NZDJPY is consolidating in a narrow range after a massive sell-off. It reaches an intraday low of 91.09, and it is presently near 91.309. The downtrend seems to be leaning toward favorability if the 92 resistance holds.
|
Technicals |
CMP -91.30 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
91.55 |
CMP<value |
Bearish |
|
200- EMA |
92.35 |
CMP <value |
Bearish |
|
365- EMA |
92.76 |
CMP<value |
Bearish |
Near-term resistance - 91.85/92.20/92.70/93.25/93.62/94/94.40/95/95.50. Near-term support- 91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-45 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 91.48-50 with SL around 92.20 for a TP of 90.


FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
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
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro- Major Crypto levels and bias summary
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro- Major Crypto 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
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend 



