NZDJPY is trading weak for the second consecutive week amid broad-based New Zealand dollar weakness. It reaches a low of 91.03, and it is presently near 91.239. The downtrend seems to be leaning toward favorability if the 92 resistance holds.
|
Technicals |
CMP -91.23 |
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.


ETH Bounces as Shorts Cover, Yet ETF Bleed Warns $1,850 Resistance Won’t Break
GBPJPY Caught in a Tight Range: Bearish EMAs Suggest a Breakout Awaits
FxWirePro: USD/CAD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro : GBP/NZD uptrend loses steam, remains on bullish path
AUDJPY Bears Take a Breather at 111.50, But ‘Sell on Rallies’ Still Eyes 110
FxWirePro:GBP/USD recovers slightly from early decline but bears are not done yet
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6550
Bitcoin Sheds $491M in ETF Outflows and Retreats Below $64K; Sellers Reload for $50K
FxWirePro: AUD/USD drifts lower, uninspired by jobs beat
FxWirePro: NZD/USD extends losing run, eyes 0.5600 level
FxWirePro:NZD/USD rout continues without relief
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD hits 14-month high , Scope for further upside
AUDJPY Under Pressure: US Dollar Strength and Bearish Technicals Signal Further Declines 



