Over the last two days, NZDJPY trading has leveled with a favorable attitude. The intraday trend is bullish as long as support 86.80 holds. Having reached an intraday high of 87.35, it now sells for roughly 87.38. The overall trend is still weak if pair trades below 89.20.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 87.38
EMA (4-hour chart)
55-EMA- 86.84
200-EMA- 86.90
365-EMA- 86.98. The pair trades above the short and below the long-term moving average.
Major support- 86.70. Any breach below will drag the pair down to 86.40/86/85.37.
Major resistance - 87.50. Any break above 86.86 confirms minor bullishness, a jump to 88.10/88.50/89.25.
Indicator (4-hour chart)
CCI (50)- bullish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to buy on dips around 87 with SL around 86.40 for TP of 88.10/89.


FxWirePro: AUD/USD hovers near three –month high, scope for further upside
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro- Major Crypto levels and bias summary
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro- Woodies Pivot(Major)
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 



