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Nzdjpyshort

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
Nzdjpy setting for bear moveHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:NZDJPY We can see formation of rising wedge in D1 So we are expecting a strong fall near Trendline. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
Short
by Theranasaramd
1