The AUDJPY pair, trading at 93.9310, has halted its five consecutive days of decline, managing to increase by 0.20% after rebounding from its lowest point of the week at 93.29. This indicates a minor upward movement in the trend.
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- AUD/JPY snaps five days of losses, gaining 0.20% and bouncing off a weekly low of 93.29, showing a slight upward trend.
The pair currently trades last at 93.9310.
The previous day high was 94.61 while the previous day low was 93.48. The daily 38.2% Fib levels comes at 93.91, expected to provide support. Similarly, the daily 61.8% fib level is at 94.18, expected to provide resistance.
The AUD/JPY reached a weekly low of 93.29 but bounced off, snapped five days of consecutive losses on Wednesday, and gained 0.20%. As Thursday’s Asian session begins, the AUD/JPY exchanges hand at 93.95, registering minuscule losses of 0.02%.
The AUD/JPY remains neutral to upward biased, as it remains above the Ichimoku Cloud, but turned neutral as prices fell below the Tenkan-Sen and Kijun-Sen lines. Even though the former crossed beneath the latter, the Chikou Span stays on top of prices but is about to turn bearish, which would put into consideration a possible change of the trend.
If AUD/JPY reclaims 94.00, that could open the door for a retest of the November 16 high at 94.65, ahead of the pair reaching the 95.00 mark. Once cleared, the Tenkan-Sen could be tested at 95.04, followed by the Senkou Span A line at 95.48, and then the Kijun-Sen line at 95.32.
On the flip side, if the AUD/JPY drops below the Senkou Span B line at 93.42, the weekly lows of 93.29 would be exposed. The AUD/JPY 93.00 figure would be up next. Once broken, support emerges at May 19 high turned support ate 92.35.
Technical Levels: Supports and Resistances
AUDJPY currently trading at 93.98 at the time of writing. Pair opened at 93.86 and is trading with a change of 0.13 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 93.98 |
| 1 | Today Daily Change | 0.12 |
| 2 | Today Daily Change % | 0.13 |
| 3 | Today daily open | 93.86 |
The pair is trading below its 20 Daily moving average @ 95.97, above its 50 Daily moving average @ 93.44 , above its 100 Daily moving average @ 91.51 and above its 200 Daily moving average @ 91.83
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 95.97 |
| 1 | Daily SMA50 | 93.44 |
| 2 | Daily SMA100 | 91.51 |
| 3 | Daily SMA200 | 91.83 |
The previous day high was 94.61 while the previous day low was 93.48. The daily 38.2% Fib levels comes at 93.91, expected to provide support. Similarly, the daily 61.8% fib level is at 94.18, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 93.35, 92.84, 92.21
- Pivot resistance is noted at 94.49, 95.12, 95.62
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 94.61 |
| Previous Daily Low | 93.48 |
| Previous Weekly High | 96.84 |
| Previous Weekly Low | 94.74 |
| Previous Monthly High | 97.68 |
| Previous Monthly Low | 90.30 |
| Daily Fibonacci 38.2% | 93.91 |
| Daily Fibonacci 61.8% | 94.18 |
| Daily Pivot Point S1 | 93.35 |
| Daily Pivot Point S2 | 92.84 |
| Daily Pivot Point S3 | 92.21 |
| Daily Pivot Point R1 | 94.49 |
| Daily Pivot Point R2 | 95.12 |
| Daily Pivot Point R3 | 95.62 |
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