NZD/JPY chart on Trading View used for analysis
- NZD/JPY hovers around 70.87, recovering from 2-1/2 year lows at 69.41 hit earlier today.
- Apple-Inc news triggered a ‘flash crash’ across JPY crosses sending them to multi-month lows.
- A rare revenue warning from Apple Inc. sent investors clamoring for the safe-haven Yen as worries over a global economic slowdown heightened.
- The pair trades with a bearish bias and we see scope for further weakness.
- Price action has broken major trendline support at 72.50 and momentum studies are bearish.
- Next bear target lies at 69.23 (June 2016 lows) ahead of 67.27 (Dec 2013 low).
- Caution advised as there is a chance that the Bank of Japan will intervene in the fx markets after the biggest Yen surge in nearly 10 years.
Support levels - 70, 69.23 (June 2016 lows), 67.27 (Dec 2013 low)
Resistance levels - 71, 72.50 (trendline), 73.02 (5-DMA)


FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
FxWirePro- Woodies pivot (Major)
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113 



