AUD/JPY chart on Trading View used for analysis
- AUD/JPY tests 21-EMA at 79.98, break above to see further upside.
- The pair has spiked 0.92% on the day and is trading at 80.00 at the time of writing.
- Technical indicators have turned bullish and we see scope for further upside.
- Stochs and RSI have turned higher and MACD is on verge of bullish crossover on signal line.
- We also evidence 'Bullish Divergence' on RSI and Stochs which adds to the bullish bias.
- Breakout at 21-EMA eyes 55-EMA at 80.57 ahead of daily cloud at 80.61. Rejection at 21-EMA could see weakness till 78.56.
- Investors look forward to BoJ on Wednesday for fresh directional impetus.
Support levels - 79.48 (5-DMA), 78.90 (lower BB), 78.56 (Oct 26 low)
Resistance levels - 80.57 (55-EMA), 81.30 (110-EMA), 82.31 (200-DMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
Moldova Criticizes Russia Amid Transdniestria Energy Crisis
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
China's Refining Industry Faces Major Shakeup Amid Challenges
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Major European Indices
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound 



