NZDJPY is consolidating after a minor pullback. The intraday trend is bullish as long as support at 87.20 holds. The pair hits an intraday high of 88.10; it now trades at about 87.93.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 87.93
EMA (4-hour chart)
55-EMA- 87.77
200-EMA- 87.44
365-EMA- 87.31. The pair trades above the short (55 EMA) and long-term moving average.
Major support- 87.70. Any breach below will drag the pair down to 87.40/87.20/86.65/85.37/84.45/84.
Major resistance - 88.20. Any break above 88.20 confirms minor bullishness, a jump to 88.85/89/90.
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 87.48-50 with SL around 87 for TP of 88.85/89.


Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: GBP/USD hits 5-week,scope for further upside
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro: USD/CAD extends drop, faces 50%fib support
FxWirePro: USD/ CNY gains some upside momentum but still bearish
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro- Major US Indices 



