FxWirePro: AUD/USD softens after RBA rate hike 
Ethereum Eyes the $3,000 Milestone: Can Bulls Turn Current Momentum into a Massive Breakout? 
FxWirePro: EUR/ NZD regains upwards momentum but unable to hold above 50%fib 
Bitcoin Bull Run 2.0: Institutional Giants Propel BTC Toward the 90,000 USD Frontier 
FxWirePro: USD/ JPY recovers from early decline but bears are not done 
FxWirePro: NZD/USD softens on renewed Middle East tensions 
NZDJPY Recovery Hits a Wall: Is the Bearish Trend Set to Resume? 
Aussie Retreats as Safe-Haven Yen Reclaims Ground: Is AUDJPY Set for a Deeper Dive? 
FxWirePro: GBP/USD dips as geopolitical influences drive the action 
Ethereum Follows Suit: ETHUSD Tracks Bitcoin's Surge Toward Key Resistance 
FxWirePro: GBP/AUD hovers around 1.8870, vulnerable to further losses 
FxWirePro: USD/JPY range-bound as intervention fears cap upside 
Sterling Under Siege: Can GBPJPY Bulls Defend Key Support as Momentum Fades? 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD slips below 1.3600 level, vulnerable to more downside 
NZDJPY has been consolidating in a narrow range between 92.90 and 91.70 for the past two days. It reached an intraday low of 92.11 and is currently trading near 92.36. If the 93 resistance level stays steady, the downward trend seems to be going well.
|
Technicals |
CMP -92.35 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.51 |
CMP< value |
Bearish |
|
200- EMA |
93.06 |
CMP <value |
Bearish |
|
365- EMA |
93.14 |
CMP< value |
Bearish |
Near-term resistance - 93/93.60/94.50/95/96. Near-term support- 93/92.70/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-39.54 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 93, with an SL around 94, for a TP of 90.
