FxWirePro: USD/CNY edges lower , remains on bullish path 
Major Pair Currency Score: EURUSD, GBPUSD, AUDUSD, NZDUSD Bearish; USDCHF, USDCAD Extremely Bullish 
FxWirePro: GBP/NZD edged higher , retains bid tone 
FxWirePro: GBP/AUD struggle to extend its recovery, good to sell on rally 
NZDJPY Loses Its Shine as Board-Based Yen Buying Weighs — Sell Rallies Toward 88 as Bearish Grip Tightens 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY range-bound as Tokyo intensifies focus on yen weakness 
FxWirePro: GBP/NZD sustains gains as uptrend remains strong 
FxWirePro: EUR/AUD gains modestly but outlook is bearish 
Major Pair Currency Score: EURUSD Extremely Bearish at -100; USDCAD & USDCHF Extremely Bullish at 100 
EUR/USD Hits Multi-Week Lows: Bears Eye 1.1200 as Broad USD Buying Dominates 
FxWirePro: USD/ZAR firms as oil surge weighs on rand 
FxWirePro: AUD/USD edges higher after RBA delivers another rate hike 
FxWirePro: USD/ZAR edges higher ahead of South African employment data 
NZDJPY: Sell the Rallies — Bearish EMAs Stack Up as Yen Sellers Eye a Slide to 87 
FxWirePro: USD/JPY edges higher after BOJ minutes 
FxWirePro: USD/CAD hit 2 -1/2 year high, scope for further upside 
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NZDJPY has traded in a narrow range between 90.54 and 88.68 for the past week.The downtrend seems to be leaning toward favorability if the 90.80 resistance holds.
|
Technicals |
CMP 88.96 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
89.65 |
CMP<value |
Bearish |
|
200- EMA |
91.18 |
CMP <value |
Bearish |
|
365- EMA |
91.97 |
CMP<value |
Bearish |
|
92.30 |
CMP<Value |
Bearish |
Near-term resistance - 89.60/90/90.80/91.25/91.80/92/92.30/93.20. Near-term support: 88.45/88/87.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-140.64 |
|
ADX |
Bearish |
Strength increased from 22.05 to 23.29 |
It is good to sell on rallies around 89.60-65, with an SL around 90.60, for a TP of 87.
