The AUDJPY pair, currently trading at 94.3290, is experiencing a continuous decline as it drops below the Kijun-Sen line and hits a low of 94.11, the lowest in the past four weeks.
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- AUD/JPY continues to lose ground, falling below the Kijun-Sen line and reaching a four-week low at 94.11.
The pair currently trades last at 94.3290.
The previous day high was 95.59 while the previous day low was 94.74. The daily 38.2% Fib levels comes at 95.06, expected to provide resistance. Similarly, the daily 61.8% fib level is at 95.27, expected to provide resistance.
AUD/JPY extended its losses below the Kijun-Sen line after sellers broke technical support levels at around 95.18 before cracking the former at 94.90. The AUD/JPY slid to a new four-week low at 94.11 before stabilizing around current exchange rates. At the time of writing, the AUD/JPY is trading at 94.32, down 0.03% as the Asian session begins.
From a technical perspective, the AUD/JPY is still upward biased, as it remains above the Ichimoku Cloud, with the latest dip putting into play support levels not seen in a month. The 94.00 figure is next, followed by the Senkou Span B line at 93.41, and the December 13 daily high turned support at 93.35. If the cross falls below the latter, that could expose the 93.00 figure.
Conversely, the AUD/JPY buyers must reclaim the Kijun-Sen line at 95.18, so they can threaten to lift the pair above the Tenkan-Sen line at 95.47. In that outcome, the AUD/JPY’s next resistance would be the October 21 high at 95.74, ahead of reaching the 96.00 mark.
Technical Levels: Supports and Resistances
AUDJPY currently trading at 94.4 at the time of writing. Pair opened at 95.14 and is trading with a change of -0.78 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 94.40 |
| 1 | Today Daily Change | -0.74 |
| 2 | Today Daily Change % | -0.78 |
| 3 | Today daily open | 95.14 |
The pair is trading below its 20 Daily moving average @ 96.02, above its 50 Daily moving average @ 93.32 , above its 100 Daily moving average @ 91.48 and above its 200 Daily moving average @ 91.82
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 96.02 |
| 1 | Daily SMA50 | 93.32 |
| 2 | Daily SMA100 | 91.48 |
| 3 | Daily SMA200 | 91.82 |
The previous day high was 95.59 while the previous day low was 94.74. The daily 38.2% Fib levels comes at 95.06, expected to provide resistance. Similarly, the daily 61.8% fib level is at 95.27, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 94.72, 94.31, 93.87
- Pivot resistance is noted at 95.58, 96.01, 96.43
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 95.59 |
| Previous Daily Low | 94.74 |
| Previous Weekly High | 96.84 |
| Previous Weekly Low | 94.74 |
| Previous Monthly High | 97.68 |
| Previous Monthly Low | 90.30 |
| Daily Fibonacci 38.2% | 95.06 |
| Daily Fibonacci 61.8% | 95.27 |
| Daily Pivot Point S1 | 94.72 |
| Daily Pivot Point S2 | 94.31 |
| Daily Pivot Point S3 | 93.87 |
| Daily Pivot Point R1 | 95.58 |
| Daily Pivot Point R2 | 96.01 |
| Daily Pivot Point R3 | 96.43 |
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