FxWirePro -Major European Indices 
FxWirePro: USD/CNY recovers slightly from early decline but bears are not done yet 
FxWirePro: GBP/USD dips after US CPI data, key support level in focus 
FxWirePro: GBP/NZD topside capped, sellers still hold the advantage 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY edges up, remains on front foot 
FxWirePro: GBP/AUD under pressure , knocking on door of key support 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
AUDJPY Bullish Momentum Pauses: Profit Booking Offers Fresh Entry Window Near 112.50 
FxWirePro: USD/ZAR rebounds strongly, upside pressure builds 
FxWirePro: GBP/USD drops towards 1.3350 level, heads deeper into bear territory 
FxWirePro:EUR/USD slips as oil supply and conflict fears persist 
Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro: EUR/AUD falls below 1.6200 level, plunge to test a key fibo grows 
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists 
NZDJPY trades in narrow range between 91.99 and 92.86 for the past five days. It hits an intraday low of 92.13 and is currently trading around 92.16.
|
Technicals |
CMP -92.16 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.52 |
CMP <value |
Bearish |
|
200- EMA |
92.95 |
CMP < value |
Bearish |
|
365- EMA |
92.92 |
CMP <value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-34 |
|
ADX |
Neutral |
Strength increased from 15.58 to 16.77 |
It is good to sell on rallies around 92.38-40 with SL around 93 for a TP of 91.05/90.
