After a big gap up yesterday, AUD/JPY remains over the 99 level. Having reached an intraday high of 99.68, it now trades at about 99.45. As long as support at 98 holds, the intraday trend is upward.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 99.457
EMA (4-hour chart)
55-EMA- 97.91
200-EMA- 96.67
365-EMA- 97.28. The pair trades above short and long-term moving averages.
Major Support- 99. Any breach below 99 will drag the pair down to 98.60/98/97.60/97/96.51/96/95.
Major resistance - 100. Any break above 100 confirms minor bullishness, a jump to 100.50/102/102.80 is possible.
Indicator (4 hour chart)
CCI (50)- Bullish
Average directional movement Index- Bullish . All indicators confirm a bullish trend.
It is good to buy on dips around 99 with SL around 98.60 for TP of 100.


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Major European Indices
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: AUD/USD dips on soft China data
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00 



