As the market waits for positive developments in the ceasefire negotiations, NZDJPY is trading flat with no discernible trend. It fell to an intraday low of 92.98 and is now trading around 93.19. The downward trend appears to be moving well if the 94.40 level of resistance remains stable.
|
Technicals |
CMP -93.19 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
92.99 |
CMP< value |
Bearish |
|
200- EMA |
93.07 |
CMP <value |
Bearish |
|
365- EMA |
93.13 |
CMP< value |
Bearish |
Near-term resistance - 93.60/94.50/95/96. Near-term support- 92.70/91.80/91/90.50/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-39.54 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 93.38-40 with SL around 94 for a TP of 90.


Yen Strength Overshadows the Aussie: AUDJPY Faces Steep Resistance at 113.50
Caught in the Crosscurrents: AUDJPY Braces for Next Move After Sharp Sell-Off
FxWirePro: EUR/ NZD dips as kiwi dollar firms after NZ jobs data
Sterling Slumps Under Yen Surge: GBPJPY Faces Steep Resistance at 213.00
FxWirePro: AUD/USD hits new four-year high,scope for further upside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD up on Iran hopes, looming UK local elections a risk
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD outlook weaker on renewed downside pressure
Bitcoin Defies Gravity: BTC Holds Above 80,000 USD Milestone Amid Geopolitical Shifts
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD drifts lower, could be on verge of bigger drop
FxWirePro- Major Crypto levels and bias summary
Sterling Stalls: GBPJPY Consolidates as Technical Bias Tilts Toward the Downside
FxWirePro: USD/ZAR drops below 16.500 level, heads deeper into bear territory
FxWirePro: USD/JPY consolidates, likely to maintains downward pressure 



