For the last three days, NZDJPY has been trading in a constrained range of 92.88 to 94.32. Yesterday, it reached 94.32; now, it is trading close to 93.99. The upward trend appears to be moving well if the support level at 92.80 remains stable.
|
Technicals |
CMP -93.96 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.98 |
CMP>value |
Bullish |
|
200- EMA |
93.58 |
CMP >value |
Bullish |
|
365- EMA |
93.21 |
CMP>value |
Bullish |
Near-term resistance - 91.50/92.01/92.75/93. Near-term support- 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
-50.76 |
|
ADX |
Neutral |
|
It is good to buy on dips around 93.58-60 with SL around 92.85 for a TP of 95/96.


FxWirePro: GBP/USD eases slightly but trend is still bullish
Euro Under Pressure: EURUSD Retreats Toward 1.1700 as Middle East Tensions Re-Escalate
Sterling Strength: GBPJPY Eyes 217.00 as Inflationary Pressures Mount
AUDJPY Consolidation: Aussie Holds Near 114.00 as Bulls Eye 115.00 Breakout
FxWirePro: USD/CNY inches higher as investors await potential US-Iran peace talks
FxWirePro: EUR/AUD heads deeper into bear territory, 23.6%fib fibonacci eyed
AUDJPY: Dip-Buy Setup Near 113.6 as Range Consolidates for a Push to 115
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major European Indices
FxWirePro: USD/JPY softens as Middle East risks cloud BOJ decision
FxWirePro- Major European Indices
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800
FxWirePro- Woodies pivot (Major)
AUD/USD firms slightly ahead US-Iran Peace talks
FxWirePro: EUR/AUD dips below lower range, bearish bias increases
ETHUSD Eyes 2770+ Breakout as Dip-Buy Zone Forms Around 2300 Amid Tensions 



