AUDJPY Prepares Bullish Flight Back to Old Level

Updated:

AUDJPY Price Analysis – January 10

AUDJPY prepares for a bullish flight back to the 85.900 level of significance. The bullish getaway will, however, come into play when they give more pressure on the positions in the price influence. When they give more engagement, the price will pull through to follow the bullish light. The bulls are suddenly alert to cause a significant movement following the bears’ interception around the 82.680 market level. This manipulation may cause the sellers to win if the bulls are not eager to position themselves for price movement.


AUDJPY Important Zones:

Resistance Zones: 85.900, 82.680
Support Zones: 80.250, 78.960

AUDJPY Prepares Bullish Flight Back to Old Level

AUDJPY Long Term Trend: Bullish 

Bearish enthusiasm was the first to envelop the market. This happened due to a drawdown from 85.900 significance of influence. The price then rolled lower with the Bollinger band following suit to the 78.960 significant level. The bulls and the bears, therefore, contested price movement before the bulls finally took over and moved the price back to 85.900 price influence. The movement between the two prospects continued sideways.

Taking a glimpse at the daily chart clearly, the Bollinger band indicator displays how price reacted near the 80.250 significant level before the bulls caused a heavy flight upward. The bulls, however, broke through the 82.680 level before having an encounter with the bulls. Furthermore, near the 82.680 level, the candlestick chooses to retest the middle band of the Bollinger indicator as the price is set to push it upward.

AUDJPY Prepares Bullish Flight Back to Old LevelAUDJPY Short Term Trend: Bullish

On the 4-hour chart, the AUDJPY market’s eagerness is quite evident. They are ready to drive price movement forward in a bullish formation. The bulls hold more price influence than the bears. After a retest at the 82.680 level caused by the bears, the bulls are prepared to cause a significant flight upward following the momentum increase. The Stochastic Oscillator indicator also indicates price direction, following the market up to the bulls region as it prepares to drive to the 85.900 significant level.

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AUDJPY Resumes Bullish Movement With an Impressive Strength

Updated:

AUDJPY Price Analysis – January 3

AUDJPY resumes bullish movement with an impressive strength above the 83.030 key level. The market trend has adopted a bullish movement, and the price has therefore settled to proceed with this formation. Even though the sellers are present in the market, their effects are not as great as the bullish tendency in the price action. The bulls, however, signaling momentum, are prepared to undertake price direction on their own accord.


AUDJPY Key Levels:

Resistance Key Levels: 86.150, 83.030,
Support Key Levels: 80.210, 78.770

AUDJPY resumes bullish movementAUDJPY Long Term Trend: Bullish

AUDJPY first settled its preference following a bearish drop from late November. The bearish contribution caused a huge drop in the price impact. At this stage, the bear appears to have strengthened as it prolonged market movement downward to 78.770 key levels. However, the bullish signal also appeared at this level to push the buyer’s weight forward. The market then continues to linger forward as more strength and supply are made available. The bears also encompass the market, preventing the AUDJPY’s free movement upward.

As the market reaches certain key levels, the bears cause a withdrawal. The fall and rise of market influence continued further till the bulls gained more significant strength to break above the 83.030 key level. The Bollinger Bands indicator contains three specific layers that assist in giving us a clear description of price movement.

AUDJPY resumes bullish movement AUDJPY Long Term Trend: Bearish

The 4-hour chart of AUDJPY visualizes price tendency following the break at 83.030. The middle band is also broken as the price continues in elevation. AUDJPY will eventually resume bullish eagerness as the price strength increases. The stochastic indicator is in the overbought region as the price action is in preparation for a pullback before the bulls resume influence above the 83.030 key level.

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AUDJPY Market Halts Price Action in Bullish Edifice

Updated:

AUDJPY Analysis – Market Halts Price Action in the Bullish Edifice

AUDJPY market halts price action in a bullish edifice following bears involved in the market’s construction. The bullish price activity is assumed to pause due to the price being analyzed to hold a little bearish moment in the action of price movement. The bears are ready to stop the buyers from breaking through the 83.020 level of significance. They, however, intend to cause a withdrawal first before the bulls eventually gather enough momentum to take price movement forward. When the bulls’ pressure increases, their ruling power will also expand.


AUDJPY Levels of significance:

Resistance Levels: 86.120, 83.020
Support Levels: 80.220, 78.760


AUDJPY Long Term Trend: Bullish

However, if the buyers fail to gather strong momentum to follow price action movement, the bears will finally take charge of price influence to assume price movement in their direction. Price activities in the market commenced with a bearish rally, and the price eventually rallied down to the 78.760 level of importance. The bulls, however, gathered enough momentum to carry price movement upward back to the 86.120 level of significance.

