EconoTimes
NZDJPY Bullish Above 93 as Yen Stumbles - Buy Signal Triggers at 93.50
⏷ This article is from 2026-08-10 • More recent news →
xCruzo Brief
NZD/JPY is described as bullish above the 93 area, with a “buy signal” triggered at 93.50 as the yen stumbles. The trading note outlines a broader FX bias and highlights multiple pair-specific views: USD/JPY is advancing as traders test Japan’s intervention resolve, while EUR/USD is portrayed as moving past 1.1560 on softer U.S. jobs data and a Fed rate-cut surge. The piece also notes risk around key U.S. payrolls data, with USD/JPY expected to hold a tight range ahead of that release. For NZD/JPY, it warns “bears lie in wait,” suggesting selling rallies at 93 with a 94 stop.
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