NZD/JPY: Bearish Breakdown from Ascending ChannelNZD/JPY has decisively broken below its ascending channel, signaling a shift from bullish structure to bearish momentum. This move aligns with fundamental headwinds for NZD and the potential for JPY strength amid intervention risks and global risk-off sentiment.
Technical Analysis (4H Chart)
Patter
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NZD-JPY Will Go Down! Sell!
Hello,Traders!
NZD-JPY made a retest
Of the horizontal resistance
Level of 87.700 from where
We are already seeing a bearish
Reaction so we area locally
Bearish biased and we will
Be expecting a local
Bearish move down
Sell!
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Bearish reversal?NZD/JPY is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 87.91
Why we like it:
There is a pullback resistance that lines up with the 50% Fibonacci retracement.
Stop loss: 8
NZDJPY to find buyers at previous support?NZDJPY - 24h expiry
Previous support located at 87.60.
87.44 has been pivotal.
Dip buying offers good risk/reward.
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
Prices have reacted from 86.67.
We look to Buy at 87.57 (stop at
Is NZD/JPY the Next Bullish Vault Breach? Target: 89.000💰 NZD/JPY – Thief's Layered Strike Plan | Bullish FX Heist 🚀💹
🌍 What’s up, Market Bandits?!
Welcome to the Thief Trader Vault — where trades aren't guessed… they're executed with stealth 🕵️♂️💼. Today's blueprint? We're cracking into the NZD/JPY vault with a layered limit order raid – the perfect se
Bearish reversal off pullback resistance?NZD/JPY is rising towards the pivot, which acts as a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could reverse to the 1st support.
Pivot: 87.98
1st Support: 87.24
1st Resistance: 88.52
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your ca
Potential bearish drop?NZD/JPY is reacting off the pivot and could drop to the 1st support, which is slightly above the 61.8% Fibonacci retracement.
Pivot: 87.98
1st Support: 87.39
1st Resistance: 88.54
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with mon
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
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.
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.