Loading page content
Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range ± 0.6–1.2% · 7–28-day calibrated zone
Last Updated: 6/15/26
recent path character per horizon · descriptive, not a forecast
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: ANZ Business Confidence (r=+0.81), Balance of Trade (r=+0.65), Business Inflation Expectations (r=+0.45), Participation Rate (r=+0.45), Business NZ/Markit PMI (r=+0.45), PPI Input (r=+0.45)
Inversely correlated: Retail Sales MoM (r=-0.53), Electronic Retail Card Spending MoM (r=-0.52)
As of June 16, 2026, NZD/JPY is trading at 93.5249. Our multi-model Sigmanomics forecast for this forex pair generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
recently sideways · ER 0.23 · trailing 14d · descriptive, not a forecast
Cone = how far price could move from HERE — not a corridor; direction not predicted.
Forecasts generated by Sigmanomics engine. Not financial advice.
The NZD/JPY forex pair tracks the exchange rate between the New Zealand Dollar and the Japanese Yen. The NZD/JPY pair closed at 93.5249 on June 16, 2026, reflecting a gain of 0.01% from the previous close of 93.5198.
Over the past 30 days, the pair has experienced a sideways movement with a rally of 0.22%, ranging between 92.4054 and 95.4858. The price currently trades below its 20-day moving average of 93.8212. The 14-day RSI stands at 50.2, in neutral territory, indicating balanced momentum. Among macroeconomic indicators in our coverage, Anz Business Confidence shows the strongest historical relationship with this instrument, positively correlated (r = +0.81) aligned with a bullish bias.
Over the same 30-day window, daily-return volatility was 0.50%, reflecting subdued price variability for this pair. Across the past 52 weeks, the pair has traded between 85.3430 and 95.4858, with the current price near the high end of that range.
Daily-return volatility of 0.50% runs elevated for this pair, so price ranges are likely to stay wide — watch how price behaves around its recent range rather than treating any single level as fixed. NZD/JPY is currently trading 0.32% below its 20-day moving average and sitting in the upper portion of its 52-week range. Its 14-day RSI reads 50.2, currently in neutral territory. For cross-confirmation, the Anz Business Confidence indicator carries the strongest historical correlation with NZD/JPY (r = +0.81) and is worth watching for context.
Auto-generated from Sigmanomics market data. Last update Jun 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.