Board-based New Zealand dollar selling caused NZDJPY to cut some of its gains. It touched an intraday low of 93.70, and right now it's trading at about 93.88. The upward trend seems to be going well, provided the 92.80 support level remains robust.
|
Technicals |
CMP -93.85 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.93 |
CMP>value |
Bullish |
|
200- EMA |
93.71 |
CMP >value |
Bullish |
|
365- EMA |
93.41 |
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) |
Bearish |
-27.70 |
|
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: USD/CAD bulls continue to hold the higher ground
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: EUR/AUD downward momentum remains in place
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level 



