NZDJPY took support near 365 H EMA and showed a minor pullback.Intraday trend is positive as long as support 92.85 holds. The couple hits an intraday high of and is now trading around 93.92.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 93.52
EMA (1-hour chart)
55-EMA- 93.79
200-EMA- 92.82
365-EMA- 93.35. The pair trades below the short (55 EMA) and above the long-term moving average 200 and above 365).
Major support- 92.85. Any breach below 92.85 will drag the pair down to 92.50/92/91.40/90.85/90.45/89.70.
Major resistance - 93.70. Any break above 93.70 confirms minor bullishness, a jump to 94.20/95/96.
Indicator (1- hour chart)
CCI (50)- bearish
Average directional movement Index- Neutral. All indicators confirm a neutral trend.
It is good to buy on dips around 93.48-50 with SL around 92.50 for the TP of 96.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro:EUR/NZD bears maintain upper hand
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum 



