Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies

AUDJPY lost its shine as the yen gains momentum on BOJ intervention. It hit an intraday low of 111.04 and is now trading close to 111.84.

Technicals

CMP -111.84

Trend

1- Hour chart

Value

 

 

55 EMA

113.88

CMP<value

Bearish

200- EMA

113.29

CMP <alue

Bearish

365- EMA

112.97

CMP<value

Bearish

800-H EMA

111.12

CMP>value

Bullish

 Major support-  110.80/110/109.40/107.85.

Major resistance-  112.60/113/114/114.70/115/116.25/117.

 

Momentum indicator

Inference

Value

CCI(50)

Bearish

-126

ADX

Bearish

Strength increased form 21.80 to 25

 It is good to sell on rallies around 112.28-30 with SL around 113 for a TP of 110/109.45.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

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