- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- AUD/JPY Price Analysis: Extends pullback from key hurdles below 93.00
AUD/JPY Price Analysis: Extends pullback from key hurdles below 93.00
- AUD/JPY holds lower ground after reversing from weekly top.
- Convergence of 21-DMA, 50-DMA precedes previous support line from early May to restrict immediate upside.
- Bearish MACD signals also favor the decline towards 50% Fibonacci retracement.
AUD/JPY bears keep reins after retaking control from crucial resistances, despite recent dribbling of around 92.60 during Friday’s Asian session.
That said, the cross-currency pair refreshed a one-week high the previous day before reversing from a confluence of the 21-DMA and the 50-DMA, as well as reversing from the resistance-turned-support stretched from May 12.
The pullback moves join bearish MACD signals to keep sellers hopeful.
However, the 50% Fibonacci retracement level of May-June upside, around 92.10, quickly followed by the 92.00 threshold, could challenge the AUD/JPY sellers.
It’s worth noting that July’s bottom near 91.40 and the 61.8% Fibonacci retracement level of 90.95 will precede the latest swing low close to 90.50 to restrict the cross-currency pair’s downside past 92.00.
Alternatively, recovery moves may initially confront the aforementioned DMA convergence of 93.75 before poking the previous support line surrounding 93.85.
Even if the AUD/JPY prices cross the 93.85 hurdle, the bulls need validation from the 94.00 round figure before retaking control.
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.
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.
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
