AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro: GBP/AUD loses momentum but outlook is bullish 
FxWirePro:EUR/NZD extends fall, key support lies ahead 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
AUDJPY hits a fresh month high on board-based yen weakness. It reached an intraday high of 110.88 and is now trading at about 110.84.
|
Technicals |
CMP -110.84 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
109.83 |
CMP< value |
Bullish |
|
200- EMA |
109.31 |
CMP< value |
Bullish |
|
365- EMA |
108.99 |
CMP < value |
Bullish |
Major support- 110.35/109.80/108.95/108.50/107.65/106.85/106.
Major resistance- 110.30/110.78/111.64/112.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Above zero line (bullish) |
169.91 |
|
ADX |
Bullish |
Strength increased from21.08 to 34 |
It is good to buy on dips around 110 with SL around 109 for a TP of 112.
