Gold Loses Luster Amid Rising US Bond Yields, Iran Conflict; Sell on Rallies Advised 
EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon 
NZDJPY Consolidates, Resistance at 90.78 May Signal Favorability for Downtrend 
AUDJPY Trades in Narrow Range, Bearish Indicators Suggest Selling on Rallies 
FxWirePro: EUR/NZD eases after hot US CPI data 
FxWirePro: NZD/USD falls as stronger dollar weighs on kiwi 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/CNY sees some bounce after yesterday's fall 
FxWirePro: AUD/USD dips as dollar firms on Fed rate hike bets 
AUDJPY: Bearish Outlook Despite Short-Term Bullish Signals, Sell Rallies Near 110.78 
FxWirePro: USD/JPY advances ahead of Fed and BOJ rate decisions 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD dips below 1.6200 level ,vulnerable to more downside 
FxWirePro: USD/ZAR bearish again as upside bias reverses 
JPY Major Currency Score: All Bearish 
FxWirePro: USD/CAD maintains bullish bias with focus on 1.4000 
FxWirePro: AUD/USD stays defensive ahead of key U.S. inflation data 
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Following a major sell-off, NZDJPY showed a modest rebound. The downtrend seems to be leaning toward favorability if the 90.50 resistance holds.
|
Technicals |
CMP -89.26 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
89.33 |
CMP<value |
Bearish |
|
200- EMA |
90.41 |
CMP <value |
Bearish |
|
365- EMA |
91.41 |
CMP<value |
Bearish |
|
92.48 |
CMP<Value |
Bearish |
Near-term resistance - 90/90.50/90.97/91.80/92/92.30/93.20. Near-term support- 89/88
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
|
|
ADX |
Neutral |
|
It is good to sell on rallies around 90.18-20 with an SL around 91, for a TP of 88.
