Technical Analysis – NZD/JPY positive bias eases

NZDJPY 23/11/2018 | EconAlerts

NZD/JPY positive bias eases; still looks bullish in the medium-term. NZD/JPY retreated after touching a five-month high of 77.70 last week. Still, the pair’s remarkable recovery after coming close to more than two-year lows in early October remains largely intact. The Tenkan- and Kijun-sen lines are positively aligned in support of a bullish bias in the […]

Technical Analysis – NZD/JPY around 5-month high

NZD/JPY 15/11/2018 | EconAlerts

NZD/JPY around 5-month high; the rally could be overstretched. NZD/JPY is trading not far below Wednesday’s five-month high of 77.44. The pair has staged a remarkable recovery from early October’s low of 72.25, this being only marginally above September’s more than two-year nadir of 72.24. The Tenkan- and Kijun-sen lines are positively aligned, attesting to the […]

Technical analysis – NZD/JPY challenges 3-month highs

NZD/JPY 02Nov18 | EconAlerts

NZD/JPY challenges 3-month highs, the short-term outlook still neutral. NZD/JPY soared in recent sessions before it met resistance near the crossroads of the 75.60 zone and its 200-day exponential moving average (EMA), and subsequently pulled back somewhat. The inability of the bulls to break above this crossroads suggests that the short-term outlook is still neutral, […]

Technical Analysis – NZD/JPY remains bearish in longer-term

NZD/JPY 25/07/18 | EconAlerts

NZD/JPY drops back below cloud; remains bearish in the longer-term. NZD/JPY has retreated from the one-month top of 76.84 it touched last week, falling back below the Ichimoku cloud and the 50-day moving average. However, the negative momentum has eased in the past few days and the near-term bias is now looking more neutral as […]