AUD/JPY Roars Higher: Bullish Breakout Eyes 110 as Aussie Momentum Surges
AUDJPY gained sharply as Australian dollar gained momentum. The intraday trend is upward as long as support 106 holds. It hits an intraday high of 108.53and is currently trading around 108.45.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 108.17
EMA (1-hour chart)
55-EMA- 107.25
200-EMA- 106.92
365-EMA- 106.48. The pair trades above the short and long-term moving averages.
Major Support- 107.90. Any breach below 107.90 will drag the pair down to 107.50/107/106/105.44/105/104.70/104.35/103.80/103.50/103.
Major resistance - 107.25. Any break above 107.25 confirms minor bullishness; a jump to 108/108.52/109.20/110 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 108 with SL 107 for TP of 110.


FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro:EUR/NZD extends fall, key support lies ahead
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD hits one-month high, scope for further upside
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: GBP/AUD loses momentum but outlook is bullish
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro: GBP/NZD gains some upside momentum but still bearish 



