AUD/JPY chart - Trading View
AUD/JPY was trading 0.20% lower on the day at 74.85 at around 06:25 GMT, outlook remains bullish.
The pair has paused 5 straight sessions of gains, finds stiff resistance at 55-EMA. Decisive break above required for upside continuation.
Poor Australia’s September month Trade Balance data dents the AUD. Data released earlier today showed Australia’s Trade surplus shrank more than expected.
Australia’s September month Trade Balance eased to 5.63bn (3.7bn expected) as the big -5.9% drop in Imports supersede +3.9% rise in Exports.
Price action is above 200H MA and intraday technicals are bullishly aligned. MACD is showing a bullish crossover on signal line and 'Bullish RSI Divergence' adds to upside bias.
Support levels - 74.65 (21-EMA), 74.40 (5-DMA)
Resistance levels - 75.09 (55-EMA), 75.61 (110W EMA)
Summary: Risk sentiment to influence price action in the pair. Technical indicators have a bullish bias. breakout at 55-EMA resistance will buoy prices. Scope for test of 76.52 (Oct highs).


FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro- Major Crypto levels and bias summary
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: USD/JPY on nervous hold around 160.00
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears 