Afterward, the bears gained significant power to move price influence downward from the 86.120 price level back to the 78.760 level of importance. When the buyers take over from this level and the price gets to the 83.020 significant level, the market is expected to continue in its motion. However, if the bears eventually add more pressure to the price level, a pullback is inevitable. The Money Flow Index (MFI) shows the price refusing to head towards the overbought region as the sellers are already interfering with the market influence.

AUDJPY Market Halts Price AUDJPY Short Term Trend: Bearish

On the 4-hour chart, the price levels are first determined by the bullish trend. The bullish caused a significant upward rally, and AUDJPY is seen to be moving in a bullish direction. However, when the price rallies down to the 83.020 price level, a halt in the bullish moment is expected due to the bears’ influence. A withdrawal to be caused by the bears is therefore expected below the 83.020 level.

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AUDJPY Suffers Rejection Due to Bearish Consequences in the Market

Updated:



AUDJPY Analysis – December 21

AUDJPY suffers rejection due to bearish consequences at the 82.00 price level of influence. As a result of the bearish price influence, AUDJPY precipitously encountered a quick price denial. The bears are structured to attain price movement in a downtrend orientation. When the momentum in price persists, the sellers in the market will cause other prospects to hold their stay due to the price increase in momentum. The bulls tried to push the price engagement up, but not with enough strength. The more the bears persist, the more the bears take charge of the ordeal, leaving the bulls out of price control.


AUDJPY Significant Levels:

Resistance Levels: 86.030, 82.409
Support Levels: 80.90, 78.800

AUDJPY Suffer Rejection Due To Bearish Consequences in the MarketAUDJPY Long Term Trend: Bearish

By examining the general trend of the AUD/JPY, the price activity of the price movement reveals several influences. The price was both within the range of the market’s prospects. The buyers were the first to cause a strong tendency in the price. The buyers then reportedly pushed the price movement above several significant effects of the price level. The price rose from the 78.800 significant level and continued its demonstration to the 86.030 price level. After this bullish tendency, the sellers also settled their way into the market. They eventually bartered the price movement downward.

The sellers, however, enhanced their power in the downtrend direction as the momentum in price influence rose. The price, therefore, settled down from the 87.030 level of price influence back to the 78.800 level as the moving average indicator also corroborates with the price structure. The power structure then continues to the point where price influence faces a quick rejection near the 82.400 significant level. The buyers sought to push the price further, but several holdbacks were caused due to the bear consequences present in the market. This then gives the sellers the tendency to ride on following the bulls’ rejection, and the bears are organized to withdraw the price below the 80.900 level of influence.

AUDJPY Suffer Rejection Due To Bearish Consequences in the Market AUDJPY Short Term Trend: Bearish

On the 4-hour chart, the price movement looks set to continue in its proper downward trend. AUDJPY undergoes several significant breaks in price influence as the market is set to continue in bearish formation. The price then aspires to breach the significant level of 80.900 and drop further downward. The MACD (Moving Average Convergence and Divergence) level indicator shows price yielding to a bearish phase in the market as the bulls suffer rejection due to bear consequences in the market. Price is then expected to break beyond the 80.900 level of influence.

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AUDJPY Continues to Raise Bullish Bar Upward

Updated:

AUDJPY Analysis – Price Continues to Raise Bullish Bar Upward to 83.210 Market Zone

AUDJPY Continues to raise the bullish bar upward towards the 83.210 market zone following a bearish outpouring. The bulls in the market with positive strength are willing and ready to cause price movement to reach beyond the 83.210 level of significance in the market phase. Despite the bulls’ trying to make their difference in the market, the bears are also trying to lock them out with their strength, preventing them from moving with strong motion. However, despite this, the bulls are still prepared to raise prices beyond the 83.210 level of market influence.


AUDJPY Significant Levels:

Resistance Levels: 86.110, 83.210
Support Levels: 80.00, 78.110

AUDJPY Continues to Raise Bullish Bar UpwardAUDJPY Long Term Trend: Bullish

The bears in the market structure were the first to attain a significant low, and the price was seen to have broken through several important levels in the bearish movement. AUDJPY, therefore, experienced a strong rallying downward with a fast motion in price movement. Following this significant event, the bulls provided the market with a new direction, as the price began to raise its bar upward with strong acceleration back to the 86.110 price level. As a result of this movement, several strongholds were broken and the momentum in price also seemed to increase before the bears eventually took over again.

The sellers this time caused the market to flow back into the bearish realm as the price began to rally downward. The bears in the AUDJPY successfully brought the price down, and the bulls also took over before the price movement got to the 78.110 level of significance. The market orientation phase changed as the bulls decided to continue to raise the bar upward. The Relative Volume index indicator shows price around the middle level. This is because the bears are interfering with the direction of the bulls simply because they are prepared to cause a strong influence on the movement.

