NZDJPY trades higher as yen loses momentum. It reached an intraday high of 93.94 and is currently trading near 93.73. If the 94.40 resistance holds, the downward trend seems to be going well.
|
Technicals |
CMP -93.75 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.51 |
CMP> value |
Bullish |
|
200- EMA |
93.02 |
CMP <value |
Bearish |
|
365- EMA |
92.71 |
CMP< value |
Bearish |
Near-term resistance - 93.60/94.50/95/96. Near-term support- 92.70/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
44.61 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 93.58-60 with SL around 94.40 for a TP of 90.


FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
Aussie Strength Prevails: AUD/JPY Targets Multi-Year Highs as Bullish Momentum Builds
FxWirePro- Major Pair levels and bias summary
Bullish Resilience: AUDJPY Eyes Recovery After Massive Sell-Off
FxWirePro: AUD/USD soften slightly but trend is still bullish
FxWirePro: USD/CAD edges lower as oil rally strengthens Loonie
FxWirePro: EUR/AUD drifts lower ,could be on verge of bigger drop
Trump’s Hardline Stance Rattles Markets: BTC/USD Faces Volatility but Technicals Signal Strength
FxWirePro- Major European Indices
FxWirePro: USD/JPY continues to recovers , upside pressure builds
FxWirePro: USD/CAD gains some momentum as weak Canadian jobs data weighs on loonie
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD rises as UK political uncertainty fails to dent pound strength
FxWirePro: USD/CNY hits fresh three-year low, scope for further downside
CADJPY Outlook: Loonie Limps as Dismal Jobs Data Fuels BoC Rate Cut Bets
FxWirePro:AUD/USD loses momentum but outlook is bullish
FxWirePro- Woodies pivot (Major) 



