AUDJPY gained sharply in the past two weeks as the yen lost its momentum. It hits an intraday high of 101.12 and is currently trading around 101.10. Intraday trend remains bullish as long as support 100 holds.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 101.10
EMA (4-hour chart)
55-EMA- 99.99
200-EMA- 98.79
365-EMA- 97.95.
The pair trades above the short and long-term moving averages.
Major Support- 100.60. Any breach below 100.60 will drag the pair down to 100/99.40/98.80/98.25/97.48/97/96/95/94.39.
Major resistance - 101.20. Any break above 101.20 confirms minor bullishness; a jump to 101.90/102.40/103 is possible.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Bullish. All indicators confirm a bullish trend.
It is good to good to buy on dips around 100.60-65 with SL around 100 for TP of 102..40.


FxWirePro- Woodies Pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
FxWirePro: USD/ZAR bears maintain upper hand
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot (Major)
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption 



