NZDJPY - Will BE MARKET RISK ON?

13 may 2022

⛔️ NZD FEATURE is currently DOWN. The main reason for that is because MARKET RISK OFF. Again it should be UP. Because it has been reported that RNZD will perform a RATE HIKE again. Therefore, it is likely to be a SENTIMENT PRICE in the future. However, the DOWN TREND is still declining due to the current market situation. The NZD FEATURE stands at 0.6250 LEVEL. The JPY FEATURE was heavily DOWN before. JPY FEATURE is a bit UP with the RISK OFF of the previous days. Stay tuned for the VIX INDEX. Currently VIX is getting a bit DOWN. NZDJPY prices are moving below DYNAMIC LEVELS.

⛔️ The OVERALL MARKET is currently RISK ON on Friday. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES show a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.

⛔️ NZDJPY Price may be slightly lower before UP up to 78.51 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be UP. It's probably up to 84.457 LEVEL. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.