AUDJPY Continues to Raise Bullish Bar UpwardAUDJPY Short Term Trend: Bullish

The 4-hour chart is viewed as rallying downward in a bearish trend before the bulls take over. The price level of 80.00 was broken and the market is first assumed to retest this level before the price eventually increases its momentum in the bullish phase. The MACD (Moving Average Convergence and Divergence) indicator views price movement signals above the 0.00 level as the bulls seek to raise their bar upward beyond the 83.210 price level.

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AUDJPY Market Pulls Down With Vigor in a Bearish Market

Updated:

AUDJPY Price Analysis – December 5

AUDJPY market pulls down with vigor in a bearish market to the 78.100 level of significance. Price prepares to fall with a grouch in market action as the bears continue to dominate the market. The sellers’ ascendancy is expected to remain for the time being since they have the most sway over price control. The bears, on the other hand, are ready to push the price below the 78.100 mark and may even trend lower before the bulls take over.


AUDJPY Significant Levels:

Resistance Levels: 86.100, 83.200
Support Levels: 80.000, 78.100

AUDJPY market pulls downAUDJPY Long Term Trend: Bearish

AUDJPY market was assumed to be in a bearish range because it follows a downward trend. The price seems to trend lower as it rallies downward. The market appears to have cracked through various price levels before eventually creating a new zone at the 78.100 level of significance. The price has settled at this level after the sellers succeeded in creating a solid low. The other prospects in the market include the buyers’ ride through the market to amass it upward. The bullish movement, however, failed and the bears overtook them by bringing the price down below the 80.00 significant level.

When the buyer’s strength was on the increase, the price was eventually pulled up with strong force to old highs. The bulls halted their flows around the 86.100 significant level, after which the bears eventually restrained them. The market for AUDJPY is, therefore, observed to be running down with full energy and the price is ready to break through the 78.100 level of significance before the bulls eventually take over. The Moving Average crossing on the 1-day chart shows price influence trading downward as the market continues to follow a bearish moment.

AUDJPY market pulls down AUDJPY Short Term Trend: Bullish

The 4-hour chart provides us with the structure of the market movement. The price movement trending downward shows the authority of the bears in action. However, we, therefore, expect a pullback to a significant level of 80,000 before bearish continuation. The Parabolic SAR (Stop and Reverse) also shows the general trend of the market in the bearish race, and the price is expected to go lower beyond the 78.100 significant level.

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AUDJPY Fails to Impress and Sinks Into Depression

Updated:

AUDJPY Price Analysis – November 29

AUDJPY fails to impress and drops abysmally to the mid-level of its trading range from May 2021. After failing again to beat the strong weekly key level at 85.830, the market dropped through the price zone at 84.630 that acted as support. The price zone turned into resistance for AUDJPY and only allowed a retest of its lower limit at 84.030 before the price dropped lower. The market again fails to impress at 83.110 and sinks into more depression below 81.500.


AUDJPY Key Levels

Resistance Levels: 0.71500, 0.71040
Support Levels: 0.69460, 0.68000

AUDJPY fails to impressAUDJPY Long Term Trend: Bearish

The market’s trading level on May 2021 was just below 85.830, where price battled to break through the resistance. The agitations of the market went in vain as buyers weakened. Thereafter, it was a downward spiral for AUDJPY. It took a month for the buyers to regain themselves, at which time the price dropped to 78.140. However, a determined desire to impress eventually forced the market upwards, to which price restored itself to 85.830.

It wouldn’t be a different story though, as AUDJPY fails again at the weekly resistance. Further failure to regain itself led to a further drop below the 81.500 key level, which is the middle level of its trading range from May. The RSI (Relative Strength Index) indicator shows that the market is now fully plunged into a bearish zone as its signal line touches down at the oversold border. The above-candle dots of the Parabolic SAR (Stop and Reverse) confirm the bearish stance of the market.

AUDJPY fails to impress AUDJPY Short Term Trend: Bearish

On the 4-hour chart, having dropped below the 81.500 price line, there are some rallying movements in the market. Buyers are pushing hard against the price line, but market bearishness remains. The RSI indicator shows that AUDJPY is beginning to make progress upwards as its signal line escapes the oversold regions. A buy signal can be considered when the Parabolic SAR places its dots below the 4-hour candles. If this happens, the price will bypass 81.500 and get to 83.110.

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Market Dump Continues on AUDJPY as Buyers Weaken From Exhaustion

Updated:

AUDJPY Price Analysis – November 22

Market dump continues on AUDJPY as buyers fail to fully recover after rejection at 85.830. The dump started to increase after the market retested the resistance level and slid through the 84.680 price zone. The market thereafter touches down on 83.110, but the dump continues after a retest below the 84.680 price zone. AUDJPY continues to drop lower under bearish pressure.


