NZDJPY holds well above 88 level on board-based Yen weakness. The intraday trend is bullish as long as support at 87.40 holds. Having dipped to an intraday high of 88.40, it now trades at about 88.367.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 88.36
EMA (4-hour chart)
55-EMA- 87.62
200-EMA- 87.35
365-EMA- 87.25. The pair trades above the short (55 EMA) and long-term moving average.
Major support- 87.90. Any breach below will drag the pair down to 87.40/87.20/86.65/85.37/84.45/84.
Major resistance - 88.50. Any break above 88.50 confirms minor bullishness, a jump to 89/90.
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 with SL around 87.40 for TP of 89.20.


FxWirePro- Major Pair levels and bias summary
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
Gold Loses Steam After Strong U.S. Retail Sales
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD hits one-month high, scope for further upside 



