Get started

Nzdjpytechnicalanalysis

NZD/JPY "Kiwi vs Japanese" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the NZD/JPY "Kiwi vs Japanese" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉 Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated on the MA level breakout of 89.200 However I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level. Goal 🎯: 90.200 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Fundamental & Macro Outlook 📰🗞️ Based on the fundamental & macro analysis, I would expecting a bullish outlook for NZD/JPY "Kiwi vs Japanese" Forex Market Fundamental Analysis 1. Interest Rate Differential: The Reserve Bank of New Zealand (RBNZ) has maintained a hawkish tone, while the Bank of Japan (BoJ) remains dovish. This interest rate differential can make NZD/JPY more attractive to investors. 2. Inflation Rates: New Zealand's inflation rates have been relatively high, while Japan's inflation rates remain low. Higher inflation in New Zealand can lead to higher interest rates, making NZD/JPY more attractive. 3. Economic Growth: New Zealand's economic growth has been steady, while Japan's economy has shown signs of improvement. A stronger Japanese economy can lead to a weaker NZD/JPY. 4. Trade Balance: New Zealand's trade balance has been in deficit, while Japan's trade balance has been in surplus. A worsening trade balance in New Zealand can lead to a weaker NZD/JPY. Macroeconomic Analysis 1. Global Risk Appetite: NZD/JPY is considered a risk pair, meaning it performs well when global risk appetite is high. A decrease in global risk appetite can lead to a weaker NZD/JPY. 2. Central Bank Policies: The BoJ's monetary policy remains more dovish than the RBNZ's. A more dovish BoJ can lead to a weaker JPY, making NZD/JPY more attractive. 3. Geopolitical Tensions: Geopolitical tensions, particularly between the US and North Korea, can lead to a safe-haven flow into JPY, weakening NZD/JPY. 4. Commodity Prices: New Zealand is a major exporter of commodities, so higher commodity prices can lead to a stronger NZD, making NZD/JPY more attractive. Upcoming Economic Events 1. RBNZ Monetary Policy Statement (February 22): A hawkish tone from the RBNZ can lead to a stronger NZD and a bullish NZD/JPY. 2. BoJ Monetary Policy Meeting (March 10): A dovish tone from the BoJ can lead to a weaker JPY and a bullish NZD/JPY. 3. New Zealand GDP (March 16): A strong GDP reading can lead to a stronger NZD and a bullish NZD/JPY. Conclusion Based on the analysis above, the outlook for NZD/JPY is slightly bullish. The interest rate differential, inflation rates, and commodity prices are all supportive of a stronger NZD. However, geopolitical tensions and a potential safe-haven flow into JPY can lead to a weaker NZD/JPY. Market Sentiment Indicators 1. FX Sentiment Index: 54% of traders are long on NZD/JPY, while 46% are short. (Source: FXStreet) 2. Retail Trader Sentiment: 60% of retail traders are long on NZD/JPY, while 40% are short. (Source: IG Client Sentiment) 3. Speculative Positions: The latest CFTC data shows that speculative positions are net long on NZD/JPY. (Source: CFTC) Market Sentiment Analysis The market sentiment indicators suggest that the majority of traders are bullish on NZD/JPY. This could be due to the interest rate differential between New Zealand and Japan, as well as the recent strength in commodity prices. However, it's essential to note that market sentiment can be a contrarian indicator. If the majority of traders are long on NZD/JPY, it may indicate that the market is due for a correction. Disclaimer---Sentiment & Fundamental analysis is subjective and based on publicly available data. It should not be considered as investment advice. Trading forex involves risk, and you could lose some or all of your investment. Always do your own research and consider multiple sources before making a trade. Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
NZD/JPY "Kiwi-Yen" Bank Money Heist Plan on Bearish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰 This is our master plan to Heist NZD/JPY "Kiwi-Yen" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Near the Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰. Entry 👇 📉: Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point. Stop Loss 🛑: Recent Swing High using 2H timeframe Attention for Scalpers : Focus to scalp only on Short side, If you've got a money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Short
by Thief_Trader
NZD/JPY Daily setupThe NZD/JPY pair has fallen by 920 pips over the past 15 days. Such a significant and sustained decline is unlikely to continue indefinitely without a corrective pullback. Currently, the price has halted its downward momentum and is beginning to reverse near my key area of interest. Key Confluences: The pair is rebounding off a descending trend line that has been in place since November 2023. It is also bouncing off an ascending trend line that has been in place since August 2023. The price is reacting to the 0.786 Fibonacci retracement level. It is rejecting the significant psychological level of 90.000. Market Structure The JPY basket has reached a resistance level and is starting to decline. These factors suggest a potential reversal or correction in the NZD/JPY pair. NZD/JPY 4hr TF Has currently closed on the 4 hour TF nicely I expect NZD/JPY to start having an healthy pull back. JPY Basket weekly TF Is currently reacting off my area of interest I expect price to start moving lower. JPY Basket Daily TF JPY Basket 4hr TF
Long
by ChartStrategist
2
NZDJPY I Strong bearish divergence indicating potential shortWelcome 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!
