AUD/JPY technical analysis: 100-HMA caps immediate upside


  • 100-HMA and RSI levels challenge post-50-HMA breakout momentum.
  • 75.00 can return on the upside break.

Even after clearing 50-HMA, AUD/JPY is still left to cross the 100-HMA upside barrier as it takes the rounds to 74.56 during early Tuesday.

With 14-bar relative strength index (RSI) also indicating nearly overbought conditions, pair’s failure to break the 100-hour moving average (100-HMA) can trigger its pullback to 74.44 comprising 50-HMA.

Given the quote’s extended declines beneath 74.44, 74.35 and 74.18 may offer intermediate halts before highlight latest low of 73.92 and the year 2016 low near 72.40.

Alternatively, an upside clearance of 74.64 resistance including 100-HMA may recall 75.00 back to the chart.

However, 61.8% Fibonacci retracement level of 75.23 and June 11 high surrounding 75.68 can question buyers afterward.

AUD/JPY hourly chart

Trend: Pullback expected

Additional important levels

Overview
Today last price 74.58
Today Daily Change 21 pips
Today Daily Change % 0.28%
Today daily open 74.37
 
Trends
Daily SMA20 75.48
Daily SMA50 77.13
Daily SMA100 77.98
Daily SMA200 79.14
Levels
Previous Daily High 74.79
Previous Daily Low 74.35
Previous Weekly High 76.05
Previous Weekly Low 74.48
Previous Monthly High 78.72
Previous Monthly Low 75.08
Daily Fibonacci 38.2% 74.52
Daily Fibonacci 61.8% 74.62
Daily Pivot Point S1 74.22
Daily Pivot Point S2 74.06
Daily Pivot Point S3 73.78
Daily Pivot Point R1 74.66
Daily Pivot Point R2 74.94
Daily Pivot Point R3 75.1

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD retreats after strong NFP, weak German data

EUR/USD is trading below   1.11 after US Non-Farm Payrolls beat expectations with 266K and mixed wage growth. Earlier, weak German data weighed on the euro. Updates on trade are awaited.

EUR/USD News

GBP/USD shrugs off strong NFP, focuses on UK elections

GBP/USD is trading below 1.3150 but off the post-NFP lows. The US gained more jobs than expected. The Conservatives remain in the lead ahead of the debate between PM Johnson and Labour leader Corbyn.

GBP/USD News

US recession? Not so fast, a calm look at the economy and currencies ahead of the NFP

Recent US economic indicators have been downbeat, but they include silver linings and are backed by robust consumption. Valeria Bednarik, Joseph Trevisani, and Yohay Elam...

Read more

Gold drops to fresh multi-day lows on upbeat NFP report

Gold faded an intraday bullish spike to the $1480 area and tumbled to fresh multi-day lows, around the $1465 region in reaction to upbeat US monthly jobs report.

Gold News

USD/JPY: bearish ahead of US employment figures

Japanese data missed the market’s expectations, triggering fresh concerns about the economy. Focus on US employment figures, market players anticipate dismal numbers. USD/JPY is technically bearish could break below the 108.00 level.

USD/JPY News

Forex MAJORS

Cryptocurrencies

Signatures