GBPJPY Surges Past Trendline Resistance, Signaling Bullish Momentum 
FxWirePro: USD/ZAR retreats slightly but trend is still bullish 
FxWirePro: USD/JPY steadies below 162.00 as Geopolitical risks keep dollar supported 
FxWirePro: USD/CAD steadies around 1.4200 level , retains bid tone 
FxWirePro: GBP/USD recovers some ground but bearish outlook persist 
AUDJPY Trapped in Narrow Range: Bearish Technicals Suggest Downside Risk 
FxWirePro: AUD/USD holds narrow range, focus on near-term support 
FxWirePro: NZD/USD snaps eight-day losing streak 
FxWirePro: USD/JPY advances as intervention fears fail to lift Yen 
FxWirePro: USD/ZAR changes short term trend from neutral to bearish 
FxWirePro: USD/CAD loses momentum but bullish setup remains 
FxWirePro: EUR/AUD up trend gains momentum but hurdles ahead 
NZDJPY: Bearish Outlook Persists as 92 Resistance Holds Firm 
FxWirePro: EUR/ NZD gaining momentum for a move towards 2.0350 level 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
Following a significant sell-off, NZDJPY increased by more than 150 pips. Yesterday, it dropped to 91.33; today, it is trading close to 92.90. The downward trend appears to be continuing unimpeded as long as the resistance level remains constant.
|
Technicals |
CMP -92.89 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.79 |
CMP> value |
Bullish |
|
200- EMA |
93.29 |
CMP <value |
Bearish |
|
365- EMA |
93.27 |
CMP< value |
Bearish |
Near-term resistance - 93.30/94/94.50/95/96. Near-term support- 93/92.70/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
|
|
ADX |
Neutral |
|
It is good to sell on rallies around 93.48-50 with SL around 94.41 for a TP of 90.
