FxWirePro: USD/CNY edges higher but bearish setup remains 
FxWirePro: AUD/USD edges higher as September RBA hike expectations builds 
EUR/JPY Bears Take the Wheel: Slump Toward 183 Threatens as Key EMAs Cap Gains 
AUDJPY Plummets Amidst Broad Australian Dollar Weakness 
FxWirePro- Woodies Pivot (Major) 
AUDJPY Pulls Back as Momentum Slows: Sellers Target 114.28 Rally 
FxWirePro: USD/CAD gains some upside momentum but still bearish 
FxWirePro: EUR/ AUD gains slightly but remains on bearish path 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: USD/JPY strongly bullish despite downside attempts 
FxWirePro: GBP/AUD stuck in range but maintains bearish bias 
Major Pair Currency Score: USDCHF Shows Extreme Bullishness, NZDUSD Extreme Bearishness 
FxWirePro: USD/ZAR slips lower as dollar weakens after ADP Jobs data 
FxWirePro: NZD/USD slips after RBNZ rate decision 
FxWirePro- Major Pair levels and bias summary 
Add as a preferred source on Google
NZDJPY declined sharply as the New Zealand dollar lost momentum after the RBNZ rate hike. If the 93.60 resistance holds, the downtrend appears to be trending toward favorability.
|
Technicals |
CMP -92.07 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
94.15 |
CMP<value |
Bearish |
|
200- EMA |
94.02 |
CMP <value |
Bearish |
|
365- EMA |
93.72 |
CMP<value |
Bullish |
|
93.06 |
CMP>Value |
Bullish |
Near-term resistance - 92.50/93.20/93.80/94.40//95.50/96.25/97. Near-term support- 92.60/92/ 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-280.63 |
|
ADX |
Bearish |
Strength increased from 15.41 to 34 |
It is good to sell on rallies around 92.48-50 with an SL around 93.20, for a TP of 90.
