Following a small sell-off of over 250 pips, AUDJPY maintains above 110.50. Having dropped to an intraday low of 109.50, it is presently trading at around 110.62.
|
Technicals |
CMP -110.58 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
110.90 |
CMP <value |
Bearish |
|
200- EMA |
110.50 |
CMP> value |
Bullish |
|
365- EMA |
109.97 |
CMP> value |
Bullish |
Major support- 110.35/109.80/109.50/108.95/108.50/107.65.
Major resistance- 111.15/112.10/113
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-65.43 |
|
ADX |
Neutral |
|
It is good to buy on dips around 110.25-30 with SL around 109.50 for a TP of 112.


FxWirePro: USD/JPY edges lower but bullish outlook persists
FxWirePro: EUR/AUD in narrow range, bias bearish
FxWirePro:NZD/USD recovers some ground but bulls lack punch
AUDJPY Bulls Eye 113: Dip-Buying Bonanza After 400-Pip Surge
FxWirePro: EUR/ NZD trends higher, but faces potential pitfalls
FxWirePro: USD/ZAR gains momentum, trend remains bullish
FxWirePro: EUR/ NZD extends drop, faces 38.2% fib support
FxWirePro: USD/JPY runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD softens despite reasonably solid Australia GDP data
Kiwi Under Pressure: NZDJPY Bulls Falter as Momentum Shifts Toward a 90.00 Target
FxWirePro: GBP/NZD stuck in range but maintains bearish bias
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD falls below 1.8900 ,bears keep the advantage
Ethereum Rides the Crypto Wave: ETH Breaks USD 2,050 with Sights Set on USD 2,500
Safe-Haven Surge: USD/CHF Targets 0.8000 Amid Escalating Israel-Iran Tensions
FxWirePro: NZD/USD downside pressure builds, key support level in focus 



