Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

NZD/JPY Technical Outlook: Bearish Momentum Gains as Resistance Holds

 NZDJPY trades in a narrow range with a neutral bias.  Hit an intraday low of 92.38; now trading about 92.41. If the 94.20 resistance holds, the trend is currently downward.

Technicals

CMP -92.415

Trend

1- Hour chart

Value

 

 

55 EMA

92.56

CMP<value

Bearish

200- EMA

92.76

CMP <value

Bearish

365- EMA

92.87

CMP< value

Bearish

 

Momentum indicator

Inference

Value

CCI(50)

Neutral

 

ADX

Neutral

 

 It is good to sell on rallies around 92.95-93 with SL around 94.18 for a TP of 90.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

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