GBPJPY Surges Past Trendline Resistance, Signaling Bullish Momentum 
FxWirePro- Woodies pivot (Major) 
FxWirePro: NZD/USD holds narrow range, scope for downward resumption 
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6700 
FxWirePro: GBP/USD recovers some ground but bearish outlook persist 
FxWirePro: AUD/USD holds narrow range, focus on near-term support 
FxWirePro: NZD/USD snaps eight-day losing streak 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR changes short term trend from neutral to bearish 
FxWirePro: USD/ZAR retreats slightly but trend is still bullish 
FxWirePro: USD/JPY advances as intervention fears fail to lift Yen 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD gaining momentum for a move towards 1.9300 level 
FxWirePro: EUR/ NZD gaining momentum for a move towards 2.0350 level 
AUDJPY is trading higher for the second consecutive week on board-based Australian dollar buying. Yesterday, it reached its highest point around 114.20; it is currently trading at roughly 114.06.
|
Technicals |
CMP -114.03 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
113.53 |
CMP> value |
Bullish |
|
200- EMA |
112.43 |
CMP >value |
Bullish |
|
365- EMA |
111.86 |
CMP>value |
Bullish |
Major support- 113/111.80/110.
Major resistance- 114.20/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
120.80 |
|
ADX |
Neutral |
|
It is good to buy on dips around 113.48-50 with SL around 112.80 for a TP of 116.
