NZDJPY gained nearly 90 pips on board-based yen selling. The intraday trend is bearish as long as support at 85.80 holds. Having reached an intraday high of 86.76, it now trades around 86.776.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 86.76
EMA (15 min chart)
55-EMA- 86.45
200-EMA- 86.47
365-EMA- 86.71. The pair trades above the short (55 EMA) and long-term moving average.
Major support- 85.80. Any breach below will drag the pair down to 85.37/84.45/84.
Major resistance - 87. Any break above 87 confirms minor bullishness, a jump to 87.50/88.10/89.
Indicator (15-min chart)
CCI (50)- bullish
Average directional movement Index- Bullish. All indicators confirm a bullish trend.
It is good to buy on dips around 86.50 with SL around 85.80 for TP of 88.10.


FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD dips on UK GDP data miss
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 



