NZDJPY - Is the WAR SENTIMENT OVER? Will BE MARKET RISK OFF? - The DATA BUILDING CONSENTS, ANZ business confidence, for the New Zealand dollar is due out this week. These are very LOW IMPACT NEWS. According to the MARKET SENTIMENT, a DEMAND may come to the NZD this week. Also, the Japanese yen is following the market sentiment as there is no special data release for JPY.
- China has decided to lock down the Shanghai area of China due to the further escalation of the corona virus. It is not clear whether this is a new variant or an old variant. Stay tuned for this. This could affect NZD AUD CURRENCIES in the future.
- NZD FEATURE is currently down a bit. The main reason for this is that MARKET RISK is starting to OFD and STOCKS are starting to DOWN. The NZD FEATURE stands at 0.6930 LEVEL. JPY FEATURE is heavily DOWNED according to MARKET SENTIMENT and JPY ECONOMIC PROJECTION. Anyway, if there is a CORRECTION that can be JPY UP in the future. Stay tuned for the VIX INDEX. Its price is above NZDJPY DYNAMIC LEVELS.
- Currently the OVERALL MARKET is RISK OFF. Also STOKES are getting a bit RED. VIX UP is becoming. Also COMMODITIES are now slowly DOWN.
- NZDJPY currently has a SHORT TERM UPSIDE BIAS. Maybe the NZDJPY price will move to 87.32 LEVEL.
- If the market risk goes off anyway, you can definitely BREAK the NZDJPY TREND LINE and sell at 82.09 LEVEL.
- Maybe a little PULLBACK can come before the NZDJPY BUY according to the MARKET CONDITION. Today is Monday so we have to wait for the LONDON SESSION.
- Stay tuned for market sentiment and NZD FEATURE CHART, JPY FEATURE CHART, VIX CHART. From this we can see the trends against markets against NZDJPY and the MARKET SENTIMENT.
- Now the price is above the dynamic levels so maybe the PRICE for DYNAMIC S / R LEVEL can be a RETRACEMENT.
Nzdjpyanalysis
NZD/JPYThe New Zealand dollar continues to rally rather significantly, especially against the Japanese yen. The Japanese yen has been crushed against almost everything on the planet, and it looks as if the New Zealand dollar is trying to clear the ¥85 level. Breaking above there would open up the possibility of a runaway market. That being said, I would not be surprised at all to see a little bit of a short-term pullback in order to build up momentum. The ¥82 level is the previous high that should now offer a little bit of support.
NZDJPY Will Go Down !!NZD-JPY is trading in an uptrend
In an ascending channel but the pair
It retests the rising resistance AT 84.500
Which is coupled with the fact that
The pair is overbought and with
Bearish price movement on lower time frames
I think we'll see a price drop soon
With the aim of retesting the horizontal support below at 78.700
NZD/JPY Hit All Targets +225 Pips , Short Areas Shown This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/JPY Running In 170 Pips , New Entry To Who Missed First !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/JPY Finally Closed Above Res,Long Setup After ConfirmationThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/JPY SHORT SELL OPPUTUNITY view......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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NZDJPY, price at top of channel, look for a shortHi Traders,
Price action on NZDJPY is continuing to look bearish as price is moving within an Ascending channel approaching the top boundary. We have a double top and a LTF channel within the HTF reversal structure to give us confluence for a sell on this pair.
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