NZDJPY is consolidating in a narrow range between 89.08 and 88.11 in past five days. The downtrend seems to be leaning toward favorability if the 90 resistance holds.
|
Technicals |
CMP-88.51 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
88.60 |
CMP<value |
Bearish |
|
200- EMA |
88.79 |
CMP <value |
Bearish |
|
365- EMA |
89.19 |
CMP<value |
Bearish |
|
90.31 |
CMP<Value |
Bearish |
Near-term resistance - 89/89.60/90/90.80/91.25/91.80/92/92.30/93.20. Near-term support- 88/87/86.34.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-78.42 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 88.68- 70, with an SL around 89.20 for a TP of 86.40.


FxWirePro: USD/JPY remains buoyant, looks to extend gains
FxWirePro: USD/CAD steadies around 1.3260, retains bid tone
FxWirePro: EUR/AUD gains some ground but outlook is bearish
FxWirePro: GBP/USD rebounds as markets assess Mann’s inflation warning
French Fiscal Crisis Triggers Euro Selloff: EUR/USD Slips Toward 1.1100 as OAT-Bund Yield Spread Widens
FxWirePro: GBP/AUD consolidating around 1.9000 , room for further gains
AUD/JPY Pares Gains Below 55 EMA: Is a Bearish Retreat Toward 108.00 Underway?
FxWirePro: AUD/USD pauses three-day rally, market await Fed minutes
FxWirePro: USD/ZAR advances as strong dollar and higher oil prices pressure rand
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
USDJPY Bullish: JPY Major Currency Score
FxWirePro: GBP/AUD edges lower ,scope for further downside
EUR/USD Rebounds Above 1.1250 Ahead of Fed Minutes: Technicals Eye Buy-on-Dips Target at 1.1365
FxWirePro: GBP/USD slips as dollar strengthens ahead of Fed minutes
EUR/USD Rebounds Above 1.1250 Ahead of Fed Minutes: Technicals Eye Buy-on-Dips Target at 1.1365
FxWirePro- Woodies Pivot
JPY Major Currency Score: Mixed Trend — USDJPY Bullish; NZDJPY, AUDJPY, GBPJPY and EURJPY Bearish 



