AUD/JPY chart - Trading View
AUD/JPY was trading 0.16% lower on the day at 74.29 at around 07:15 GMT, bias neutral.
The pair is extending sideways grind as price consolidates break below 110-EMA.
Outlook for the pair is bearish. Technical analysis suggests further weakness for the pair.
Price action is below cloud and major EMA's. GMMA shows minor trend is strongly bearish.
MACD and ADX support downside in the pair. Volatility is high and resumption of weakness will see test of 200-DMA at 72.82.
5-DMA is immediate resistance at 74.42. Retrace above 110-EMA will negate any bearish bias. Breakout above daily cloud will change near-term dynamics.
Major Support Levels:
S1: 73.84 (Lower BB)
S2: 72.82 (200-DMA)
S3: 72.52 (June 12 low)
Major Resistance Levels:
R1: 74.42 (5-DMA)
R2: 74.82 (110-EMA)
R3: 75.15 (20-DMA)
Summary: Aussie under pressure as RBA is widely expected to cut rates at its Nov meeting. Risk-off also weighs on the pair. Scope for downside resumption. 200-DMA in sight. Bearish invalidation only above daily cloud.


FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 



