NZDJPY showed a minor pull back after a massive sell-off. If the 90.60 resistance holds, the downtrend appears to be trending toward favorability.
|
Technicals |
CMP -89.91 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
90.02 |
CMP<value |
Bearish |
|
200- EMA |
91.52 |
CMP <value |
Bearish |
|
365- EMA |
92.39 |
CMP<value |
Bearish |
|
93.09 |
CMP<Value |
Bearish |
Near-term resistance - 90.50/90.97/91.80/92/92.30/93.20. Near-term support- 89.50/89/88
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
|
|
ADX |
Neutral |
|
It is good to sell on rallies around 90.18-20 with an SL around 91, for a TP of 88.


FxWirePro: EUR/AUD gains modestly ahead of ECB policy decision
FxWirePro: USD/CAD extends decline, vulnerable to more downside
FxWirePro: EUR/NZD advances ahead of ECB meeting and US inflation data
AUDJPY Trades Flat After Yen Strength; Bearish Outlook Suggests Selling Rallies
FxWirePro: EUR/AUD range-bound as ECB rate decision and U.S inflation data take focus
FxWirePro: GBP/USD gains some ground but bulls lack punch
FxWirePro: USD/CAD gains some upside momentum but still bearish
Silver Under Pressure After ECB Rate Hike: Bearish Technicals Point to Sell-on-Rally Opportunity
FxWirePro: USD/ZAR downside risk builds after SA Q2 GDP contraction
EUR/JPY Bearish Bias Persists: Strategic Sell-on-Rally Setup Near 179.30 Target
FxWirePro: GBP/USD edges lower amid geopolitical tensions and inflation fears
JPY Major Currency Score: AUDJPY, EURJPY, CADJPY Extremely Bearish
FxWirePro: USD/CNY extends fall as yuan firms on exports, inflation data
Major Pair Currency Score: USDCAD Extremely Bearish, NZDUSD Bearish, EURUSD, GBPUSD, AUDUSD Bullish
JPY Major Currency Score: All Currencies Extremely Bearish
FxWirePro: AUD/USD range bound ahead of key event risks
FxWirePro: AUD/USD remains bid despite Middle East conflict 



