Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Market Analysis – June 27
AUDJPY is revealing signs of a major correction phase in the market. Since the breakout above 91.590, the price took off for the major high of 98.390 formed last year September. As most of the range has been covered by the bullish run, the Bulls reveal exhaustion signs.
AUDJPY Key Levels
Demand Levels: 90.00, 86.50, 80.00
Supply Levels: 95.50, 96.00, 98.40
AUDJPY Long-term Trend: Bullish
AUDJPY created a significant swing low in the market on the 24th of March. The low formed was lower than the significant low formed on the 20th of December. The lower low on the daily chart revealed a crack in correlation with the RSI (Relative Strength Index).
The RSI revealed a higher low on the 24th of March showing the unrevealed willingness of the market direction to reverse. The shift in market structure eventually was observed as an uptrend was established. The bearish trendline was invalidated as it gave way to the bullish trendline.
AUDJPY Short-term Trend: Bearish
On the lower time frame (4-hour chart) a shift in the market structure has been established. On the dairy chart, it only appears to be a failure swing though. The RSI (Relative Strength Index) and Stochastic are already overbought. Traders are likely to reduce long positions due to the early signal to get ready for hedging or shorting opportunities towards the lower demand level of 91.60.
Do you want to take your trading to the next level? Join the best platform for that here
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
