{"id":55463,"date":"2026-10-18T20:15:37","date_gmt":"2026-10-18T16:15:37","guid":{"rendered":"https:\/\/fxglory.com\/forex-market\/market\/market\/analysis\/nzd-jpy-forecast-2026-10-19\/"},"modified":"2026-10-25T05:54:04","modified_gmt":"2026-10-25T01:54:04","slug":"nzd-jpy-forecast-2026-10-19","status":"publish","type":"market_article","link":"https:\/\/fxglory.com\/zh-hans\/forex-market\/currency-pairs\/nzd-jpy\/forecast\/nzd-jpy-forecast-2026-10-19\/","title":{"rendered":"NZD\/JPY Weekly Forecast: 18\u201324 October 2026"},"content":{"rendered":"<div class=\"fxch-forecast-article\">\n<div class=\"fxch-forecast-content\">\n<div class=\"fxch-forecast-header\">\n<p class=\"fxch-forecast-dek\">The weekly framework remains bearish on D1, but mixed momentum and a bullish H4 recovery make the path conditional rather than one-directional.<\/p>\n<\/div>\n<div class=\"fxch-forecast-status fxch-forecast-status--superseded\" role=\"status\"><strong>Superseded forecast:<\/strong> A newer weekly outlook is available. <a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/forecast\/?fxch_latest=1&#038;from=55463\">Read the latest NZD\/JPY forecast<\/a>.<\/div>\n<div class=\"fxch-forecast-chart-card\">\n<figure class=\"ce-content-image fxch-forecast-article-figure\"><img loading=\"lazy\" width=\"1680\" height=\"960\" src=\"https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-technical-analysis-for-10.24.2026-1680x960.png\" class=\"ce-lightbox-trigger\" alt=\"NZD\/JPY D1 technical analysis chart\" role=\"button\" tabindex=\"0\" aria-label=\"Open NZD\/JPY technical chart\" loading=\"lazy\" decoding=\"async\" data-full-src=\"https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-technical-analysis-for-10.24.2026.png\" srcset=\"https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-technical-analysis-for-10.24.2026-1680x960.png 1680w, https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-technical-analysis-for-10.24.2026-300x171.png 300w, https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-technical-analysis-for-10.24.2026-1024x585.png 1024w, https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-technical-analysis-for-10.24.2026-768x439.png 768w, https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-technical-analysis-for-10.24.2026-1536x878.png 1536w, https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-technical-analysis-for-10.24.2026-2048x1170.png 2048w\" sizes=\"auto, (max-width: 1680px) 100vw, 1680px\" \/><figcaption>NZD\/JPY D1 technical-analysis context for the weekly forecast. Chart data captured 24 October 2026.<\/figcaption><\/figure>\n<aside class=\"fxch-forecast-chart-card__panel\" aria-label=\"NZD\/JPY weekly forecast summary\">\n<p class=\"fxch-forecast-chart-card__kicker\">Weekly forecast<\/p>\n<p class=\"fxch-forecast-chart-card__pair\">NZD\/JPY<\/p>\n<p class=\"fxch-forecast-chart-card__range\">18\u201324 Oct 2026<\/p>\n<p class=\"fxch-forecast-chart-card__bias fxch-forecast-chart-card__bias--negative\"><span>Bias<\/span> Bearish<\/p>\n<div class=\"fxch-forecast-chart-card__latest\"><span class=\"fxch-forecast-chart-card__label\">Price at last update<\/span><span class=\"fxch-forecast-chart-card__price\">89.386<\/span><span class=\"fxch-forecast-chart-card__time\">Updated 24 Oct 2026 02:50 GMT+3<\/span><\/div>\n<dl class=\"fxch-forecast-chart-card__levels\">\n<div class=\"fxch-forecast-chart-card__level--support\">\n<dt>Support<\/dt>\n<dd>88.231<\/dd>\n<\/div>\n<div class=\"fxch-forecast-chart-card__level--resistance\">\n<dt>Resistance<\/dt>\n<dd>90.114<\/dd>\n<\/div>\n<\/dl>\n<\/aside>\n<\/div>\n<section id=\"weekly-at-a-glance\" class=\"fxch-forecast-section\">\n<h2>NZD\/JPY Weekly Forecast at a Glance<\/h2>\n<div class=\"fxch-forecast-summary-grid\">\n<div class=\"fxch-forecast-summary-card fxch-forecast-summary-card--price\"><span class=\"fxch-forecast-summary-card__label\">Price at last update<\/span><strong class=\"fxch-forecast-summary-card__value\">89.386<\/strong><small class=\"fxch-forecast-summary-card__note\">Updated 24 Oct 2026 02:50 GMT+3<\/small><\/div>\n<div class=\"fxch-forecast-summary-card fxch-forecast-summary-card--bias fxch-forecast-summary-card--bias-negative\"><span class=\"fxch-forecast-summary-card__label\">Weekly bias<\/span><strong class=\"fxch-forecast-summary-card__value\">Bearish<\/strong><small class=\"fxch-forecast-summary-card__note\">The bearish classification is led by D1 trend and falling moving-average structure, while bullish H4 conditions and mixed momentum reduce the immediacy of the downside case.<\/small><\/div>\n<div class=\"fxch-forecast-summary-card fxch-forecast-summary-card--timeframe\"><span class=\"fxch-forecast-summary-card__label\">Primary timeframe<\/span><strong class=\"fxch-forecast-summary-card__value\">D1<\/strong><small class=\"fxch-forecast-summary-card__note\">Controls the weekly thesis<\/small><\/div>\n<div class=\"fxch-forecast-summary-card fxch-forecast-summary-card--timeframe\"><span class=\"fxch-forecast-summary-card__label\">Tactical timeframe<\/span><strong class=\"fxch-forecast-summary-card__value\">H4<\/strong><small class=\"fxch-forecast-summary-card__note\">Confirmation and warning signals<\/small><\/div>\n<div class=\"fxch-forecast-summary-card fxch-forecast-summary-card--validity\"><span class=\"fxch-forecast-summary-card__label\">Validity<\/span><strong class=\"fxch-forecast-summary-card__value\">18\u201324 Oct 2026<\/strong><small class=\"fxch-forecast-summary-card__note\">Through 24 October 2026<\/small><\/div>\n<\/div>\n<div class=\"fxch-forecast-answer\">\n<div class=\"fxch-forecast-answer__head\">\n<h3><svg class=\"fxch-forecast-answer__icon\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.7\" stroke-linecap=\"round\" stroke-linejoin=\"round\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M14 3H6a2 2 0 0 0-2 2v14a2 2 0 0 0 2 2h12a2 2 0 0 0 2-2V9z\"\/><path d=\"M14 3v6h6M8 13h8M8 17h5\"\/><\/svg>In brief<\/h3>\n<div class=\"fxch-forecast-answer__badges\"><span class=\"fxch-forecast-answer__status\">Superseded<\/span><span class=\"fxch-forecast-answer__pair\">NZD\/JPY<\/span><\/div>\n<\/div>\n<div class=\"fxch-forecast-answer__summary\">\n<p class=\"fxch-forecast-answer__thesis\">The weekly bias is bearish, although bullish H4 momentum and mixed D1 momentum leave room for consolidation or a countertrend recovery.<\/p>\n<p>The controlling D1 picture is bearish: the 88.793 close is below the 89.13612 EMA20, 90.48338 EMA50 and 92.54713 SMA200, while both the EMA50 and SMA200 slopes are falling. The close sequence is mixed, so the broader downside structure is not advancing with uniform momentum.<\/p>\n<p>H4 currently complicates the D1 thesis rather than replacing it. Its 89.324 close is above the 88.91157 EMA20 and 88.80515 EMA50, with positive MACD and RSI at 61.58, indicating tactical recovery pressure. A move through the supplied H4 resistance at 89.424 could keep that pressure active, while the D1 framework remains centered on 88.231 support and 90.11377 resistance.