Today's JPY to NZD Price Update

Summary

This report provides the real-time exchange rate between the Japanese Yen (JPY) and New Zealand Dollar (NZD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Japanese Yen (JPY) is a major global fiat currency and safe-haven asset, while the New Zealand Dollar (NZD) represents the economic interests of New Zealand and the broader Asia-Pacific region. The exchange rate between them reflects market sentiment toward both economies and serves as a key indicator for regional forex traders.

Today’s Price

• 1 JPY = 0.0106 NZD
• 24h High: 0.010716 NZD
• 24h Low: 0.010576 NZD

Market Analysis

The NZD/JPY currency pair is currently trading within a defined technical range, with traders monitoring key support and resistance levels for directional cues.

• Technical levels: Key support at 93.00, 92.50, and 92.00; resistance at 95.00, 95.50, and 96.00
• Technical indicators: MACD(12,26) signals a sell condition (-0.04); Fibonacci pivot point performance value stands at 94.10
• Market sentiment: Technical analysis indicates a buy rating with bullish trend prevailing on the weekly timeframe
• Trading opportunities: Monitor pivot point levels across multiple methodologies (Fibonacci, Camarilla, Woodie’s, DeMark’s) for potential entry and exit points within the established support and resistance zones

Conclusion

Continue to monitor the JPY/NZD pair closely, integrating technical pivot points and indicator signals with market conditions. Traders should focus on established support and resistance levels while remaining alert to shifts in market sentiment that could trigger breakouts beyond current trading ranges.