AUDJPY Analysis – June 13 AUDJPY bulls show weakness at the 96.800 critical level, and the market has plunged as a result. After struggling below the 91.120 significant price level, AUDJPY broke out by using an ascending triangle pattern. The market surged strongly upwards, breaking several barriers, till it rose to the 95.800 price level. […]
AUDJPY Analysis – June 6 AUDJPY bulls have regained market dominance after they eventually violated the prominent key level at 91.120. The buyers have now covered up for their lack of concentration, which led to the slump of the price below the same 91.120 prominent level. The price fell straight to 87.430, and it was […]
AUDJPY Analysis – May 31 AUDJPY bulls are regrouping below the 91.120 order block for a potential rally. The price has been beaten down below this level of strength. This leaves the price hanging above 87.430. Nevertheless, the market remains bullish in its approach. It is now regrouping to regain that position of power above […]
AUDJPY Analysis – May 23 AUDJPY converts the 91.120 significant level into a bearish springboard as the market prepares to drop. Since attaining a level above this 91.120 critical level, buyers have been limited in their actions. The plan among the market investors is to leverage this level to hold off the sellers, but they […]
AUDJPY Analysis – May 16 AUDJPY suffers an unexpected drop below the 91.120 significant level. The price was initially blocked at 95.620, which led to a plunge that was only halted at the 91.120 strong support level. Afterwards, the market started rallying from there, moving upward through a channel. It was a rigid uptrend that […]
AUDJPY Analysis – May 8 AUDJPY begins consolidating above the 91.120 order block after its bullish momentum has finally been suppressed at the 95.620 resistance level. The price attained the resistance level of 95.620 on the 20th of April 2022 and immediately received a blow that left the market spiraling downwards. It took the order […]
AUD/JPY remains ahead of the 92.50 price level around the 92.55 price level, continuing its two-day straight rallying as it breaks important marks. Positive Australian data and slight positive market feeling justified what we now observed in the market. Nevertheless, before-Fed trading appeases and Vacations in Japan restrains AUD/JPY instant actions. Also, The Australian Retail […]
AUDJPY Analysis – May 2 AUDJPY leverages the 91.120 significant price level to keep its bullish campaign on track. After the currency broke out and made a strong price rise, weakness began to set in among the buy-traders around 92.930. This led to the first setback in the bullish agenda, but the market leverages the […]
AUDJPY Analysis – April 25 AUDJPY bulls get exhausted after driving the market upwards by 13% to the 95.620 resistance level. Market purchasers have capitalized on the Japanese yen’s inherent difficulties in purchasing the Australian dollar at its expense. This has led to a breakout beyond the 85.830 price line and even more upsurge until […]
