GBPJPY Surges Past Trendline Resistance, Signaling Bullish Momentum 
FxWirePro: NZD/USD holds narrow range, scope for downward resumption 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD gaining momentum for a move towards 1.9300 level 
FxWirePro: USD/CAD steadies around 1.4200 level , retains bid tone 
FxWirePro: USD/JPY steadies below 162.00 as Geopolitical risks keep dollar supported 
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption 
AUDJPY Trapped in Narrow Range: Bearish Technicals Suggest Downside Risk 
FxWirePro: GBP/USD recovers some ground but bearish outlook persist 
Bitcoin Pulls Back Amidst Geopolitical Tensions and ETF Outflows, Technicals Signal Caution 
FxWirePro: USD/ZAR retreats slightly but trend is still bullish 
FxWirePro: USD/CAD loses momentum but bullish setup remains 
As the market waits for positive developments in the ceasefire negotiations, NZDJPY is trading flat with no discernible trend. It fell to an intraday low of 92.98 and is now trading around 93.19. The downward trend appears to be moving well if the 94.40 level of resistance remains stable.
|
Technicals |
CMP -93.19 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.99 |
CMP< value |
Bearish |
|
200- EMA |
93.07 |
CMP <value |
Bearish |
|
365- EMA |
93.13 |
CMP< value |
Bearish |
Near-term resistance - 93.60/94.50/95/96. Near-term support- 92.70/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-39.54 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 93.38-40 with SL around 94 for a TP of 90.
