GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs 
FxWirePro- Woodies pivot (Major) 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
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FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro- Major Pair levels and bias summary 
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AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183" 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
Due to board-based New Zealand dollar depreciation, NZDJPY cut some of its gains. At 92.57, it was close to its intraday low of 92.37. The trend during the trading day is downward if the resistance level at 94.20 remains unbroken.
|
Technicals |
CMP -92.55 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.93 |
CMP >value |
Bearish |
|
200- EMA |
93.09 |
CMP <value |
Bearish |
|
365- EMA |
93.11 |
CMP< value |
Bearish |
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-197.42 |
|
ADX |
Bearish |
Strength increased from 16 to 18 |
It is good to sell on rallies around 93.18-20 with SL around 94.18 for a TP of 90.85/90.
