Gold Pares Gains Amidst Dollar Strength; Technicals Signal Sell-on-Rally Opportunity 
EURUSD Weakens as Dollar Strength Dominates; Technicals Suggest Sell-on-Rally Opportunity 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
FxWirePro: USD/CAD extends advance as stronger dollar and falling oil weighs on loonie 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD firms slightly, but downward resumption looks likely 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
FxWirePro: USD/CAD gains as broad dollar strength lifts pair 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
FxWirePro: AUD/USD softens as Australian unemployment rate nears 5-year high 
US Gas Market Poised for Supercycle: Bernstein Analysts 
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Add as a preferred source on Google
AUD/JPY chart - Trading View
AUD/JPY is extending weakness for the 4th straight week and 3rd consecutive month, bias strongly bearish.
The pair failed to hold on to gains on Tuesday and closed 0.38% lower with a 'Spinning Top' formation.
Prices are extending lower on the day, the pair trades 1.33% lower at 63.71 at 11:25 GMT.
Risk-off returns as coronavirus crisis intensifies, the pair is likely to be under further pressure.
As the larger economic impact of the pandemic emerges, further pressure on the pair looks imminent.
Technical studies support further weakness in the pair. Next immediate support is seen at 62.271 (July 2002 low). Test of 58 level likely.
5-DMA is immediate resistance at 65.02. Break above could see gains till 200H MA (66.83).
Support levels - 62.271 (July 2002 low), 60.66 (May 2000 low)
Resistance levels - 65.02 (5-DMA), 66.83 (200H MA)
