{"id":197289,"date":"2023-11-21T02:14:45","date_gmt":"2023-11-20T20:44:45","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=197289"},"modified":"2023-11-21T02:14:45","modified_gmt":"2023-11-20T20:44:45","slug":"nzd-jpy-extends-losses-as-bulls-struggle-to-gather-momentum-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/nzd-jpy-extends-losses-as-bulls-struggle-to-gather-momentum-crypto-news\/","title":{"rendered":"NZD\/JPY extends losses, as bulls struggle to gather momentum &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>NZD\/JPY sits at 89.50, noting minor losses as market sentiment skews somewhat bearish<\/strong><\/li>\n<li><strong>Subdued buying momentum is signalled by the RSI&#8217;s negative gradient on the daily chart and the diminishing green bars of the MACD histogram.<\/strong><\/li>\n<li><strong>On the broader context, the pair&#8217;s ascendancy above the 20, 100, 200-day SMA suggests bullish control.<\/strong><\/li>\n<\/ul>\n<p>On Monday&#8217;s session, the NZD\/JPY pair was seen trading at around 89.50, suffering slight losses. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/indicators\">Indicators<\/a> reflect that the buying momentum is diminishing after the pair rose to a multi-year high of around 2015 last week, as investors continue to take profits.<\/p>\n<p>On the daily <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/chart\">chart<\/a>, the negative slope of the Relative Strength Index (RSI), though within the positive territory, along with the decreasing green bars of the Moving Average Convergence Divergence (MACD), hint towards a slowdown in buying momentum. However, the pair&#8217;s position above its 20, 100, and 200-day Simple Moving Averages (SMAs) suggests that bulls have a firm grip on the broader outlook, indicative of possible resiliency in the buying pressure.<\/p>\n<p>A glimpse at the shorter time frame based on the four-hour chart <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a> adds a different perspective. The flat slope of the Relative Strength Index (RSI) below its middlepoint\u00a0next to the decreasing green red of the four-hour Moving Average Convergence Divergence (MACD) hinders the selling momentum, indicating that in the near short-term, the buyers may step in.<\/p>\n<p>Support Levels: 89.10, 88.84 (20-day SMA), 88.50.<br \/>Resistance Levels: 89.70, 90.00, 90.30.<\/p>\n<h2 class=\"fxs_headline_medium\">NZD\/JPY daily chart<\/h2>\n<p>\u00a0<\/p>\n<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: NZD\/JPY sits at 89.50, noting minor losses as market sentiment skews somewhat bearish Subdued buying momentum is signalled by the RSI&#8217;s negative gradient on the daily chart and the diminishing green bars of the MACD histogram. On the broader context, the pair&#8217;s ascendancy above the 20, 100, 200-day SMA suggests bullish control. On Monday&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":54117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,298,257,276,255,250,5192,252,247,253,249,256,254],"class_list":["post-197289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-crosses","tag-cryptocurrency","tag-currencies","tag-gta","tag-looks-rare","tag-nzdjpy","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/197289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=197289"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/197289\/revisions"}],"predecessor-version":[{"id":197291,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/197289\/revisions\/197291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/54117"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=197289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=197289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=197289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}