Quotes

CFD Trading Rate New Zealand Dollar vs Japanese Yen (NZDJPY)

Bid
Ask
Change (%)
Date/Time (GMT 0)
Over the past 10 days
Date Rate Change

Related news

  • 19.07.2024 21:18
    NZD/JPY Price Analysis: Continues to plunge as sellers reign supreme
    • Friday's trading session saw the NZD/JPY pair resuming its losses, exacerbating the bearish momentum.
    • Cross ends the week with a near 2% loss.
    • Sellers are pointing towards the 100-day SMA.

    In Friday's trading session, the NZD/JPY pair extended its losses and slumped to 94.65, marking a 0.50% decline. Even though a slight rebound occurred on Thursday, the pair ended the week with approximately 2% losses, underscoring a continuously negative outlook.

    Daily technical indicators reinforce the control of the bears, irrespective of Thursday's brief rebound. The Relative Strength Index (RSI) edged into oversold territory while the Moving Average Convergence Divergence (MACD) continued to print rising red bars, implying the presence of sustained selling pressure. However, the RSI below 30, might suggest an incoming upwards correction.

    NZD/JPY daily chart

    Corresponding to the established bearish mood, immediate support levels are now lower at 94.50 and at the 100-day Simple Moving Average (SMA) of 94.00. A downward crossing of these levels could substantiate the short-term bearish superiority. Resistance levels stay at the prior support markers of 95.00, 95.50, and 96.00, which could be significant thresholds for possible upside movements.

  • 18.07.2024 19:45
    NZD/JPY Price Analysis: Pair rebounds as sellers take a breather
    • Thursday's session witnessed the NZD/JPY pair rebounding, counterbalancing part of the bearish momentum.
    • Despite the small rise, the cross still registers a weekly loss of 1.50%.
    • Though corrective actions take place, technical indicators still depict a negative outlook.

    In Thursday's session, the NZD/JPY pair managed to record a slight upsurge and landed at 95.15. Despite this rebounding action, the pair accumulated approximately 1.50% losses over the week, indicating a persistently negative outlook.

    Day-to-day technical indicators extend the domination of the bears, despite the recent rebound. The Relative Strength Index (RSI), currently positioned at 33, indicates a northward momentum, an uplift from Wednesday's value of 28. However, it's still well within negative zone but has now scaped the oversold threshold. The Moving Average Convergence Divergence (MACD) continues to print flat red bars, demonstrating sustained but now halted selling pressure.

    NZD/JPY daily chart

    Reflective of the prevailing bearish tone, immediate support levels are now spotted lower at 94.50 and the crucial level at 94.00. A descent below these levels could confirm the bearish dominance over the short term. Resistances, on the other hand, are now at the previous support levels of 95.50, and 96.00.

  • 17.07.2024 21:38
    NZD/JPY Price Analysis: Pair extends losing streak to six days, indicators flash oversold signals
    • Wednesday's session saw the NZD/JPY pair continue its decline.
    • The cross has now marked a six-day losing streak now down 1.50% over the week.
    • Oversold conditions might signal a looming correction.

    On Wednesday, the NZD/JPY pair witnessed a further drop to land at 95.00. This continuous decline has extended the ongoing six-day losing streak. The overall loss, compared to the previous week is now seen at over 1.50% which has continued to defy the short-term outlook. That being said, as the downwards movements might be over-extended, the pair might correct to the upside somewhere in the next sessions.

    The daily technical indicators not only persist under the bear's control but also enter the oversold conditions. The Relative Strength Index (RSI), currently at 28, has descended further into oversold territory, supporting a strengthened bearish sentiment. Concurrently, the Moving Average Convergence Divergence (MACD) is seen to print rising red bars, portraying continuous selling pressure.

    NZD/JPY daily chart

    Synchronizing with the ongoing bearish tone, immediate support levels are now spotted lower at 94.50 and the key level at 94.00. A drop below these levels, especially the strong support at 94.00, may affirm the bear's dominance in the short term. On the flip side, the resistance levels are now repositioned at the previous support levels of 95.00, 95.50, and 96.00.