<\/p>\n<\/div>\n<dl class=\"fxch-forecast-brief\">\n<div class=\"fxch-forecast-brief__row\">\n<dt>Bullish targets<\/dt>\n<dd>\n<ol class=\"fxch-forecast-brief__targets fxch-forecast-positive\">\n<li><span>T1<\/span><strong>90.48338<\/strong><\/li>\n<li><span>T2<\/span><strong>92.451<\/strong><\/li>\n<\/ol>\n<\/dd>\n<\/div>\n<div class=\"fxch-forecast-brief__row\">\n<dt>Bearish targets<\/dt>\n<dd>\n<ol class=\"fxch-forecast-brief__targets fxch-forecast-negative\">\n<li><span>T1<\/span><strong>87.54656 (projected)<\/strong><\/li>\n<li><span>T2<\/span><strong>86.86212 (projected)<\/strong><\/li>\n<\/ol>\n<\/dd>\n<\/div>\n<div class=\"fxch-forecast-brief__row fxch-forecast-brief__row--invalidation\">\n<dt>Invalidation<\/dt>\n<dd>One completed D1 close above <strong>90.38755<\/strong>.<\/dd>\n<\/div>\n<\/dl>\n<div class=\"fxch-forecast-brief__calendar\">\n<h4>Selected key events<\/h4>\n<ul class=\"fxch-forecast-brief__events\" role=\"list\">\n<li><span class=\"fxch-forecast-brief__event\">CPI q\/q<\/span><span class=\"fxch-forecast-brief__when\">22 Oct 2026 00:45 GMT+3<\/span><span class=\"fxch-forecast-brief__impact\"><span class=\"fxch-forecast-impact fxch-forecast-impact--high\"><span class=\"fxch-forecast-impact__bars\" aria-hidden=\"true\"><i><\/i><i><\/i><i><\/i><\/span>High<\/span><\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div class=\"fxch-forecast-table-wrap\">\n<table>\n<caption>NZD\/JPY weekly forecast figures<\/caption>\n<tbody>\n<tr>\n<th scope=\"row\">Price at last update<\/th>\n<td>89.386 as of 24 Oct 2026 02:50 GMT+3<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Completed D1 reference close<\/th>\n<td>88.793 as of 15 October 2026<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Primary support<\/th>\n<td>88.231<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Secondary support<\/th>\n<td>\u2014<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Primary resistance<\/th>\n<td>90.114<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Bullish targets<\/th>\n<td>90.48338, 92.451<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Bearish targets<\/th>\n<td>87.54656 (projected), 86.86212 (projected)<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Formal weekly thesis invalidation<\/th>\n<td>Upper 90.388 \u2014 One completed D1 close above 90.388 formally invalidates the bearish weekly thesis.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/section>\n<section id=\"live-tools\" class=\"fxch-forecast-section\">\n<h2>Live NZD\/JPY Tools<\/h2>\n<div class=\"fxch-forecast-tools\">\n<p class=\"fxch-forecast-tools__lede\">A forecast is a snapshot. These pages keep moving with the market.<\/p>\n<ul class=\"fxch-forecast-tools__grid\" role=\"list\">\n<li class=\"fxch-forecast-tools__card fxch-forecast-tools__card--wide fxch-forecast-tools__card--featured\"><span class=\"fxch-forecast-tools__live\">Live<\/span><br \/>\n<h3 class=\"fxch-forecast-tools__name\"><a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/\">Live chart &amp; price<\/a><\/h3>\n<p class=\"fxch-forecast-tools__desc\">Watch NZD\/JPY move tick by tick. Flip from the 1-minute chart to the monthly, with trading conditions right alongside.<\/p>\n<p><span class=\"fxch-forecast-tools__cta\" aria-hidden=\"true\">Open the live chart <svg viewBox=\"0 0 24 24\" focusable=\"false\"><path d=\"M5 12h14M13 6l6 6-6 6\"\/><\/svg><\/span><\/p>\n<div class=\"fxch-forecast-tools__art\" aria-hidden=\"true\"><svg viewBox=\"0 0 400 72\" preserveAspectRatio=\"none\" focusable=\"false\"><path class=\"fxch-forecast-tools__art-fill\" d=\"M0 52 28 46 52 55 84 38 112 44 140 30 172 40 204 24 236 33 268 18 300 27 332 12 364 20 388 8H400V72H0Z\"\/><path class=\"fxch-forecast-tools__art-line\" d=\"M0 52 28 46 52 55 84 38 112 44 140 30 172 40 204 24 236 33 268 18 300 27 332 12 364 20 388 8\"\/><\/svg><span class=\"fxch-forecast-tools__art-dot\"><\/span><\/div>\n<\/li>\n<li class=\"fxch-forecast-tools__card fxch-forecast-tools__card--wide\"><span class=\"fxch-forecast-tools__live\">Live<\/span><br \/>\n<h3 class=\"fxch-forecast-tools__name\"><a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/technical\/\">Technical signals<\/a><\/h3>\n<p class=\"fxch-forecast-tools__desc\">Buy, sell or sit it out? Oscillators, moving averages and pivot points boiled down to one clear reading, updated live.<\/p>\n<p><span class=\"fxch-forecast-tools__cta\" aria-hidden=\"true\">See today&#039;s signals <svg viewBox=\"0 0 24 24\" focusable=\"false\"><path d=\"M5 12h14M13 6l6 6-6 6\"\/><\/svg><\/span><\/p>\n<div class=\"fxch-forecast-tools__art\" aria-hidden=\"true\"><svg class=\"fxch-forecast-tools__art-bars\" viewBox=\"3 0 400 72\" preserveAspectRatio=\"none\" focusable=\"false\"><rect x=\"8\" y=\"30\" width=\"10\" height=\"12\"\/><rect x=\"28\" y=\"24\" width=\"10\" height=\"18\"\/><rect x=\"48\" y=\"16\" width=\"10\" height=\"26\"\/><rect x=\"68\" y=\"22\" width=\"10\" height=\"20\"\/><rect x=\"88\" y=\"32\" width=\"10\" height=\"10\"\/><rect x=\"108\" y=\"42\" width=\"10\" height=\"8\"\/><rect x=\"128\" y=\"42\" width=\"10\" height=\"16\"\/><rect x=\"148\" y=\"42\" width=\"10\" height=\"22\"\/><rect x=\"168\" y=\"42\" width=\"10\" height=\"14\"\/><rect x=\"188\" y=\"36\" width=\"10\" height=\"6\"\/><rect x=\"208\" y=\"26\" width=\"10\" height=\"16\"\/><rect x=\"228\" y=\"14\" width=\"10\" height=\"28\"\/><rect x=\"248\" y=\"8\" width=\"10\" height=\"34\"\/><rect x=\"268\" y=\"18\" width=\"10\" height=\"24\"\/><rect x=\"288\" y=\"30\" width=\"10\" height=\"12\"\/><rect x=\"308\" y=\"42\" width=\"10\" height=\"10\"\/><rect x=\"328\" y=\"42\" width=\"10\" height=\"18\"\/><rect x=\"348\" y=\"42\" width=\"10\" height=\"9\"\/><rect x=\"368\" y=\"28\" width=\"10\" height=\"14\"\/><rect x=\"388\" y=\"18\" width=\"10\" height=\"24\"\/><\/svg><\/div>\n<\/li>\n<li class=\"fxch-forecast-tools__card\"><span class=\"fxch-forecast-tools__icon\" aria-hidden=\"true\"><svg viewBox=\"0 0 24 24\" focusable=\"false\"><rect x=\"3\" y=\"4\" width=\"18\" height=\"17\" rx=\"2\"\/><path d=\"M8 2v4M16 2v4M3 10h18M8 15h2M14 15h2\"\/><\/svg><\/span><br \/>\n<h3 class=\"fxch-forecast-tools__name\"><a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/economic-calendar\/\">Economic calendar<\/a><\/h3>\n<p class=\"fxch-forecast-tools__desc\">Know what&#039;s coming before it hits the price: every scheduled release with impact, forecast and actual.<\/p>\n<p><span class=\"fxch-forecast-tools__cta\" aria-hidden=\"true\">Check the calendar <svg viewBox=\"0 0 24 24\" focusable=\"false\"><path d=\"M5 12h14M13 6l6 6-6 6\"\/><\/svg><\/span><\/li>\n<li class=\"fxch-forecast-tools__card\"><span class=\"fxch-forecast-tools__icon\" aria-hidden=\"true\"><svg viewBox=\"0 0 24 24\" focusable=\"false\"><path d=\"M3 3v16a2 2 0 0 0 2 2h16M9 5v4M9 15v2M17 3v2M17 13v3\"\/><rect x=\"7\" y=\"9\" width=\"4\" height=\"6\" rx=\"1\"\/><rect x=\"15\" y=\"5\" width=\"4\" height=\"8\" rx=\"1\"\/><\/svg><\/span><br \/>\n<h3 class=\"fxch-forecast-tools__name\"><a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/historical-data\/\">Historical data<\/a><\/h3>\n<p class=\"fxch-forecast-tools__desc\">Open, high, low and close on any timeframe from 1 minute to monthly. Test your idea, then download the data.