I-AUDJPY Market iyaqhubeka nokuhamba kwayo kwe-Bearish Order

UAzeez Mustapha

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Uhlalutyo lweMarike - nge-2 kaJanuwari

The AUDJPY market continues its bearish order flow. The key level at 91.20 failed to hold. The same level has been converted to function as resistance.

Amanqanaba aphambili e-AUDJPY

Amanqanaba obonelelo: 91.20, 92.60, 94.0
Amanqanaba eMfuno: 89.20, 87.90, 87.00

TheAUDJPY Market Continues Its Bearish Order Flow

I-AUDJPY Ixesha elide iTrendi: Bearish

The AUDJPY market is on a downward trend. The market was oversold in September. The daily candles slipped below the key level Moving Averages (periods nine and twenty-one). The market retested the 95.40 supply level, where it resumed the bearish trend. The Moving Averages crossed above the 95.40 supply level to confirm the downtrend.

The bearish trend-line resisted the upward motion in the price action. The upward movements appeared to be corrections in the bearish market. The market delivered a very prominent impulsive move to the demand level of 87.00. The demand level at 87.00 was in the oversold region. The market retraced to 91.20. The former demand level fostered a sell-off as a new supply zone.

TheAUDJPY Market Continues Its Bearish Order Flow

I-AUDJPY iTrendi yexesha elifutshane: iBearish

The market has resumed its bearish trend. The bearish order block has fostered a fall in the market price. The market is expected to fall back to 87.00.

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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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