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Nzdjpyshort

Stars Aligning, Triple Confluence Pointing To A HUGE Sell Off??Looks like the stars might be lining up for a big drop in this pair. Here's what I see: three big signs (or "confluences") are showing up, suggesting either a quick drop or a longer downturn that could last months. The first confluence is that we're in a Monthly SUPPLY/SELL zone. This is where prices dropped over 2,000 pips back in 2015, making it a prime focus for sellers to start building into positions. The second confluence is a Monthly resistance at 92.5, which was the high point in 2015. It's also near the 2014 high at 94. If prices head up to 92.5, they could quickly spike to 93 or 94. The third confluence is breaking above a Monthly trend line, something sellers will definitely keep an eye on. On the daily and shorter time charts, price momentum is clearly slowing down evident with the MACD divergence signals appearing on the daily and 12-hour charts pointing to a possible drop. Given these factors, a SELL scenario seems increasingly likely, and here's my strategy to capitalize on it. I will start building into a position now and if price does continue to move higher towards 92.5 I will look for SELL signals on my TRFX indicator on the daily and 4 hour charts. First target for this trade will be the weekly support around the 87 level, second target will be 83 area which is a strong Monthly support area. This is a great trade idea and could actually turn into a monster of a trade if you are able to hold long term. Hope you enjoyed the read.
Short
by TheFxAce
7
NZDJPY Long Term selling Trading IdeaHello Traders In This Chart NZDJPY HOURLY Forex Forecast By FOREX PLANET today NZDJPY analysis 👆 🟢This Chart includes_ (NZDJPY market update) 🟢What is The Next Opportunity on NZDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
NZDJPY I It will keep growing until yen monetary changesNov 21 Welcome back! Let me know your thoughts in the comments! ** NZDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
NZDJPY to form a lower high?NZDJPY - 24h expiry We are trading at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into rallies. Although the anticipated move lower is corrective, it does offer ample risk/reward today. We look to Sell at 90.90 (stop at 91.30) Our profit targets will be 89.90 and 89.70 Resistance: 90.99 / 91.70 / 92.65 Support: 89.70 / 88.70 / 87.90 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
Juicy sell opportunity in NZD/JPY. Are you selling too?Greeting fellow traders and the entire Tradingview community. This is a set-up which was on my mind for the last few days. Thankfully, CPI data from the US propelled NZD/JPY to the level I was targeting in my mind. Price has reached the previous high. So, do you think we should sell it? Ideally, we need to wait for a couple of bearish candles before pulling the sell trigger. But, as a lazy trader :P, I am too lazy to wait and do all the hard work. So, I am just selling NZDJPY@90.12. Hopefully it falls now.
Short
by YourLazyTrader
7
NZDJPY Technical Analysis And Trade IdeaGreetings! In this video, we're diving into the dynamics of the NZDJPY currency pair. While it has displayed a bullish trend, recent observations on the four-hour timeframe indicate a potential weakening. A discernible break in the established structure has piqued our interest, prompting a closer look at potential trade opportunities. Throughout the video, we'll engage in a detailed discussion on key aspects of market structure, price action, trend analysis, and other essential components of technical analysis. It's crucial to note that this content is designed for educational purposes. However, please refrain from interpreting it as financial advice. Our goal is to provide insights and knowledge into trading intricacies.
Short
by fxtraderanthony
NZDJPY to find sellers at market?NZDJPY - 24h expiry There is no clear indication that the upward move is coming to an end. A higher correction is expected. Risk/Reward would be poor to call a sell from current levels. A move through 87.00 will confirm the bearish momentum. The measured move target is 86.25. We look to Sell at 87.42 (stop at 87.82) Our profit targets will be 86.42 and 86.22 Resistance: 87.50 / 87.75 / 88.00 Support: 87.00 / 86.50 / 86.25 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
NZDJPY Long Term Trading IdeaHello Traders In This Chart NZDJPY HOURLY Forex Forecast By FOREX PLANET today NZDJPY analysis 👆 🟢This Chart includes_ (NZDJPY market update) 🟢What is The Next Opportunity on NZDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20