<\/p>\n<p><span class=\"fxch-forecast-tools__cta\" aria-hidden=\"true\">Browse the history <svg viewBox=\"0 0 24 24\" focusable=\"false\"><path d=\"M5 12h14M13 6l6 6-6 6\"\/><\/svg><\/span><\/li>\n<li class=\"fxch-forecast-tools__card\"><span class=\"fxch-forecast-tools__icon\" aria-hidden=\"true\"><svg viewBox=\"0 0 24 24\" focusable=\"false\"><circle cx=\"12\" cy=\"12\" r=\"9.5\"\/><path d=\"m16.24 7.76-2.12 6.36-6.36 2.12 2.12-6.36z\"\/><\/svg><\/span><br \/>\n<h3 class=\"fxch-forecast-tools__name\"><a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/forecast\/\">All NZD\/JPY forecasts<\/a><\/h3>\n<p class=\"fxch-forecast-tools__desc\">Every weekly outlook in one place. Scroll back to see how earlier calls played out against the chart.<\/p>\n<p><span class=\"fxch-forecast-tools__cta\" aria-hidden=\"true\">Read past forecasts <svg viewBox=\"0 0 24 24\" focusable=\"false\"><path d=\"M5 12h14M13 6l6 6-6 6\"\/><\/svg><\/span><\/li>\n<\/ul>\n<\/div>\n<\/section>\n<section id=\"fundamental-drivers\" class=\"fxch-forecast-section\">\n<h2>NZD\/JPY Fundamental Drivers This Week<\/h2>\n<p>Scheduled economic events relevant to NZD\/JPY during 18\u201324 October 2026 include CPI q\/q. Directional impact depends on the released data relative to supplied expectations.<\/p>\n<p class=\"fxch-forecast-table-hint\">Scroll table sideways for more columns \u2192<\/p>\n<div class=\"fxch-forecast-table-wrap fxch-forecast-table-wrap--wide fxch-forecast-drivers\" tabindex=\"0\" role=\"region\" aria-label=\"Fundamental drivers table\">\n<table>\n<thead>\n<tr>\n<th scope=\"col\">Event<\/th>\n<th scope=\"col\">Scheduled<\/th>\n<th scope=\"col\">Importance<\/th>\n<th scope=\"col\">Consensus<\/th>\n<th scope=\"col\">Previous<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th scope=\"row\">CPI q\/q<\/th>\n<td>22 Oct 2026 00:45 GMT+3<\/td>\n<td><span class=\"fxch-forecast-impact fxch-forecast-impact--high\"><span class=\"fxch-forecast-impact__bars\" aria-hidden=\"true\"><i><\/i><i><\/i><i><\/i><\/span>High<\/span><\/td>\n<td>0.8%<\/td>\n<td>1.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/section>\n<section id=\"market-context\" class=\"fxch-forecast-section\">\n<h2>Current NZD\/JPY Price and Weekly Market Context<\/h2>\n<p>D1 controls the weekly thesis: the 88.793 close sits below the EMA20 at 89.13612, EMA50 at 90.48338 and SMA200 at 92.54713, with falling EMA50 and SMA200 slopes. Momentum is mixed rather than uniformly bearish, while H4 is bullish with a close at 89.324 above both H4 moving averages. The result is a bearish weekly structure with a credible tactical recovery risk.<\/p>\n<ul class=\"fxch-forecast-states\" role=\"list\">\n<li class=\"fxch-forecast-state fxch-forecast-state--negative\"><span class=\"fxch-forecast-state__icon\" aria-hidden=\"true\"><svg viewBox=\"0 0 24 24\" focusable=\"false\"><path d=\"M3 7l6 6 4-4 8 8\"\/><path d=\"M15 17h6v-6\"\/><\/svg><\/span><span class=\"fxch-forecast-state__label\">D1 trend<\/span><strong class=\"fxch-forecast-state__value\">bearish<\/strong><span class=\"fxch-forecast-state__basis\">Close vs 50 EMA and 200 SMA<\/span><\/li>\n<li class=\"fxch-forecast-state fxch-forecast-state--positive\"><span class=\"fxch-forecast-state__icon\" aria-hidden=\"true\"><svg viewBox=\"0 0 24 24\" focusable=\"false\"><path d=\"M3 17l6-6 4 4 8-8\"\/><path d=\"M15 7h6v6\"\/><\/svg><\/span><span class=\"fxch-forecast-state__label\">H4 tactical<\/span><strong class=\"fxch-forecast-state__value\">bullish<\/strong><span class=\"fxch-forecast-state__basis\">H4 close vs 20 and 50 EMA<\/span><\/li>\n<li class=\"fxch-forecast-state fxch-forecast-state--neutral\"><span class=\"fxch-forecast-state__icon\" aria-hidden=\"true\"><svg viewBox=\"0 0 24 24\" focusable=\"false\"><path d=\"M7 20V4\"\/><path d=\"M3 8l4-4 4 4\"\/><path d=\"M17 4v16\"\/><path d=\"M13 16l4 4 4-4\"\/><\/svg><\/span><span class=\"fxch-forecast-state__label\">Momentum<\/span><strong class=\"fxch-forecast-state__value\">mixed<\/strong><span class=\"fxch-forecast-state__basis\">RSI and MACD histogram<\/span><\/li>\n<li class=\"fxch-forecast-state\"><span class=\"fxch-forecast-state__icon\" aria-hidden=\"true\"><svg viewBox=\"0 0 24 24\" focusable=\"false\"><path d=\"M4 9h16\"\/><path d=\"M4 15h16\"\/><\/svg><\/span><span class=\"fxch-forecast-state__label\">Volatility<\/span><strong class=\"fxch-forecast-state__value\">stable<\/strong><span class=\"fxch-forecast-state__basis\">D1 ATR change<\/span><\/li>\n<\/ul>\n<\/section>\n<section id=\"scenarios\" class=\"fxch-forecast-section\">\n<h2>Is NZD\/JPY Bullish or Bearish This Week?<\/h2>\n<p>The favored scenario remains a bearish D1 framework, but the mixed close sequence and bullish H4 momentum support a genuine two-sided base case. The bullish alternative requires recovery through the supplied H4 and D1 resistance structure, while the bearish alternative gains relevance if support gives way; stable volatility suggests that level development may remain orderly rather than implying direction.<\/p>\n<ul class=\"fxch-forecast-scenario-nav\" role=\"list\" aria-label=\"Jump to a scenario\">\n<li><a class=\"fxch-forecast-scenario-tone--bullish\" href=\"#scenario-bullish\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 17l6-6 4 4 6-7\"\/><path d=\"M15 8h5v5\"\/><\/svg>Bullish reversal<\/a><\/li>\n<li><a class=\"fxch-forecast-scenario-tone--base\" href=\"#scenario-base\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 12h16\"\/><path d=\"M8 8l-4 4 4 4\"\/><path d=\"M16 8l4 4-4 4\"\/><\/svg>Base \/ neutral<\/a><\/li>\n<li><a class=\"fxch-forecast-scenario-tone--bearish\" href=\"#scenario-bearish\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 7l6 6 4-4 6 7\"\/><path d=\"M15 16h5v-5\"\/><\/svg>Bearish continuation<\/a><\/li>\n<\/ul>\n<div class=\"fxch-forecast-scenarios\">\n<section id=\"scenario-bullish\" class=\"fxch-forecast-scenario-card fxch-forecast-scenario-tone--bullish\" aria-labelledby=\"scenario-bullish-title\">\n<h3 class=\"fxch-forecast-scenario-card__head\" id=\"scenario-bullish-title\"><span class=\"fxch-forecast-scenario-card__icon\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 17l6-6 4 4 6-7\"\/><path d=\"M15 8h5v5\"\/><\/svg><\/span><span><span class=\"fxch-forecast-scenario-card__eyebrow\">Scenario 1 of 3<\/span>Bullish reversal<\/span><\/h3>\n<dl>\n<div class=\"fxch-forecast-scenario-card__row\">\n<dt>D1 confirmation<\/dt>\n<dd>A completed D1 close above 90.38755 would strengthen the bullish alternative by moving price beyond the supplied upper structural boundary and away from the current D1 moving-average pressure.<\/dd>\n<\/div>\n<div class=\"fxch-forecast-scenario-card__row\">\n<dt>H4 tactical signal<\/dt>\n<dd>A move through the supplied H4 resistance at 89.424 would provide tactical evidence that the H4 recovery is extending toward the D1 resistance at 90.11377.