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Nzdjpylong

NZDJPY - Bullish BiasNZD - BULLISH 1️⃣ Investors proved optimistic on the prospects of faster growth, while local bond yields stabilized after their run-up on inflation concerns. The yield on New Zealand's 10-year government bond jumped to yearly highs of 1.72%, while US 10-year yields eased to 1.362%. 2️⃣ New Zealand’s foreign currency rating to AA+ from AA and its local currency rating to AAA from AA+, citing faster-than-expected economic recovery. JPY - BEARISH 1️⃣ Market participants exercise caution amid rising bond yields both locally and in the US as US 10-year yields remained elevated at yearly highs of 1.362%, while Japanese 10-year yields hit over 2-year highs of 0.115% amid lingering speculation the BOJ could widen the 40-basis-point band under which it allows 10-year yields to move around its 0% target. 2️⃣ Prospect on faster growth weighing on the safe-haven asset such as JPY. ===== Technical ===== We are buying the NZDJPY on the RBS + above SMA 50 on the H1 chart.
Long
by MonsunAsia
NZDJPY: The price is still FOLLOWING its ChannelHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : NZD/JPY ⚪ Technical Analysis : Since the end of January 2021, the price has been following a clear ascending channel, leaving its main trendline and starting a new uptrend, bouncing few times on its secondary trendline. Today it broke through a daily S/R zone at about 76.600, getting a rejection (see the pin bar) on its dynamic channel's line. The price is currently moving down, approaching a new re-test of the previous S/R zone. 🔴 Conclusion : The monthly and daily perspectives are still following an uptrend, so I'll be looking for long positions on this trade. I'm confident to see the price getting a bullish impulse after it will re-test and probably consolidate on the S/R zone at 76.600. The price is cleary moving over the EMA 100, than a proper rejection will be a nice long opportunity. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Long
by FXtrades-gp
8
NZD/JPY could move UP!Hey tradomaniacs, NZD/JPY just re-tested a strong support-zone and is about to create a H4-Wick 👉 First sign of reversal? NZD/USD and AUD/USD are both steady with Indicies that failed to break key-support-zones, which is very good for our crosspair-trades. Market is as expected very news-driven currently and I will wait for the FOMC`s statement as this can change everything, hence it is hard to predict any direction here because the moves could just be corrections. I will wait for confluence and so high-probabillity-trades. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
by Trading2ez
4
NZDJPY, 1hr tf, buy setup at the end of wave-ivHello my friends, Today i am gonna buy NZDJPY. Previously i took sell order from 76.55 and closed it at 76.00 and banked +55 pips which yield 2.75R. I didn't posted it on tradingview because i was not on my laptop when i took that trade. So instead i will share the buy position today. As you can see, price retrace towards 61.8 fibonacci retracement which also has a horizontal support level at 75.90. Additonally there is 200-EMA at here as well so this place is an area of confluence support. Buy NZDJPY 75.90 Stop loss 75.50 Take profit 77.20 (3.25R) Use only 1-2% risk Good luck
Long
by HayatoDragonFX
1
NZDJPY - Bullish BiasNZD - BULLISH 1️⃣ Strong risk appetite as investors proved optimistic on the hopes of a global recovery aided by effective vaccine rollouts and further stimulus for the US economy. 2️⃣ New Zealand reported no new cases of COVID-19 in the community and no cases in managed isolation to report today. JPY - BEARISH 1️⃣ Strong risk-appetite throughout Asian trade dented the safe-haven Yen as Bank of Japan Governor Haruhiko Kuroda defended the BoJ’s ultra-loose monetary policy, stressing that it was premature to debate an exit from the central bank’s huge purchases and holdings of exchange-traded funds while the coronavirus pandemic continues to ravage the economy. 2️⃣ The upbeat market mood undermined the safe-haven JPY. ===== Technical ===== We are looking to buy the NZDJPY on RBS + above SMA 50 on the H1 chart.
Long
by MonsunAsia