NZDJPY declined sharply as the yen gained momentum. If the 92.30 resistance holds, the downtrend appears to be trending toward favorability.
|
Technicals |
CMP -90.71 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
93.20 |
CMP<value |
Bearish |
|
200- EMA |
93.66 |
CMP <value |
Bearish |
|
365- EMA |
93.57 |
CMP<value |
Bearish |
|
93 |
CMP<Value |
Bearish |
Near-term resistance - 91.50/91.80/92/92.30/93.20/93.80/94.40//95.50. Near-term support: 90.70/90/89.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-141.24 |
|
ADX |
Bearish |
Strength increased from 48.38 to 49.91 |
It is good to sell on rallies around 91.48-50 with an SL around 92.30, for a TP of 89.


FxWirePro:USD/CAD extends decline, vulnerable to more downside
GBPJPY Retreats as Yen Strengthens: Bears Target 208 Amid Accelerating Downward Momentum
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: USD/JPY dips as Yen firms on BOJ rate expectation
JPY Major: USDJPY, NZDJPY, GBPJPY, NZDJPY, EURJPY, CADJPY, CHFJPY Extremely Bearish
FxWirePro: USD/CNY edges lower, bearish setup remains
FxWirePro: GBP/USD gains some ground but outlook is bearish
FxWirePro: NZD/USD recovers but bearish bias persists
FxWirePro: EUR/NZD edges lower, remains on back foot
Bearish Outlook for NZDJPY as Momentum Falters Post-RBNZ Hike
Crypto Major Score: BNBUSD and SOLUSD Signal Strong Bullish Momentum
EURJPY Erases Gains as Yen Surges: Bears Target 180 as Downward Pressure Mounts
FxWirePro: GBP/AUD edges lower, vulnerable to more downside
Major Currency Pair Scores: USDCAD and NZDUSD Show Strong Bearish Trends, with Key Levels to Watch
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
AUDJPY Weakens Amidst Broad Yen Strength: Sell Rallies Near 112
FxWirePro: AUD/USD hovers near 4-month peak, bias bullish 