<\/dd>\n<\/div>\n<div class=\"fxch-forecast-scenario-card__row fxch-forecast-scenario-card__row--targets\">\n<dt>Targets<\/dt>\n<dd>90.48338, 92.451<\/dd>\n<\/div>\n<div class=\"fxch-forecast-scenario-card__row fxch-forecast-scenario-card__row--failure\">\n<dt>Scenario failure condition<\/dt>\n<dd>The bullish alternative would materially weaken if the H4 recovery fails around 89.424 and price returns toward the D1 support at 88.231 without establishing progress through 90.11377.<\/dd>\n<\/div>\n<\/dl>\n<\/section>\n<section id=\"scenario-base\" class=\"fxch-forecast-scenario-card fxch-forecast-scenario-tone--base\" aria-labelledby=\"scenario-base-title\">\n<h3 class=\"fxch-forecast-scenario-card__head\" id=\"scenario-base-title\"><span class=\"fxch-forecast-scenario-card__icon\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 12h16\"\/><path d=\"M8 8l-4 4 4 4\"\/><path d=\"M16 8l4 4-4 4\"\/><\/svg><\/span><span><span class=\"fxch-forecast-scenario-card__eyebrow\">Scenario 2 of 3<\/span>Base \/ neutral<\/span><\/h3>\n<dl>\n<div class=\"fxch-forecast-scenario-card__row\">\n<dt>D1 confirmation<\/dt>\n<dd>The base scenario is supported by the mixed D1 close sequence and the conflict between bearish D1 structure and bullish H4 momentum, with price remaining between the supplied weekly support and resistance framework.<\/dd>\n<\/div>\n<div class=\"fxch-forecast-scenario-card__row\">\n<dt>H4 tactical signal<\/dt>\n<dd>H4 would continue to support consolidation if its bullish momentum persists without producing a completed D1 move above the upper structural boundary or a clear D1 loss of 88.231.<\/dd>\n<\/div>\n<div class=\"fxch-forecast-scenario-card__row fxch-forecast-scenario-card__row--targets\">\n<dt>Targets<\/dt>\n<dd>The consolidation framework is bounded by the supplied D1 support at 88.231 and primary resistance at 90.11377, with H4 reference levels at 89.219 and 89.424 helping describe the tactical middle of that structure.<\/dd>\n<\/div>\n<div class=\"fxch-forecast-scenario-card__row fxch-forecast-scenario-card__row--failure\">\n<dt>Scenario failure condition<\/dt>\n<dd>The base case would materially weaken if a completed D1 close moves beyond the supplied upper or lower structural boundaries, replacing two-sided consolidation with a clearer directional framework.<\/dd>\n<\/div>\n<\/dl>\n<\/section>\n<section id=\"scenario-bearish\" class=\"fxch-forecast-scenario-card fxch-forecast-scenario-tone--bearish\" aria-labelledby=\"scenario-bearish-title\">\n<h3 class=\"fxch-forecast-scenario-card__head\" id=\"scenario-bearish-title\"><span class=\"fxch-forecast-scenario-card__icon\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 7l6 6 4-4 6 7\"\/><path d=\"M15 16h5v-5\"\/><\/svg><\/span><span><span class=\"fxch-forecast-scenario-card__eyebrow\">Scenario 3 of 3<\/span>Bearish continuation<\/span><\/h3>\n<dl>\n<div class=\"fxch-forecast-scenario-card__row\">\n<dt>D1 confirmation<\/dt>\n<dd>A completed D1 close below 88.231 would strengthen the bearish continuation case by demonstrating that the primary supplied support is no longer containing the downside structure.<\/dd>\n<\/div>\n<div class=\"fxch-forecast-scenario-card__row\">\n<dt>H4 tactical signal<\/dt>\n<dd>H4 bearish pressure would become more relevant if price loses the supplied H4 support at 89.219 and the recovery structure no longer holds above the H4 moving averages.<\/dd>\n<\/div>\n<div class=\"fxch-forecast-scenario-card__row fxch-forecast-scenario-card__row--targets\">\n<dt>Targets<\/dt>\n<dd>87.54656 (projected), 86.86212 (projected)<\/dd>\n<\/div>\n<div class=\"fxch-forecast-scenario-card__row fxch-forecast-scenario-card__row--failure\">\n<dt>Scenario failure condition<\/dt>\n<dd>The bearish continuation case would materially weaken if H4 strength carries price through 89.424 and D1 then progresses toward 90.11377 rather than retesting 88.231.<\/dd>\n<\/div>\n<\/dl>\n<\/section>\n<\/div>\n<div class=\"fxch-forecast-callout fxch-forecast-callout--neutral\"><strong>Conditional interpretation:<\/strong> The evidence hierarchy favors the bearish D1 thesis, but H4 momentum makes an immediate one-way interpretation unsuitable. A move through 89.424 would elevate the recovery scenario, while weakness through 89.219 and then 88.231 would align tactical action with the broader D1 structure. The 22 Oct 2026 00:45 GMT+3 CPI q\/q event may increase repricing risk around these already-supplied levels.<\/div>\n<\/section>\n<section id=\"technical-analysis\" class=\"fxch-forecast-section\">\n<h2>NZD\/JPY D1 Outlook and H4 Technical Triggers<\/h2>\n<p>The daily timeframe controls the weekly thesis. H4 evidence is used only for earlier confirmation, tactical warning and scenario-failure context. Complete live H4, H1 and intraday readings remain on the <a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/technical\/\">Technical page<\/a>.<\/p>\n<figure class=\"ce-content-image fxch-forecast-article-figure\"><img loading=\"lazy\" width=\"1680\" height=\"960\" src=\"https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-weekly-levels-for-10.24.2026-1680x960.png\" class=\"ce-lightbox-trigger\" alt=\"NZD\/JPY D1 technical analysis chart\" role=\"button\" tabindex=\"0\" aria-label=\"Open NZD\/JPY technical chart\" loading=\"lazy\" decoding=\"async\" data-full-src=\"https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-weekly-levels-for-10.24.2026.png\" srcset=\"https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-weekly-levels-for-10.24.2026-1680x960.png 1680w, https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-weekly-levels-for-10.24.2026-300x171.png 300w, https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-weekly-levels-for-10.24.2026-1024x585.png 1024w, https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-weekly-levels-for-10.24.2026-768x439.png 768w, https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-weekly-levels-for-10.24.2026-1536x878.png 1536w, https:\/\/fxglory.com\/wp-content\/uploads\/2026\/10\/nzdjpy-d1-weekly-levels-for-10.24.2026-2048x1170.png 2048w\" sizes=\"auto, (max-width: 1680px) 100vw, 1680px\" \/><figcaption>NZD\/JPY D1 technical-analysis context for the weekly forecast. Chart data captured 24 October 2026.<\/figcaption><\/figure>\n<h3>D1 Price Action and Market Structure<\/h3>\n<p>The 88.793 D1 close is below the 89.011 Bollinger middle band and below the 89.13612 EMA20, 90.48338 EMA50 and 92.54713 SMA200. The close sequence is mixed, which tempers the bearish structural reading, but the falling EMA50 and SMA200 slopes preserve a negative longer-timeframe backdrop.<\/p>\n<h3>H4 Tactical Triggers<\/h3>\n<p>H4 is tactically bullish: the 89.324 close is above the 88.86125 Bollinger middle band, the 88.91157 EMA20 and the 88.80515 EMA50. RSI at 61.58 and a positive MACD histogram at 0.083536 support recovery pressure, while the 89.424 H4 resistance and 89.219 H4 support define the immediate tactical contest. This context can delay or complicate the D1 bearish thesis, but it does not replace it.