The currency pair AUDJPY is currently around 94.54 and is expected to be influenced by the future announcements of the Westpac Leading Index and Reuters Tankan Index.
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- AUD/JPY hovers around 94.54, with upcoming releases of the Westpac Leading Index and Reuters Tankan Index set to impact the pair.
The pair currently trades last at 94.5420.
The previous day high was 95.18 while the previous day low was 94.02. The daily 38.2% Fib levels comes at 94.46, expected to provide support. Similarly, the daily 61.8% fib level is at 94.73, expected to provide resistance.
AUD/JPY is almost unchanged as Wednesday’s Asian session commences, which will showcase the release of the Westpac Leading Index on the Australian front and the Reuters Tankan Index for July, a sentiment index for manufacturers in Japan. As of writing, the AUD/JPY is trading at 94.54, below its opening price by 0.01%, with sellers eyeing a break below the Tenkan-Sen line at 94.41.
The AUD/JPY daily chat portrays the pair as neutral biased after diving towards its current week low of 93.77 on Tuesday, but words from the Bank of Japan (BoJ) Governor Kazuo Ueda, weighed on the Japanese Yen (JPY), bolstering the AUD/JPY, which closed above its opening price. That formed a dragonfly-doji, opening the door for further upside late in the European session.
An AUD/JPY bullish resumption would occur when the pair claims the 95.00 figure. Break above would expose the July 14 and the Kijun-Sen confluence at around 95.38/95.45, immediately followed by the October 21 daily high at 95.74. Once those levels are surpassed, the AUD/JPY’s next goal would be 96.00.
Conversely, for an AUD/JPY bearish continuation, the pair must get below the 94.00 handle. A breach of the latter will expose the weekly low of 93.44, followed by the July 12 low of 93.23, before getting to the 93.00 mark.
Technical Levels: Supports and Resistances
AUDJPY currently trading at 94.54 at the time of writing. Pair opened at 94.55 and is trading with a change of -0.01 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 94.54 |
| 1 | Today Daily Change | -0.01 |
| 2 | Today Daily Change % | -0.01 |
| 3 | Today daily open | 94.55 |
The pair is trading below its 20 Daily moving average @ 95.57, above its 50 Daily moving average @ 93.77 , above its 100 Daily moving average @ 91.62 and above its 200 Daily moving average @ 91.86
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 95.57 |
| 1 | Daily SMA50 | 93.77 |
| 2 | Daily SMA100 | 91.62 |
| 3 | Daily SMA200 | 91.86 |
The previous day high was 95.18 while the previous day low was 94.02. The daily 38.2% Fib levels comes at 94.46, expected to provide support. Similarly, the daily 61.8% fib level is at 94.73, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 93.99, 93.43, 92.84
- Pivot resistance is noted at 95.14, 95.74, 96.3
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 95.18 |
| Previous Daily Low | 94.02 |
| Previous Weekly High | 95.48 |
| Previous Weekly Low | 93.27 |
| Previous Monthly High | 97.68 |
| Previous Monthly Low | 90.30 |
| Daily Fibonacci 38.2% | 94.46 |
| Daily Fibonacci 61.8% | 94.73 |
| Daily Pivot Point S1 | 93.99 |
| Daily Pivot Point S2 | 93.43 |
| Daily Pivot Point S3 | 92.84 |
| Daily Pivot Point R1 | 95.14 |
| Daily Pivot Point R2 | 95.74 |
| Daily Pivot Point R3 | 96.30 |
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