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AUD/JPY Technical Analysis: lacks direction after China data, focus on today's close

The AUD/JPY pair is trading largely unchanged on the day at 78.60, having recovered from the session low of 78.28 a few minutes before press time, possibly on the back of an above-forecast China industrial production number. 

The daily chart, however, shows the pair lacks a clear direction, having created a doji candle on Friday. 

Daily chart

  • A close today above 79.11 (high of Friday's doji) would confirm bull doji continuation or continuation of the rally from recent lows below 72.00 and open up upside toward 80.00. 
  • A close below 78.38 (Friday's low), however, would imply bearish doji reversal. 

Trend: Neutral

AUD/JPY

Overview:
    Today Last Price: 78.62
    Today Daily change: -0.05 pips
    Today Daily change %: -0.06%
    Today Daily Open: 78.67
Trends:
    Daily SMA20: 77.69
    Daily SMA50: 80.13
    Daily SMA100: 80.38
    Daily SMA200: 81.34
Levels:
    Previous Daily High: 79.11
    Previous Daily Low: 78.38
    Previous Weekly High: 79.11
    Previous Weekly Low: 77.56
    Previous Monthly High: 84.05
    Previous Monthly Low: 77.15
    Daily Fibonacci 38.2%: 78.83
    Daily Fibonacci 61.8%: 78.66
    Daily Pivot Point S1: 78.33
    Daily Pivot Point S2: 77.99
    Daily Pivot Point S3: 77.6
    Daily Pivot Point R1: 79.06
    Daily Pivot Point R2: 79.45
    Daily Pivot Point R3: 79.78

 

 

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