NZDJPY pared some of its gains on board-based New Zealand dollar selling. It reached an intraday low of 93.59 and is currently trading near 93.61. If the 94.40 resistance holds, the downward trend seems to be going well.
|
Technicals |
CMP -93.59 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.66 |
CMP< value |
Bullish |
|
200- EMA |
93.38 |
CMP >value |
Bullish |
|
365- EMA |
93.30 |
CMP>value |
Bullish |
Near-term resistance - 94/94.50/95/96. Near-term support- 92.70/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-45.45 |
|
ADX |
Bearish |
Strength increased from 13.94 to 16.38 |
It is good to sell on rallies around 93.58-60 with SL around 94.40 for a TP of 90.


FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: NZD/USD snaps eight-day losing streak
AUDJPY Trapped in Narrow Range: Bearish Technicals Suggest Downside Risk
FxWirePro: USD/JPY advances as intervention fears fail to lift Yen
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD slips to hit three-month low,scope for further downside
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD gaining momentum for a move towards 1.9300 level
NZDJPY: Bearish Outlook Persists as 92 Resistance Holds Firm
FxWirePro: USD/ZAR retreats slightly but trend is still bullish
FxWirePro: USD/ZAR changes short term trend from neutral to bearish
FxWirePro- Woodies pivot (Major)
EURJPY Consolidates Above Key EMAs: Mixed Indicators Suggest Cautious Optimism for Traders
FxWirePro: NZD/USD holds narrow range, scope for downward resumption 



