FxWirePro: GBP/AUD outlook weaker on renewed downside pressure 
FxWirePro: USD/ZAR gains some upside as rand weakens after sour local jobs data 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: NZD/USD soured risk gives US Dollar bulls the win 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro: EUR/ NZD gains some upside momentum but still bearish 
FxWirePro- Woodies pivot (Major) 
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FxWirePro: NZD/USD edges higher but bulls lack punch 
FxWirePro: USD/JPY holds firm but remains capped below 158.00 
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.
