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10 Jun 2014
AUD/JPY still capped below 96.00
FXStreet (Bali) - AUD/JPY is trading at 95.79 ahead of Australian economic indicators at 1.30 GMT, down -0.13% on the day, having posted a daily high at 95.95 and low at 95.72.
How strong has the move been?
AUD/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index also is neutral. RSI is in neutral territory at 40.40, down from it’s last hourly close at 46.67, while ADX is ranging above 30 at 28.48, up from 19.14 at the last hourly close.
Looking to a daily chart, we see that RSI is neutral at 61.98. The 200 SMA is currently at 95.74, up from 94.99 at the last period close, and climbing on the hourly AUD/JPY chart. Moving in an upward trend, the exponential average closing price is 94.89.
How volatile has AUD/JPY been?
2-Standard Deviation Volatility Bandwidth is presently at 16 pips and expanding on the hourly AUD/JPY chart, while the ATR (14) is currently at 10 pips. 2-Standard Deviation Volatility Bandwidth is at 265 pips and expanding on a daily chart. Over the last four weeks, the average movement for the present session has been 10 pips per hour.
What price levels and patterns have to be considered?
With spot trading at 95.80, we can see next resistance ahead at 95.84 (Hourly 20 EMA), 95.87 (Daily Classic R1), 95.92 (Daily Open), 95.92b(Monthly High) and 95.92 (Weekly High). Support below can be found at 95.72 (Daily Low), 95.68 (Yesterday's Low), 95.63 (Daily Classic PP), 95.48 (Hourly 100 SMA) and 95.42 (Daily Classic S1).
How strong has the move been?
AUD/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index also is neutral. RSI is in neutral territory at 40.40, down from it’s last hourly close at 46.67, while ADX is ranging above 30 at 28.48, up from 19.14 at the last hourly close.
Looking to a daily chart, we see that RSI is neutral at 61.98. The 200 SMA is currently at 95.74, up from 94.99 at the last period close, and climbing on the hourly AUD/JPY chart. Moving in an upward trend, the exponential average closing price is 94.89.
How volatile has AUD/JPY been?
2-Standard Deviation Volatility Bandwidth is presently at 16 pips and expanding on the hourly AUD/JPY chart, while the ATR (14) is currently at 10 pips. 2-Standard Deviation Volatility Bandwidth is at 265 pips and expanding on a daily chart. Over the last four weeks, the average movement for the present session has been 10 pips per hour.
What price levels and patterns have to be considered?
With spot trading at 95.80, we can see next resistance ahead at 95.84 (Hourly 20 EMA), 95.87 (Daily Classic R1), 95.92 (Daily Open), 95.92b(Monthly High) and 95.92 (Weekly High). Support below can be found at 95.72 (Daily Low), 95.68 (Yesterday's Low), 95.63 (Daily Classic PP), 95.48 (Hourly 100 SMA) and 95.42 (Daily Classic S1).