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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 · 7–28-day calibrated zone
Forecast batch: 7/31/26
Market-data read
NZD/JPY screens momentum-down across horizons. The 7- and 14-day paths both track lower (ER 0.84 / 0.67) — a consistent, low-noise downtrend rather than chop. Term-structure band: ±0.9% / ±1.2% / ±1.7% (7/14/28d).
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=+0.87), Balance of Trade (r=+0.58), Visitor Arrivals YoY (r=+0.51), Business Inflation Expectations (r=+0.45), Participation Rate (r=+0.45)
Inversely correlated: Milk Auctions (r=-0.71), Retail Sales MoM (r=-0.63), Electronic Retail Card Spending MoM (r=-0.62)
As of August 1, 2026, NZD/JPY is trading at 92.6720. 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.
Containment = how often the band held (backtest) — magnitude only, not a directional record.
Forecasts generated by Sigmanomics engine. Not financial advice.
Market-data read
The NZD/JPY forex pair tracks the exchange rate between the New Zealand Dollar and the Japanese Yen. The NZD/JPY pair closed at 92.6720 on August 1, 2026, reflecting a decline of 0.78% from the previous close of 93.4006.
Over the past 30 days, the pair has experienced a modest uptrend with a rally of 0.66%, ranging between 91.6945 and 95.4407. The price currently trades below its 20-day moving average of 94.5030. The 14-day RSI stands at 33.0, in the lower part of its range. Among macroeconomic indicators in our coverage, Anz Business Confidence shows the strongest historical relationship with this instrument, positively correlated (r = +0.87).
Over the same 30-day window, daily-return volatility was 0.37%, reflecting subdued price variability for this pair. Across the past 52 weeks, the pair has traded between 87.2160 and 95.4858, with the current price near the midrange of that range.
Daily-return volatility of 0.37% is subdued for this pair, leaving recent ranges compressed — watch for a decisive break of the band as the more telling development. NZD/JPY is currently trading 1.94% below its 20-day moving average and sitting in the middle of its 52-week range. Its 14-day RSI reads 33.0, currently in neutral territory. For cross-confirmation, the Anz Business Confidence indicator carries the strongest historical correlation with NZD/JPY (r = +0.87) and is worth watching for context.
Auto-generated from Sigmanomics market data. Last update Aug 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.