After a big gap up yesterday, AUD/JPY remains over the 99 level. Having reached an intraday high of 99.68, it now trades at about 99.45. As long as support at 98 holds, the intraday trend is upward.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 99.457
EMA (4-hour chart)
55-EMA- 97.91
200-EMA- 96.67
365-EMA- 97.28. The pair trades above short and long-term moving averages.
Major Support- 99. Any breach below 99 will drag the pair down to 98.60/98/97.60/97/96.51/96/95.
Major resistance - 100. Any break above 100 confirms minor bullishness, a jump to 100.50/102/102.80 is possible.
Indicator (4 hour chart)
CCI (50)- Bullish
Average directional movement Index- Bullish . All indicators confirm a bullish trend.
It is good to buy on dips around 99 with SL around 98.60 for TP of 100.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Major Pair levels and bias summary 



