The AUDJPY currency pair reaches a resistance level at 95.00 after hitting a price of 94.4810, indicated by the Tenkan-Sen line crossing below the Kijun-Sen line.
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- AUD/JPY stalls at 95.00, with the Tenkan-Sen cross below the Kijun-Sen.
The pair currently trades last at 94.4810.
The previous day high was 95.38 while the previous day low was 94.55. The daily 38.2% Fib levels comes at 94.87, expected to provide resistance. Similarly, the daily 61.8% fib level is at 95.06, expected to provide resistance.
AUD/JPY losses some steam after hitting a daily high of 94.91 and aims lower by 0.34% on a risk-off impulse. The AUD/JPY pair faced the Tenkan-Sen line but failed to gain traction past the 95.00 mark, exacerbating a fall to the current exchange rate. At the time of writing, the AUD/JPY Is trading at 94.52.
From a medium-term bias, the AUD/JPY is neutral to upward biased, but more technical indicators suggest the pair would shift neutral. The cross of the Tenkan-Sen below the Kijun-Sen, and price action moving beneath both, are the first two bearish signals. Those, along with the cross of the Chikou Span, below the June 13 daily candle, opened the door for the AUD/JPY to consolidate within the June 13 daily high and low of 93.97/95.05, eyeing a fresh catalyst to break the top/bottom of the range.
The AUD/JPY must claim the Tenkan-Sen line at 94.77 for a bullish resumption. A breach of the latter will expose the 95.00 figure, followed by the Kijun-Sen line at 95.11, which, once cleated, could pave the way for further upside past the October 21 daily high of 95.74.
Conversely, for a bearish continuation, the AUD/JPY first support would be the current week low of 94.01, followed by the July 12 swing low of 93.23. Once both support levels give way, the 93.00 psychological level would be up next.
Technical Levels: Supports and Resistances
AUDJPY currently trading at 94.58 at the time of writing. Pair opened at 94.93 and is trading with a change of -0.37 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 94.58 |
| 1 | Today Daily Change | -0.35 |
| 2 | Today Daily Change % | -0.37 |
| 3 | Today daily open | 94.93 |
The pair is trading below its 20 Daily moving average @ 95.7, above its 50 Daily moving average @ 93.71 , above its 100 Daily moving average @ 91.59 and above its 200 Daily moving average @ 91.85
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 95.70 |
| 1 | Daily SMA50 | 93.71 |
| 2 | Daily SMA100 | 91.59 |
| 3 | Daily SMA200 | 91.85 |
The previous day high was 95.38 while the previous day low was 94.55. The daily 38.2% Fib levels comes at 94.87, expected to provide resistance. Similarly, the daily 61.8% fib level is at 95.06, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 94.52, 94.12, 93.68
- Pivot resistance is noted at 95.36, 95.79, 96.2
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 95.38 |
| Previous Daily Low | 94.55 |
| Previous Weekly High | 95.48 |
| Previous Weekly Low | 93.27 |
| Previous Monthly High | 97.68 |
| Previous Monthly Low | 90.30 |
| Daily Fibonacci 38.2% | 94.87 |
| Daily Fibonacci 61.8% | 95.06 |
| Daily Pivot Point S1 | 94.52 |
| Daily Pivot Point S2 | 94.12 |
| Daily Pivot Point S3 | 93.68 |
| Daily Pivot Point R1 | 95.36 |
| Daily Pivot Point R2 | 95.79 |
| Daily Pivot Point R3 | 96.20 |
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