Chart - Courtesy Trading View
AUD/JPY was trading 0.37% lower on the day at 93.07 at around 16:30 GMT.
The pair has slipped below daily cloud and 110-EMA support, raising scope for further downside.
Technical indicators are strongly bearish. Stochs and RSI are sharply lower. RSI is well below 50 and Stochs are in oversold zone.
Volatility is high and rising, major moving averages are trending lower. Price action is below 200H MA.
MACD and ADX support downside in the pair. Chikou span is biased lower. The pair has slipped below 21-week MA.
Support levels - 92.24 (Aug 5th low), 90.16 (200-DMA)
Resistance levels - 93.32 (110-EMA), 94.02 (5-DMA)
Summary: AUD/JPY is extending bearish streak for the sixth straight session. Further weakness on cards. Close below 21-week EMA, will accentuate downside.


GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Major European Indices
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 



