AUDJPY breaks multi-week resistance around 114.73 after a long consolidation.It reached an intraday high of 114.734 and is presently trading close to 114.71.
|
Technicals |
CMP -114.71 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
113.98 |
CMP>value |
Bullish |
|
200- EMA |
113.42 |
CMP >value |
Bullish |
|
365- EMA |
112.45 |
CMP>value |
Bullish |
Major support- 114/113.38/112.80/112/111.80/110.
Major resistance- 115/116.25/117
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
102 |
|
ADX |
Neutral |
|
It is good to buy on dips around 113.85 with SL around 113 for a TP of 116.25/117.


FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals 



