Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

Aussie Retraction: AUDJPY Slumps as Yen Pullback Gains Traction

AUDJPY declined below 114 as yen showed a minor pullback.  It reached an intraday high of 114.44  and is presently trading close to 114.174.

 

Technicals

CMP -113.71

Trend

1- Hour chart

Value

 

 

55 EMA

114.29

CMP< value

Bearish

200- EMA

114.03

CMP <value

Bearish

365- EMA

113.54

CMP>value

Bullish

 Major support- 113.70/113/112.70/111.80/110.

Major resistance-  114.40/115/116.25

Momentum indicator

Inference

Value

CCI(50)

Bearish

-217

ADX

Bearish

Strength increased from 29.88 to 31.78

 It is good to sell on rallies around 114, with an SL around 114.60, for a TP of 111.80.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

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