  • 16.07.2024 21:13
    NZD/JPY Price Analysis: Cross extends losing streak, indicators near oversold decline
    • Tuesday's session saw additional losses in the NZD/JPY.
    • The cross extended its four-day losing streak to five being 2.50% lower compared to last week.
    • The pair might consolidate as indicators approach the oversold terrain.

    On Tuesday, the NZD/JPY saw more losses and fell below 96.00. The cross extended its bearish streak to five and is now down by more than 2.50% since last week.

    The daily technical indicators still remain under the bear's control. The Relative Strength Index (RSI), currently at 35, marginally moved downwards, keeping the bearish bias intact. In line with this, the Moving Average Convergence Divergence (MACD) continues to print flat red bars that suggest persistent selling activity. However, the RSI near 30, suggests that a correction looms.

    NZD/JPY daily chart

    Reflecting the prevailing bearish tone, immediate support levels are identified at 95.50 and the key level at 95.50 and 95.30. A fall below these levels, particularly the strong support at 95.50, could serve as a confirmation of the bear's domination in the short term. On the flip side, the resistance levels can now be spotted at the previous support breakpoints of 97.00, the 20-day Simple Moving Average (SMA) residing at 97.70, and the vital level of 98.00.

  • 15.07.2024 21:38
    NZD/JPY Price Analysis: Four-day losing streak intensifies as cross plunges deeper
    • Monday's session saw a further 0.45% decline in the NZD/JPY pair, reinforcing the bearish momentum.
    • The cross extends its losses, marking a four-day bearish streak with a cumulative drop of more than 2.50% since last week.
    • Indicators increasingly burrow into the negative zone, edging dangerously close to oversold conditions.

    On Monday, the NZD/JPY registered a substantial decline of 0.45% to end at 96.15. This led the cross to culminate a quadruple daily loss, sparking off from last week. The net plummet has thus far exceeded 2.50%.

    The daily technical signals continue to display unabated negative conditions. The Relative Strength Index (RSI), currently at 36, has tanked further and the Moving Average Convergence Divergence (MACD) concurs with this scenario by demonstrating growing selling activity with the printing of ascending red bars.

    NZD/JPY daily chart

    Given the intensified bearish conditions, immediate support levels are found at 96.00 and 95.50. A breach below these levels, especially the potent support at 95.50, would further validate and confirm the bearish perspective. Conversely, levels of resistance are now situated at the former support thresholds of 97.00, the 20-day Simple Moving Average (SMA) at 97.70, and the critical level of 98.00.

  • 12.07.2024 19:47
    NZD/JPY Price Analysis: Cross extends losses and falls to lows since mid-June
    • NZD/JPY continued its significant decline in Friday's session.
    • The bearish activity remains with the pair below the crucial 20-day SMA, suggesting persistent control by the bears.
    • Indicators in negative terrain now signal a bearish short-term outlook for the pair.

    During Friday's trading session, the NZD/JPY pair continued its substantial drop from Thursday, recording a further loss of 0.20% and settling at 96.65. The pair remains well below the 20-day Simple Moving Average (SMA) of 97.80, reinforcing the bearish outlook in the short term.

    The daily chart signals sustained negative conditions. The Relative Strength Index (RSI) improved slightly from Thursday's session but still remains in the negative territory at 40, indicating a continued declining market momentum. The Moving Average Convergence Divergence (MACD) concurs with this scenario, printing rising red bars indicative of rising selling activity.

    NZD/JPY daily chart

    Bearing in mind the bearish momentum, immediate support levels lie at 96.50 96.00, and 95.50. Breaking these points would further validate the bearish perspective. On the other hand, resistance encounters are expected at past support levels of 97.00, 97.70 (20-day SMA), and the critical level of 98.00.

  • 11.07.2024 21:42
    NZD/JPY Price Analysis: Bears seize control, key 20-day SMA broken breached
    • NZD/JPY ended Thursday's session with a significant decline.
    • The bears successfully pushed the pair below the crucial 20-day SMA, signaling a shift in command.

