GBPJPY Surges Past Trendline Resistance, Signaling Bullish Momentum 
FxWirePro: USD/CAD steadies around 1.4200 level , retains bid tone 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD holds narrow range, focus on near-term support 
FxWirePro: USD/CAD loses momentum but bullish setup remains 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR retreats slightly but trend is still bullish 
FxWirePro: USD/JPY steadies below 162.00 as Geopolitical risks keep dollar supported 
FxWirePro: GBP/AUD gaining momentum for a move towards 1.9300 level 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: AUD/USD slips to hit three-month low,scope for further downside 
FxWirePro: GBP/USD recovers some ground but bearish outlook persist 
FxWirePro: EUR/ NZD gaining momentum for a move towards 2.0350 level 
FxWirePro: USD/ZAR changes short term trend from neutral to bearish 
FxWirePro- Major Pair levels and bias summary 
NZDJPY trades low as the New Zealand dollar loses steam. It dropped to an intraday low of 93.47 and is currently trading around 93.67. The upward trend seems to be going well provided the 92.80 support level stays steady.
|
Technicals |
CMP -93.66 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.86 |
CMP< value |
Bearish |
|
200- EMA |
93.74 |
CMP <value |
Bearish |
|
365- EMA |
93.46 |
CMP>value |
Bullish |
Near-term resistance - 94.50/95/96. Near-term support- 93/92.70/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-132 |
|
ADX |
Neutral |
|
It is good to buy on dips around 93.48.-50 with SL around 92.85 for a TP of 95/96.
