FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: NZD/USD holds narrow range, scope for downward resumption 
FxWirePro: GBP/AUD gaining momentum for a move towards 1.9300 level 
FxWirePro: USD/JPY steadies below 162.00 as Geopolitical risks keep dollar supported 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD snaps eight-day losing streak 
FxWirePro: USD/CAD loses momentum but bullish setup remains 
FxWirePro: AUD/USD slips to hit three-month low,scope for further downside 
EURJPY Consolidates Above Key EMAs: Mixed Indicators Suggest Cautious Optimism for Traders 
GBPJPY Surges Past Trendline Resistance, Signaling Bullish Momentum 
FxWirePro: USD/CAD steadies around 1.4200 level , retains bid tone 
FxWirePro: EUR/ NZD gaining momentum for a move towards 2.0350 level 
FxWirePro: USD/ZAR changes short term trend from neutral to bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD recovers some ground but bearish outlook persist 
Around 94.30, triple top formed for NZDJPY and dropped more than 50 pip. It is now trading near 93.87 after reaching an intraday high of 94.29. The upward trend seems to be going well if the 92.48 support holds.
|
Technicals |
CMP -93.87 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.60 |
CMP>value |
Bullish |
|
200- EMA |
93.33 |
CMP >value |
Bullish |
|
365- EMA |
93.28 |
CMP>value |
Bullish |
Near-term resistance - 94/94.50/95/96. Near-term support- 92.45/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
58.78 |
|
ADX |
Neutral |
|
It is good to buy on dips around 93.48-50 with SL around 92.78 for a TP of 95.
