The AUDJPY cross-currency pair is currently trading at 94.5290 on the daily chart, showing a period of consolidation as buyers are targeting the 95.00 level.
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]
- The daily chart portrays the cross-currency pair in consolidation as bulls eye 95.00.
The pair currently trades last at 94.5290.
The previous day high was 94.46 while the previous day low was 93.65. The daily 38.2% Fib levels comes at 94.15, expected to provide support. Similarly, the daily 61.8% fib level is at 93.96, expected to provide support.
The Australian Dollar (AUD) exchanges hands near the weekly highs vs. the Japanese Yen (JPY(, but remains trading sideways amidst the lack of clear catalysts that boost or undermine the former. As Wednesday’s Asian session begins, the AUD/JPY is trading at 94.48, down by 0.02%.
The daily chart depicts the pair as neutral to upward based, capped on the upside by the September 5 swing high of 94.71. If the pair breaks that level, the next resistance would be the 95.00 figure, followed by the July 25 swing high at 95.85. On the downside, the AUD/JPY finds support at the top of the Ichimoku Cloud (Kumo) at 94.20. A breach of the latter, the pair could edge toward the September 8 low of 93.58 before dropping toward the August 18 low of 92.78.
The AUD/JPY hourly chart depicts the pair consolidating around the weekly highs. Although buyers are in charge, they would need a decisive break of the September 4 high at 94.52, followed by the August 31 high at 94.93, before testing 95.00. On the downside, the pair’s first support would be the Tenkan-Sen at 94.48; once cleared, the next support would be the Kijun-Sen at 94.30, followed by the psychological 94.00 figure.
Technical Levels: Supports and Resistances
AUDJPY currently trading at 94.51 at the time of writing. Pair opened at 94.34 and is trading with a change of 0.18 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 94.51 |
| 1 | Today Daily Change | 0.17 |
| 2 | Today Daily Change % | 0.18 |
| 3 | Today daily open | 94.34 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 94.05, 50 SMA 94.38, 100 SMA @ 93.57 and 200 SMA @ 91.98.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 94.05 |
| 1 | Daily SMA50 | 94.38 |
| 2 | Daily SMA100 | 93.57 |
| 3 | Daily SMA200 | 91.98 |
The previous day high was 94.46 while the previous day low was 93.65. The daily 38.2% Fib levels comes at 94.15, expected to provide support. Similarly, the daily 61.8% fib level is at 93.96, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 93.84, 93.34, 93.04
- Pivot resistance is noted at 94.65, 94.96, 95.46
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 94.46 |
| Previous Daily Low | 93.65 |
| Previous Weekly High | 94.72 |
| Previous Weekly Low | 93.59 |
| Previous Monthly High | 95.81 |
| Previous Monthly Low | 92.79 |
| Daily Fibonacci 38.2% | 94.15 |
| Daily Fibonacci 61.8% | 93.96 |
| Daily Pivot Point S1 | 93.84 |
| Daily Pivot Point S2 | 93.34 |
| Daily Pivot Point S3 | 93.04 |
| Daily Pivot Point R1 | 94.65 |
| Daily Pivot Point R2 | 94.96 |
| Daily Pivot Point R3 | 95.46 |
[/s2If]
Download Nehcap EAWe have two EAs that are operational on our LIVE accounts.
- EA-FIX: Check out the details here. Download EA-FIX . EA-FIX is a non-grid HFT scalper.
- EA-GROWTH: High quality low dd EA using trend grids. Download EA_GROWTHJoin Our Telegram Group
