Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

AUD/JPY Blasts to Fresh All-Time High at 111.47 — Yen in Freefall, Bulls Eye 112

 

AUDJPY strikes a new all-time high on board-based yen weakness. It is now trading at roughly 110.99, having reached an intraday high of 111.47.

 

Technicals

CMP -110.99

Trend

1- Hour chart

Value

 

 

55 EMA

110.63

CMP< value

Bullish

200- EMA

109.72

CMP< value

Bullish

365- EMA

109.26

CMP < value

Bullish

 

Major support- 110.35/109.80/108.95/108.50/107.65/106.85/106.

Major resistance-  111/111.64/112.

 

Momentum indicator

Inference

Value

CCI(50)

Above zero line (bullish)

69.79

ADX

Neutral

 

 

It is good to buy on dips around 110.58-60 with SL around 109.80 for a TP of 112.

 

 

 

  • Market Data
Close

Welcome to EconoTimes

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