NZDJPY pared most of its gains in the past two weeks on board-based New Zealand dollar selling. It dropped to a low of 90.67 and is currently trading around 90.986. If the 92 resistance holds, the trend is presently downward.
|
Technicals |
CMP -90.987 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
91.07 |
CMP<value |
Bearish |
|
200- EMA |
91.55 |
CMP <value |
Bearish |
|
365- EMA |
91.96 |
CMP< value |
Bearish |
Near-term resistance - 91.50/92.01/92.75/93. Near-term support- 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-63.33 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 91.50 with SL around 92.20 for a TP of 90.


FxWirePro- Major Crypto levels and bias summary
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro: GBP/AUD loses momentum but outlook is bullish
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets
FxWirePro: USD/ZAR downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains
FxWirePro- Major Crypto levels and bias summary
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 