<\/p>\n<h3>Technical Indicators at a Glance<\/h3>\n<div class=\"fxch-forecast-techsum\">\n<div>\n<p class=\"fxch-forecast-techsum__eyebrow\">Automated technical summary<\/p>\n<p class=\"fxch-forecast-techsum__text\">The technical configuration is mixed across timeframes. D1 is bearish with price below the principal moving averages and falling EMA50 and SMA200 slopes, while H4 is bullish with price above its moving averages and positive MACD readings. Stable volatility and the mixed D1 close sequence argue for conditional level-based interpretation.<\/p>\n<p><small class=\"fxch-forecast-techsum__meta\">Selected snapshot: D1 with H4 tactical context. Updated 24 October 2026.<\/small><\/div>\n<ul class=\"fxch-forecast-signals\" role=\"list\" aria-label=\"Indicator signals\">\n<li><span class=\"fxch-forecast-signals__name\">RSI<\/span><span class=\"fxch-forecast-signals__value\">40.65<\/span><span class=\"fxch-forecast-pill fxch-forecast-pill--neutral\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 12h16\"\/><path d=\"M16 8l4 4-4 4\"\/><\/svg>Neutral<\/span><\/li>\n<li><span class=\"fxch-forecast-signals__name\">MACD<\/span><span class=\"fxch-forecast-signals__value\">Above signal<\/span><span class=\"fxch-forecast-pill fxch-forecast-pill--positive\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M3 17l6-6 4 4 8-8\"\/><path d=\"M15 7h6v6\"\/><\/svg>Bullish<\/span><\/li>\n<li><span class=\"fxch-forecast-signals__name\">Bollinger Bands<\/span><span class=\"fxch-forecast-signals__value\">40% of band<\/span><span class=\"fxch-forecast-pill fxch-forecast-pill--neutral\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 12h16\"\/><path d=\"M16 8l4 4-4 4\"\/><\/svg>Lower half<\/span><\/li>\n<li><span class=\"fxch-forecast-signals__name\">Moving averages<\/span><span class=\"fxch-forecast-signals__value\">Below both<\/span><span class=\"fxch-forecast-pill fxch-forecast-pill--negative\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M3 7l6 6 4-4 8 8\"\/><path d=\"M15 17h6v-6\"\/><\/svg>Bearish<\/span><\/li>\n<li><span class=\"fxch-forecast-signals__name\">ATR<\/span><span class=\"fxch-forecast-signals__value\">68.4 pips<\/span><span class=\"fxch-forecast-pill\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 9h16\"\/><path d=\"M4 15h16\"\/><\/svg>Stable<\/span><\/li>\n<\/ul>\n<\/div>\n<div class=\"fxch-forecast-indicator-grid\">\n<article class=\"fxch-forecast-indicator\">\n<div class=\"fxch-forecast-indicator__head\">\n<h4 class=\"fxch-forecast-indicator__title\">RSI <span>(14)<\/span><\/h4>\n<p><span class=\"fxch-forecast-pill fxch-forecast-pill--neutral\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 12h16\"\/><path d=\"M16 8l4 4-4 4\"\/><\/svg>Neutral<\/span><\/div>\n<div class=\"fxch-forecast-gauge\" role=\"img\" aria-label=\"RSI on a 0 to 100 scale. D1 is 40.65 (neutral) and H4 is 61.58 (neutral). Oversold is below 30 and overbought is above 70.\"><span class=\"fxch-forecast-gauge__pin\" style=\"--pos:40.7%\"><span class=\"fxch-forecast-gauge__label\">D1 <b>40.65<\/b><\/span><\/span><\/p>\n<div class=\"fxch-forecast-gauge__track\"><span class=\"fxch-forecast-gauge__zone fxch-forecast-gauge__zone--alert\" style=\"width:30%\">Oversold<\/span><span class=\"fxch-forecast-gauge__zone\" style=\"width:40%\">Neutral 30\u201370<\/span><span class=\"fxch-forecast-gauge__zone fxch-forecast-gauge__zone--alert\" style=\"width:30%\">Overbought<\/span><\/div>\n<p><span class=\"fxch-forecast-gauge__pin fxch-forecast-gauge__pin--below\" style=\"--pos:61.6%\"><span class=\"fxch-forecast-gauge__label\">H4 <b>61.58<\/b><\/span><\/span><\/div>\n<p class=\"fxch-forecast-indicator__text\">D1 RSI at 40.65 is consistent with weak momentum without establishing a standalone directional trigger. H4 RSI at 61.58 is stronger and supports the tactical recovery, creating a clear momentum difference between the controlling and tactical timeframes.<\/p>\n<dl class=\"fxch-forecast-indicator__values\">\n<div>\n<dt>D1 RSI<\/dt>\n<dd>40.65<\/dd>\n<\/div>\n<div>\n<dt>H4 RSI<\/dt>\n<dd>61.58<\/dd>\n<\/div>\n<\/dl>\n<\/article>\n<article class=\"fxch-forecast-indicator\">\n<div class=\"fxch-forecast-indicator__head\">\n<h4 class=\"fxch-forecast-indicator__title\">MACD <span>(12, 26, 9)<\/span><\/h4>\n<p><span class=\"fxch-forecast-pill fxch-forecast-pill--positive\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M3 17l6-6 4 4 8-8\"\/><path d=\"M15 7h6v6\"\/><\/svg>Bullish momentum<\/span><\/div>\n<div class=\"fxch-forecast-macd\">\n<ul class=\"fxch-forecast-macd__legend\" role=\"list\" aria-hidden=\"true\">\n<li><span class=\"fxch-forecast-macd__key\"><\/span>MACD<\/li>\n<li><span class=\"fxch-forecast-macd__key fxch-forecast-macd__key--signal\"><\/span>Signal<\/li>\n<li><span class=\"fxch-forecast-macd__key fxch-forecast-macd__key--hist\"><\/span>Histogram + \/ \u2212<\/li>\n<\/ul>\n<div class=\"fxch-forecast-macd__plot\"><span class=\"fxch-forecast-macd__zero\" aria-hidden=\"true\">0<\/span><svg viewBox=\"0 0 300 120\" preserveAspectRatio=\"none\" role=\"img\" focusable=\"false\" aria-label=\"D1 MACD over the last 30 sessions. The MACD line at -0.642167 is above its signal line at -0.785465, with the histogram at 0.143298.\"><line class=\"is-zero\" x1=\"0\" x2=\"300\" y1=\"60\" y2=\"60\"\/><rect class=\"is-neg\" x=\"1.5\" y=\"60\" width=\"7\" height=\"13.6\" rx=\"1\"\/><rect class=\"is-neg\" x=\"11.5\" y=\"60\" width=\"7\" height=\"18\" rx=\"1\"\/><rect class=\"is-neg\" x=\"21.5\" y=\"60\" width=\"7\" height=\"21.5\" rx=\"1\"\/><rect class=\"is-neg\" x=\"31.5\" y=\"60\" width=\"7\" height=\"23.8\" rx=\"1\"\/><rect class=\"is-neg\" x=\"41.5\" y=\"60\" width=\"7\" height=\"24.2\" rx=\"1\"\/><rect class=\"is-neg\" x=\"51.5\" y=\"60\" width=\"7\" height=\"23.6\" rx=\"1\"\/><rect class=\"is-neg\" x=\"61.5\" y=\"60\" width=\"7\" height=\"22.1\" rx=\"1\"\/><rect class=\"is-neg\" x=\"71.5\" y=\"60\" width=\"7\" height=\"19.4\" rx=\"1\"\/><rect class=\"is-neg\" x=\"81.5\" y=\"60\" width=\"7\" height=\"16.5\" rx=\"1\"\/><rect class=\"is-neg\" x=\"91.5\" y=\"60\" width=\"7\" height=\"13\" rx=\"1\"\/><rect class=\"is-neg\" x=\"101.5\" y=\"60\" width=\"7\" height=\"8.8\" rx=\"1\"\/><rect class=\"is-neg\" x=\"111.5\" y=\"60\" width=\"7\" height=\"5\" rx=\"1\"\/><rect class=\"is-neg\" x=\"121.5\" y=\"60\" width=\"7\" height=\"1.2\" rx=\"1\"\/><rect class=\"is-pos\" x=\"131.5\" y=\"59.3\" width=\"7\" height=\"1\" rx=\"1\"\/><rect class=\"is-pos\" x=\"141.5\" y=\"57.4\" width=\"7\" height=\"2.6\" rx=\"1\"\/><rect class=\"is-pos\" x=\"151.5\" y=\"58.2\" width=\"7\" height=\"1.8\" rx=\"1\"\/><rect class=\"is-pos\" x=\"161.5\" y=\"58.2\" width=\"7\" height=\"1.8\" rx=\"1\"\/><rect class=\"is-pos\" x=\"171.5\" y=\"59.2\" width=\"7\" height=\"1\" rx=\"1\"\/><rect class=\"is-pos\" x=\"181.5\" y=\"59.6\" width=\"7\" height=\"1\" rx=\"1\"\/><rect class=\"is-pos\" x=\"191.5\" y=\"59.7\" width=\"7\" height=\"1\" rx=\"1\"\/><rect class=\"is-pos\" x=\"201.5\" y=\"59.2\" width=\"7\" height=\"1\" rx=\"1\"\/><rect class=\"is-pos\" x=\"211.5\" y=\"59.1\" width=\"7\" height=\"1\" rx=\"1\"\/><rect class=\"is-pos\" x=\"221.5\" y=\"57.5\" width=\"7\" height=\"2.5\" rx=\"1\"\/><rect