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NZDJPY

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the price closes at around 75.8. after  prices dropped in the middle of last week. the weakening of this currency pair is only temporary, looking for a strong footing, before continuing the trend rally. most likely next week the price will continue its movement to look for a support area at 76.8

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#1 - February 16, 2019, 04:20:22 PM
« Last Edit: February 16, 2019, 05:19:33 PM by Admin »

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the price closes at around 75.8. after  prices dropped in the middle of last week. the weakening of this currency pair is only temporary, looking for a strong footing, before continuing the trend rally. most likely next week the price will continue its movement to look for a support area at 76.8
Symbol: NZDJPY
Period: 240 (H4)
Pips from today's opening price: 338 (Bullish)
MA (14): Bullish
MACD (12,26,9): Bullish
Channel slope: Uptrend
trendline shows an uptrend, supported by MA and MACD which are still bullish
then the analysis for the next hour is Bullish
#2 - February 23, 2019, 02:43:14 PM

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NZDJPY

Daily Analysis for the period Thursday 30 November 2017
by using Time Frame / TF on H1

analysis based on combination of SND (supply and Demand) MA (moving average) 8, MA (moving average) 21, MA (moving average) 125

on TF H1 the impulse looks down (125 MA bending down and 8 MA and 21 MA below the 125 MA)bearish conclusion

sell recommendations

SL placement can be placed in the 77,329 area
#3 - February 25, 2019, 01:46:27 PM
« Last Edit: October 28, 2019, 10:07:26 AM by Admin »

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i open short for nzdjpy for a few a minutes ago because when i draw trendline at timeframe H1 price has break it so i try to sell nzdjpy,,and this is my order 
#4 - March 18, 2019, 04:35:38 PM
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NZDJPY should start falling hard very soon. Price is currently 69.20. Target is at least 66.75.

There is a long-term trend line on the weekly TF that has been broke and retested. This is a great selling opportunity in my opinion.

Also, there is a candle on the weekly TF (not pictured) back from mid-June 2019 which was a support level near the 69.00 level. That has been broke and is now acting as resistance right where price is at now.
#5 - September 12, 2019, 12:41:49 PM
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NZDJPY. If I look at the fact that Weekly-h4 is indeed in the current price range, there are several suitable entry points. 

I think it's very good to look for sales / placement entries at 70.2xx-70.8xx, this is the basis that I think is best for finding sales / entry entries.
#6 - October 22, 2019, 11:27:04 AM
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Since my last post about NZDJPY, price fell down to about 66.90. Which was a little short of target, but still 200+ pips with little risk.

Price has since retraced higher again near the same level as before. I am expecting NZDJPY to fall hard once again.

On the weekly chart, there is a trend line which has failed as support. Price has retested this line and I expect this line to hold as resistance. Also, the area near 69.00 has been strong horizontal resistance too. This should hold as resistance now since last week's candle seems to have rejected this level and closed with a large upper tail.

Price is currently 69.07 and a likely target will be around 67.00. Which is 200+ pips again.
#7 - October 28, 2019, 10:14:11 AM
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In addition to my last post, I am bearish on NZDJPY because of a trend line on the H4 chart. It has served as support and been tested many times. The line is about to fail as support.

Current price is 69.18. The likely target based on the H4 TF is the 68.00 area. Which is 100+ pips from current price.

This is in agreement with my previous analysis from the weekly TF.
#8 - October 30, 2019, 10:07:40 AM
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I am currently bearish on NZDJPY for a few reasons. There is a bearish ABCD Harmonic pattern on the NZDJPY Daily chart. Price is also at major resistance on the Weekly TF. Price is also near the psychological level of 71 and has moved up too fast and a correction is due.

NZDJPY is currently 70.92 and I expect price to fall down to around 69.25 in the near future. This level coincides with the target for the pattern and is also near the bottom of the candle with the long lower tail on the Weekly TF, which will act as support.
#9 - December 02, 2019, 04:45:37 PM
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I did a NZDJPY analysis with a simple analysis, determined Fibonacci from the previous high price resistance line and found the support area at 70.50 (61.8 and 73.10 (100) resistance 

The current price is 71.03, which is sure the trend will still rise with a prediction of the target of 73.00 before being resilient.
#10 - December 05, 2019, 12:59:34 PM
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Nzd / Jpy convergent pattern 

As we can see the chart pattern on the daily we see the W shape which means we are prepared to sell and are supported by the convergence pattern between the RSI indicator and the chart as shown below. That way we only focus on selling for the medium term with trading signals for the pair Nzd / Jpy sell at 72,500 - 72,400 while for stop losses at 73,000 with take profit at 71,500
#11 - December 23, 2019, 05:06:12 PM
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This week I see the NZDJPY pair is still in a sideways tend to rise, the weekly timeframe looks the price has broken the upper trendline which means it will be uptrend, after I measure with Fibonacci retracement it turns out that prices play around in the area of 50% - 61.8% fibonacci retracement. We can use the moment buy for next week around that. We can open buy at the Daily timeframe at 70,500 with a target at 77,899 as the AB = CD pattern is formed.
#12 - February 21, 2020, 08:37:27 PM
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nzdjpy is approaching the trendline resistance area at 65,200 when there will be an open sell with a target below the horizontal
#13 - April 23, 2020, 03:05:30 PM
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Nzdjpy pair on daily MA5 is still bearish and formed so our focus is sell because the bearish is strong but I suggest to just buy it for Monday tomorrow we will look at tf H4 H1 M30 to confirm at prices 64.1xx and 64.3xx, 64.6xx
#14 - May 03, 2020, 05:50:18 PM
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Nzdjpy pair on daily MA5 is still bullish but we will focus on selling because it is an uptrend We focus on prices between 64.8x to 65.0x
#15 - May 05, 2020, 01:30:38 PM
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