On board-based yen selling, NZDJPY rises above the 88 level. The intraday trend is bullish as long as support at 86.95 holds. Having reached an intraday high of 88.39, it now trades around 88.09. If pair trades fall under 89.20, the general trend is still terrible.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 88.09
EMA (4-hour chart)
55-EMA- 87.14
200-EMA- 87
365-EMA- 87.03. The pair trades above the short and below long-term moving average.
Major support- 87.40. Any breach below will drag the pair down to 86.95/86.40/86/85.37.
Major resistance - 88.50. Any break above 86.86 confirms minor bullishness, a jump to 89.25/90.
Indicator (4 hour chart)
CCI (50)- bullish
Average directional movement Index- Bullish. All indicators confirm a bullish trend.
It is good to buy on dips around 87.60 with SL around 86.95 for TP of 89.20/90.


FxWirePro: USD/ZAR bears maintain upper hand
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
Bitcoin Dips Before the Flip: Whales Load Up $3B as $80K Rebound Looms
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
FxWirePro: GBP/USD cedes early gains ,outlook bearish 



