ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target 
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish 
FxWirePro:EUR/NZD bears maintain upper hand 
AUDJPY Surges to One-Month High on Australian Dollar Strength 
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside 
FxWirePro- Woodies Pivot (Major) 
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption 
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech 
FxWirePro: GBP/AUD extends decline, vulnerable to more downside 
FxWirePro- Woodies Pivot (Major) 
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech 
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments 
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance 
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals 
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NZDJPY lost its shine on board-based New Zealand dollar weakness. It reached an intraday low of 91.77, and it is presently near 91.86. The downtrend seems to be leaning toward favorability if the 93 resistance holds.
|
Technicals |
CMP -91.88 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
92.96 |
CMP<value |
Bearish |
|
200- EMA |
93.29 |
CMP <value |
Bearish |
|
365- EMA |
93.15 |
CMP<value |
Bearish |
Near-term resistance - 92.70/93.25/93.62/94/94.40/95/95.50/96.15/96.85/97.25. Near-term support- 92.40/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-174.40 |
|
ADX |
Bearish |
Strength increased from 37.76 to 39.44 |
It is good to sell on rallies around 93.28-30 with SL around 94 for a TP of 91.80.
