AUD/JPY Price Analysis: Dark cloud covers loom, bears target 93.00
18.10.2023, 21:40

AUD/JPY Price Analysis: Dark cloud covers loom, bears target 93.00

  • Rising geopolitical tensions in the Middle East contribute to risk aversion, weighing on the Aussie Dollar.
  • The AUD/JPY formed a dark-cloud-cover chart pattern indicating potential bearish momentum.
  • Immediate support is identified at the top of the Ichimoku Cloud (Kumo) at 94.30, followed by the psychological level of 94.00.

AUD/JPY extends its losses for two straight days as Thursday’s Asian session begins, with the pair exchanging hands at around 94.94. On Wednesday, risk aversion dented demand for Aussie Dollars (AUD) amid growing tensions in the Middle East conflict, as the cross-pair printed losses of 0.36%.

From a technical standpoint, the AUD/JPY is trading sideways, trapped within the 94.00/95.00 range, unable to crack the top or the bottom. Price action in the last couple of days printed a dark-cloud-cover chart pattern, suggesting that further downside is expected.

In that case, AUD/JPY first support emerges at the Ichimoku Cloud (Kumo) fop at 94.30 before slumping to 94.00. Once those two levels are cleared, the cross-pair next support emerges at the October 3 swing low of 93.01, before dropping towards the July 28 swing low of 91.97.

On the flip side, AUD/JPY buyers must reclaim the 95.00 mark, if they would like to challenge the September 29 swing high of 96.92, before challenging the year-to-date (YTD) high of 97.67.

AUD/JPY Price Action – Daily chart

AUD/JPY Key Technical Levels

 

© 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