15 Apr 2014
AUD/JPY limited below 0.96 mark
FXStreet (Bali) - Currently, AUD/JPY is trading at 95.72, down -0.27% on the day, having posted a daily high at 96.05 and low at 95.62.
How strong has the move been?
The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish. At the time of writing, RSI is neutral at 37.28, down from 50.63 at the last hour close, while ADX is ranging at 13.79, down from 18.74 previous. Meanwhile, daily RSI is in neutral territory at 66.47.
On the hourly AUD/JPY chart, the 200 SMA is declining and currently at 95.56, down from the previous hour close at 95.70. On average, the exponential closing price for the past 20 days is 94.84, with the trend indicating a continuation higher ahead.
How volatile has AUD/JPY been?
2-Standard Deviation Volatility Bandwidth is presently at 61 pips and shrinking on the hourly AUD/JPY chart, while the ATR (14) is currently at 14 pips. 2-Standard Deviation Volatility Bandwidth is at 514 pips and shrinking on a daily chart.
Over the last four weeks, the average movement for the present session has been 14 pips per hour. Further, today’s peak period for volatility was between 1:00-2:00 GMT, which saw an average movement of 18 pips over the previous four week period.
What price levels and patterns have to be considered?
Current price is 95.72, with resistance ahead at 95.77 (Hourly 20 EMA), 95.98 (Weekly High), 95.99 (Daily Open), 96.02 (Yesterday's High) and 96.05 (Daily High). Next support to the downside can be found at 95.70 (Daily Classic PP), 95.70 (Hourly 200 SMA), 95.62 (Daily Low), 95.59 (Hourly 100 SMA) and 95.58 (Weekly Classic PP).
How strong has the move been?
The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish. At the time of writing, RSI is neutral at 37.28, down from 50.63 at the last hour close, while ADX is ranging at 13.79, down from 18.74 previous. Meanwhile, daily RSI is in neutral territory at 66.47.
On the hourly AUD/JPY chart, the 200 SMA is declining and currently at 95.56, down from the previous hour close at 95.70. On average, the exponential closing price for the past 20 days is 94.84, with the trend indicating a continuation higher ahead.
How volatile has AUD/JPY been?
2-Standard Deviation Volatility Bandwidth is presently at 61 pips and shrinking on the hourly AUD/JPY chart, while the ATR (14) is currently at 14 pips. 2-Standard Deviation Volatility Bandwidth is at 514 pips and shrinking on a daily chart.
Over the last four weeks, the average movement for the present session has been 14 pips per hour. Further, today’s peak period for volatility was between 1:00-2:00 GMT, which saw an average movement of 18 pips over the previous four week period.
What price levels and patterns have to be considered?
Current price is 95.72, with resistance ahead at 95.77 (Hourly 20 EMA), 95.98 (Weekly High), 95.99 (Daily Open), 96.02 (Yesterday's High) and 96.05 (Daily High). Next support to the downside can be found at 95.70 (Daily Classic PP), 95.70 (Hourly 200 SMA), 95.62 (Daily Low), 95.59 (Hourly 100 SMA) and 95.58 (Weekly Classic PP).