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 […]
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 […]
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 […]
AUDJPY Price Level – November 1 AUDJPY is pushing to surpass the 85.830 resistance level, which is a three-year market high. The price has laid siege under this price level since breaking out from a symmetric triangle formation on the 7th of October. The market surged up with consecutive bullish candles till it goes above […]
AUDJPY Analysis – Price Surges Upward After Tapering for Weeks AUDJPY surges upward out of its triangle formation. The price has been narrowing within the triangle for several weeks and was bound to break outward either upward or downward. The 80.260 key level helped to trap price upward and, thereafter, price surges upward. The market, […]
AUDJPY Price Analysis – October 18 AUDJPY retains its bullish instinct even as the price climbs to the 84.220 key level. The movement of AUDJPY has been rather straightforward in the past few days, and that is because price retains its bullish impulse. This is shown in consecutive strong bullish candlesticks lined up from the […]
AUDJPY Price Analysis – October 11 AUDJPY bulls are driving the market upward as they seize control of the market. Buyers seem to put themselves in a driving position by leveraging on the 80.260 price level. The 80.260 price level has been acting as a middle ground between the consolidation zone of 81.900 and 78.850. […]
AUDJPY Price Analysis – October 4 AUDJPY is tapering down a triangle formation in response to the tussle for dominance from buyers and sellers. The plunge in price was halted definitely at the 78.140 support level and an uptrend began. Price retested the 80.260 key level before climbing upward. By the 81.900 key level, the […]
AUDJPY Price Analysis – September 27 AUDJPY is rising in consolidation after striking the support at 78.850. The upper boundary of the consolidation zone lies at the 81.900 key level. The intent of the market at the moment is to forcefully break out of consolidation while still in its early stages. But it is expected […]
