FxWirePro: GBP/USD dips as UK political tensions drag pound lower 
FxWirePro:USD/CAD bulls continue to hold the higher ground 
FxWirePro: GBP/USD slide extends as UK political tumult intensifies 
FxWirePro: AUD/USD eases slightly as focus shifts to US-China meeting 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/ NZD dips towards 1.9700 level ,scope for further downside 
FxWirePro: NZD/USD edges higher but bulls lack punch 
FxWirePro: GBP/AUD outlook weaker on renewed downside pressure 
FxWirePro: USD/JPY holds firm but remains capped below 158.00 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: EUR/ NZD gains some upside momentum but still bearish 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
Kiwi Under Pressure: NZDJPY Pulls Back as Bearish Momentum Builds 
FxWirePro: NZD/USD soured risk gives US Dollar bulls the win 
NZDJPY trades in a narrow range between 94.04 and 92.55 for the past three days. It reached an intraday high of 93.37 and is currently trading near 93. 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 |
93.13 |
CMP<value |
Bearish |
|
200- EMA |
93.27 |
CMP <value |
Bearish |
|
365- EMA |
93.27 |
CMP<value |
Bearish |
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) |
Bullish |
43.30 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 93.58-60 with SL around 94.40 for a TP of 90.