    In Thursday's trading session, the NZD/JPY pair dropped substantially, losing 1.40% to land at 96.80. The pair slipped below the 20-day Simple Moving Average (SMA) of 97.70, indicating a negative outlook in the short-term as the outlook is now somewhat bearish at least for the short-term.

    On the daily chart, the Relative Strength Index (RSI) plummeted to 44. This swift shift towards negative territory suggests a decline in market momentum, and it is important to note that the RSI shifted from nearly overbought terrain to below the middle point. The Moving Average Convergence Divergence (MACD) also adds weight to this bearish scenario, registering rising red bars indicative of decreased buying momentum.

    NZD/JPY daily chart

    In light of the bearish turn, immediate support levels are now set at 96.50, 96.00, and further down to 95.00. In contrast, resistance is now likely to be encountered at previous support levels of 97.00, 97.70 (20-day SMA), and 98.00.

  • 10.07.2024 21:04
    NZD/JPY Price Analysis: Momentum declined, bulls defend the 20-day SMA
    • NZD/JPY saw a moderate decline, but buyers successfully kept the 20-day SMA of 97.80.
    • Bears got momentum from RBNZ’s dovish decision.
    • Indicators are scaping overbought conditions so the pair might enter in a consolidation phase.

    During Wednesday's trading session, the NZD/JPY pair experienced a 0.40% decline to land at 98.30. Although it grappled with sellers' pressure, the bulls managed to defend the key 20-day Simple Moving Average (SMA) of 97.80.

    On the daily chart, the Relative Strength Index (RSI) value now stands at 61. Compared with Tuesday's overbought reading of 72, the RSI is noticeably lower, signaling potential relief from overbought conditions. This drop indicates a shift from the previous bullish momentum and may suggest a pullback. The Moving Average Convergence Divergence (MACD) now displays a fresh red bar, indicating lesser buying momentum, which aligns with the possible pullback scenario.

    NZD/JPY daily chart

    Gearing towards a possible downward correction, immediate support is seen around the 97.70 (20-day SMA) and 97.00 markers.

     

     

  • 09.07.2024 21:49
    NZD/JPY Price Analysis: Potential pullback, as the pair struggles to surpass 99.00
    • The NZD/JPY sees a slight rise, inching towards 98.80.
    • Bulls keep getting rejected by the 99.00 area.
    • Immediate supports are poised at 98.00 and 97.70, as likely areas for possible downward corrections.

    In the Tuesday trading session, the NZD/JPY pair exhibited a minor uptick, hovering near the 99.00 mark. However, it seems to have hit a ceiling at this level and is struggling to break past it.

    In terms of the daily chart, the Relative Strength Index (RSI) is currently at 71, a mild increase from Monday's reading. While this increase indicates a slight surge in the bullish momentum, the continued stay of the RSI in the overbought zone may suggest that a pullback is possible. The Moving Average Convergence Divergence (MACD) reflects with decreasing green bars, which may support the perspective of overextended movements and a likely pullback.

    NZD/JPY daily chart

    In the event of a downward correction, immediate support is seen around the 98.00, 97.70 (20-day SMA) and 97.00 markers. Buyers need to focus on sustaining these levels before attempting to achieve new highs. If the 97.00 level successfully combats the bearish forces, buyers may seek to retest the 99.00 area, and potentially the 100.00 level.

  • 04.07.2024 22:09
    NZD/JPY Price Analysis: Buyers retreat after scaling to decades-high peak near 99.00
    • NZD/JPY experiences a slight retreat, moving towards the 98.60 mark.
    • Immediately identifiable supports are established at 98.00 and 97.00.
    • In its ongoing traverse of unexplored territories, the pair could potentially test the 99.00-100.00 range.

    In the Thursday trading session, the NZD/JPY pair witnessed a subtle downturn, moving towards the 98.60 level. This comes after buyers paused their aggressive move, having recently elevated the pair to highs unseen in decades, peaking near the 99.00 mark.

