Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

Yen Weakness Unleashed: AUD/JPY Blasts to 109.76 – Bullish Breakout Eyes 112

AUDJPY gained nearly 200 pips on board-based yen weakness. At 109.76, it reached an intraday high; it is now trading at about 109.61.

 

Technicals

CMP -109.62

Trend

1- Hour chart

Value

 

 

55 EMA

108.86

CMP> value

Bullish

200- EMA

108.77

CMP >value

Bullish

365- EMA

108.55

CMP < value

Bullish

 

Major support- 109.20/108.80/108/107.65/106.85/106.

Major resistance-  109.25/109.60/110/110.78/111.64/112.

 

Momentum indicator

Inference

Value

CCI(50)

Above zero line (bullish)

52.50

ADX

Neutral

 

 

It is good to buy on dips around 109, with an SL of 18, for a TP of 111.64/112.

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.