Chart - Courtesy Trading View
Technical Analysis: Bias Bearish
- AUD/JPY was trading unchanged at 89.63 at around 12:00 GMT, with session high at 90.12 and low at 88.45
- Weakness on account of bearish RSI divergence and overbought oscillators has found support at 110-EMA
- Price action is within the daily cloud and the pair remains stuck between 55 and 110 EMAs
- GMMA indicator shows minor trend is still bearish while major trend is neutral
Support levels:
S1: 87.72 (110-EMA)
S2: 84.32 (200-DMA)
Resistance levels:
R1: 90.00 (55-EMA)
R2: 91.17 (21-EMA)
Summary: AUD/JPY stuck between major moving averages, sideways grind to continue for a few sessions. Breakout will provide clear directional bias.


FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 



