Daily Updates

AUD/JPY Technical Evaluation: 20-day MA is vital assist, awaits bull flag breakout

The AUD/JPY has created a traditional bull flag – a bullish continuation sample – on the day by day chart, that means a break above the higher fringe of the flag would sign a resumption of the rally from the Oct. 26 low of 78.56. The bull flag breakout, if confirmed, would open up upside towards 87.50 (goal as per the measured top technique, that’s, pole size added to the breakout value). The repeated bounce from the ascending 20-day MA signifies the bearish pressures have weakened in the previous couple of days. Additional, the 5- and 10-day MAs are trending north, indicating a bullish setup. In consequence, a bull flag breakout might occur within the subsequent few days. The case of a bull flag breakout would weaken if the spot closes under the 20-day MA, presently at 81.81.

Every day Chart

Pattern: Cautiously bullish


    Immediately Final Value: 82.03
    Immediately Every day change: 2.zero pips
    Immediately Every day change %: zero.0244%
    Immediately Every day Open: 82.01
    Earlier Every day SMA20: 81.85
    Earlier Every day SMA50: 81.11
    Earlier Every day SMA100: 81.29
    Earlier Every day SMA200: 81.93
    Earlier Every day Excessive: 82.four
    Earlier Every day Low: 81.58
    Earlier Weekly Excessive: 82.64
    Earlier Weekly Low: 81.2
    Earlier Month-to-month Excessive: 82.5
    Earlier Month-to-month Low: 78.56
    Earlier Every day Fibonacci 38.2%: 82.09
    Earlier Every day Fibonacci 61.eight%: 81.89
    Earlier Every day Pivot Level S1: 81.6
    Earlier Every day Pivot Level S2: 81.19
    Earlier Every day Pivot Level S3: 80.79
    Earlier Every day Pivot Level R1: 82.41
    Earlier Every day Pivot Level R2: 82.81
    Earlier Every day Pivot Level R3: 83.22




Clickbank Promo Tools
Wiadforex is a big online financial news, technical, fundamental analysis, trade ideas, option and educational site with a focus on Nigeria, Africa and world in general. This is an independent online forex platform. That is publish by Wiad Consultancy Services

Leave a Reply

Your email address will not be published. Required fields are marked *

Recommended Clickbank Products