AUDJPY pared some of its gains as Australian dollar lost its shine. At 108.87, it reaches an intraday low; it is now trading at about 109.05.
|
Technicals |
CMP -109.05 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
109.06 |
CMP< value |
Bearish |
|
200- EMA |
108.85 |
CMP >value |
Bullish |
|
365- EMA |
108.619 |
CMP < value |
Bullish |
Major support- 108.80/108.50/107.65/106.85/106.
Major resistance- 109.25/109.60/110/110.78/111.64/112.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
below zero line (bearish) |
-21.41 |
|
ADX |
Neutral |
|
It is good to buy on dips around 109, with an SL of 108, for a TP of 111.64/112.


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR gains some ground but outlook still bearish
FxWirePro: EUR/AUD neutral in the near term, scope for further downside
FxWirePro: NZD/USD edges lower ahead of key RBNZ policy decision
FxWirePro: USD/JPY gains as yen weakens on soft Japan’s Q4 GDP data
USDCHF Bears Eye Deeper Slide: Sell Rallies as Cooling US Inflation Fuels Franc Strength
FxWirePro- Major European Indices
FxWirePro: USD/JPY recovers from two-week low , upside limited
FxWirePro: USD/CAD inches higher, set to stay on back foot
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: NZD/USD bulls lose traction, cannot add to overnight gains
GBPJPY Bottoms Out at 207.56: 150-Pip Surge Signals Sell-on-Rallies Trap
NZDJPY on the Edge: Sell the Bounce as Bears Regroup Below Key EMAs
Double Bottom Magic: AUD/JPY Eyes 110.78 Breakout After Perfect Pullback 



