AUDJPY pared some of its gains on the strong yen. It hits an intraday low of 98.01 and is presently trading at around 98.07. The intraday trend is weak as long as the resistance at 99.50 holds.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 98.09
EMA (4-hour chart)
55-EMA- 99.07
200-EMA- 97.94
365-EMA- 97.16. The pair trades below short and long-term moving averages.
Major Support- 97.85 (Previous week low). Any breach below 97.85 will drag the pair down to 97/96.51/96/95.
Major resistance - 98.60. Any break above 98.60 confirms minor bullishness; a jump to 99/99.50/100 is possible.
Indicator (4-hour chart)
CCI (50)- Bearish
Average directional movement Index- Bearish. All indicators confirm a bearish trend.
It is good to sell on rallies around 98 with SL around 97.80 for TP of 100


FxWirePro- Major European Indices
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 



