- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- NZD/JPY Price Analysis: Cross reached multi-year highs, upside appears limited
NZD/JPY Price Analysis: Cross reached multi-year highs, upside appears limited
- Kiwi shows signs of fatigue against the Yen, after reaching highest level since June 2007 on Thursday.
- Indicators on the daily chart suggest potential further consolidation, with trading confined between 95.00 and 97.00.
- A retest of the 97.00 level is possible, but a breach is unlikely as buyers consolidate gains from the significant ascent in May.
On Thursday, the NZD/JPY pair exhibited signs of fatigue, following its advancement to the multi-year highs logged earlier in the week. Clearly, the technical landscape suggests an extension of the consolidation phase, potentially keeping the pair's upside movements capped below the psychological 97.00 level.
The daily Relative Strength Index (RSI) for NZD/JPY has slightly retreated to 59, indicative of a waning in the bullish momentum. The Moving Average Convergence Divergence (MACD) continues to print flat red bars, further endorsing the perspective of ongoing consolidation.
NZD/JPY daily chart
The continuous presence of buyers above the 20-day Simple Moving Average (SMA) indicates their effort to sustain the bullish push. Yet, the recent exhaustion signal demonstrated by the daily technical indicators supports the market's need to consolidate following the significant surge recorded in May. The upcoming trading sessions might see the pair oscillate between the 95.00 level, serving as support, and the 97.00 level, acting as resistance, as the pair looks to stabilize after recent gains.
The longer-term SMAs established around 90.00 - 92.00 safeguard the overall bullish complexion of the pair.
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
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.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
