AUD/JPY Price Analysis: Reaches a new multi-year high around 91.90s
24.03.2022, 23:12

AUD/JPY Price Analysis: Reaches a new multi-year high around 91.90s

  • The AUD/JPY has printed five-year-highs in the last seven trading days.
  • Market sentiment shifts have not been an excuse for the AUD/JPY to keep trading higher.
  • AUD/JPY Price Forecast: The bias is upwards as bulls prepare an assault towards 92.00.

AUD/JPY rally extends to nine-straight days, despite days of risk-off market mood with Thursday’s not being the case, as US stocks finished in the green, while Asian equity futures fluctuate, painting a mixed sentiment. At the time of writing, the AUD/JPY is trading at 91.95.

The AUD/JPY has been reaching new year-to-date (YTD) highs in the last seven trading days, breaking on its way north, some critical resistance levels, like Pitchfork’s channel central line around 89.50 and the psychological 90.00 mark.

However, as the Relative Strength Index (RSI) reaches readings above 86,90 and the AUD/JPY is about to pierce the mid-line between the central-top trendlines of Pitchfork’s channel around the 92.00-15 area, the AUD/JPY might be subject to a correction. Nevertheless, the path of least resistance is upwards.

AUD/JPY Price Forecast: Technical outlook

That said, the AUD/JPY first resistance would be the mid-line between the central-top trendlines of Pitchfork’s channel around 92.00-15. Breach of the latter would expose 93.00, followed by the 78.6% Fibonacci retracement at 93.39.

On the flip side, In the event of a pull-back, the AUD/JPY first support would be 91.00. Once cleared, the next support would be the 90.00 mark, followed by Pitchfork’s channel central line around 89.50, and then the 89.00 figure.

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik