Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117

AUDJPY rises for the fifth straight day as the yen loses steam. Yesterday it peaked at 114.91, and right now it is trading close to 114.807.

 

Technicals

CMP -114.807

Trend

4- Hour chart

Value

 

 

55 EMA

114.08

CMP>value

Bullish

200- EMA

113.48

CMP >value

Bullish

365- EMA

112.50

CMP>value

Bullish

 Major support- 114.35/114/113.38/112.80/112/111.80/110.

Major resistance-  115/116.25/117

Momentum indicator

Inference

Value

CCI(50)

Bullish

172.51

ADX

Neutral

 

 It is good to good to buy on dips around 113.85 with SL around 113 for a TP of 116.25/117.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

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