NZDJPY is consolidating in a narrow range after a massive sell-off. The downtrend seems to be leaning toward favorability if the 90.50 resistance holds.
|
Technicals |
CMP -89.12 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
89.29 |
CMP<value |
Bearish |
|
200- EMA |
90.19 |
CMP <value |
Bearish |
|
365- EMA |
91.17 |
CMP<value |
Bearish |
|
92.31 |
CMP<Value |
Bearish |
Near-term resistance - 90/90.50/90.97/91.80/92/92.30/93.20. Near-term support- 89/88
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
|
|
ADX |
Neutral |
|
It is good to sell on rallies around 90.18-20 with an SL around 91, for a TP of 88.
CU


FxWirePro: EUR/AUD dips below 1.6200 level ,vulnerable to more downside
FxWirePro: NZD/USD edges lower ahead Of FOMC decision
FxWirePro- Major Pair levels and bias summary
AUDJPY Pullback Presents Selling Opportunity Above 110.50
FxWirePro: NZD/USD falls as stronger dollar weighs on kiwi
FxWirePro: USD/ZAR runs out of steam but mains bullish outlook
FxWirePro: USD/JPY advances ahead of Fed and BOJ rate decisions
NZDJPY: Bearish Trend Favors Selling on Rallies Above 90.18
AUDJPY: Bearish Outlook Despite Short-Term Bullish Signals, Sell Rallies Near 110.78
Major Pair Currency Score: EURUSD, GBPUSD, NZDUSD, AUDUSD Extremely Bearish; USDCAD Extremely Bullish
FxWirePro: USD/JPY trades in tight range ahead of event risks
JPY Major Currency Score: NZDJPY, AUDJPY, GBPJPY, EURJPY Show Bearish Trend
FxWirePro: EUR/NZD eases after hot US CPI data
FxWirePro: GBP/AUD struggle to extend its recovery, good to sell on rally
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/AUD neutral in the near term, scope for further downside
FxWirePro: EUR/AUD edges higher but outlook is bearish 