    From the perspective of the daily chart's technical analysis, the Relative Strength Index (RSI) presently records a reading of 70, marking a slight decrease from Wednesday's session's reading. This mild decline indicates a possible decline in the previously strong bullish momentum. However, with the RSI still relatively high, the bullish momentum cannot be disregarded entirely. The Moving Average Convergence Divergence (MACD) appears in flat green bars, reinforcing arguments suggesting overextended movements and a potential pullback.

    NZD/JPY daily chart

    Moving forward, it is expected that the pair could maintain its bullish trajectory, remaining above the 20-day, 100-day, and 200-day Simple Moving Averages (SMAs). Nevertheless, potential corrections related to the current overbought situations could be in sight.

    In case of a downward correction, immediate support is now anticipated around 98.00, 97.50, and 97.30 (20-day SMA). Buyers should prioritize maintaining these levels before seeking to explore new highs. If the 98.00 level successfully withstands the defensive play, buyers might retest the 99.00 area and even the 100.00 levels.

  • 03.07.2024 21:05
    NZD/JPY Price Analysis: Pair surpasses 98.00, establishing new cycle highs
    • NZD/JPY resumes its bullish trend, surpassing 98.00 mark and hitting new cycle highs.
    • Immediate supports identified at 97.50 and 97.00 markers represented by 20-day SMA in case of potential corrections.
    • As the pair rides uncharted terrain it might test the 99.00-100.00 range.

    On Wednesday, the NZD/JPY pair resumed its upward trajectory, an extension of the bullish trend noted in the previous week. Even as a strong bullish drive emerges as the predominant force, there is caution regarding a potential correction as indicators reflect overbought conditions. In the session, the pair rose by 0.60% to reach 98.70, a fresh cycle high.

    In terms of the daily chart's analysis, the Relative Strength Index (RSI) has increased, now sitting in overbought territory at a reading of 75, up from Tuesday's reading of 68. This points to increasing market momentum. However, this climb incurs the risk of a potential pullback given these heightened overbought conditions. The Moving Average Convergence Divergence (MACD) presents green bars, also adding arguments to the overextended movements.

    NZD/JPY daily chart

    Looking ahead, it is anticipated that the pair may sustain its upward trajectory, remaining above the 20-day, 100-day, and 200-day Simple Moving Averages (SMA), suggesting ongoing bullish momentum. However, there might be possible corrections due to current overbought situations.

    Immediate support in case of a downward correction is now speculated around the 97.50 and 97.00 markers, represented by the 20-day SMA. Buyers should concentrate on maintaining these levels prior to reaching newer peaks. Potential for advancements around 98.80, 99.00, and even 100.00 windows are within sight, following a successful defense of the 97.00 level.

  • 02.07.2024 21:06
    NZD/JPY Price Analysis: Pair corrects around 98.00, positive outlook prevails
    • NZD/JPY trades neutral around 98.00 as buyers take a breather.
    • The cross might find supports at the 97.50-97.00 range for deep corrections.

    On Tuesday, the NZD/JPY pair noted neutral movements as indicators retreated from overbought levels, and the cross called for a slight correction.

    The daily chart's Relative Strength Index (RSI) which approached overbought levels on Monday has shown a decline, indicating a potential cooldown in the bullish run observed last week. Even as the bullish drive remains the leading factor for this pair, the Moving Average Convergence Divergence (MACD) manifests red bars, implying that the recent bullish acceleration might be easing off.

    NZD/JPY daily chart

    Looking ahead, in case of further correction, immediate support is currently seen at 97.50, and near the 20-day Simple Moving Average (SMA) at the 97.00 mark. Buyers ought to concentrate on defending these levels prior to targeting newer peaks.

  • 01.07.2024 21:44
    NZD/JPY Price Analysis: Continuation of bullish momentum as pair approaches 98.80
    • NZD/JPY's bullish trajectory extends and rose near 98.80, setting fresh highs since 2007.
    • Bulls start to show some signs of exhaustion.
    • The robust bullish outlook is maintained, although a consolidation appears imminent.

