Market Analysis – April 7 AUDJPY pair is currently experiencing a bearish trend. The sellers are making significant efforts to penetrate deeper towards the 92.330 significant level. The market’s vibe has flipped, with buyers losing steam and sellers now calling the shots. AUD/JPY Key Levels Support Level: 92.330 , 93.340 Resistance Level: 95.590 , 96.900 […]
Market Analysis – March 24 The AUDJPY currency pair is currently witnessing a gradual buildup from buyers, who are now trading around the significant level of 93.680. This level has shown a degree of confidence, particularly following a recent drop in the market. The buyers started the month with positive momentum, fighting for a reversal […]
Market Analysis – February 21 The AUDJPY market has witnessed a bearish resurgence, with sellers regaining strength from the 95.550 key level. After an initial bullish push last week, buyers lost control, allowing sell pressure to take over, driving the pair lower. AUDJPY Key Levels: Support Levels: 94.530, 93.000, 95.000 Resistance Levels: 95.550, 96.860, 96.000 […]
Market Analysis – February 20 AUDJPY weakness as buyers show expansion. AUDJPY is currently exhibiting signs of weakness as buyers continue to aim for expansion. Recent price action has shown that buyers are making notable strides. This has been seen particularly in their recovery from the significant level of 95.560. AUDJPY Key Levels Support Levels: […]
Market Analysis – January 31 AUDJPY bulls hold ground, targeting the 96.860 key level. AUDJPY remains on a positive trajectory, with buyers recovering from the 95.550 significant level. Despite strong attempts to break above 100.000, bullish momentum has been met with resistance. However, a renewed push is now targeting 96.860, signaling buyers’ intent to regain […]
Market Analysis – January 24 AUDJPY remains range-bound, trading between the key levels of 100.00 and 95.60 as buyers struggle to gain enough momentum for a breakout. After a pullback in late 2024, the currency pair has been stuck in consolidation. There has been no significant movement to signal a decisive trend. AUDJPY Key Levels […]
Market Analysis – January 13th AUDJPY consolidation persists as traders await a breakout. The market continues to consolidate, trading within the range of 99.000 and 95.640 key levels. Despite attempts to break higher, the market remains locked in indecision, with both buyers and sellers struggling for dominance. AUDJPY Key Levels Resistance Levels: 99.000, 100.000 Support […]
Market Analysis – January 9 The AUDJPY market is currently transitioning into a consolidation phase, characterized by limited price movement within a defined range. The supply zone at 101.3650 remains a formidable barrier, consistently resisting upward movement and limiting bullish momentum. On the downside, the demand zone at 93.8570, reinforced by a strong bullish order […]
Market Analysis – Deember 24 AUDJPY struggled to surpass the bearish order block at 101.600 in October. This resistance led to price stagnation between 99.740 and 101.600. Eventually, the pair declined, testing an unmitigated bullish order block near 95.580. This movement triggered the formation of a double bottom bullish reversal pattern, suggesting potential upward momentum. […]
