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: August 15
The AUDJPY currency pair is presently undergoing a corrective phase as observed on the daily chart. The price trajectory was guided higher by Moving Averages until a bearish market shift became evident in July. These events underscore the rapid shift in market sentiment.
Key Levels For AUDJPY
Demand Levels: 94.10, 95.80, 96.89
Resistance Levels: 92.80, 92.00, 90.20
Long-Term Trend For AUDJPY: Bearish
Long-Term Trend For AUDJPY: BearishA significant selling pressure was triggered on July 19th as the Stochastic oscillator entered the overbought territory. Subsequently, the exhaustion of buying momentum was revealed by the Stochastic, leading to a price plummet below the 9 and 21-period Moving Averages.
At present, the daily candlesticks are confined within a bearish channel, aligning with the ongoing price decline. The Stochastic oscillator also underscores the prevailing bearish sentiment in the market, adding weight to the downside potential.
Short-Term Trend For AUDJPY: Bearish
Short-Term Trend For AUDJPY: BearishThe price is currently ascending towards the resistance trendline of a descending wedge pattern. Concurrently, the Stochastic oscillator is showing oscillations towards the overbought region. Anticipating the engagement of sellers at the resistance trendline, a decline towards the 92.00 level is projected.
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
