NZDJPY trades weak for the fifth consecutive day on board-based yen strength. If the 91.78 resistance holds, the downtrend appears to be trending toward favorability.
|
Technicals |
CMP -90.05 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
92.66 |
CMP<value |
Bearish |
|
200- EMA |
93.49 |
CMP <value |
Bearish |
|
365- EMA |
93.48 |
CMP<value |
Bearish |
|
92.98 |
CMP<Value |
Bearish |
Near-term resistance - 90.97/91.80/92/92.30/93.20/93.80/94.40//95.50. Near-term support: 90.70/90/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-143.43 |
|
ADX |
Bearish |
Strength increased from 49.70 to 60.40 |
It is good to sell on rallies around 91 with an SL around 91.80, for a TP of 89.


FxWirePro: NZD/USD edges lower, attention on Iran war and U.S. inflation data
FxWirePro: USD/CNY trades flat near near 3 -1/2 year low , Outlook bearish
FxWirePro: AUD/USD hovers near 4-month peak, bias bullish
FxWirePro: GBP/AUD edges lower, vulnerable to more downside
JPY Major: USDJPY, NZDJPY, GBPJPY, NZDJPY, EURJPY, CADJPY, CHFJPY Extremely Bearish
FxWirePro: GBP/USD gains some ground but outlook is bearish
FxWirePro: GBP/AUD edges lower, vulnerable to more downside
Yen Strength Fuels NZDJPY Downtrend: Sell Rallies Near 91.50
FxWirePro: EUR/NZD edges lower, remains on back foot
FxWirePro: USD/CNY edges lower, bearish setup remains
Hammer and Bullish Divergence Signal Potential AUDJPY Rebound
FxWirePro: USD/JPY dips as Yen firms on BOJ rate expectation
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR edges higher as rand weakens ahead of key economic releases this week
FxWirePro- Major Crypto levels and bias summary
Yen Strength Crushes EUR/JPY: Key Technical Levels to Watch as Bears Eye 178 



