NZD/JPY Price Analysis: Mixed technical outlook with sideways movement
Source Fxstreet
- NZD/JPY has been trading sideways recently, with mixed signals from technical indicators.
- The pair is currently supported at 90.70 and faces resistance at 91.90.
- There are some signs of bearish momentum mounting which could threaten the 20-day SMA.
Friday's trading saw the NZD/JPY pair continue its sideways movement of the past sessions. The pair exhibits a range-bound pattern with no significant upward or downward spikes. By the end of the week the cross mildly rose to 91.20, but the outlook remains neutral.
Technical indicators provide mixed signals regarding the NZD/JPY's future direction. The Relative Strength Index (RSI) sits at 53, indicating positive territory for the pair. The upward slope of the RSI suggests a steady buying pressure. However, the Moving Average Convergence Divergence (MACD) shows signs of increasing selling pressure, with rising red bars in the histogram.
Support levels lie at 91.00 (20-day Simple Moving Average (SMA)), 90.70, and 90.50. Conversely, resistance levels are found at 91.30, 91.50, and 91.70. These levels define the range within which the NZD/JPY has been trading recently.
NZD/JPY Daily chart
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
2025 Black Friday is coming! Which stocks may see volatility?Coming on the day right after Thanksgiving in the United States, Back Friday marks the start of the holiday shopping season. Sales data from this shopping frenzy day reflects investor confidence and consumer trends.
The National Retail Federation (NRF) predicts that holiday season (Nov and Dec) retail sales in 2025 will likely exceed $1 trillion for the very first time, which represents a year-over-year increase of 3.7 to 4.2 percent.
Historic data from the past decade show that the retail sector has generally outperformed the S&P 500 during the weeks before and after Black Friday.
The following retailing companies are expected to be big winners:
Coming on the day right after Thanksgiving in the United States, Back Friday marks the start of the holiday shopping season. Sales data from this shopping frenzy day reflects investor confidence and consumer trends.
The National Retail Federation (NRF) predicts that holiday season (Nov and Dec) retail sales in 2025 will likely exceed $1 trillion for the very first time, which represents a year-over-year increase of 3.7 to 4.2 percent.
Historic data from the past decade show that the retail sector has generally outperformed the S&P 500 during the weeks before and after Black Friday.
The following retailing companies are expected to be big winners:
Bitcoin Bleeds to $86K, But This Key Indicator Screams "The Top Isn't In"Bitcoin’s adjusted Spent Output Profit Ratio (aSOPR) has spent nearly two years coiling below the extremes seen at past bull-market peaks, even as BTC trades around $86,300 and down 9% on the week — a setup that leaves open the possibility that this cycle’s true top may still lie ahead.
Bitcoin’s adjusted Spent Output Profit Ratio (aSOPR) has spent nearly two years coiling below the extremes seen at past bull-market peaks, even as BTC trades around $86,300 and down 9% on the week — a setup that leaves open the possibility that this cycle’s true top may still lie ahead.
Bitcoin Price Rebound Gains Traction with $90K Break in SightBitcoin is trading above $87,000 and its 100-hour SMA after rebounding from $83,500, with a bearish trend line at $88,200 and resistance at $89,000–$90,000 now in focus as BTC either breaks higher toward $91,750–$94,000 or slips back toward $86,700, $85,000 and lower supports.
Bitcoin is trading above $87,000 and its 100-hour SMA after rebounding from $83,500, with a bearish trend line at $88,200 and resistance at $89,000–$90,000 now in focus as BTC either breaks higher toward $91,750–$94,000 or slips back toward $86,700, $85,000 and lower supports.
Bitcoin price action shows signs of a potential short squeeze as it hovers near $88,000, with analysts watching liquidity dynamics that could push it toward $89,000 or retrace to $85,000.
Ethereum Reclaims $3K Handle—Is a Breakout Imminent?Ethereum has jumped back above $3,000 and reclaimed key Fib levels, with a bullish trend line at $2,880 and strong MACD/RSI readings putting a breakout above $3,120–$3,165 — and a possible run toward $3,320–$3,350 — on the table, as long as support around $2,980–$2,920 holds.
Ethereum has jumped back above $3,000 and reclaimed key Fib levels, with a bullish trend line at $2,880 and strong MACD/RSI readings putting a breakout above $3,120–$3,165 — and a possible run toward $3,320–$3,350 — on the table, as long as support around $2,980–$2,920 holds.
