Analysis of the NZDJPY Currency Pair for 28.01.2026

Currency Pair Analysis based on Modified Wave Analysis, Fibonacci Levels, and Price Channels.

28.01.2026.     

NZDJPY

       The trend is bullish. The currency pair is trading within the range of the 365 and 135 EMAs. A bearish truncated wave structure has completed with a breakout of the descending channel. The Awesome Oscillator shows bullish divergence, while the Stochastic Oscillator confirms bullish divergence as well.

Trading Idea:

Buy on a breakout above 92.130

Stop Loss: 91.415.

Target levels: 92.930; 93.900.