The exchange rate for the AUDJPY currency pair is currently at 94.22, showing little to no change as trading begins on Tuesday.
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- AUD/JPY trades at 94.22, almost flat as Tuesday’s session begins.
The pair currently trades last at 94.2340.
The previous day high was 94.46 while the previous day low was 93.59. The daily 38.2% Fib levels comes at 94.13, expected to provide support. Similarly, the daily 61.8% fib level is at 93.92, expected to provide support.
The Australian Dollar (AUD) posted minuscule gains on Monday versus the Japanese Yen (JPY), after the Bank of Japan (BoJ) Governor Kazuo Ueda made comments that the end of negative interest rates is possible if data warrants it. Hence, market participants priced in a possible monetary policy normalization as the JPY registered solid gains. Nevertheless, they were short-lived, as shown by the AUD/JPY pair. At the time of writing, the cross trades at 94.22, almost flat, as Tuesday’s session begins.
The daily chart portrays the pair as neutral biased, with no clear bias, as the pair forms a symmetrical triangle preceded by a downtrend. Also, the Senkou Span A and B lines that form the Ichimoku Clous (Kumo) and the Tenkan and Kijun-Sen are flat. That said, neither buyers nor sellers are in charge, awaiting a fresh catalyst that directs the AUD/JPY pair.
From an hourly chart perspective, the pair finished Monday’s session near the session’s highs, suggesting an upward bias. Hence, the AUD/JPY first resistance would be the September 11 high at 94.45, followed by the September 4 swing high at 94.70, before challenging 95.00. Conversely, the first support would be the top of the Kumo at 94.10, followed by the 94.00 figure. A breach of that area would shift the bias downwards.
Technical Levels: Supports and Resistances
AUDJPY currently trading at 94.26 at the time of writing. Pair opened at 94.28 and is trading with a change of -0.02 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 94.26 |
| 1 | Today Daily Change | -0.02 |
| 2 | Today Daily Change % | -0.02 |
| 3 | Today daily open | 94.28 |
The pair is trading above its 20 Daily moving average @ 94.06, below its 50 Daily moving average @ 94.42 , above its 100 Daily moving average @ 93.53 and above its 200 Daily moving average @ 91.96
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 94.06 |
| 1 | Daily SMA50 | 94.42 |
| 2 | Daily SMA100 | 93.53 |
| 3 | Daily SMA200 | 91.96 |
The previous day high was 94.46 while the previous day low was 93.59. The daily 38.2% Fib levels comes at 94.13, expected to provide support. Similarly, the daily 61.8% fib level is at 93.92, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 93.76, 93.24, 92.89
- Pivot resistance is noted at 94.63, 94.98, 95.49
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 94.46 |
| Previous Daily Low | 93.59 |
| Previous Weekly High | 94.72 |
| Previous Weekly Low | 93.59 |
| Previous Monthly High | 95.81 |
| Previous Monthly Low | 92.79 |
| Daily Fibonacci 38.2% | 94.13 |
| Daily Fibonacci 61.8% | 93.92 |
| Daily Pivot Point S1 | 93.76 |
| Daily Pivot Point S2 | 93.24 |
| Daily Pivot Point S3 | 92.89 |
| Daily Pivot Point R1 | 94.63 |
| Daily Pivot Point R2 | 94.98 |
| Daily Pivot Point R3 | 95.49 |
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