The AUD/JPY exhibits substantial bullish momentum, standing at the 101.39 level and showing an encouraging 0.54% rally. The dominance of bullish trends is evident but a healthy correction might be necessary for the buyers to conquer additional ground.
On the daily chart, the Relative Strength Index (RSI) reveals a positive momentum, with the latest reading nearing the overbought condition. The Moving Average Convergence Divergence (MACD) supports this, printing green bars.
Shifting the attention to the hourly chart, the MACD paints a different picture with its red bars, signaling that in this timeframe, buyers might have already become exhausted. However, the RSI readings suggest steady, positive momentum with figures hovering above 50, apart from a brief dip to 48.
The AUD/JPY also demonstrates a bullish stance in the broader picture as it positions itself above the 20, 100, and 200-day Simple Moving Averages (SMA). So all signals points to a clear bullish stance, but traders should be alert that if daily indicators reach overbought conditions, the pair may see some healthy downside to consolidate gains.
Overview | |
---|---|
Today last price | 101.4 |
Today Daily Change | 0.50 |
Today Daily Change % | 0.50 |
Today daily open | 100.9 |
Trends | |
---|---|
Daily SMA20 | 99.54 |
Daily SMA50 | 98.75 |
Daily SMA100 | 97.73 |
Daily SMA200 | 96.54 |
Levels | |
---|---|
Previous Daily High | 101.02 |
Previous Daily Low | 100.19 |
Previous Weekly High | 100.02 |
Previous Weekly Low | 97.78 |
Previous Monthly High | 100.17 |
Previous Monthly Low | 96.9 |
Daily Fibonacci 38.2% | 100.7 |
Daily Fibonacci 61.8% | 100.51 |
Daily Pivot Point S1 | 100.39 |
Daily Pivot Point S2 | 99.87 |
Daily Pivot Point S3 | 99.56 |
Daily Pivot Point R1 | 101.21 |
Daily Pivot Point R2 | 101.53 |
Daily Pivot Point R3 | 102.04 |
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