Short
by BKTradingAcademy
3
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS 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 87.00 LEVEL can be BUY temporarily. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. Anyway, after that, you can definitely SELL at the 80.00 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK.
by benny_marshall
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, it is possible to BUY if the MARKET RISK ON continues. And 81.79 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 88.10 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY
by benny_marshall
1
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. Either way, NZDJPY should be slightly BUY with JPY WEAKNESS. Anyway, the PRICE can SELL again on the NZDJPY MAIN SUPPORT, if the MARKET RISK ON continues, to the 88.50 LEVEL. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. After that, you can definitely buy at the 88.50 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 broken, it can be SELL at 79.56 LEVEL.
by benny_marshall
1
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY NZDJPY should be slightly SELL because the MARKET RISK is off now. 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. Either way, NZDJPY should be LONG TERM DOWN. Anyway, the PRICE can go down again on the NZDJPY MAIN SUPPORT, if the MARKET RISK OFF continues, to the 83.58 LEVEL. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. After that, you can definitely BUY at 88.59 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK. Besides, the USD should be WEAK. nzdjpy
by benny_marshall
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY NZDJPY was slightly UP due to MARKET RISK ON the previous day. But now we see that MARKET RISK is ON. We expect further NZDJPY UP. Anyway, NZDJPY BREAKED THE DOWNSIDE TRENDLINE and moved up. That PRICE can fall back on that TREND LINE. Maybe the PRICE will go down to the 86.20 LEVEL again and that PRICE LEVEL can become SUPPORT. After that, if MARKET RISK continues to be ON, you can definitely BUY at 87.61 LEVEL. For that, MARKET RISK should be ON. To BUY NZDJPY, VIX must be DOWN and SNP500 must be UP. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS.
by benny_marshall
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY NZDJPY was slightly DOWN due to MARKET RISK OFF the previous day. But now we see that MARKET RISK is ON. We expect NZDJPY to go UP again. Anyway, the NZDJPY DOWNSIDE TRENDLINE is BREAKING UP again. That PRICE can fall back on that TREND LINE. After that, if MARKET RISK continues to be ON, you can definitely BUY at 86.88 LEVEL. For that, MARKET RISK should be ON. To BUY NZDJPY, VIX must be DOWN and SNP500 must be UP. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS.
by benny_marshall
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS Currently the NZDJPY is going down a bit due to the MARKET RISK OFF. We expect NZDJPY to be UP again. Somehow that PRICE can fall back on the NZDJPY MAIN TRENDLINE. Then if you BREAK the DOWNSIDE TREND LINE you can definitely buy BUY for 86.88 LEVEL. It must be MARKET RISK ON. But we can sell NZDJPY up to 81.51 according to STRUCTURE. The reason for this is the idea that the existing MARKET SENTIMENT in the OVERALL MARKET will be RISK OFF in the coming days. We must pay attention to the MARKET SENTIMENT.
