In Thursday's session, the NZD/JPY declined to 90.40, with a decline of 0.43%. Bears are in control after successfully conquering the 100-day Simple Moving Average (SMA) while the selling momentum seems to have flattened on the hourly time frame.
On the daily chart, the NZD/JPY pair exhibits a faltering momentum. Despite intermittent upticks, the Relative Strength Index (RSI) has spent much of the last sessions in negative territory, indicating a dominance of sellers. The Moving Average Convergence Divergence (MACD) complements this view as it showcases rising red bars, pointing toward an increase in negative momentum.
Switching to the hourly chart, RSI values are mildly oscillating in the negative territory with the latest reading clocked at 42. The hourly MACD histogram adds to the complexity as it reveals green bars that suggest the downward momentum might be slowing. Comparing the daily and hourly charts, contrasting signals hint at a period of consolidation for NZD/JPY before a clearer direction emerges.
On a larger scale, the pair resides now below the 20 and 100-day Simple Moving Averages (SMAs), indicating bearishness. Yet, its position above the 200-day SMA adds a hint of bullish potential. However, as bearish momentum is growing, the sellers might attack the longer moving average to confirm the negative trend.
Overview | |
---|---|
Today last price | 90.4 |
Today Daily Change | -0.38 |
Today Daily Change % | -0.42 |
Today daily open | 90.78 |
Trends | |
---|---|
Daily SMA20 | 91.13 |
Daily SMA50 | 91.17 |
Daily SMA100 | 90.51 |
Daily SMA200 | 89.13 |
Levels | |
---|---|
Previous Daily High | 91.07 |
Previous Daily Low | 90.61 |
Previous Weekly High | 92.2 |
Previous Weekly Low | 90.52 |
Previous Monthly High | 93.45 |
Previous Monthly Low | 89.26 |
Daily Fibonacci 38.2% | 90.79 |
Daily Fibonacci 61.8% | 90.9 |
Daily Pivot Point S1 | 90.57 |
Daily Pivot Point S2 | 90.36 |
Daily Pivot Point S3 | 90.11 |
Daily Pivot Point R1 | 91.03 |
Daily Pivot Point R2 | 91.28 |
Daily Pivot Point R3 | 91.49 |
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