AUDJPY Trapped in Narrow Range: Bearish Technicals Suggest Downside Risk 
FxWirePro: USD/ZAR retreats slightly but trend is still bullish 
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6700 
FxWirePro: GBP/USD recovers some ground but bearish outlook persist 
FxWirePro: EUR/ NZD gaining momentum for a move towards 2.0350 level 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY advances as intervention fears fail to lift Yen 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD loses momentum but bullish setup remains 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD up trend gains momentum but hurdles ahead 
FxWirePro: AUD/USD slips to hit three-month low,scope for further downside 
FxWirePro: USD/JPY steadies below 162.00 as Geopolitical risks keep dollar supported 
FxWirePro: GBP/AUD gaining momentum for a move towards 1.9300 level 
Bitcoin Pulls Back Amidst Geopolitical Tensions and ETF Outflows, Technicals Signal Caution 
NZDJPY pared some of its gains on board-based New Zealand dollar selling. It reached an intraday low of 93.59 and is currently trading near 93.61. If the 94.40 resistance holds, the downward trend seems to be going well.
|
Technicals |
CMP -93.59 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.66 |
CMP< value |
Bullish |
|
200- EMA |
93.38 |
CMP >value |
Bullish |
|
365- EMA |
93.30 |
CMP>value |
Bullish |
Near-term resistance - 94/94.50/95/96. Near-term support- 92.70/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-45.45 |
|
ADX |
Bearish |
Strength increased from 13.94 to 16.38 |
It is good to sell on rallies around 93.58-60 with SL around 94.40 for a TP of 90.
