NZDJPY recovered above the 88 level as the yen lost momentum. The intraday trend is bullish as long as support at 86.95 holds. Having reached an intraday low of 87.91, it now trades around 87.95.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 88.18
EMA (4-hour chart)
55-EMA- 87.46
200-EMA- 87.06
365-EMA- 87.09. 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- Neutral. All indicators confirm a bullish trend.
It is good to buy on dips around 88 with SL around 87.40 for TP of 89.20/90.


Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
Gold Loses Steam After Strong U.S. Retail Sales
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: GBP/USD hits one-month high, scope for further upside
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro- Major Crypto levels and bias summary 



