Chart - Courtesy Trading View
Technical Analysis:
- AUD/JPY was trading 0.81% higher on the day at 93.03 at around 07:45 GMT
- The pair is rising for the 4th consecutive session, bias remains bullish
- Price action has broken above daily cloud, raising scope for further gains
- Momentum is bullish, Stochs and RSI are sharply higher
- MACD confirms a bullish crossover on signal line, ADX supports upside
Fundamental Overview:
The Australian Bureau of Statistics reported the quarterly GDP numbers at 0.8% against the estimates of 0.7% and the prior print of 3.4%.
On an annualised basis, Australia GDP stood at 3.3% vs. the expectation of 3% and the former figure of 4.2%.
The IHS Markit has reported Caixin Manufacturing PMI at 48.1, higher than the forecasts and the prior print of 47 and 46 respectively.
Support levels - 91.89 (50-DMA), 90.65 (20-DMA)
Resistance levels - 93.04 (Upper BB), 95.74 (April 18 high)
Summary: AUD/JPY trades with a bullish bias. The pair is on track to retest yearly high


NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
FxWirePro: USD/JPY upside capped as intervention risk limit upside
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
FxWirePro- Major Pair levels and bias summary
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff 



