Market Analysis- March 22 AUDJPY buyers continue the bullish streak. The buyers have been displaying remarkable strength, propelling the price towards a significant level of 99.800. The AUDJPY pair started the year in a sideways market, lacking a clear trend. However, in February, the bulls seized a solid opportunity and broke through the significant zone […]
Market Analysis- February 28 AUDJPY is experiencing a shift in market dynamics. The tide has turned, with sellers managing to slip out while buyers bow to the mounting pressure. Over the past few weeks, buyers of the AUDJPY pair have exhibited remarkable strength, propelling the market forward. . However, this week has witnessed a notable […]
Market Analysis – February 13 AUDJPY consolidation phase lingers as sellers take control. The pair has been experiencing a consolidation phase, with sellers taking control of the market. Despite the start of the new year, the market has yet to gain serious momentum. The pair has been stuck in a ranging phase for several weeks, […]
AUDJPY Analysis –January 31 AUDJPY sustains a long-term bullish trend with an unaltered market structure. The market’s projection on the daily chart is bullish. The Stochastic Oscillator indicates a high possibility of the price declining anytime soon. However, a decline is likely to only last until the sell-side liquidity below 95.840 is swept. After which, […]
AUDJPY Analysis – January 23 AUDJPY faces a downside as the bullish momentum falters. Despite the ongoing pullback, the market’s order flow is still bullish. With the inability to break through the bearish order block at the premium zone, the bullish momentum in AUDJPY seems to have stopped. There will likely be another downward crash […]
AUDJPY Analysis – January 10 AUDJPY price action keeps respecting Bullish Trendline. In June 2023, AUDJPY began a reversal to the upside, leading to a massive surge and invalidation of previous support at 91.800. Following a BOS (Break of Structure) at 97.700, the price hit 98.570 resistance, leading to a major retracement and a bullish […]
Market Analysis – December 18 AUDJPY buyers return to the market as the price leaves the discount zone. The market experiences a prevailing surge in positive momentum, marked by intricate variations in prices oscillating between the premium and discount zones. The current upward trend originates from a recent retreat near the rejection block, hinting at […]
AUDJPY Analysis – December 12 AUDJPY resumes its bullish trend as the price returns from the discount zone. The market’s order flow is clearly bullish as prices move fractally from the discount zone to the premium zone and vice versa. The resumption of the uptrend follows the price’s recent retraction at the rejection block. […]
AUDJPY Analysis – November 28 AUDJPY remains bullish amidst the selling pressure at the 98.600 price level. The market has been bullish since the price’s expansion from the discount zone. Since September 2023, the MACD (Moving Average Convergence Divergence), has been above the zero line. According to the MACD, the bullish trend is likely to […]