by benny_marshall
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS- NZD FEATURE The NZD FEATURE currently stands at 0.6348 LEVEL. JPY FEATURE is a bit UP now compared to the previous days. The JPY FEATURE has become a bit STRONG with RISK OFF in the previous days. It could be further JPY UP. Stay tuned for the VIX INDEX. Currently VIX is getting a bit UP at the moment. NZDJPY prices are moving below DYNAMIC LEVELS. Also created an ALT.BAT PATTERN in NZDJPY. - NZDJPY Price may be slightly lower before UP up to 86.88 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be DOWN. It may be up to 81.51 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS
by benny_marshall
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS- NZD FEATURE The NZD FEATURE currently stands at 0.6431 LEVEL. JPY FEATURE is getting a bit UPA now compared to yesterday. The JPY FEATURE has become a bit STRONG with RISK OFF in the previous days. It could be further JPY UP. Stay tuned for the VIX INDEX. Currently VIX is getting a bit UP at the moment. NZDJPY prices are moving higher than DYNAMIC LEVELS. Also an ALT.BAT PATTERN is being created in NZDJPY. - Currently the OVERALL MARKET is showing RISK OFF. STOCKS is currently RED showing a RISK OFF SENTIMENT. And the VOLATILITY is getting a bit UP. Also COMMODITIES show a DOWN SIDE BIAS today. Currently the MARKET has a RISK OFF SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be slightly lower compared to JPY CHF and USD currencies. - NZDJPY price may be slightly UP before DOWN to 89.79 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be DOWN. It may be down to 78.51 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
by benny_marshall
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS- NZD FEATURE The NZD FEATURE currently stands at 0.6452 LEVEL. JPY FEATURE is down a bit now compared to yesterday. JPY FEATURE was a bit DOWN with RISK ON in the previous days. There will be more JPY DOWN. Stay tuned for the VIX INDEX. Currently VIX is getting a bit DOWN. NZDJPY prices are moving higher than DYNAMIC LEVELS. Also an ALT.BAT PATTERN is being created in NZDJPY. - Currently the OVERALL MARKET is showing RISK OFF. STOCKS is currently RED showing a RISK OFF SENTIMENT. And the VOLATILITY is getting a bit UP. Also COMMODITIES show a MIXED BIAS today. Currently the MARKET has a RISK OFF SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be slightly lower compared to JPY CHF and USD currencies. - NZDJPY price may be slightly higher before DOWN to 86.88 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be DOWN. It may be down to 82.49 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
by benny_marshall
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS- NZD FEATURE The NZD FEATURE currently stands at 0.6497 LEVEL. JPY FEATURE is down a bit now compared to yesterday. JPY FEATURE was a bit DOWN with RISK ON in the previous days. Stay tuned for the VIX INDEX. Currently VIX is getting a bit DOWN. NZDJPY prices are moving higher than DYNAMIC LEVELS. - Currently the OVERALL MARKET is showing RISK OFF. STOCKS is currently RED showing a RISK OFF SENTIMENT. And the VOLATILITY is getting a bit UP. Also COMMODITIES show a MIXED BIAS today. Currently the MARKET has a RISK OFF SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be slightly lower compared to JPY CHF and USD currencies. - NZDJPY price may be slightly UP before DOWN to 86.46 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be DOWN. It may be down to 78.51 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
by benny_marshall
1
NZDJPY - Will BE MARKET RISK ON? - NZD FEATURE The NZD FEATURE currently stands at 0.6547 LEVEL. JPY FEATURE is getting a bit DOWN right now. JPY FEATURE was a bit DOWN with RISK ON in the previous days. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. The NZDJPY price is ready to move higher than the DYNAMIC LEVELS. - Currently the OVERALL MARKET is showing RISK ON. STOCKS is currently GREEN showing a RISK ON SENTIMENT. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES show a UP SIDE BIAS today. Currently the market has a RISK ON SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be UP compared to JPY CHF currencies. - NZDJPY price may be slightly UP before DOWN to 86.46 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be DOWN. It may be down to 78.51 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
by benny_marshall
