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Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?

FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought

211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish

FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path

AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback

FxWirePro: USD/CNY downside pressure builds, key support level In focus

AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106

FxWirePro- Woodies Pivot(Major)

FxWirePro- Major US Indices

FxWirePro- Major Pair levels and bias summary

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NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92

FxWirePro: GBP/USD advances on steady UK GDP growth

FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900

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FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook

FxWirePro: USD/JPY retreats as Japan signals possible FX intervention

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FxWirePro: NZD/USD Trade Idea

Friday, July 13, 2018 5:48 AM UTC

FxWirePro Currency Strength Index for NZD/USD: Bias Bearish
FxWirePro's Hourly NZD Spot Index was at -44.8553 (Neutral)
FxWirePro's Hourly USD Spot Index was at 136.391 (Bullish)

Technical Analysis: Bias Bearish
- Multiple rejection at 1H 200-SMA
- Hourly cloud caps upside
- Momentum studies are bearish, Stochs and RSI sharply lower
- -ve DMI crossover on hourly chart
- On the daily charts, 5-DMA has turned, upside capped at 21-EMA

Support levels - 0.67, 0.6687 (July 3 low), 0.6650 (trendline), 0.66
Resistance levels - 0.6790 (1H 200-SMA), 0.6796 (5-DMA), 0.6830 (21-EMA)

Recommendation: Good to go short on upticks around 0.6770/80, SL: 0.6830, TP: 0.67/ 0.6650

For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.

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FxWirePro: NZD/USD Trade Idea

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