88.642
Today
+0.10%
5 Days
-0.50%
1 Month
-3.24%
6 Months
-2.17%
Year to Date
-1.73%
1 Year
+3.24%
Opening Price
88.402Previous Closing Price
88.548
The downside prevails as long as 89.37 is resistance, with 88.30 and 88.10 as targets
above 89.37, look for 89.70 and 89.90.
The downside prevails as long as 89.37 is resistance, with 88.30 and 88.10 as targets
The Australian Dollar trades near 111.00 against the Yen and the New Zealand Dollar near 89.50, both a little higher and both a long way below where they were in August.
The NZD/JPY consolidates during the week, although it posted losses of over 0.44% on Tuesday, on solid Japanese economic data. Additionally, the risk-off mood, which has boosted safe-haven peers like the Yen, exerted downward pressure on the cross-pair, which trades at 87.41, virtually unchanged.
The NZD/JPY rallied sharply and posted gains of over 1%, trading at 87.69 after bouncing off daily lows of 86.56, clearing key technical resistance levels, as the pair seems poised to challenge the year-to-date (YTD) high of 89.71.
NZD/JPY climbed over 0.75% on Thursday amid a session that witnessed an escalation of the Trump-Musk fight on social media, which ultimately sent Testla (TSLA) stocks plunging over 14% during the day.
NZD/JPY retreated after reaching a three-day high of 86.82, dropping towards the 86.00 figure as market appetite turned slightly sour.
The NZD/JPY begins Tuesday’s Asian session flat after registering minimal gains of over 0.24% on Monday amid a risk-on mood. At the time of writing, the cross-pair trades at 86.13, unchanged.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