    On Monday, the NZD/JPY cross recorded a modest gain of 0.31%, pushing its value up to a high of 98.80 and then retreating to 98.10. This increase marks the pair's highest position in over a decade, further solidifying the ongoing bullish bias. However, due to the overbought conditions indicated by the daily Relative Strength Index (RSI), a necessary correction may be on the horizon.

    The daily chart's RSI has tipped over into overbought territory, signaling the continued advance of the bullish run seen since last week. Although the bullish momentum is still the driving force in this pair, the Moving Average Convergence Divergence (MACD) is not generating green bars. This suggests that the current bullish pace may be leveling off.

    NZD/JPY daily chart

    Moving forward, in case of a correction immediate support is now at 97.00 near the 20-day Simple Moving Average (SMA), with additional support at the previous low of 95.00. Buyers should now target the next psychological levels at 98.50 and 99.00 for additional resistance in case they have more gas left in their tanks.

  • 28.06.2024 22:08
    NZD/JPY Price Analysis: Bullish bias continues as pair surpasses 98.00
    • NZD/JPY's bullish run persists as the cross surges past 98.00, marking fresh highs since 2007.
    • The 20-day SMA provides robust support at 96.90.
    • The strong bullish outlook stays intact, but a consolidation looms.

    On Friday, the NZD/JPY cross made significant strides, gaining momentum and setting new cycle highs beyond 98.00. Notably, this represents the pair's highest position since 2007, substantiating the strong bullish bias. However, given the overbought conditions, a healthy correction would be necessary.

    The daily chart's Relative Strength Index (RSI) value now sits at 68, entering the overbought territory. This demonstrates a continued bullish advance from earlier in the week, indicating that positive momentum still drives the pair. Despite these strong bullish indicators, the Moving Average Convergence Divergence (MACD) is not turning out green bars, suggesting that buyers may be losing their momentum.

    NZD/JPY daily chart

    Going forward, market participants keep a keen eye on the immediate support level of 97.00, with additional support at 96.90, close to the 20-day SMA and the previous low of 95.00. Moreover, they have trained their sights on the resistance targets of 98.50 and 99.00. A decisive breach above the ongoing range will provide further confirmation of the upside potential while slipping beneath the 20-day SMA could signal a more profound correction.

  • 26.06.2024 20:49
    NZD/JPY Price Analysis: Deeper correction in sight, bullish outlook holds
    • NZD/JPY continues consolidating at 97.70.
    • The 20-day SMA will offer strong support at 96.30 where the sellers will face a strong fortification.
    • Despite the consolidation, the bullish outlook remains afloat, with targets set on the key resistance of 98.00.

    On Wednesday, the NZD/JPY cross was seen neutral at 97.70 while extending its phase of consolidation. Nevertheless, the pair upholds robust support at the 20-day Simple Moving Average (SMA) of 96.30, maintaining its position near levels not seen since 2007. In that sense, a healthy correction was increasingly necessary to alleviate the overbought conditions.

    The daily Relative Strength Index (RSI) currently sits at 64, slightly lower than Tuesday'sreading, indicating a mild downward momentum. Despite this subtle decline, the indicator remains in positive territory, moving away from extreme conditions. Conversely, the Moving Average Convergence Divergence (MACD) prints a fresh red bar, signaling a reduced buying pressure. This hints at a possible continuation of the consolidation phase.

    NZD/JPY daily chart

    The predominance of bulls above the 20-day SMA reflects the persistent upward pressure supporting the cross. With technical indicators falling back from overbought regions, the upper hand still belongs to the bulls, albeit with the increasing necessity of a correction or consolidation to sustain the upward trajectory.

    Looking ahead, market participants are looking closely at the immediate support level of 97.00, and are eyeing the resistance target of 98.00. A decisive break above this consolidation range would confirm further upside potential, whereas a dip below the 20-day SMA could suggest a deeper correction.

