AUD/JPY Price Analysis: Refreshes fortnight low as sellers attack 93.50 key support
29.07.2022, 04:19

AUD/JPY Price Analysis: Refreshes fortnight low as sellers attack 93.50 key support

  • AUD/JPY remains pressured around two-week low, extends the previous day’s losses.
  • 50-DMA, six-month-old ascending trend line restricts immediate downside.
  • MACD teases bears but 100-DMA acts as an extra filter to the south.

AUD/JPY bears keep reins around the lowest levels in two weeks as they poke 93.45 during early Friday morning in Europe.

In doing so, the cross-currency pair extends the previous day’s losses while pushing bears to attack the crucial support confluence near 93.50, comprising the 50-DMA and an upward sloping trend line from January. It should be noted that the MACD also lures bears and adds strength to the downside bias.

Even so, the 100-DMA support around 92.45 can test the AUD/JPY bears before directing them to the monthly low near 91.40.

It should be noted that the mid-May swing high around 91.20 could challenge sellers past 91.40, a break of which could quickly fetch the quote towards the 90.00 threshold.

Alternatively, recovery remains elusive below March’s high near 94.35.

Following that, a horizontal area comprising multiple levels marked since April 20, close to 95.85 will be a tough nut to crack for the AUD/JPY bulls.

In a case where the pair successfully crosses the 95.85 hurdle, the odds favoring its run-up towards the yearly peak of 96.88 can’t be ruled out.

AUD/JPY: Daily chart

Trend: Further weakness expected

 

© 2000-2024. 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