#AUDJPY is experiencing limited trading activity, with its movement hindered by the 94.50 level, which acts as the initial barrier.

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#AUDJPY is experiencing limited trading activity, with its movement hindered by the 94.50 level, which acts as the initial barrier.

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  • AUD/JPY trades subdued, capped by the 94.50 figure as the first resistance level.
  • The pair remaining inside the Kumo could pave the way for consolidation.
  • While the 95.00 resistance trendline poses an immediate challenge, surpassing Kumo’s top could rally AUD/JPY toward the August 1 peak.
  • The pair currently trades last at 94.3950.

    The previous day high was 94.59 while the previous day low was 94.02. The daily 38.2% Fib levels comes at 94.24, expected to provide support. Similarly, the daily 61.8% fib level is at 94.37, expected to provide support.

    The AUD/JPY hovers around 94.40s, post-Monday’s positive session, with the cross-currency pair printing 0.33% gains, though the psychological 94.50 area capped the rally. At the time of writing, the AUD/JPY changes hands at 94.42, likely to remain sideways, as the pair stands inside the Ichimoky Cloud (Kumo).

    From a technical standpoint, the AUD/JPY remains neutral-biased, though tilted downwards. On the upside, the AUD/JPY is capped by a two-month-old downslope resistance trendline at around 95.00. The next resistance would be the top of the Kumo at 95.20, which, once cleared, would expose the August 1 at 95.82 before testing 96.00.

    On the flip side, the AUD/JPY first support would be followed by the 94.00 figure. The Tenkan-Sen is up next at 93.92, followed by the Senkou Span A at 93.87, ahead of the Kijun-Sen at 93.82.

    Technical Levels: Supports and Resistances

    AUDJPY currently trading at 94.4 at the time of writing. Pair opened at 94.17 and is trading with a change of 0.24 % .

    Overview Overview.1
    0 Today last price 94.40
    1 Today Daily Change 0.23
    2 Today Daily Change % 0.24
    3 Today daily open 94.17

    The pair is trading above its 20 Daily moving average @ 94.39, below its 50 Daily moving average @ 94.93 , above its 100 Daily moving average @ 92.54 and above its 200 Daily moving average @ 91.91

    Trends Trends.1
    0 Daily SMA20 94.39
    1 Daily SMA50 94.93
    2 Daily SMA100 92.54
    3 Daily SMA200 91.91

    The previous day high was 94.59 while the previous day low was 94.02. The daily 38.2% Fib levels comes at 94.24, expected to provide support. Similarly, the daily 61.8% fib level is at 94.37, expected to provide support.

    Note the levels of interest below:

    • Pivot support is noted at 93.93, 93.69, 93.36
    • Pivot resistance is noted at 94.5, 94.83, 95.07
    Levels Levels.1
    Previous Daily High 94.59
    Previous Daily Low 94.02
    Previous Weekly High 94.94
    Previous Weekly Low 92.90
    Previous Monthly High 96.84
    Previous Monthly Low 91.79
    Daily Fibonacci 38.2% 94.24
    Daily Fibonacci 61.8% 94.37
    Daily Pivot Point S1 93.93
    Daily Pivot Point S2 93.69
    Daily Pivot Point S3 93.36
    Daily Pivot Point R1 94.50
    Daily Pivot Point R2 94.83
    Daily Pivot Point R3 95.07

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