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Nzdjpyshort

NZDJPY to post a lower high?NZDJPY - 24h expiry - We look to Sell at 84.00 (stop at 84.75) Previous support located at 82.50. Previous resistance located at 83.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 84.00, resulting in improved risk/reward. A move through 82.50 will confirm the bearish momentum. Our profit targets will be 81.50 and 81.00 Resistance: 83.00 / 84.00 / 84.50 Support: 82.50 / 81.50 / 81.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
1
Selling NZDJPY at previous high.NZDJPY - 24h expiry - We look to Sell at 85.00 (stop at 85.75) Previous support located at 84.00. Previous resistance located at 84.50. We expect a reversal in this move. Risk/Reward would be poor to call a sell from current levels. A move through 84.00 will confirm the bearish momentum. Our profit targets will be 82.50 and 82.00 Resistance: 84.50 / 85.00 / 85.50 Support: 84.00 / 83.00 / 82.50 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 RangeCurrently, the price is ranging within a certain range, however, the trendline has been broken which suggests that a downward move may be more probable. It is important to note that trendlines are a visual representation of support and resistance levels and the break of a trendline can indicate a change in the market trend. In this case, traders should be cautious and closely monitor the price action for further confirmation of a downward trend. It may also be useful to consider other technical indicators and fundamental analysis to make informed trading decisions.
by TradeConfirmed
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. JPY may be somewhat WEAK in the next few days. However, NZDJPY should be slightly BUY with upcoming JPY WEAKNESS. Anyway, if the PRICE falls back on the NZDJPY MAIN SUPPORT LINE, you can BUY if the MARKET RISK ON continues. And 81.42 LEVEL can be SELL temporarily. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. Anyway, after that, you can definitely BUY at 86.14 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK.
by benny_marshall
NZDJPY PLAN!Hello traders around the world! My name is Alexandre Karim from the primes community & today we will talk about NZDJPY. First of all, let us take a look on the higher time frame (Weekly chart) and draw a major trend line catching the high of Monday 16 July 2007 (98.000) & the high of Monday 5 January 2015 (94.000) and prolong it till it reaches the current price (The TL will be slightly above it) the current price is at 86.066 (Its Sunday so the market is currently closed). Our area to short NZDJPY would be around 90.000 / 91.000 & we will be waiting for a reversal pattern in this area to execute. Since March 2020 the price is correctively moving up reaching our key area that we're waiting for. So on the daily chart we can draw an ascending channel from March 2020 till present. Focusing now on the upper TL of this ascending channel which we connected the high of Monday 1st of March 2021 (79.045) & the high of Monday 18 April 2022 (87.324) and prolonging it to see where the price might reverse. The third area would be very recent which is the high of the middle section at 87.774. On all of these areas we must wait for a reversal pattern to take a short position. Patience is key. #THEPRIMES
Short
by alex_k_95
NZDJPY: BEARISH Market Analysis! Looking for REVERSEHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the NZDJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: This market has been correcting since a while, bouncing on an important HTF level and leaving impulsively a LTF structure (rising wedge). Eventually, it was not able to form a further bearish price action and it started consolidating creating a deeper flag, which is still a potential bearish pattern considering the overall general momentum. When, where and why would we step into the market? Until the price will move inside the LTF flag, without taking out the previous swing high, our bias will stay quite bearish, according also with other JPY pairs. Before entering short on this market, we will be waiting and watching if the it will lose momentum around the resistance level and/or (for moderate traders), if it will be able to break down, and correct after the breakout . If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
16
A Very Possible Temporary Fall; NZDJPYGood Day All, First and Foremost I would like to clarify, I consider this trade RISKY , Please do significant analysis first before executing! Looking around, NJ caught my eye, seeing its recent rejection at price level 88, I predict it'll fall temporarily. The reason I consider this trade as risky is because the long standing trend on the 1D seems bullish but I hope to see it fall by 3 -5 price points before correction and readjustment towards higher levels. As you may have noticed this is a weekend/swing trade being one of the main causes of my own worry, not to mention JPY red-level news coming in soon. So, if you do decide to open this trade, please do use significantly low lots due to the higher risk this trade poses. As I said in all my past predictions, while I do not mind others benefiting from my predictions, I would hate to see others lose cause of my own. Recommended Order: Market Sell or sell after price shows continuation beyond 84.776 Take Profit 1 : 83.9 Take Profit 2 : 82.9 R/R Ratio TP 2: 1.41 R/R Ratio TP 1: 0.85 Stop Loss : 87.225 Prediction Nullifying Requiems: Price out of bounds or beyond the 1 W mark. P/S: Do Consider Adjusting The SL via ATR before letting it run. Good Luck & Good Hunting.
Short
by xevious000
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. Either way, NZDJPY should be slightly BUY with JPY WEAKNESS. Anyway, the PRICE can SELL again on the NZDJPY MAIN TREND LINE, if the MARKET RISK OFF continues, to the 85.63 LEVEL. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. After that, you can definitely BUY at 89.02 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK. Besides, the USD should be WEAK. If the MAIN STRUCTURE is BREAK, you can SELL at 80.69 LEVEL.
by benny_marshall