AUD/JPY chart - Trading View
AUD/JPY extends bull run for the 3rd straight week, hits new 39-month highs at 85.69.
The pair was trading at levels unseen since 5th Feb 2018, outlook strongly bullish.
GMMA indicator shows major and minor trend are strongly bullish with near and long term moving averages biased higher.
Volatility is high and rising and Stochs and RSI are sharply higher. MACD and ADX support gains in the pair.
Overbought oscillators warrant caution. That said, pullbacks are likely to be shallow and cloud offers strong support.
Price action has shown a break above crucial resistance at 200-month MA at 84.73. The pair is on track to test next major resistance at 88.6% Fib at 86.83.
Immediate support is seen at 5-DMA at 84.90. Failure to hold above 200-month MA negates further bullishness.


FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro- Major Crypto levels and bias summary
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro-Major European Indices
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
ETHUSD Dip: Prime Buy Zone to $3600 Targets 



