Thursday, October 15, 2026

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FxWirePro: AUD/JPY upside stalls at 61.8% Fib, price action contained within daily cloud

Daily cloud still weighs on AUD/JPY upside, price action remains contained within the cloud. Upside on Thursday was capped at 85.70 levels, which is 61.8% Fib retracement of 90.725 to 77.582 fall. Momentum is higher, RSI…

By Jay L. Zagorsky
1 min read
FxWirePro: AUD/JPY upside stalls at 61.8% Fib, price action contained within daily cloud
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  • Daily cloud still weighs on AUD/JPY upside, price action remains contained within the cloud.
     
  • Upside on Thursday was capped at 85.70 levels, which is 61.8% Fib retracement of 90.725 to 77.582 fall.
     
  • Momentum is higher, RSI strength seen at 60 levels, and major moving averages are biased higher.
     
  • Breaks above daily cloud (currently spanning 83.817 and 84.969) and 61.8% Fib at 85.70 could see further upside.
     
  • Pair finds next resistance above 85.70 at 86.36 (Jan 29th highs) and then at 87.36 (200-DMA) and then 87.51 (Sept 17th highs).
     
  • Cloud base at 83.82 is immediate support on the downside, ahead of 83.57 (5-DMA)

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team