FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
NZDJPY Smashes 4-Month High on Kiwi Buying Frenzy – Bullish Setup Remains Strong 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
FxWirePro:EUR/NZD extends fall, key support lies ahead 
AUDJPY Surges Above 112.50 on Aussie Momentum – Bullish EMAs Flash Green but Sell Rallies into 111.30 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
FxWirePro: USD/CNY edges lower , bearish outlook persists 
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183" 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely 
NZDJPY pared some of its gains on board-based New Zealand dollar selling. It reached an intraday low of 93.5 and is currently trading near 93.61. If the 94.40 resistance holds, the downward trend seems to be going well.
|
Technicals |
CMP -93.59 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
93.66 |
CMP< value |
Bullish |
|
200- EMA |
93.38 |
CMP >value |
Bullish |
|
365- EMA |
93.30 |
CMP>value |
Bullish |
Near-term resistance - 94/94.50/95/96. Near-term support- 92.70/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-45.45 |
|
ADX |
Bearish |
Strength increased from 13.94 to 16.38 |
It is good to sell on rallies around 93.58-60 with SL around 94.40 for a TP of 90.
