NZDJPY Neutral

Analysis Price: 87.23 (Updated: 17 August 2025, 12:47 UTC)

Comprehensive analysis for NZDJPY showing neutral market bias. Market structure, technical patterns, and key levels examined across multiple timeframes.

Select Currency Pair

Signal Overview

Neutral Medium Confidence High Risk

Market Consensus:

47% Long

53% Short

Valid Timeframes:

M15 H1 H4 D1

Signal Analysis:

The analysis indicates a neutral outlook for NZDJPY. Contradicting factors: High probability (90%) resistance zone detected at 87.95725; Technical patterns identified: Cup and Handle (D1), Double Bottom (H1). Risk assessment for this trade is high. This signal is most valid on the M15, H1, H4, D1 timeframes.

Sentiment Analysis

LONG SHORT

62% 38%

Historical Sentiment (7 Days)

Sentiment Interpretation

Bullish sentiment with 62% of traders holding long positions. The market has a positive bias, but watch for signs of exhaustion if this percentage increases further.

Support & Resistance Analysis

Resistance Levels

R1: 88.20 1.12% ↑

Analysis Price: 87.23

Support Levels

S1: 86.98 0.29% ↓

Market Regime:

Range

Analyst Bias:

Unknown

Direction Probability:

55%

Price Position Analysis

Price is currently near support at 86.98 (0.29% below analysis price) with resistance at 88.20 (1.12% above). This position near support could present a potential buying opportunity with a favorable risk-reward ratio.

Chart Pattern Analysis

83%

Shooting Star

Reliability:

83%

Detected: Aug 17, 13:18

55%

Symmetric Triangle

Reliability:

55%

Detected: Aug 16, 17:35

53%

Bearish Engulfing

Reliability:

53%

Detected: Aug 17, 09:31

Pattern Analysis Interpretation

Predominantly bearish patterns detected across timeframes, suggesting downward pressure. The most reliable pattern is a bearish Shooting Star on the H1 timeframe with 83% historical reliability. Multiple timeframes showing pattern confirmation increases the reliability of the signal.

High Probability Zones

Resistance Zone

95%

Zone Level:

88.50

analysis price:

87.23

Distance:

1.46%

Confluence Factors:

Evening Star 127.2% Extension Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

High Probability Zones Interpretation

Price is approaching a high probability (95%) resistance zone at 88.50, currently 1.46% away. Consider preparing a sell strategy as price approaches this level, watching for confirmation signals.

Volatility Analysis

Select Timeframe:

Daily Range (pips):

0.3

Volatility Regime:

Normal

Volatility Level:

44%

10-Day ATR Trend

Volatility Interpretation (H1)

NZDJPY is showing normal volatility (44 percentile) with an expected daily range of 0.3 pips. This represents average market conditions conducive to standard trading strategies. Standard position sizing and stop loss parameters are appropriate.

Correlation Analysis

Top Correlations with NZDJPY

EURJPY

0.90

AUDJPY

0.85

USDJPY

0.83

NZDUSD

0.83

CHFJPY

0.72

Correlation Interpretation

Understanding how NZDJPY correlates with other pairs can help with portfolio diversification and risk management. Strong positive correlations (above 0.7) indicate pairs that move similarly, while strong negative correlations (below -0.7) show pairs that typically move in opposite directions.

NZDJPY shows strong positive correlation with: EURJPY, AUDJPY, USDJPY, NZDUSD, CHFJPY. This means these pairs tend to move in the same direction. Trading in the same direction on multiple correlated pairs increases portfolio risk, while finding divergences between correlated pairs can highlight potential reversal opportunities.

Currency Strength Analysis

Select Timeframe:

NZD

-0.08

Neutral

JPY

-0.08

Neutral

Relative Strength:

0.00

Neutral Bias

Currency Strength Interpretation (M15)

NZD and JPY show similar strength levels on the M15 timeframe, with a relative strength of 0.00. This indicates a neutral bias for NZDJPY and suggests range-bound trading conditions may be more likely.

How to Use This Analysis

This comprehensive analysis provides multiple perspectives on NZDJPY to help inform your trading decisions:

Sentiment Analysis: Use to understand market positioning and potential contrarian opportunities
Support & Resistance: Identify key price levels for setting stop losses and take profits
Pattern Analysis: Recognize technical formations that may indicate continuation or reversal
Volatility Analysis: Adjust position sizing and risk management based on current market conditions
Currency Strength: Compare the relative performance of individual currencies within the pair
Correlation Analysis: Understand how this pair moves in relation to others for portfolio diversification

For optimal results, consider how these different factors align. The strongest trading opportunities typically occur when multiple analytical tools show confirmation across different timeframes.