Tag Archives: AUD/JPY

The renewed bullish pressure that has been pressuring the 55-DMA resulted in a break and close above the $0.9335 resistance level Thursday.

The $0.9180-0.9233 region remains key support for the AUD/USD with this region continuing to support on dips.

The $0.9180-0.9233 region remains key support for the AUD/USD with this region continuing to support on dips. Bears look for a close below $0.9205 to

After having chopped around the 21-DMA to end last week the AUD/USD took a backward step on Monday with the pair dipping back towards the key $0.9180-0.9205 support region.

Following on from Thursday’s bounce the AUD/USD spent Friday chopping around the 21-DMA ($0.9306) but remained supported ahead of the $0.9275 level.

AUD/USD again found support ahead of the key $0.9176-0.9205 region with the result being a solid move higher with initial support having developed on the hourly time frame at $0.9275.

AUD/USD continues to find support ahead of the key $0.9176-0.9205 region. The $0.9277 level has recently capped the bounces off this support region and

After having found support ahead of the $0.9205 level last week the AUD/USD traded above last week’s high before stalling and dipping back towards initial support.

AUD/USD drifted a little higher to start the new week to retest the $0.9249 level that capped late last week with the $0.9174-0.9205 support region remaining key.

AUD/USD continues to hover precariously above the key $0.9173-0.9205 support region where key moving averages, lower 21 day Bollinger band and Ichimoku cloud base are all located.