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Nzdjpylong

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
NZDJPY - Bullish BiasNZD - BULLISH 1️⃣ Investors monitored ongoing US fiscal stimulus situations as senators urged President Joe Biden on Sunday to significantly downsize his sweeping $1.9 trillion COVID-19 relief package to win bipartisan support as Democrats in Congress prepared to push ahead with his plan this week. 2️⃣ New Zealanders will once again be allowed to fly into Australia without undergoing quarantine as health officials reported no new COVID-19 infections following the initial three cases of the B1351 variant. 3️⃣ Positive risk tone could support the antipodeans. JPY - BEARISH 1️⃣ Japanese government is set to extend Tuesday the state of emergency for regions still struggling with a high number of coronavirus infections, with the emergency period in prefectures including the Tokyo area expected to run for another month. 2️⃣ Investors also continued monitoring US fiscal stimulus negotiations as Democrats in Congress prepared to push ahead with his plan this week. 3️⃣ Risk-on tone pressured the safe-havens JPY. ===== Technical ===== We are looking to buy the NZDJPY on the support + above SMA 50 on the H1 chart.
Long
by MonsunAsia
NZDJPY_- Sell Bigger Time <<<Disclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
Short
by Rapid-Trading-LTD
NZDJPY long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
NZDJPY: Will the price GROW more on this CHANNEL?Hi 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 : In the weekly time frame, since March 2020, the price has been moving following a strong uptrend, bouncing on its dynamic trendline just in November 2020. It's currently still in uptrend and it reached a strong resistance zone. In the daily time frame, since November, the price has been following a clear ascending channel and few days ago it got a rejection on its dynamic support line. It's currently moving up with a great chance to reach and retest again a strong resistance zone at about 75.640. In the h4 time frame, two days ago the price broke a secondary trendline and it's currently retesting the same level. The next price action will be essential to understand the next movement. 🔴 Conclusion : I'm confident to see the price moving up after a possible bounce on the support zone at about 74.000. I'll be waiting for a clear price action before planning my next long position on this trade, so at the moment, I suggest to not open any position. 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
12