AUDJPY showed a minor sell-off after upbeat Australian CPI data. It reached an intraday low of 114.33 and is presently trading close to 114.348.
|
Technicals |
CMP -114.344 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
114.38 |
CMP< value |
Bearish |
|
200- EMA |
113.98 |
CMP >value |
Bullish |
|
365- EMA |
113.44 |
CMP>value |
Bullish |
Major support- 113.70/113/112.70/111.80/110.
Major resistance- 114.40/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-59.77 |
|
ADX |
Neutral |
|
It is good to buy on dips around 114 with SL around 113 for a TP of 116.


FxWirePro: EUR/AUD dips below lower range, bearish bias increases
FxWirePro:GBP/NZD hovers around 2.2970 as market await for BOE rate decision
FxWirePro: USD/CAD hits 7-week –low, scope for further downside
FxWirePro: GBP/AUD stuck in narrow ranges as trader brace For BoE guidance
FxWirePro: USD/CAD gains some upside momentum but still bearish
FxWirePro: USD/CNY recovers some ground but bears are not done yet
Ethereum Tests the Floor: Bulls Eye a Recovery as Key Averages Hold
FxWirePro: GBP/USD rises to its highest level since April 17
FxWirePro: GBP/NZD extends drop, eyes 2.2800 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD bulls struggles as upside momentum fades
Kiwi Under Pressure: NZDJPY Tests Key Support as Momentum Fades
FxWirePro: EUR/NZD outlook weaker on renewed downside pressure
Geopolitical Jitters vs. Institutional Might: Bitcoin Braces for Ceasefire Clarity
FxWirePro: USD/ JPY takes back some lost ground
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption 



