Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

Aussie Weakness Takes Hold: AUD/JPY Bears Eye a Slide Toward the 110 Handle

AUDJPY showed a minor sell-off as Australian dollar loses momentum. It reached an low of 112.63 yesterday and is presently trading close to 112.99.

 

Technicals

CMP -113.14

Trend

1- Hour chart

Value

 

 

55 EMA

113.29

CMP<value

Bearish

200- EMA

113.60

CMP <value

Bearish

365- EMA

113.56

CMP<value

Bearish

 Major support- 113/112/111.80/110.

Major resistance-  113.60/114/114.40/115/116.25

Momentum indicator

Inference

Value

CCI(50)

Bearish

-81.94

ADX

Neutral

 

 It is good to sell on rallies around 113.68-70, with an SL around 114.40, for a TP of 110.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

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