AUDJPY holds above 103 after a 25 bps rate hike by BOJ. Intraday trend is bullish as long as the 102.30 support holds. Trading at 103.078 at present, it reached an intraday low of 103.06.
Oscillators and moving averages to forecast the trend of AUDJPY
CMP- 103.45
EMA (4-hour chart)
55-EMA- 103
200-EMA- 101.92
365-EMA- 100.77. The pair trades above short and above long-term moving average.
Major Support- 102.95. Any breach below 102.95 will drag the pair down to 102.25/102/101.40/100.98/100.35/100/99.70.
Major resistance - 103.90. Any break above 103.40 confirms minor bullishness; a jump to 104.10/104.55/105/106 is possible.
Indicator (4-hour chart)
CCI (50)- Bearish
Average directional movement Index- Neutral. All indicators confirm a neutral trend. trend.
It is good to buy on dips around 103 with SL around 102 for TP of 105.


FxWirePro:EUR/NZD dips below lower range, bearish bias increases
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro: GBP/NZD gains some upside momentum but still bearish 