class=\"is-pos\" x=\"231.5\" y=\"57.4\" width=\"7\" height=\"2.6\" rx=\"1\"\/><rect class=\"is-pos\" x=\"241.5\" y=\"56.9\" width=\"7\" height=\"3.1\" rx=\"1\"\/><rect class=\"is-pos\" x=\"251.5\" y=\"55.5\" width=\"7\" height=\"4.5\" rx=\"1\"\/><rect class=\"is-pos\" x=\"261.5\" y=\"55.2\" width=\"7\" height=\"4.8\" rx=\"1\"\/><rect class=\"is-pos\" x=\"271.5\" y=\"54.2\" width=\"7\" height=\"5.8\" rx=\"1\"\/><rect class=\"is-pos\" x=\"281.5\" y=\"54.5\" width=\"7\" height=\"5.5\" rx=\"1\"\/><rect class=\"is-pos is-latest\" x=\"291.5\" y=\"53.8\" width=\"7\" height=\"6.2\" rx=\"1\"\/><polyline class=\"is-signal\" points=\"5,55.8 15,60.3 25,65.7 35,71.6 45,77.6 55,83.6 65,89.1 75,93.9 85,98.1 95,101.3 105,103.5 115,104.8 125,105.1 135,104.9 145,104.3 155,103.8 165,103.4 175,103.2 185,103.1 195,103 205,102.8 215,102.6 225,101.9 235,101.3 245,100.5 255,99.4 265,98.2 275,96.7 285,95.3 295,93.8\"\/><polyline class=\"is-macd\" points=\"5,69.4 15,78.3 25,87.1 35,95.4 45,101.8 55,107.2 65,111.2 75,113.3 85,114.5 95,114.4 105,112.3 115,109.7 125,106.3 135,104.3 145,101.7 155,102 165,101.6 175,102.3 185,102.7 195,102.6 205,102 215,101.7 225,99.4 235,98.6 245,97.4 255,94.9 265,93.3 275,90.9 285,89.8 295,87.6\"\/><\/svg><\/div>\n<div class=\"fxch-forecast-macd__axis\" aria-hidden=\"true\"><span>30 D1 sessions ago<\/span><span>Latest<\/span><\/div>\n<\/div>\n<p class=\"fxch-forecast-indicator__text\">D1 MACD remains below zero at -0.642167, but its histogram is positive at 0.143298 relative to the signal at -0.785465, so the broader negative backdrop coexists with improving short-term momentum. H4 MACD is positive and above its signal, reinforcing tactical bullish pressure.<\/p>\n<dl class=\"fxch-forecast-indicator__values\">\n<div>\n<dt>MACD<\/dt>\n<dd>-0.642167<\/dd>\n<\/div>\n<div>\n<dt>Signal<\/dt>\n<dd>-0.785465<\/dd>\n<\/div>\n<div>\n<dt>Histogram<\/dt>\n<dd>0.143298<\/dd>\n<\/div>\n<\/dl>\n<\/article>\n<article class=\"fxch-forecast-indicator\">\n<div class=\"fxch-forecast-indicator__head\">\n<h4 class=\"fxch-forecast-indicator__title\">Bollinger Bands <span>(20, 2\u03c3)<\/span><\/h4>\n<p><span class=\"fxch-forecast-pill fxch-forecast-pill--neutral\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 12h16\"\/><path d=\"M16 8l4 4-4 4\"\/><\/svg>Lower half<\/span><\/div>\n<div>\n<div class=\"fxch-forecast-gauge fxch-forecast-gauge--ticks\" role=\"img\" aria-label=\"Latest D1 close 88.793 sits inside the Bollinger Bands, 40% of the way from the lower band at 87.908 to the upper band at 90.114.\"><span class=\"fxch-forecast-gauge__pin\" style=\"--pos:43.1%\"><span class=\"fxch-forecast-gauge__label\">Close <b>88.793<\/b><\/span><\/span><\/p>\n<div class=\"fxch-forecast-gauge__track\"><span class=\"fxch-forecast-gauge__zone fxch-forecast-gauge__zone--outside\" style=\"width:15%\"><\/span><span class=\"fxch-forecast-gauge__zone\" style=\"width:35%\">Lower half<\/span><span class=\"fxch-forecast-gauge__zone\" style=\"width:35%\">Upper half<\/span><span class=\"fxch-forecast-gauge__zone fxch-forecast-gauge__zone--outside\" style=\"width:15%\"><\/span><\/div>\n<div class=\"fxch-forecast-gauge__ticks\" aria-hidden=\"true\"><span class=\"fxch-forecast-gauge__tick\" style=\"--pos:15%\">Lower<b>87.908<\/b><\/span><span class=\"fxch-forecast-gauge__tick\" style=\"--pos:50%\">Middle<b>89.011<\/b><\/span><span class=\"fxch-forecast-gauge__tick\" style=\"--pos:85%\">Upper<b>90.114<\/b><\/span><\/div>\n<\/div>\n<p class=\"fxch-forecast-indicator__caption\">Striped ends = price outside the bands.<\/p>\n<\/div>\n<p class=\"fxch-forecast-indicator__text\">D1 price at 88.793 is below the Bollinger middle band at 89.011 and above the lower band at 87.90823, placing the close in the lower half of the supplied D1 envelope. H4 price at 89.324 is above its middle band at 88.86125 and below its upper band at 89.48985, consistent with a tactical recovery that has not reached the upper envelope.<\/p>\n<dl class=\"fxch-forecast-indicator__values\">\n<div>\n<dt>Position in band<\/dt>\n<dd>40%<\/dd>\n<\/div>\n<div>\n<dt>Band width<\/dt>\n<dd>220.6 pips (2.48%)<\/dd>\n<\/div>\n<\/dl>\n<\/article>\n<article class=\"fxch-forecast-indicator\">\n<div class=\"fxch-forecast-indicator__head\">\n<h4 class=\"fxch-forecast-indicator__title\">Moving averages <span>(D1)<\/span><\/h4>\n<p><span class=\"fxch-forecast-pill fxch-forecast-pill--negative\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M3 7l6 6 4-4 8 8\"\/><path d=\"M15 17h6v-6\"\/><\/svg>Bearish structure<\/span><\/div>\n<div class=\"fxch-forecast-ma__axis\" aria-hidden=\"true\"><span>Price below average<\/span><span>Price above average<\/span><\/div>\n<ul class=\"fxch-forecast-ma\" role=\"list\">\n<li class=\"fxch-forecast-ma__row\"><span class=\"fxch-forecast-ma__name\">50 EMA <span class=\"fxch-forecast-ma__slope\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M3 7l6 6 4-4 8 8\"\/><path d=\"M15 17h6v-6\"\/><\/svg>falling<\/span><\/span><span class=\"fxch-forecast-ma__value\">90.483<\/span><span class=\"fxch-forecast-ma__bar\" aria-hidden=\"true\"><span class=\"fxch-forecast-ma__fill fxch-forecast-ma__fill--below\" style=\"--w:36.8%\"><\/span><\/span><span class=\"fxch-forecast-ma__dist\">Price is <b>169.0 pips below<\/b> (-1.87%)<\/span><\/li>\n<li class=\"fxch-forecast-ma__row\"><span class=\"fxch-forecast-ma__name\">200 SMA <span class=\"fxch-forecast-ma__slope\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M3 7l6 6 4-4 8 8\"\/><path d=\"M15 17h6v-6\"\/><\/svg>falling<\/span><\/span><span class=\"fxch-forecast-ma__value\">92.547<\/span><span class=\"fxch-forecast-ma__bar\" aria-hidden=\"true\"><span class=\"fxch-forecast-ma__fill fxch-forecast-ma__fill--below\" style=\"--w:80%\"><\/span><\/span><span class=\"fxch-forecast-ma__dist\">Price is <b>375.4 pips below<\/b> (-4.06%)<\/span><\/li>\n<\/ul>\n<p class=\"fxch-forecast-indicator__text\">The D1 close below the EMA20, EMA50 and SMA200, combined with falling EMA50 and SMA200 slopes, is the strongest structural support for the bearish weekly view. H4 price above the EMA20 and EMA50 shows that the shorter timeframe is applying countertrend pressure rather than confirming the D1 direction.<\/p>\n<dl class=\"fxch-forecast-indicator__values\">\n<div>\n<dt>D1 close<\/dt>\n<dd>88.793<\/dd>\n<\/div>\n<div>\n<dt>50 EMA<\/dt>\n<dd>90.483<\/dd>\n<\/div>\n<div>\n<dt>200 SMA<\/dt>\n<dd>92.547<\/dd>\n<\/div>\n<\/dl>\n<\/article>\n<article class=\"fxch-forecast-indicator fxch-forecast-indicator--wide\">\n<div class=\"fxch-forecast-indicator__head\">\n<h4 class=\"fxch-forecast-indicator__title\">ATR <span>(14)<\/span><\/h4>\n<p><span class=\"fxch-forecast-pill\"><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 9h16\"\/><path d=\"M4 15h16\"\/><\/svg>Stable volatility<\/span><\/div>\n<div class=\"fxch-forecast-indicator__split\">\n<div>\n<div class=\"fxch-forecast-range\" style=\"--gutter:8ch\" role=\"img\" aria-label=\"Typical move size around the latest close of 88.793. One D1 ATR is 68.4 pips, spanning 88.109 to 89.477. One H4 ATR is 27.7 pips, spanning 88.516 to 89.070.