FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
NZDJPY has been consolidating in a narrow range between 88.98 and 89.657 for the past two days. The yen showed a minor pullback on policy divergence between the US Fed and the BOJ. As long as support at 88.70 persists, the intraday trend is bullish. The pair hit an intraday high of 89.586; it currently trades at about 89.373.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 89.374
EMA (4-hour chart)
55-EMA- 88.47
200-EMA- 87.74
365-EMA- 87.51. The pair trades above the short (55 EMA) and long-term moving average(200 and 365).
Major support- 89. Any breach below will drag the pair down to 88.70/88.40/87.99/87.20/86.65/85.37/84.45/84.
Major resistance - 89.65. Any break above 89.65 confirms minor bullishness, a jump to 90/90.65/92.
Indicator (4-hour chart)
CCI (50)- bullish
Average directional movement Index- Bullish. All indicators confirm a bullish trend.
It is good to buy on dips around 88.70-72 with SL around 88 for TP of 90.65/92.
