AUD/JPY chart on Trading View used for analysis
- AUD/JPY rejected at daily cloud, further upside only on break above.
- The pair is trading 0.31% lower on the day at 79.90 at the time of trading.
- We see stiff resistance at 80.47 (converged 21-EMA and daily cloud).
- Price action is also below major moving averages and we do not see and major signs of reversal.
- 5-DMA has turned north and oversold pressure in Stochs on daily charts may see minor upside.
- Break above 80.47 could see test of 55-EMA at 80.93 ahead of 110-EMA at 81.59.
- Close below 5-DMA will see weakness. Next major support lies at 79.25 (trendline support).
Support levels - 79.90 (5-DMA), 79.20 (Trendline support)
Resistance levels - 80.47 (converged 21-EMA and daily cloud), 80.69 (50-DMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro- Major Crypto levels and bias summary
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: GBP/AUD bears maintain upper hand
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 