     

  • 25.06.2024 21:46
    NZD/JPY Price Analysis: Cross continues consolidating, still above 97.00
    • NZD/JPY remains stable at 97.60, as the pair starts consolidating.
    • The 20-day SMA at 96.30 offers considerable support against a potential correction.
    • Despite the consolidation phase, the bullish outlook persists, eyeing the next key resistance at 98.00.

    On Tuesday, the NZD/JPY cross appeared to have entered a consolidation phase, retaining its footing at the fresh high of 97.80. Flaunting its resilience, the pair maintained its strong support at the 20-day Simple Moving Average (SMA) of 96.30, while hovering at high levels not witnessed since July 2007. The bullish outlook remains undisputed, despite the necessity for a healthy correction to address the overbought conditions.

    The daily Relative Strength Index (RSI) currently stands at 66, a decline from Monday's 68, hinting at an impending downtrend. However, it remains within a positive territory devoid of extreme conditions. Meanwhile, the Moving Average Convergence Divergence (MACD) prints flat red bars which implies diminishing buying pressure as a shift towards a potential consolidation or correction phase.

    NZD/JPY daily chart

    The steady grip of bulls above the 20-day SMA illustrates their strength, coupled with the technical indicators nearing overbought status, this further cements the positive technical outlook of the Kiwi against the Yen. However, overbought conditions necessitate a healthy correction or consolidation to ensure sustained upward momentum.

    As investors anticipate subsequent trading sessions, the focus is on the immediate support at 97.00 and the resistance target at 98.00. A sustained break above the consolidation range could validate further upside while slipping below the 20-day SMA could indicate a deeper correction.

     

    NZD/JPY

    Overview
    Today last price 97.64
    Today Daily Change -0.11
    Today Daily Change % -0.11
    Today daily open 97.75
     
    Trends
    Daily SMA20 96.65
    Daily SMA50 94.72
    Daily SMA100 93.06
    Daily SMA200 91.22
     
    Levels
    Previous Daily High 97.92
    Previous Daily Low 97.28
    Previous Weekly High 97.8
    Previous Weekly Low 96.09
    Previous Monthly High 96.74
    Previous Monthly Low 90.83
    Daily Fibonacci 38.2% 97.53
    Daily Fibonacci 61.8% 97.68
    Daily Pivot Point S1 97.38
    Daily Pivot Point S2 97.01
    Daily Pivot Point S3 96.74
    Daily Pivot Point R1 98.02
    Daily Pivot Point R2 98.29
    Daily Pivot Point R3 98.66

     

     

  • 24.06.2024 21:37
    NZD/JPY Price Analysis: Cross extends gains to multi-year highs around 97.50
    • Buyers successfully clear previous losses, stabilizing the cross at 97.80
    • The 20-day SMA at 96.60 remains an important support, defending against sellers' attempts.
    • Approaching overbought conditions suggests a potential correction, although the overall outlook remains positive.

    On Monday, the NZD/JPY pair recorded a low of 97.28 before buyers stepped in and cleared all losses, stabilizing the cross at around 97.80. The potent performance fortified the bullish sentiment, with the pair glowing at highs not seen since July 2007, but in entered the Asian session on a neutral note. In the last sessions, the 20-day Simple Moving Average (SMA) at 96.60 has emerged as strong support, with sellers yet unable to breach this level, serving to further solidify the positive outlook.

    The daily Relative Strength Index (RSI) currently reads 67, indicating higher momentum than Friday's reading and continues to suggest an upward trend. Meanwhile, the Moving Average Convergence Divergence (MACD) for Monday presents a fresh green bar, indicating increased buying pressure. However, investors are advised caution as the RSI nears the overbought threshold, hinting at the possibility of a near-term correction.

    NZD/JPY daily chart

    The bulls' resilience in maintaining positions above the 20-day SMA remains steadfast. This, combined with the approaching overbought daily technical indicators, further reinforces the positive technical outlook of the Kiwi against the Yen.

