Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases

NZDJPY showed a minor pullback on board-based yen weakness. If the 93.60 support  holds, the uptrend appears to be trending toward favorability.

 

Technicals

CMP -94.42

Trend

4- Hour chart

Value

 

 

55 EMA

94.70

CMP<value

Bearish

200- EMA

94.61

CMP <value

Bearish

365- EMA

94.21

CMP>value

Bullish

  1. EMA

92.60

CMP>Value

Bullish

 Near-term resistance - 95.50/96.25/97. Near-term support- 94.40/93.70/93.30/93/ 92.60/92/ 91/90.50/89.

Momentum indicator

Inference

Value

CCI(50)

Beairsh

-147

ADX

Neutral

 

 It is good to sell on rallies around 94.58-60 with an SL around 95.20, for a TP of 93.30.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

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