\"><span class=\"fxch-forecast-range__close\">Close <b>88.793<\/b><\/span><\/p>\n<div><span class=\"fxch-forecast-range__cap\">Typical 1-day move <b>\u00b168.4 pips<\/b><\/span><\/p>\n<div class=\"fxch-forecast-range__bar\" style=\"--w:1\"><span class=\"fxch-forecast-range__lo\">88.109<\/span><span class=\"fxch-forecast-range__hi\">89.477<\/span><\/div>\n<\/div>\n<div><span class=\"fxch-forecast-range__cap\">Typical 4-hour move <b>\u00b127.7 pips<\/b><\/span><\/p>\n<div class=\"fxch-forecast-range__bar fxch-forecast-range__bar--h4\" style=\"--w:0.404\"><span class=\"fxch-forecast-range__lo\">88.516<\/span><span class=\"fxch-forecast-range__hi\">89.070<\/span><\/div>\n<\/div>\n<\/div>\n<p class=\"fxch-forecast-indicator__caption\">One ATR either side of the latest close. A measure of move size, not a price target.<\/p>\n<\/div>\n<div>\n<p class=\"fxch-forecast-indicator__text\">Stable volatility points to a measured trading environment rather than a directional signal. The D1 ATR reference of 0.68444 is used in the supplied bearish projected targets, while H4 ATR at 0.27681 describes a smaller tactical movement scale.<\/p>\n<\/div>\n<\/div>\n<dl class=\"fxch-forecast-indicator__values\">\n<div>\n<dt>D1 ATR<\/dt>\n<dd>0.68444 (0.77%)<\/dd>\n<\/div>\n<div>\n<dt>H4 ATR<\/dt>\n<dd>0.27681 (0.31%)<\/dd>\n<\/div>\n<\/dl>\n<\/article>\n<\/div>\n<p><strong>Technical conclusion:<\/strong> The main weekly thesis is bearish because D1 price structure remains below its key moving averages and both longer moving-average slopes are falling. The strongest counterargument is the bullish H4 configuration, supported by higher H4 RSI, positive MACD and price above H4 moving averages. The next important references are 88.231 support, 89.219 and 89.424 on H4, and 90.11377 resistance; the bearish projected ATR-based references are 87.54656 and 86.86212.<\/p>\n<p><a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/technical\/\">View all live NZD\/JPY oscillators, moving averages, pivot points and timeframe signals<\/a>.<\/p>\n<\/section>\n<section id=\"levels\" class=\"fxch-forecast-section\">\n<h2>NZD\/JPY Weekly Support, Resistance and Invalidation<\/h2>\n<div class=\"fxch-forecast-table-wrap fxch-forecast-levels\">\n<table>\n<thead>\n<tr>\n<th scope=\"col\">Level<\/th>\n<th scope=\"col\">Role<\/th>\n<th scope=\"col\">Timeframe<\/th>\n<th scope=\"col\">Why it matters<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>88.231<\/td>\n<td>Primary support<\/td>\n<td>D1<\/td>\n<td>A completed D1 close below this supplied support would strengthen the bearish continuation scenario.<\/td>\n<\/tr>\n<tr>\n<td>90.11377<\/td>\n<td>Primary resistance<\/td>\n<td>D1<\/td>\n<td>This is the first supplied D1 resistance above the 88.793 reference close and the key level for judging whether the H4 recovery is reaching the weekly structure.<\/td>\n<\/tr>\n<tr>\n<td>90.48338<\/td>\n<td>Secondary resistance<\/td>\n<td>D1<\/td>\n<td>This level is both the supplied secondary D1 resistance and the D1 EMA50, linking structural resistance with moving-average pressure.<\/td>\n<\/tr>\n<tr>\n<td>92.451<\/td>\n<td>Higher resistance<\/td>\n<td>D1<\/td>\n<td>This is the higher supplied resistance and bullish target reference if the recovery progresses beyond the nearer D1 resistance structure.<\/td>\n<\/tr>\n<tr>\n<td>89.219<\/td>\n<td>Tactical support<\/td>\n<td>H4<\/td>\n<td>This supplied H4 support helps define whether the current tactical recovery remains intact.<\/td>\n<\/tr>\n<tr>\n<td>89.424<\/td>\n<td>Tactical resistance<\/td>\n<td>H4<\/td>\n<td>A move through this supplied H4 resistance would provide early evidence of further countertrend recovery.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>These are forecast-specific market-structure levels. Formula-based Classic, Fibonacci and Camarilla pivots remain on the <a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/technical\/\">Technical page<\/a>.<\/p>\n<\/section>\n<section id=\"events\" class=\"fxch-forecast-section\">\n<h2>Economic News &amp; Events to Watch for NZD\/JPY This Week<\/h2>\n<p>Selected events may increase NZD\/JPY volatility. Direction depends on the released value relative to consensus and previous results.<\/p>\n<p class=\"fxch-forecast-table-hint\">Scroll table sideways for more columns \u2192<\/p>\n<div class=\"fxch-forecast-table-wrap fxch-forecast-table-wrap--wide\" tabindex=\"0\" role=\"region\" aria-label=\"Key economic events table\">\n<table>\n<thead>\n<tr>\n<th scope=\"col\">Event<\/th>\n<th scope=\"col\">Date and time<\/th>\n<th scope=\"col\">Importance<\/th>\n<th scope=\"col\">Previous<\/th>\n<th scope=\"col\">Consensus<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th scope=\"row\">CPI q\/q<\/th>\n<td>22 Oct 2026 00:45 GMT+3<\/td>\n<td><span class=\"fxch-forecast-impact fxch-forecast-impact--high\"><span class=\"fxch-forecast-impact__bars\" aria-hidden=\"true\"><i><\/i><i><\/i><i><\/i><\/span>High<\/span><\/td>\n<td>1.5%<\/td>\n<td>0.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Calendar source: FXGlory economic calendar. Retrieved 18 Oct 2026 19:15 GMT+3. <a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/economic-calendar\/\">View the complete NZD\/JPY economic calendar<\/a>.<\/p>\n<\/section>\n<section class=\"fxch-forecast-section\">\n<h2>NZD\/JPY Outlook for 18\u201324 October 2026<\/h2>\n<p>NZD\/JPY enters 18\u201324 October 2026 with a bearish D1 structure, as the 88.793 close remains below the EMA20, EMA50 and SMA200 and the EMA50 and SMA200 slopes are falling. That evidence carries greater weekly weight than the bullish H4 recovery, but mixed momentum and a mixed D1 close sequence prevent a one-sided reading.<\/p>\n<p>The tactical map is conditional: H4 strength above 89.219 and through 89.424 would keep the recovery case active toward 90.11377, while weakness through 88.231 would align the shorter timeframe with the D1 thesis and expose the supplied bearish projected ATR-based references at 87.54656 and 86.86212. The 22 Oct 2026 00:45 GMT+3 CPI q\/q event is the principal scheduled catalyst.<\/p>\n<\/section>\n<section id=\"risks\" class=\"fxch-forecast-section\">\n<h2>Weekly Forecast Risks and What Would Change the Outlook<\/h2>\n<div class=\"fxch-forecast-callout fxch-forecast-callout--risk\"><strong>Main forecast risk:<\/strong> The main forecast risk is timeframe disagreement: bearish D1 structure and falling longer moving-average slopes are being challenged by bullish H4 momentum, positive H4 MACD and an H4 close above its moving averages.<\/div>\n<ul class=\"fxch-forecast-risks\">\n<li><strong>H4 countertrend recovery:<\/strong> H4 RSI at 61.58, positive MACD readings and a close at 89.324 above the H4 EMA20 and EMA50 could delay bearish continuation and keep price focused on 89.424 and 90.11377.<\/li>\n<li><strong>Mixed D1 momentum and close sequence:<\/strong> The mixed D1 close sequence and positive D1 MACD histogram against a negative MACD backdrop mean the bearish structure is not supported by uniformly weakening momentum.