Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

AUDJPY Braces for Deeper Slump as Aussie Dollar Momentum Evaporates

 

 

 

AUDJPY pared most of its gains as Australian dollar lost its momentum. It reached an intraday  low of 113.39 and is presently trading close to 113.489

 

Technicals

CMP -113.469

Trend

1- Hour chart

Value

 

 

55 EMA

114.15

CMP<value

Bearish

200- EMA

113.86

CMP <value

Bearish

365- EMA

113.66

CMP<value

Bearish

 Major support- 113/112/111.80/110.

Major resistance-  113.70/114.40/115/116.25

Momentum indicator

Inference

Value

CCI(50)

Bearish

-267.76

ADX

Bearish

Strength increased from 40.97 to 50

 It is good to sell on rallies around 113.68-70 with SL around 114.40 for a TP of 110.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.