AUD/JPY Price Analysis: Remains Subdued Around 94.50/95.00, Amid Lack Of Catalyst
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- AUD/JPY trades at 94.98, down 0.02%, after failing to sustain gains above 95.00.
- Daily chart shows potential for downside, with first support at October 30 low of 94.65.
- Resistance levels to watch include 95.00, current week's high at 95.52, and October 25 high at 95.89.
The AUD/JPY continues to consolidate at around 94.50/95.00 in early trading on Tuesday's Asian session after failing to stay above the 95.00 figure on Monday. The cross-pair printed decent gains of 0.32% yesterday, but as the Asian session starts, the pair exchanges hands at 94.98, down 0.02%.
The daily chart portrays the pair remaining sideways, about to drop inside the Ichimoku Cloud (Kumo), which could open the door for further downside. The AUD/JPY first support would be the October 30 low of 94.65, followed by the 94.00 figure. Once that level is cleared, the next stop would be the base of the Kumo at 93.96, followed by the October 3 low of 93.01.
On the flip side, the AUD/JPY first resistance would be the 95.00 figure, followed by the current week’s high at 95.52. A decisive break would expose the October 25 95.89 mark, ahead of 96.00.
AUD/JPY Price Analysis: Technical outlook
AUD/JPY Technical Levels
AUD/JPY
| OVERVIEW | |
|---|---|
| Today last price | 95.01 |
| Today Daily Change | 0.21 |
| Today Daily Change % | 0.22 |
| Today daily open | 94.8 |
| TRENDS | |
|---|---|
| Daily SMA20 | 94.91 |
| Daily SMA50 | 94.77 |
| Daily SMA100 | 94.88 |
| Daily SMA200 | 92.76 |
| LEVELS | |
|---|---|
| Previous Daily High | 95.37 |
| Previous Daily Low | 94.68 |
| Previous Weekly High | 95.9 |
| Previous Weekly Low | 94.25 |
| Previous Monthly High | 96.92 |
| Previous Monthly Low | 93.59 |
| Daily Fibonacci 38.2% | 94.94 |
| Daily Fibonacci 61.8% | 95.1 |
| Daily Pivot Point S1 | 94.53 |
| Daily Pivot Point S2 | 94.26 |
| Daily Pivot Point S3 | 93.84 |
| Daily Pivot Point R1 | 95.22 |
| Daily Pivot Point R2 | 95.64 |
| Daily Pivot Point R3 | 95.92 |
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