Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

Google Add as a preferred source on Google

NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend

NZDJPY holds the 95 level on board-based New Zealand dollar buying. If the 94.40  resistance holds, the downtrend appears to be trending toward favorability.

 

Technicals

CMP -94.95

Trend

4- Hour chart

Value

 

 

55 EMA

94.51

CMP<value

Bearish

200- EMA

93.94

CMP <value

Bearish

365- EMA

93.51

CMP>value

Bullish

  1. EMA

92.99

CMP>Value

Bullish

 Near-term resistance - 95.20/95.50/96.25/97. Near-term support- 94.20/93.70/93.30/93/ 92.60/92/ 91/90.50/89.

Momentum indicator

Inference

Value

CCI(50)

Bullish

76

ADX

Neutral

Strength increased from 16.26 to 17.60

 It is good to buy on dips around 94.20 with an SL around 93.30, for a TP of 97.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.