As the yen weakens, AUDJPY shot beyond 106. Should the 105.70 support level hold, the intraday trend stays toward the bulls. It peaked during the trading session at 106.63, currently at 106.55.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 106.54
EMA (4-hour chart)
55-EMA- 105.90
200-EMA- 105.31
365-EMA- 104.83. The pair trades above short and long term moving average.
Major Support- 105.90. Any breach below 105.90 will drag the pair down to 105.44/105/104.70/104.35/103.80/103.50/103.
Major resistance - 106.70 Any break above 106.70 confirms minor bullishness, a jump to 107/107.77/108/109 is possible.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Bullish. All indicators confirm a bullish trend.
It is good to buy on dips around 105.40-45 with SL 104.70 for TP of 107.


Aussie Ascent: AUDJPY Bulls Target 115.00 Following Broad-Based AUD Buying
FxWirePro- Major European Indices
NZDJPY Holds Firm: Bullish Bias Intact Despite Temporary Top at 94.18
FxWirePro: EUR/AUD falls below 1.6200 level, plunge to test a key fibo grows
FxWirePro: EUR/ NZD stays range-bound but maintains bearish bias
FxWirePro: USD/ZAR rebounds strongly, upside pressure builds
FxWirePro -Major European Indices
FxWirePro: GBP/AUD under pressure , knocking on door of key support
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking
FxWirePro: AUD/USD softens slightly, but remains bid overall
Bitcoin Teeters Near USD 70,000 as USD 245 Million Liquidation Wave Rocks Crypto Markets
Kiwi Strength: NZDJPY Bulls Eye 95 as Support Holds Firm
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: USD/CNY recovers slightly from early decline but bears are not done yet 



