NZD/JPY PRICE ANALYSIS: The crossing maintains profits about 85.90 in the middle of a mixed impulse

  • The NZD/JPY quotes near the area of ​​85.90 with minor profits on Monday.
  • The crossing maintains a cautious bullish perspective despite mixed technical signs.
  • The key support is grouped below 85.80, with resistance about 86.00.

The NZD/JPY torque is quoting near the area of ​​85.90 on Monday, reflecting minor profits as the market approaches the Asian session. Despite the recent increase, the broader technical image remains mixed, with contradictory signs in the short and long -term indicators, keeping the cautious operators.

The daily technical perspective has a complex mixture of signals. The Relative Force Index (RSI) is in the 50s, suggesting a neutral momentum, while the convergence/divergence indicator of mobile socks (MACD) indicates sales pressure, potentially limiting additional gains. However, the Bull Bear Power indicator favors the purchase, reflecting the recent strength of the torque, while the Awesome Oscillator remains around 1, indicating a mostly neutral momentum. Meanwhile, stock %K (14, 3, 3) in the 40s further support this neutral posture, underlining the lack of a clear short -term trend.

Mobile socks paint an equally mixed image. The shortest averages, including the exponential mobile socks (EMA) and simple mobile socks (SMA) of 20 and 30 days, all in the 80s, support a purchase signal, aligning with the recent upward tone of the torque. In contrast, the SMA of 100 and 200 days in the long term remain bassists, highlighting the continuous divergence between short and long term trends.

As you approach the 4 -hour time frame, the technical perspective becomes slightly more positive. The 4 -hour MACD level (12, 26) indicates a purchase momentum, reflecting the recent gains of the torque, while the rapid 4 -hour RSI stock (3, 3, 14, 14) and the relative force index (14) of 4 hours remain neutral, suggesting the potential of a short -term continuous increase. The EMA and SMA of 10 periods of 4 hours also support the purchase, although the EMA of 20 periods presents a contrasting sales signal, highlighting the risk of short -term setbacks despite the broader bullish tone.

For now, immediate support is seen around 85.83, with additional levels at 85.76 and 85.71. On the positive side, the resistance will probably emerge around 85.99, closely followed by 86.03 and 86.12, potentially limiting additional profits as the pair tries to break the upper end of its recent range.

Daily graph

Source: Fx Street

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