At the moment, AUDJPY is being traded at around 94.80, after reaching its highest point this year of 95.05.
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- AUD/JPY is currently trading in the 94.80s, having hit a YTD high of 95.05
The pair currently trades last at 94.8270.
The previous day high was 94.42 while the previous day low was 93.88. The daily 38.2% Fib levels comes at 94.21, expected to provide support. Similarly, the daily 61.8% fib level is at 94.08, expected to provide support.
AUD/JPY rallies past the previous year-to-date (YTD) high of 94.41 and pierces the 95.00 figure to reach a new YTD high, though retraced somewhat, meandering at around 94.80s, after hitting a low of 93.97.
AUD/JPY is set to extend its uptrend after printing a new year-to-date (YTD) high at 95.05. However, oscillators like the Relative Strength Index (RSI) indicator portray the AUD/JPY as overbought. Of note, the AUD/JPY might consolidate above the November 16 high at 94.65 and the 95.00 figure, ahead of the Federal Reserve’s (Fed) decision, which is set to spark volatility in the financial markets.
If AUD/JPY climbs above 95.00, the next resistance would be the October 21 high at 95.74 before challenging the 96.00 figure. Once cleared, next would be the September 20 high at 96.54, before the AUD/JPY tests at 97.00.
Conversely, if AUD/JPY drops below 94.00, it would pave the way toward the December 13 high at 93.35, followed by the Tenkan-Sen line at 93.08.
Technical Levels: Supports and Resistances
AUDJPY currently trading at 94.84 at the time of writing. Pair opened at 94.24 and is trading with a change of 0.64 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 94.84 |
| 1 | Today Daily Change | 0.60 |
| 2 | Today Daily Change % | 0.64 |
| 3 | Today daily open | 94.24 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 92.07, 50 SMA 90.72, 100 SMA @ 90.66 and 200 SMA @ 91.77.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 92.07 |
| 1 | Daily SMA50 | 90.72 |
| 2 | Daily SMA100 | 90.66 |
| 3 | Daily SMA200 | 91.77 |
The previous day high was 94.42 while the previous day low was 93.88. The daily 38.2% Fib levels comes at 94.21, expected to provide support. Similarly, the daily 61.8% fib level is at 94.08, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 93.94, 93.64, 93.4
- Pivot resistance is noted at 94.48, 94.72, 95.03
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 94.42 |
| Previous Daily Low | 93.88 |
| Previous Weekly High | 94.10 |
| Previous Weekly Low | 92.14 |
| Previous Monthly High | 92.44 |
| Previous Monthly Low | 89.16 |
| Daily Fibonacci 38.2% | 94.21 |
| Daily Fibonacci 61.8% | 94.08 |
| Daily Pivot Point S1 | 93.94 |
| Daily Pivot Point S2 | 93.64 |
| Daily Pivot Point S3 | 93.40 |
| Daily Pivot Point R1 | 94.48 |
| Daily Pivot Point R2 | 94.72 |
| Daily Pivot Point R3 | 95.03 |
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