AUDJPY Price Analysis- July 11 AUDJPY price momentum ceases as consolidation plays out. The price momentum has been around the 0.00 signal level on the momentum indicator strength. This, however, shows that the market prospect has caused several setbacks. Both prospects have been unwilling to cause a change in the direction of the market’s tendency. […]
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 […]
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 […]
With Australia’s lockdowns being prolonged, the AUD remains weak. As the number of cases continues to climb, Sydney, Melbourne, Canberra, and Darwin remain under rigorous limitations. Australia is vulnerable to the highly contagious Delta form since just 26% of people over the age of 16 have been properly vaccinated. Today was the bloodiest day of […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishOn July 19, AUD/JPY pair fell to $80 low and resumed upward. For the past week, the pair has been correcting upward. The selling pressure will resume if price breaks below level 80.00. The Fibonacci tool has indicated a further […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY currency pair is in a downward move as price reaches the low of level 80.17. The bearish momentum is likely to continue on the downside as the pair faces rejection after a retracement. Meanwhile, on June 21 downtrend; a […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY currency pair is in a downward move. The downtrend is likely to continue as price rises to the overbought region of the market. The market has earlier been rejected at level 84.00. Meanwhile, on June 21 downtrend; a retraced […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY currency pair fell to level 82.40 after rejection from the level 85.00 overhead resistance. The market is resuming upward to retest the overhead resistance. Meanwhile, on June 25 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY currency pair is in a downward move. The market was earlier correcting upward but the bulls could not break above the previous high. The selling pressure has resumed. On June 18 downtrend; a retraced candle body tested the 38.2% […]
