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 back up to the 86.50 level on the NZDJPY MAIN RESISTANCE. After that, you can definitely SELL at 81.51 LEVEL. For that, MARKET RISK should be OFF. STOCK DOWN, VIX UP, JPY STRONG.
Nzdjpyidea
DeGRAM | NZDJPY bullish opportunityNZDJPY moved out of the range zone.
Price action is making a classic BPC pattern. (Brekout-pullback-continuation)
We expect a bullish move and a retest of the resistance zone.
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NZD/JPY POSSIBLE TO SELL........NOW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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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.
Jamie Gun2Head Idea - Buying NZDJPYTrade Idea: Buying NZDJPY
Reasoning: Decent looking support level, looking for it to hold up again today
Entry Level: 83.83
Take Profit Level: 86.53
Stop Loss: 82.98
Risk/Reward: 3.18:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
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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.
Watch out for a breakout on NZDJPY!NZDJPY has been moving within a triangle pattern. Soon I anticipate a breakout of this pattern. Where the breakout will be will determine the direction of this market. I will continue to monitor NZDJPY this coming week for a possible trading setup.
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