Get started

Nzdjpylong

NZDJPY BUY TRADE IN DAY CHARTThe bearish trend line was broken in both the 4hr chart and in day chart. RBNZ is holding their rate cut decision as the economy performs well. And the trade deal between china and USA will strengthen the AUD and NZD This pair is currently trading at resistance level which is 72.600 we may expect a short term fallback towards 71.720 level which is a support zone as well as the 78.6% Fibonacci From this level we may expect a further upward rally towards 74.400 Potential stop lose may placed at 71.220 level... Always follow the money management.. Give your valuable comments regarding this chart..
Long
by forexorbit
1
PENDING NZDJPY LONGAfter last week, the market is not in an uptrend mood from -UK Election -U.S China reached deal phase one -Positive Chinese data today -Global equity market green and we contineud to see safe heaven currencies go bearish, JPY, CHF, EUR, USD while risk on currencies bullish, particular in NZD Because of that, I decided to enter a NZDJPY LONG trend to ride on the current sentiment. I make sure there is good risk/reward ratio. this trade will be in OCO with my other trade EURNZD SHORT based on the same concept!
Long
by enhokuo
We are fighting to fall, so we should change our viewMy last ideas about NZDJPY predicted that we need a fall here. When you look on the H4 chart in my last idea (which is linked) you will see, that we had several pushes down to a new "fake" line. This new "fake" line often gets installed my Market Makers to let us think that it is a strong support, so we don't know what the outcome will be - we have to wait. Anyway, i change my view from a sell to a buy now. Yes, the other idea is still valid as we could fall in the short term but in the long I see it bullish.
Long
by Alexander_Amon
4