Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

NZD/JPY Consolidation Phase: A Bullish Springboard in the Making?

 

For the past two weeks, NZDJPY has been trading in a tight range between 93.83 and 92.56. At 93.41 now, it touched its intraday low of 93.19. Intraday trend is positive provided the 91.80 support stays intact

Technicals

CMP -93.33

Trend

1- Hour chart

Value

 

 

55 EMA

93.28

CMP >value

Bullish

200- EMA

93.14

CMP >value

Bullish

365- EMA

93.06

CMP> value

Bullish

 

Momentum indicator

Inference

Value

CCI(50)

Bullish

48.94

ADX

Neutral

 

 

It is good to buy on dips around 93  with SL around 92.45 for a TP of 94.

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.