<\/li>\n<li><strong>New Zealand CPI q\/q event:<\/strong> The high-impact release scheduled for 22 Oct 2026 00:45 GMT+3 may produce volatility or repricing in NZD\/JPY, with the direction and magnitude of any reaction not supplied.<\/li>\n<li><strong>Stable volatility environment:<\/strong> Stable volatility may allow consolidation and slower level development, reducing the immediacy of either directional scenario without providing a directional signal.<\/li>\n<\/ul>\n<p><strong>Formal weekly invalidation:<\/strong> The bearish weekly thesis is formally invalidated by one completed D1 close above 90.38755. One completed D1 close below 87.95722 confirms lower structural extension and continuation.<\/p>\n<\/section>\n<section id=\"faq\" class=\"fxch-forecast-section\">\n<h2>NZD\/JPY Weekly Forecast FAQs<\/h2>\n<div class=\"fxch-forecast-faq\">\n<details class=\"fxch-forecast-faq__item\" name=\"fxch-forecast-faq\" open>\n<summary>\n<h3>Is NZD\/JPY bullish or bearish this week?<\/h3>\n<\/summary>\n<div class=\"fxch-forecast-faq__answer\">\n<p>The weekly bias is bearish because D1 trend and moving-average structure remain negative, despite bullish H4 momentum.<\/p>\n<\/div>\n<\/details>\n<details class=\"fxch-forecast-faq__item\" name=\"fxch-forecast-faq\">\n<summary>\n<h3>What scenario would strengthen for NZD\/JPY this week?<\/h3>\n<\/summary>\n<div class=\"fxch-forecast-faq__answer\">\n<p>The primary scenario is continued two-sided trade beneath the D1 resistance structure, with bearish continuation becoming more relevant if price action weakens around 88.231. A countertrend recovery would gain technical relevance through the H4 resistance at 89.424 and then the D1 resistance at 90.11377.<\/p>\n<\/div>\n<\/details>\n<details class=\"fxch-forecast-faq__item\" name=\"fxch-forecast-faq\">\n<summary>\n<h3>What are the key NZD\/JPY support and resistance levels?<\/h3>\n<\/summary>\n<div class=\"fxch-forecast-faq__answer\">\n<p>The main supplied weekly levels are 88.231 support, 90.11377 primary resistance and 90.48338 secondary resistance. Bearish projected ATR-based reference targets are 87.54656 and 86.86212; bullish targets are 90.48338 and 92.451.<\/p>\n<\/div>\n<\/details>\n<details class=\"fxch-forecast-faq__item\" name=\"fxch-forecast-faq\">\n<summary>\n<h3>What would invalidate this NZD\/JPY forecast?<\/h3>\n<\/summary>\n<div class=\"fxch-forecast-faq__answer\">\n<p>The bearish weekly thesis is formally invalidated by one completed D1 close above 90.38755.<\/p>\n<\/div>\n<\/details>\n<\/div>\n<\/section>\n<section id=\"methodology\" class=\"fxch-forecast-section\">\n<h2>Methodology, Data and Sources<\/h2>\n<ul class=\"fxch-forecast-source-list\">\n<li><strong>Price-data source:<\/strong> FXGlory price feed (NZDJPY)<\/li>\n<li><strong>Live quote timestamp:<\/strong> 24 Oct 2026 02:50 GMT+3<\/li>\n<li><strong>Weekly analysis timestamp:<\/strong> 18 October 2026<\/li>\n<li><strong>Chart timestamp:<\/strong> 24 October 2026 (redrawn daily)<\/li>\n<li><strong>Daily check:<\/strong> Every day at 04:00 GMT+3: the latest completed D1 close is checked against the invalidation levels and the chart is redrawn.<\/li>\n<li><strong>Technical snapshot timestamp:<\/strong> 18 October 2026<\/li>\n<li><strong>Calendar-data source:<\/strong> FXGlory economic calendar<\/li>\n<li><strong>Calendar retrieval timestamp:<\/strong> 18 Oct 2026 19:15 GMT+3<\/li>\n<li><strong>Candle convention:<\/strong> FXGlory D1 and H4 candles; D1 candle dates are evaluated in UTC and invalidation uses completed D1 closes only.<\/li>\n<li><strong>Indicator settings:<\/strong> D1 RSI(14), MACD(12,26,9), Bollinger Bands(20,2), EMA(50), SMA(200), ATR(14); H4 RSI\/MACD\/Bollinger\/EMA\/ATR.<\/li>\n<li><strong>Level-selection method:<\/strong> Weekly D1 support\/resistance levels are structural market levels. Formal invalidation uses a hard 0.75\u00d7 D1 ATR(14) minimum anchor distance plus a 0.40\u00d7 D1 ATR(14) outward buffer; H4 levels are tactical only.<\/li>\n<li><strong>Weekly forecast method:<\/strong> D1 controls the weekly thesis; H4 supplies tactical confirmation\/warning only.<\/li>\n<\/ul>\n<div><strong>Primary and supporting sources:<\/strong><\/p>\n<ul class=\"fxch-forecast-source-list\">\n<li><a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/historical-data\/\">Historical NZD\/JPY price data<\/a><\/li>\n<li><a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/technical\/\">Live NZD\/JPY technical indicators<\/a><\/li>\n<li><a href=\"https:\/\/fxglory.com\/forex-market\/currency-pairs\/nzd-jpy\/economic-calendar\/\">NZD\/JPY economic calendar<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"fxch-forecast-callout fxch-forecast-callout--neutral\"><strong>Timestamp policy:<\/strong> the live quote and the D1 chart update automatically during the week. The completed D1 reference close, indicator snapshot and authored conclusions remain tied to the completed D1 candle used for authoring unless the article receives a genuine substantive update.<\/div>\n<\/section>\n<footer class=\"fxch-forecast-footer-note\">\n<p><strong>Disclaimer:<\/strong> This NZD\/JPY analysis is provided for informational and educational purposes only. It does not constitute investment advice, a personalized recommendation, an offer to trade or a guarantee of future performance. Forecasts are uncertain, market conditions can change rapidly and leveraged trading can result in substantial losses.<\/p>\n<p>Verify the latest price and consider your circumstances and risk tolerance before making financial decisions.<\/p>\n<\/footer>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The weekly bias is bearish, although bullish H4 momentum and mixed D1 momentum leave room for consolidation or a countertrend recovery.<\/p>\n","protected":false},"author":14,"featured_media":43465,"template":"","market_instrument":[89],"market_content_type":[44],"class_list":["post-55463","market_article","type-market_article","status-publish","has-post-thumbnail","hentry","market_instrument-nzd-jpy","market_content_type-forecast"],"_links":{"self":[{"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/market_article\/55463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/market_article"}],"about":[{"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/types\/market_article"}],"author":[{"embeddable":true,"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/users\/14"}],"version-history":[{"count":0,"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/market_article\/55463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/media\/43465"}],"wp:attachment":[{"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=55463"}],"wp:term":[{"taxonomy":"market_instrument","embeddable":true,"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/market_instrument?post=55463"},{"taxonomy":"market_content_type","embeddable":true,"href":"https:\/\/fxglory.com\/zh-hans\/wp-json\/wp\/v2\/market_content_type?post=55463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}