NZDJPY - Is the WAR SENTIMENT OVER? - NZD FEATURE The NZD FEATURE currently stands at 0.6351 LEVEL. The JPY FEATURE was heavily DOWN before. But is now up. The JPY FEATURE is a bit UP with the RISK OFF of the previous days. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. NZDJPY Price is ready to go down below DYNAMIC LEVELS. - Currently the OVERALL MARKET is showing a NEUTRAL BIAS. STOCKS is currently showing a MIXED RISK SENTIMENT. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES shows a DOWN SIDE BIAS. Currently the market has a NEUTRAL BIAS. Therefore, in the future, all NZD CAD AUD currencies may be UP or DOWN relative to JPY CHF currencies. - NZDJPY price may be slightly lower before UP up to 80.04 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be UP. It's probably up to 85.02 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
by benny_marshall
NZDJPY - Will BE MARKET RISK ON? ⛔️ NZD FEATURE is currently DOWN. The main reason for that is because MARKET RISK OFF. Again it should be UP. Because it has been reported that RNZD will perform a RATE HIKE again. Therefore, it is likely to be a SENTIMENT PRICE in the future. However, the DOWN TREND is still declining due to the current market situation. The NZD FEATURE stands at 0.6250 LEVEL. The JPY FEATURE was heavily DOWN before. JPY FEATURE is a bit UP with the RISK OFF of the previous days. Stay tuned for the VIX INDEX. Currently VIX is getting a bit DOWN. NZDJPY prices are moving below DYNAMIC LEVELS. ⛔️ The OVERALL MARKET is currently RISK ON on Friday. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES show a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN. ⛔️ NZDJPY Price may be slightly lower before UP up to 78.51 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be UP. It's probably up to 84.457 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
by benny_marshall
NZDJPY - Will BE MARKET RISK ON? ⛔️ NZD FEATURE is currently DOWN. The main reason for that is because MARKET RISK OFF. It will be UP again. But according to the current situation in the market, the DOWN TREND is still going down. The NZD FEATURE stands at 0.6319 LEVEL. The JPY FEATURE has been heavily DOWN before. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. The NZDJPY price is moving lower than the DYNAMIC LEVELS. ⛔️ Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN. ⛔️ NZDJPY Price may be slightly lower before UP up to 80.749 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be UP. It's probably up to 86.88 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
by benny_marshall
NZDJPY - Will BE MARKET RISK ON? FORMING BAT PATTERN NOW.. - No high impact news for the New Zealand dollar today. Also, there is no high impact news for JPY. But somehow, New Zealand's employment report data was released on Wednesday. But I did not see any such change or development. So the NZD was slightly RANGE. Most likely NZDJPY will FOLLOW the MARKET SENTIMENT this week. So pay attention to VIX, MARKET SENTIMENT. - NZD FEATURE is currently DOWN. The main reason for that is because MARKET RISK OFF. It will be UP again. But according to the current situation in the market, the DOWN TREND is still going down. The NZD FEATURE stands at 0.6506 LEVEL. The JPY FEATURE has been heavily DOWN before. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. The NZDJPY price is moving lower than the DYNAMIC LEVELS. - Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. But American STOCKS are going down a bit. And VOLATILITY is DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON BIAS on the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN. - NZDJPY price may be slightly lower before UP up to 83.47 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be UP. It's probably up to 86.88 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
by benny_marshall
NZDJPY - LABOUR DATA IN THIS WEEK - No high impact news for the New Zealand dollar today. Also, there is no high impact news for JPY. But New Zealand's employment data is due out on Wednesday. Most likely NZDJPY will FOLLOW the MARKET SENTIMENT this week. So pay attention to VIX, MARKET SENTIMENT. - NZD FEATURE is currently DOWN. The main reason for that is because MARKET RISK OFF. It will be UP again. But according to the current situation in the market, the DOWN TREND is still going down. The NZD FEATURE stands at 0.6438 LEVEL. The JPY FEATURE has been heavily DOWN before. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. The NZDJPY price is moving lower than the DYNAMIC LEVELS. - OVERALL MARKET is currently NEUTRAL. Last Friday also a NEUTRAL TONE was played in the NEWYORK SESSION on the MARKET. US STOCKS are currently showing a GREEN SIDE BIAS. And VOLATILITY is becoming UP. Also COMMODITIES still shows a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. It's a bit more than the DOWN SIDE BIAS. Because it is VIX UP and EQUITIES NEUTRAL. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data available so far we can say that MARKETS RISK is OFF. - NZDJPY Price may be slightly DOW at 82.10 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be UP. It's probably up to 86.45 LEVEL. For that to happen, the TREND LINE must be BREAKED. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.
by benny_marshall