The AUDJPY currency pair, currently at 96.2980, is hovering close to the Tenkan-Sen line and is striving to end the day above it.
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- AUD/JPY trades near the Tenkan-Sen line, seeking a daily close above it.
The pair currently trades last at 96.2980.
The previous day high was 96.09 while the previous day low was 95.38. The daily 38.2% Fib levels comes at 95.65, expected to provide support. Similarly, the daily 61.8% fib level is at 95.82, expected to provide support.
AUD/JPY advanced steadily during Tuesday’s session, printed solid gains of 0.59%, though it failed to achieve a daily close above the Tenkan-Sen line, seen as solid resistance above the spot price. As the Asian session begins, the AUD/JPY is trading at 96.27, down 0.04% but remains hovering around 96.46 where the Tenkan-Sen line lies.
From a daily chart perspective, the AUD/JPY is upward biased, but it would need to crack the June 24 daily high at 96.84 to resume its bullish trajectory, aimed to break the prior’s year-to-date (YTD) high of 97.67, as the cross-currency pair edges to 98.00. But firstly, the AUD/JPY needs to pierce above the Tenkan-Sen line at 96.46 and the 97.00 figure.
Conversely, the AUD/JPY first support would be the 96.00 figure. A breach of the latter will expose the June 27 low of 95.65, followed by the Senkou Span A line at 95.21, before the AUD/JPY pair tumbles towards the 95.00 mark.
Technical Levels: Supports and Resistances
AUDJPY currently trading at 96.33 at the time of writing. Pair opened at 95.8 and is trading with a change of 0.55 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 96.33 |
| 1 | Today Daily Change | 0.53 |
| 2 | Today Daily Change % | 0.55 |
| 3 | Today daily open | 95.80 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 94.4, 50 SMA 92.18, 100 SMA @ 91.11 and 200 SMA @ 91.74.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 94.40 |
| 1 | Daily SMA50 | 92.18 |
| 2 | Daily SMA100 | 91.11 |
| 3 | Daily SMA200 | 91.74 |
The previous day high was 96.09 while the previous day low was 95.38. The daily 38.2% Fib levels comes at 95.65, expected to provide support. Similarly, the daily 61.8% fib level is at 95.82, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 95.42, 95.04, 94.71
- Pivot resistance is noted at 96.13, 96.47, 96.85
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 96.09 |
| Previous Daily Low | 95.38 |
| Previous Weekly High | 97.68 |
| Previous Weekly Low | 95.26 |
| Previous Monthly High | 92.44 |
| Previous Monthly Low | 89.16 |
| Daily Fibonacci 38.2% | 95.65 |
| Daily Fibonacci 61.8% | 95.82 |
| Daily Pivot Point S1 | 95.42 |
| Daily Pivot Point S2 | 95.04 |
| Daily Pivot Point S3 | 94.71 |
| Daily Pivot Point R1 | 96.13 |
| Daily Pivot Point R2 | 96.47 |
| Daily Pivot Point R3 | 96.85 |
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