah go long if we get any singla
✨ NEW: NZDJPY ✨ POSITION TRADE ✨SLO @ 88.50
TP1 @ 82.85 (shaving 25%)
TP2 @ 78.00 (shaving 25%)
TP3 @ 74.50 (shaving 25%)
TP4 @ 69.00 (closing ALL Sell Orders)
NZDJPY LONG - BIG SWING AT PLAY!Waiting for a retest of 85.050 to long NZDJPY back to Daily swing highs at 87.236
If you agree drop a like and if you have any questions leave a comment :)
NZD JPYThis is my prediction for NZD JPY, in the short term I'm waiting for a pullback then I expect the price to jump. Let's see how the market reacts in the upcoming days.
Trade carefully!
Remember: Take some profits if the trade is going as planned and manage your trade.
NZDJPY support continues to hold back the bears.NZDJPY - 24h expiry - We look to Buy at 84.50 (stop at 84.05)
Previous support located at 84.41.
Previous resistance located at 85.00.
Price action looks to be forming a bottom.
Further upside is expected.
Dips continue to attract buyers.
Our profit targets will be 85.60 and 85.80
Resistance: 85.00 / 85.41 / 85.86
Support: 84.50 / 84.25 / 83.50
Risk Disclaimer
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.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
NZD/JPY - SELLI like to buy JPY against NZD at 84.663 where the stop loss at 85.094 and profit target around 3:1
NZDJPY: starting the final sell wave of the Head and Shoulders.NZDJPY is on neutral 1D technicals (RSI = 50.536, MACD = 0.110, ADX = 26.358) as the price is consolidating after a rebound on the 1D MA50. The rejection on the R1 Zone, is technically the Head of the Head and Shoulders pattern, a bearish formation seen on market peaks. This rebound is forming the Right Shoulder.
With the 1D RSI on Higher Lows for the whole year, we can't ignore the possibility of a fake Head and Shoulders formation, so the level which invalidates this is the LS overhead Resistance at 85.940. Under this, we will target the 0.236 Fibonacci level (TP = 81.550), which is a standard target for the price after rejections on the R1 Zone since April 2022.
Prior idea:
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nzdjpy The first scenario is that the price can go from this point to two lower targets
The second scenario, the price can fall from the red box to the specified target
Good luck
#nzdjpy
Low Risk, High Return TradeA combo trade, this is what I call it.
A Bearish Shark Pattern appears on the M15 chart coinciding with the 1-hourly chart Wedge Pattern with a retest of resistance, allowing me to engage the trade base on the M15 chart but allow an extended target on the 1-hourly chart.
As good as it sounds, I'll be placing my stop loss as per usual and will not overtrade this.
NZDJPY remains in the box: short.I believe that NZD/JPY will likely continue trading within the current range because it has reached the upper boundary. Resistance naturally opposes upward movement, while support naturally provides a floor for prices. In this case, it is evident that we are facing a clear resistance level.
NZDJPYHello Dear Trader Or investor
Today’s we share nzdjpy analysis it’s look for buy
So what’s you think about it ?
Like and comment plz
NzdJpy BuyNzdjpy is all set for buy position as M30 and H1 trendline show that for scalpers its best oppertunity for going long for this pair to H1 tree resistance level and the we will decide what next as on H4 the pair is forming a Head and shoulder pattren but if it fails it will go upwards rally to its daily Resistance level
NZDJPY:UPDATEHey, guys. The price is based on analysis. Now it is at 80 pips of profit. Due to today's important news, you can move your stop loss to the entry point or close the position.
NzdJpy Long Bias !!Good Day.
i've had my eyes on NZDJPY for a Long time now.
i'm looking at a potential Bullish reversal at the Support level which has a Demand Zone on H8 TF.
Price has been at this zone for about 24 hours with multiple Exhaustion Candles and now we have a potential Bullish
which may serve as a potential Confirmation for Entry for a BUY!
NZDJPY:H3📢 Please follow your strategy, , this is just my idea
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