FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely 
FxWirePro: EUR/AUD bears maintain upper hand 
NZDJPY Smashes 4-Month High on Kiwi Buying Frenzy – Bullish Setup Remains Strong 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
NZDJPY pared some of its gains on board-based New Zealand dollar weakness. It hits an intraday low of 92.89, and it is now around 92.90. If the 94.20 resistance holds, the downtrend looks to be trending toward favorability.
|
Technicals |
CMP -92.93 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
93.58 |
CMP<value |
Bearish |
|
200- EMA |
93.50 |
CMP <value |
Bearish |
|
365- EMA |
93.21 |
CMP<value |
Bearish |
Near-term resistance - 93.60/94/94.40/95/95.50/96.15/96.85/97.25. Near-term support- 92.40/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-84.48 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 93 with SL around 93.65 for a TP of 90.50/90.
