AUDJPY pared some of its gains on the strong yen. It hits an intraday low of 98.01 and is presently trading at around 98.07. The intraday trend is weak as long as the resistance at 99.50 holds.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 98.09
EMA (4-hour chart)
55-EMA- 99.07
200-EMA- 97.94
365-EMA- 97.16. The pair trades below short and long-term moving averages.
Major Support- 97.85 (Previous week low). Any breach below 97.85 will drag the pair down to 97/96.51/96/95.
Major resistance - 98.60. Any break above 98.60 confirms minor bullishness; a jump to 99/99.50/100 is possible.
Indicator (4-hour chart)
CCI (50)- Bearish
Average directional movement Index- Bearish. All indicators confirm a bearish trend.
It is good to sell on rallies around 98 with SL around 97.80 for TP of 100


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD remains buoyant, looks to extend gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias
FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
BTCUSD Coils in Tight Range: Will Geopolitical Stability Trigger a Breakout Toward $80,000?
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD edges lower, downside risk remains
AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark
Sterling’s Steady Ascent: GBPJPY Tests the 213.31 Resistance Amid a Two-Week Consolidation 



