Easing geopolitical tension helped NZDJPY exhibit a small pullback. It reached an intraday high of 93.46 and is now about 93.30. If the 94.20 resistance stays, the downtrend looks to be moving toward favorability.
|
Technicals |
CMP -92.298 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
93.48 |
CMP<value |
Bearish |
|
200- EMA |
93.47 |
CMP <value |
Bearish |
|
365- EMA |
93.21 |
CMP>value |
Bullish |
Near-term resistance - 93.60/94/94.40/95/95.50/96.15/96.85/97.25. Near-term support- 92.40/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-41.27 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 93.28-30 with SL around 94 for a TP of 90.50/90.


EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity 



