FxWirePro- Major Crypto levels and bias summary 
NZDJPY on the Edge: Sell the Bounce as Bears Regroup Below Key EMAs 
NZDJPY Bears Reload: Sell the Rally as Pullback Stalls Near Key Resistance 
FxWirePro: USD/CAD inches higher, set to stay on back foot 
USDCHF Bears Eye Deeper Slide: Sell Rallies as Cooling US Inflation Fuels Franc Strength 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
FxWirePro AUD/USD creeps higher, RBA minutes may rekindle rally 
FxWirePro: GBP/AUD recovers slightly, upside limited 
FxWirePro: USD/JPY gains as yen weakens on soft Japan’s Q4 GDP data 
FxWirePro: GBP/USD retreats slightly but trend is still bullish 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro : GBP/NZD hovers around 2.2575 downtrend looks likely to resume 
FxWirePro- Major European Indices 
FxWirePro: NZD/USD edges lower ahead of key RBNZ policy decision 
FxWirePro: USD/ZAR gains some ground but outlook still bearish 
EURJPY Bears Hold the Line: Sell Rallies Below 183 as Trendline Support Tested 
NZDJPY pared most of its gains after hawkish rate pause. It hits an intraday low of 92 and is currently trading around 92.21. Intraday trend is weak as long resistance 93 holds.
|
Technicals |
CMP -92.21 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.46 |
CMP <value |
Bearish |
|
200- EMA |
92.83 |
CMP < value |
Bearish |
|
365- EMA |
92.92 |
CMP <value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-171.34 |
|
ADX |
Neutral |
Strength increased from 20.56 to 24 |
It is good to sell on rallies around 92.38-40 with SL around 93 for a TP of 91.05/90.
