AUD/JPY Price Analysis: Bears attack 92.00 with eyes on multi-day-old support line
05.07.2022, 23:52

AUD/JPY Price Analysis: Bears attack 92.00 with eyes on multi-day-old support line

  • AUD/JPY remains pressured after reversing from monthly resistance line.
  • Bearish MACD signals, downbeat RSI adds strength to the downside bias.
  • 100-day EMA act as additional support, bulls need validation from April’s peak.

AUD/JPY remains on the back foot at around 92.00 as sellers keep the previous day’s U-turn from the monthly resistance line during Wednesday’s sluggish Asian session.

In addition to the pullback from the key resistance line, bearish MACD signals and the downward sloping RSI (14), not oversold, also favor sellers to expect further downside.

However, an upward sloping support line from January 28 and the 100-day EMA, respectively near 91.00 and 90.70, could challenge the AUD/USD bears.

In a case where AUD/JPY drops below 90.70, the 90.00 threshold may probe the sellers before directing them to May’s low of 87.30.

On the flip side, recovery remains elusive until the quote stays below the one-month-old descending resistance line, around 93.85 at the latest.

Even so, the late June swing low and April’s high, respectively near 95.30 and 95.75 in that order, could challenge the AUD/JPY bulls before questioning the yearly high of 96.88.

Overall, AUD/JPY remains pressured towards the key support with limited downside expected. However, sour sentiment and recession fears can drown the risk-barometer pair.

AUD/JPY: Daily chart

Trend: Further downside expected

 

© 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