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NZDJPY

NZDJPY Potential UpsidesHey Traders, in today's trading session we are monitoring NZDJPY for a buying opportunity around 84.2 zone, as we see on the 4h time frame the pullbacks are extending and approaching the major up trend, i will be watching the price action around the supply and the demand zone to watch rejection confirmation... and i would also confirm this trade by taking a look at the stock market since we have a positive correlation between indices and NZDJPY. Trade safe, Joe.
Long
by JoeChampion
3
NZDJPY - 4hrs ( Buy Trade Target Range 250 PIP ) 💲Pair Name : NZD/JPY 🗨Time Frame : 4hrs ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ↗️ Long ) Type : Mid Term Swing ——————————— 🔰Bullish Break 84.300 area Reasons 🔘- Major turn level 🔘- Visible Range poc 🔘- Fixed Range Hvn 🔘- inner Channel Break 🔘- Day / week High Break 🔰Bearish Reversal 87.000 Area Reasons 🔘- Pattern Target 🔘- visible Range hvn 🔘- 3 Q / 2 Q High Area 🔘- Major W Turn level 🔘- Fixed Range Poc
Long
by GoldenEngine
4
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. JPY may be somewhat WEAK in the next few days. However, NZDJPY should be slightly BUY with upcoming JPY WEAKNESS. Anyway, if the PRICE falls back on the NZDJPY MAIN SUPPORT LINE, you can BUY if the MARKET RISK ON continues. And 81.79 LEVEL can be SELL temporarily. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. After that, you can definitely BUY at the 89.50 level. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK.
by benny_marshall
We could have an opportunity to earn BIGIf you have been reading my analysis, you would know that I have my eyes on NZDJPY and waiting to long it to the completion of the Head and Shoulders formation that completes at 86.23. Previously, I was waiting for the completion of the Bullish Bat Pattern, which I knew chances were slim(links within the TradingView post). Now, another opportunity presents itself. The better way is the wait for a retest on the 1-hourly chart at 83.65 and wait for a Double Bottom with an RSI Divergence before engaging the buy; should the market go above the red line and close above 84.26, I would wait for a retest and recent support to long NZDJPY.
Long
by RaynLim
6
NZDJPY rallies continue to be capped.NZDJPY - 24h expiry - We look to Sell at 84.50 (stop at 85.00) Previous support located at 83.50. Previous resistance located at 84.00. We are assessed as being in a large channel formation with the support level located at 82.50. We are assessed as being in a large channel formation with the resistance level located at 85.00. Rallies continue to attract sellers. Our profit targets will be 83.00 and 82.50 Resistance: 84.00 / 84.50 / 85.00 Support: 83.50 / 83.00 / 82.50 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.
Short
by OANDA