NZDJPY took support near 38.2% and showed a minor jump. It is now trading near 95.10 after reaching an intraday low of 94.41. The upward trend seems to be going well if the 93.50 support holds.
|
Technicals |
CMP -94.72 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
94.05 |
CMP>value |
Bullish |
|
200- EMA |
93.45 |
CMP >value |
Bullish |
|
365- EMA |
93.10 |
CMP>value |
Bullish |
Near-term resistance - 95.50/96.15/96.85/97.25/98. Near-term support- 94.40/93.80/93/92.40/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
79.24 |
|
ADX |
Neutral |
|
It is good to buy on dips around 94.40 with SL around 93.50 for a TP of 96.15/97.


FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD holds narrow range, scope for downward resumption
FxWirePro: AUD/USD slips to hit three-month low,scope for further downside
Bitcoin Pulls Back Amidst Geopolitical Tensions and ETF Outflows, Technicals Signal Caution
FxWirePro: GBP/USD recovers some ground but bearish outlook persist
AUDJPY Trapped in Narrow Range: Bearish Technicals Suggest Downside Risk
FxWirePro: USD/CAD loses momentum but bullish setup remains
FxWirePro: EUR/ NZD gaining momentum for a move towards 2.0350 level
FxWirePro: AUD/USD holds narrow range, focus on near-term support
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: NZD/USD snaps eight-day losing streak
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: EUR/AUD up trend gains momentum but hurdles ahead 