    In subsequent trading sessions, the cross may fluctuate between the immediate support at 97.00 and the resistance target at 98.00. Investors should monitor these levels for a break above the consolidation range, indicating continued upward movement, or a breach below the 20-day SMA, which could signal a deeper correction. The 97.30 area also showed itself as a strong support.

    NZD/JPY

    Overview
    Today last price 97.79
    Today Daily Change 0.01
    Today Daily Change % 0.01
    Today daily open 97.78
     
    Trends
    Daily SMA20 96.59
    Daily SMA50 94.58
    Daily SMA100 92.98
    Daily SMA200 91.16
     
    Levels
    Previous Daily High 97.8
    Previous Daily Low 97.08
    Previous Weekly High 97.8
    Previous Weekly Low 96.09
    Previous Monthly High 96.74
    Previous Monthly Low 90.83
    Daily Fibonacci 38.2% 97.53
    Daily Fibonacci 61.8% 97.36
    Daily Pivot Point S1 97.31
    Daily Pivot Point S2 96.84
    Daily Pivot Point S3 96.6
    Daily Pivot Point R1 98.03
    Daily Pivot Point R2 98.27
    Daily Pivot Point R3 98.74

     

     

  • 21.06.2024 21:16
    NZD/JPY Price Analysis: Cross extends gains to multi-year highs past 97.50
    • The cross continued its upward journey, reaching new cycle highs above 97.50, levels not seen since July 2007.
    • The daily chart shows intense bullish sentiment, with the Yen weakening against its peers.
    • Indicators are approaching overbought conditions which might limit the upside.

    On Friday, the NZD/JPY cross extended advances and established multi-year highs above  97.50. The 20-day Simple Moving Average (SMA), now at 96.60 continued as firm support at the beginning of the week, where buyers ward off sellers' strivings to breach this level.

    The daily Relative Strength Index (RSI) for NZD/JPY is currently at 68, indicating an increase from Thursday's value and overall upward momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) for today shows decreasing red bars, implying decreased selling pressure. The RSI near 70 should flash caution to investors as it approaches the overbought threshold.

    NZD/JPY daily chart

    The bulls' tenacity to sustain their positions above the 20-day SMA remains unshaken. This, combined with the near-overbought daily technical indicators, reinforces the superior technical vim of the Kiwi against the Yen. The consecutive failed attempts from the sellers to breach the 96.30 point, a strong support, led to the bulls' momentum which catalyzed the surge to fresh highs.

    For the following trading sessions, the cross may oscillate between the immediate support at 97.00 and the resistance target at 98.00. Investors need to keep an eye on a possible break above the mentioned range or a fall below the 20-day SMA mark which could signal a deeper correction.

     

    NZD/JPY

    Overview
    Today last price 97.78
    Today Daily Change 0.52
    Today Daily Change % 0.53
    Today daily open 97.26
     
    Trends
    Daily SMA20 96.5
    Daily SMA50 94.45
    Daily SMA100 92.9
    Daily SMA200 91.11
     
    Levels
    Previous Daily High 97.31
    Previous Daily Low 96.82
    Previous Weekly High 97.25
    Previous Weekly Low 95.62
    Previous Monthly High 96.74
    Previous Monthly Low 90.83
    Daily Fibonacci 38.2% 97.12
    Daily Fibonacci 61.8% 97.01
    Daily Pivot Point S1 96.94
    Daily Pivot Point S2 96.64
    Daily Pivot Point S3 96.45
    Daily Pivot Point R1 97.44
    Daily Pivot Point R2 97.62
    Daily Pivot Point R3 97.93

     

     

  • 20.06.2024 22:24
    NZD/JPY Price Analysis: Cross extends gains, establishes fresh highs above 97.00
    • The cross resumed its gains, establishing new cycle highs at levels exceeding 97.00.
    • The daily chart continues to display resilience, increasing chances for the upward trend to persist.

    On Thursday, the NZD/JPY cross made further gains, moving past the previous resistance at 97.00 and setting a fresh cycle high. At the start of the week, support around the 20-day Simple Moving Average (SMA) at 96.30 held strong as buyers swiftly stepped in to overpower the sellers' efforts to breach this level.

