Get started

JAPANESE YEN / NEW ZEALAND DOLLAR

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

JPYNZD trade ideas

NZDJPY might return to the rangeThe fundamental situation for NZDJPY is essentially different from most other pairs with the Kiwi dollar since the Bank of Japan is in a cycle of slow tightening rather than the RBNZ’s relatively aggressive loosening. The probability of a hike by the BoJ on 19 December is now about 60%. Possible new American tariffs on imports would affect both countries, but New Zealand would likely face a much stronger though indirect effect due to its important trade with China. Although the sideways trend since early October isn’t very well established, the recent downward movement still looks like a fakeout. 27 November’s doji wasn’t followed by a clear down candle and the price is clearly oversold based on Bollinger Bands and the slow stochastic. ¥91 remains the primary reference. A move back above ¥92 seems highly unfavourable in the near future but volume and volatility probably need to increase before there’s another test of the strong support around ¥86.50. This is my personal opinion which does not represent the opinion of Exness. This is not a recommendation to trade.
by Michael_Stark_Exness
NZD JPY may enter into a bullish phaseNZD JPY may enter into a bullish phase Seasonal trends indicate a bullish outlook for NZD/JPY; however, the COT report for non-commercial positions does not align with this view, showing a potential shift in sentiment. Despite this, NZD exhibits stronger endogenous positive factors compared to JPY, reinforcing a bullish bias for the NZD. Key drivers include improvements in business confidence, manufacturing, and services data, which collectively strengthen NZD's position.
Long
by ammadbashir14
Bearish drop?NZD/JPY is rising towards the pivot which acts as a pullback resistance and could drop to the 1st support which has been identified as an overlap support. Pivot: 90.05 1st Support: 88.75 1st Resistance: 91.15 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
NZDJPY Trading Opportunity! BUY! My dear friends, NZDJPY looks like it will make a good move, and here are the details: The market is trading on 90.005 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 90.643 Recommended Stop Loss - 89.634 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
NZDJPY- Bullish IdeaThe exogenous and endogenous factors are decreasing but leading economic indicators are increasing for the pair NZDJPY. Seasonality also supports the idea that NZDJPY will be bullish in the last week of November and the first week of December. The Monthly currency heat map also suggests that November is bullish for NZD and Bearish for JPY. Technicals show that NZDJPY is consolidating after making a bullish divergence at 1H. Look for the entry if it breaks above the range.
Long
by MasoodAnsari
NZD/JPY: Downside Likely Before ReboundHello, OANDA:NZDJPY pair is expected to test support levels further at this stage. However, there remains confidence that these supports will provide enough momentum to push the price upward eventually. Currently, with the price closing below the monthly, weekly, and daily pivot points, a downside move appears more likely in the near term before any potential upward movement. A key signal for further downside would be if the price crosses and consolidates below 89.588. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
2
NZD/JPY may rise 58 - 79 pips89.90 is our pivot point. Our preference Rebound towards 90.99. Alternative scenario Below 89.90, expect 89.55 and 89.33. Comment The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 90.22 and 90.34). Supports and resistances 91.42 ** 91.21 * 90.99 ** 90.78 90.20 last 90.04 89.90 ** 89.55 * 89.33 ** Number of asterisks represents the strength of support and resistance levels.
Long
by Daniel_Thompson
TradeCityPro | NZDJPY Weekly Close and Key Outlook👋 Welcome to the TradeCityPro channe l! Let’s quickly analyze the current NZD/JPY setup as the market closes and prepare for an important upcoming week. 📉 F undamental Outlook NZD/JPY has been under pressure, with the RBNZ maintaining a dovish stance amidst an economic slowdown, while the JPY gains strength due to potential BoJ tightening and safe-haven demand. 📊 Weekly Chart Insight The pair rejected 99.090 and moved down toward the 87.093 support zone before bouncing back to 91.864, marking a pullback. Recent weekly candles with upper shadows indicate strong seller dominance and lack of buyer momentum. Continuation of this pattern could increase the likelihood of breaking 91.864 resistance. 📅 Daily Chart Perspective Price is consolidating between 90.095 and 91.892, reflecting indecision among traders. We remain breakout-focused: Above 91.892 signals a bullish continuation , Below 90.095, support levels at 88.862 and 86.680 come into play. Stay tuned for updates, and let us know your thoughts on the week's outlook! 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
1
Fundamental Analysis 11/22/2024Hello, Welcome back to our daily market digest. My name is Miles Johnson, and I would like to thank you for joining us on the final trading day of the week. Today, we analyzed our fundamental data released thus far and compared it to the current market conditions. It appears that the GBP and euro are currently experiencing significant challenges. In contrast, the CAD released information after our video concluded, resulting in a strong but mixed trajectory. The GBP pairs are particularly affected, as GBP’s performance has been subpar. However, this information presents an opportunity for us, as we were able to identify during our pre-analysis review today. Almost all GBP pairs, except for the Swiss franc, are correlated. Now, it is your responsibility to identify the most promising trading opportunities while simultaneously utilizing correlation to filter out both profitable and losing trades.
by milesjohnson778