NZDJPY pared some of its gains on board-based New Zealand dollar selling. It reached an intraday low of 93.5 and is currently trading near 93.61. If the 94.40 resistance holds, the downward trend seems to be going well.
|
Technicals |
CMP -93.59 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.66 |
CMP< value |
Bullish |
|
200- EMA |
93.38 |
CMP >value |
Bullish |
|
365- EMA |
93.30 |
CMP>value |
Bullish |
Near-term resistance - 94/94.50/95/96. Near-term support- 92.70/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-45.45 |
|
ADX |
Bearish |
Strength increased from 13.94 to 16.38 |
It is good to sell on rallies around 93.58-60 with SL around 94.40 for a TP of 90.


EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
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/NZD uptrend loses steam, remains on bearish path
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot (Major)
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
FxWirePro: GBP/AUD extends decline, vulnerable to more downside 



