On a weak yen, NZDJPY is trading higher for the fifth straight day. The intraday trend is bullish as long as support 86.95 holds. Having reached an intraday high of 87.92, it presently trades at around 87.89. If the pair trades below 89.20, the overall trend is still weak.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 87.894
EMA (4-hour chart)
55-EMA- 87
200-EMA- 86.95
365-EMA- 87. The pair trades above the short and below long-term moving average.
Major support- 87.40. Any breach below will drag the pair down to 86.95/86.40/86/85.37.
Major resistance - 87.50. Any break above 86.86 confirms minor bullishness, a jump to 88.10/88.50/89.25.
Indicator (4 hour chart)
CCI (50)- bullish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to buy on dips around 87.40 with SL around 86.95 for TP of 88.25/89.


CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro- Major Pair levels and bias summary
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ CNY gains some upside momentum but still bearish
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85 



