NZD/JPY Climbs Higher as Weak Yen Fuels Bullish Momentum – Buy Dips for a Target of 88
NZDJPY trades higher for fourth consecutive days on weak yen. Intra trend remains bullish as long as the support at 86.50 holds. It hit an intraday high of 87.23 and is currently trading around 87.21. The overall bearish trend is intact as long as the resistance at 89.20 holds.
Technicals-
The pair is trading above 55 EMA, 200-EMA, and below 365 EMA in the 4-hour chart.
The near-term resistance is around 87.25, breach above targets 87.70/88/89.05. The immediate support is at 86.50; any violation below will drag the pair to 86/85.50/85.10/84.06.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Bullish. All indicators confirm a bullish trend.
It is good to buy on dips around 86.80 with SL around 86.40 for TP of 88.


FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD gains some upside momentum but still bearish
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts
FxWirePro- Woodies pivot (Major)
Gold Loses Steam After Strong U.S. Retail Sales 



