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.


FxWirePro: USD/CAD edges lower but bullish outlook persists
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/CNY edges higher but bulls lack punch 



