AUD/JPY Intraday: above its upper Bollinger band
Sep 18, 2024 11:16 PM
the upside prevails as long as 95.69 is support.
Our pivot point stands at 95.69.
Our preference:
the upside prevails as long as 95.69 is support.
Alternative scenario:
the downside breakout of 95.69 would call for 95.04 and 94.65.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96.08 and 95.98). Finally, the AUD/JPY has crossed above its upper Bollinger band (96.35).
Supports and resistances:
98.34 **
97.95 *
97.56 **
97.18
96.35 last
95.94
95.69 **
95.04 *
94.65 **
Our preference:
the upside prevails as long as 95.69 is support.
Alternative scenario:
the downside breakout of 95.69 would call for 95.04 and 94.65.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96.08 and 95.98). Finally, the AUD/JPY has crossed above its upper Bollinger band (96.35).
Supports and resistances:
98.34 **
97.95 *
97.56 **
97.18
96.35 last
95.94
95.69 **
95.04 *
94.65 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
Related Instruments
AUD/JPY
100.368
-1.684
-1.65%