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30 May 2014
AUD/JPY finds bids above 94.50
FXStreet (Bali) - AUD/JPY is trading at 94.69, down -0.05% on the day, having posted a daily high at 94.83 and low at 94.55.
How strong has the move been?
AUD/JPY spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. RSI is in neutral territory at 59.57, down from it’s last hourly close at 70.48, while ADX is ranging above 30 at 19.39, down from 36.12 at the last hourly close.
Looking to a daily chart, we see that RSI is neutral at 51.07. The 200 SMA is currently at 94.29, up from 94.10 at the last period close, and climbing on the hourly AUD/JPY chart. Moving with a rangebound trend, the exponential average closing price is 94.61.
How volatile has AUD/JPY been?
On the hourly AUD/JPY chart, ATR (14) is presently at 12 pips, while 2-Standard Deviation Volatility Bandwidth is expanding and currently 53 pips. On a daily chart, 2-Standard Deviation Volatility Bandwidth is expanding at 248 pips.
What price levels and patterns have to be considered?
Current price is 94.69, with resistance ahead at 94.74 (Weekly High), 94.75 (Daily Open), 94.79 (Yesterday's High), 94.83 (Daily High) and 95.12 (Daily Classic R1).Next support to the downside can be found at 94.61 (Daily 20 SMA), 94.55 (Daily Low), 94.51 (Hourly 20 EMA), 94.41 (Daily Classic PP) and 94.28 (Hourly 100 SMA).
How strong has the move been?
AUD/JPY spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. RSI is in neutral territory at 59.57, down from it’s last hourly close at 70.48, while ADX is ranging above 30 at 19.39, down from 36.12 at the last hourly close.
Looking to a daily chart, we see that RSI is neutral at 51.07. The 200 SMA is currently at 94.29, up from 94.10 at the last period close, and climbing on the hourly AUD/JPY chart. Moving with a rangebound trend, the exponential average closing price is 94.61.
How volatile has AUD/JPY been?
On the hourly AUD/JPY chart, ATR (14) is presently at 12 pips, while 2-Standard Deviation Volatility Bandwidth is expanding and currently 53 pips. On a daily chart, 2-Standard Deviation Volatility Bandwidth is expanding at 248 pips.
What price levels and patterns have to be considered?
Current price is 94.69, with resistance ahead at 94.74 (Weekly High), 94.75 (Daily Open), 94.79 (Yesterday's High), 94.83 (Daily High) and 95.12 (Daily Classic R1).Next support to the downside can be found at 94.61 (Daily 20 SMA), 94.55 (Daily Low), 94.51 (Hourly 20 EMA), 94.41 (Daily Classic PP) and 94.28 (Hourly 100 SMA).