AUDJPY Key Levels

Resistance Levels: 85.830, 84.680
Support Levels: 83.110, 81.900

Market dump continues on AUDJPYAUDJPY Long Term Trend: Bearish

AUDJPY is now assuming a consolidation phase as the price drops again. There was a previous rise in the market, in which the bulls broke through multiple key levels to reach the 85.830 resistance. Major friction in the upward market movement started when AUDJPY reached the 84.680 zone. Therefore, buyers weakened immediately after they reached 85.830. Following that, price fell through to 78.140, breaking and retesting the key level as it fell.

However, a major bullish revival happened as the price touched down at 78.140. Bulls engineered a market pump using a symmetric triangle system. This led to a surge in which price dashed through all key levels to reach 85.830. However, the resistance at this level remains valid, and a market dump is ensured after. The EFI (Elders Force Index) shows how market dominance has gradually shifted to the bears again.

Market dump continues on AUDJPY AUDJPY Short Term Trend: Bearish

The 4-hour chart depicts the price in a current retracement activity, as it has done since the market crash began. The price is set to fall at 83.110, even as the MA period 20 poses as a resistance. The EFI is currently at equilibrium due to the ongoing pullback.
AUDJPY market dump is set to continue to the 81.900 support level.

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AUDJPY Restarts Consolidation Phase Above 83.110.

Updated:

AUDJPY Price Analysis – November 16

AUDJPY restarts consolidation movement above the 83.110 significant level in a bid to keep the market in contention for higher levels above the monthly resistance at 85.830. A strong surge from the market wasn’t strong enough to crack the monthly resistance at 85.830 and, as a result, the price dropped. Bulls are, however, still very active in the market and have embarked on a second trial to break through by bouncing off 83.110. Therefore, AUDJPY restarts consolidation.


AUDJPY Significant Levels

Resistance Levels: 87.430, 85.830
Support Levels: 83.110, 80.260

AUDJPY restarts consolidationAUDJPY Long Term Trend: Bullish

The 83.110 significant level has been represented as a major consolidation support level since the early weeks of the year. From February to July, it kept the market trying to break out to higher levels for up to 5 months. When price dropped, a major turning point for AUDJPY is at the 80.260 level. Though more impetus was received in other key levels, it was at 80.269 that market bearishness was repressed and then price finally took off in an upsurge on the 1st of October.

Price rallied with significant market momentum, rising to 7% to reach the 85.830 resistance level. Rejection was instant and perseverance from the bulls didn’t make any difference. Therefore, the market drops, however, above 83.110, having entered its zone. Bulls will now take advantage of extra support at the monthly price line at 83.110 to rebound as price restarts consolidation to break through.

AUDJPY restarts consolidation AUDJPY Short Term Trend: Bearish

The 4-hour chart shows the consolidation zone between 83.110 and 85.830 separated by midway at 84.720. The market is likely to begin ranging, first with the 84.220 key level. But the goal remains the larger consolidation space, with which price is planning to break through 85.830. The MA period 9 (Moving Average) is now supporting the market from below, pushing it up. The RSI (Relative Strength Index) line is advancing towards the overbought borderline where price might first bounce lower before shooting up again.

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AUDJPY Suffers Rejection Again; Price Fails to Reach a Three-Year High

Updated:

AUDJPY Price Analysis – November 8

AUDJPY suffers rejection for the second time in the space of about 6 months. The market has thus failed to attain a 3 year high at 87.430. When the market was surging up to test the resistance 85.830, it pulled back after climbing above 84.220. After that, the price was pushed higher to break the resistance, but it was to no avail as AUDJPY suffers instant rejection. Though buyers remained persistent, multiple failures eventually weakened them and price drops.


AUDJPY Key Levels

Resistance Levels: 85.830, 87.430, 84.220
Support Levels: 83.110, 80.260, 78.140

AUDJPY suffers rejection AUDJPY Long-Term Trend: Ranging

There has been tremendous groundwork from the buyers after the market first suffers rejection on the 10th of May at 85.830. The slump in the market was combated using several key levels and market formation. The price was then forged to conform to a triangle arrangement, which tapered the market’s movement until it gathered momentum and sprung up through the 80.260 support level.

A strong upsurge received further support from 83.110 on its way up till the market hit the 85.830 resistance level. Once again, the resistance level remains impenetrable, as it holds fast against multiple barrages from the buyers. The MA period 10 (Moving Average) also acted as support for the market all the while, but price has broken through it as buyers weaken. In addition, the market has now dropped below the 84.220 price line as the Stochastic Oscillator plunges to the oversold region.

AUDJPY suffers rejection AUDJPY Short Term Trend: Bearish

On the 4-hour chart, the price has dropped further below 84.220, where it is having a tough time reviving. The MA period 10 remains in a plunge while the Stochastic Oscillator has dropped to the oversold region with multiple crosses. The market is expected to plunge further to find strong support at 83.110, where the market can find support for another bullish assault at the 85.830 resistance, which may lead to a ranging movement.

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