    The daily Relative Strength Index (RSI) for NZD/JPY currently stands at 62, denoting a climb from Wednesday's reading and overall positive momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) for today prints decreasing red bars, signifying a reduction in selling pressure.

    NZD/JPY daily chart

    The bull's resolve to keep its position above the 20-day SMA remains steadfast. This, coupled with the resilience of the daily technical indicators, highlights a clear technical strength of the Kiwi over the Yen. The three consecutive failed attempts from the sellers to breach the 96.30 mark fuelled the buyers' momentum, which paved the way for the climb to fresh highs.

    Going forward, the trading sessions may witness the cross oscillate between the immediate support at 97.00 and the resistance target of 98.00. Close monitoring of the breach above the current consolidation range or a dip below the 20-SMA mark could potentially provide insights into future movements.

     

    NZD/JPY

    Overview
    Today last price 97.25
    Today Daily Change 0.33
    Today Daily Change % 0.34
    Today daily open 96.92
     
    Trends
    Daily SMA20 96.42
    Daily SMA50 94.34
    Daily SMA100 92.83
    Daily SMA200 91.06
     
    Levels
    Previous Daily High 97.02
    Previous Daily Low 96.66
    Previous Weekly High 97.25
    Previous Weekly Low 95.62
    Previous Monthly High 96.74
    Previous Monthly Low 90.83
    Daily Fibonacci 38.2% 96.8
    Daily Fibonacci 61.8% 96.88
    Daily Pivot Point S1 96.71
    Daily Pivot Point S2 96.51
    Daily Pivot Point S3 96.36
    Daily Pivot Point R1 97.07
    Daily Pivot Point R2 97.22
    Daily Pivot Point R3 97.42

     

     

  • 19.06.2024 21:42
    NZD/JPY Price Analysis: Kiwi drops but remains near the 97.00 level
    • The Kiwi records losses against the Yen but the outlook remains strong.
    • Daily chart indicators display resilience, suggesting a potential continuation of the upward trend.

    During Wednesday's session, the NZD/JPY pair experienced a mild setback, dropping below the 97.00 point. Nonetheless, the 20-day Simple Moving Average (SMA) at 96.30 demonstrated its resilience once again at the start of the week, effectively staving off the sellers' attempts to breach it.

    The daily Relative Strength Index (RSI) for NZD/JPY now registers 61, indicating a decrease from Tuesday's standpoint but still showcasing an overall positive momentum. Conversely, the Moving Average Convergence Divergence (MACD) displays static red bars, suggesting a steady selling pressure.

    NZD/JPY daily chart

    The buyers, in a show of persistence, continue to maintain their positions above the 20-day Simple Moving Average (SMA), reinforcing the bullish trend's sustainability. The persistence of the daily technical indicators suggests a determination among market players to bring an end to the consolidation phase and buyers appear to be making a comeback following a short retreat.

    Upcoming trading sessions may see the pair navigate between support levels at 96.30 (20-day SMA) and the resistance level at 97.00.

     

    NZD/JPY

    Overview
    Today last price 96.9
    Today Daily Change -0.08
    Today Daily Change % -0.08
    Today daily open 96.98
     
    Trends
    Daily SMA20 96.35
    Daily SMA50 94.23
    Daily SMA100 92.76
    Daily SMA200 91.01
     
    Levels
    Previous Daily High 97.02
    Previous Daily Low 96.36
    Previous Weekly High 97.25
    Previous Weekly Low 95.62
    Previous Monthly High 96.74
    Previous Monthly Low 90.83
    Daily Fibonacci 38.2% 96.77
    Daily Fibonacci 61.8% 96.61
    Daily Pivot Point S1 96.55
    Daily Pivot Point S2 96.12
    Daily Pivot Point S3 95.88
    Daily Pivot Point R1 97.22
    Daily Pivot Point R2 97.46
    Daily Pivot Point R3 97.89

     

     

1 / 2

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location