NZDJPY: Bullish Outlook - Breakout From Contracting TriangleNZDJPY: Bullish Outlook - Breakout From Contracting Triangle
NZD/JPY has broken out of a strong contracting triangle pattern, signaling potential upward movement.
However, the price may take a short pause, possibly declining slightly for a brief correction before continuing its rise.
This move w
NZDJPY to find sellers at current resistance?NZDJPY - 24h expiry
The primary trend remains bearish.
The rally has posted a correction count on the daily chart.
Price action looks to be forming a top.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 85.95.
We look to Sell at 85.95 (stop at 86.20)
Our profit targ
Bearish drop?NZD/JPY is reacting off the pivot and could drop to the 1st support.
Pivot: 86.11
1st Support: 84.18
1st Resistance: 86.84
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
Bearish drop?NZD/JPY is reacting off the resistance level which is a pullback resistance and could potentially drop from this level to our take profit.
Entry: 86.13
Why we like it:
There is a pullback resistance level.
Stop loss: 87.27
Why we like it:
There is a pullback resistance level that lines up with the
NZDJPY Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The price is coiling around a solid key level - 85.539
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goa
NZDJPY BULLISH OR BEARISH DETAILED ANALYSIS ??NZDJPY has successfully completed a bullish breakout from the descending channel structure that has been forming since mid-2024. The price action respected the trend boundaries flawlessly, and the breakout above the upper trendline confirms a reversal from the previous downtrend. Now trading around
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of NZDJPY is 86.852 JPY — it has increased by 1.19% in the past 24 hours. See more of NZDJPY rate dynamics on the detailed chart.
The value of the NZDJPY pair is quoted as 1 NZD per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 NZD.
The term volatility describes the risk related to the changes in an asset's value. NZDJPY has the volatility rating of 1.60%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The NZDJPY showed a 0.93% rise over the past week, the month change is a 4.79% rise, and over the last year it has decreased by −7.37%. Track live rate changes on the NZDJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
NZDJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade NZDJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with NZDJPY technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the NZDJPY shows the buy signal, and 1 month rating is neutral. See more of NZDJPY technicals for a more comprehensive analysis.