Chart - Courtesy Trading View
Technical Analysis: Bias Bearish
- Recovery attempts lack traction, scope for downside resumption
- Upside capped at 200-DMA, 5-DMA is sharply lower
- Volatility is high as evidenced by widening Bollinger bands
- Price action is below 200H MA and GMMA indicator shows strong bearish bias on the intraday charts
- Momentum is bearish, Stochs and RSI are sharply lower
- The pair has bounced off cloud support on the daily charts, break below will plummet prices
Support levels - 82.55 (110-EMA), 82.07 (50% Fib), 81.45 (Cloud base)
Resistance levels - 82.89 (200-DMA), 83.01 (5-DMA), 83.56 (21-EMA)
Summary: AUD/JPY trades with a bearish bias. Scope for resumption of downside. Dip till 81 levels likely. Bearish invalidation likely on retrace above 200-DMA.


FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD edges higher but outlook is bearish
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro: GBP/USD falls to two-day low, scope for further downside
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 



