NZDJPYHello Traders Welcome back to another profit day
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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 watchlist and see if the rules of your strategy are satisfied.
NZDJPY view with S N R
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The information given is not a Financial Advice.
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Nzdjpysell
SELL NZDJPY (250PIPS)Price moving into supply/resistance and resistance trendline area, would be looking to sell the pair if I see significant rejection off this area followed by more bearish confirmations, alternate scenario would be a breakout of this channel and a retest back into resistance turned support area.
NZDJPY, SELL hard??NZDJPY is currently trading at the resistance area 76.00
It's nearest Supply area is at 76.80
It is trading within a downward channel that started since june-21. Yet it failed to breakout. So, my bias is still bearish unless it breaks from that channel.
The resistance area is my first sell zone. A bullish close above will expose the supply area where I have placed my second sell order.
NZDJPY bearish scenario:In this pair, technical analysis shows a technical figure Descending Triangle. The Descending Triangle has broken through the support line on 20/08/2021. NZDJPY forming a bearish formation on a daily chart . If the price holds below this level we will have a possible bearish price movement with a forecast for the next 42 days with a target of 73.47. If you decide to enter this position, experts say your stop-loss order should be placed at 77.94.
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💡Don't miss the great sell opportunity in NZDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (76.91).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 33.
Take Profits:
TP1= @ 76.17
TP2= @ 75.77
TP3= @ 75.26
TP4= @ 74.60
TP5= @ 73.94
SL: Break Above R2
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💡Don't miss the great sell opportunity in NZDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (76.91).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 33.
Take Profits:
TP1= @ 76.17
TP2= @ 75.77
TP3= @ 75.26
TP4= @ 74.60
TP5= @ 73.94
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZDJPY ANALYSISJust as our previous analysis explained, we have seen a break above the current level of resistance.
We now have price pulling back to the level.
If price finds support here, with bullish confirmations, we would be going in for longs.
Stops would be below this level, with targets at a new high in the trend. Trade with the trend. Trade Safe.
NZD/JPY Full Analysis ,New 2 Setups Available 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
Short Vision on NZDJPY for 10/08/2021Hello Dear Traders,
NZD-JPY is finally going down after the breakout from the rising support, Just as I predicted yesterday, already 100 pips profit for the last two days.
You find below my analysis for NZD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame NZD/JPY will fall to 76.5 as I am showing in my chart. Our Daily Goal is 76.3.
Currently, NZD/JPY is moving towards the resistance level of 77.2 ,where there is some liquidity from this value we are looking for short-term selling opportunities of NZD/JPY.
Good Luck and enjoy your Bearish Market for today.
Entry:@ 77.2
TP1: @77
TP2: @76.8
TP3: @76.5
SL: @77.5
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
NZDJPY.. WOULD WE BREAK ABOVE THIS LEVEL?With the recent push on this pair recently, it is sooner or later that price could break above this level.
If price breaks this level, we could see some more upside to this pair.
Long targets would be 78.000 as that is the next psychological level.
We'll add this pair to our watchlist, watching how price develops as we await the breakout.
Short Vision on NZD JPY for 04/08/2021Hello Dear Traders,
You find below my analysis for NZD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame NZD/JPY will fall to 76.5 as I am showing in my chart. Our Daily Goal is 76.3.
Currently, EUR/JPY is moving towards the resistance level of 77.2 ,where there is some liquidity from this value we are looking for short-term selling opportunities of NZD/JPY.
Good Luck and enjoy your Bearish Market for today.
Entry:@ 77.23
TP1: @77
TP2: @76.8
TP3: @76.6
SL: @77.5
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
NZDJPY Has Got Several Rejections From the Trend Line
Welcome back Traders, Investors, and Community!
Hi Traders, NZDJPY on H4 on the downtrend after several rejections from the Bearish trend line is expected to go lower
⬇️Sell now or Sell at 77.16
⭕️SL @ 77.68
✅TP1 @ 76.10
✅TP2 @ 75.44
✅TP3 @ 74.16
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Have a Profitable Day
NZD/JPY Running In 50 Pips From Last Video, New Entry Added 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 New Short Setup After Confirmation Free 100 Pips!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