Technical Overview of USD/JPY, EUR/USD and AUD/USD Currency Pairs

USD JPY

The USD traded lower against the JPY and closed at 111.709.

BOJ Governor Speech is an event having the greatest impact on JPY among all public statements made by the Japanese regulator. The Governor’s rhetoric reflects the official position of the Bank of Japan.

If some hints at tightening the monetary policy by the Bank of Japan are detected in the Governor speech, it may affect JPY positively.

According to the Analysis, The pair is expected to find support at 111.594, and a fall through could take it to the next support level of 111.479. The pair is expected to find its first resistance at 111.820, and a rise through could take it to the next resistance level of 111.931.

Previous Day range was 2260 and Current Day Range is 3820.

EUR USD

EURUSD

The EUR traded higher against the USD and closed at 1.1216.

The pair is expected to find support at 1.12035, and a fall through could take it to the next support level of 1.11908. The pair is expected to find its first resistance at 1.12355, and a rise through could take it to the next resistance level of 1.12548.

EUR USD previous Day range was 32 and Current Day Range is 21.3.

AUD USD

AUDUSD

The AUD traded lower against USD and closed at 0.7106.

According to the analysis, pair is expected to find support at 0.70880, and a fall through could take it to the next support level of 0.70704. The pair is expected to find its first resistance at 0.71274, and a rise through could take it to the next resistance level of 0.71492.

AUD USD previous day range was 39.4 and current day range is 21.1.