AUD/JPY Price Analysis: Recovers from multi-week lows, bears take a breather
02.02.2024, 19:28

AUD/JPY Price Analysis: Recovers from multi-week lows, bears take a breather

  • The AUD/JPY registers gains at 96.60 mark, with a positive 0.40% score on the board.
  • Daily indicators flattened in negative territory.
  • On the weekly chart chart, bearish momentum is building.

In Friday's session, the AUD/JPY was seen rising to 96.60, recording gains of 0.40% but will still close a 0.70% weekly loss. While bears have dominated in the last sessions, pushing the pair down to its lowest level since mid-December, they seem to be taking a breather which allowed room for the upside. However, on the weekly outlook, the bearish sentiment is still evident, indicating more downside potential as the cross tallies a second consecutive weekly loss.

On the daily chart, despite the bears making some headway and the pair's trading position situated below the 20-day Simple Moving Averages (SMAs), the bulls retain control in the wider frame.. With regards to the Moving Average Convergence Divergence (MACD), the flat red bars indicate a period of consolidation, which could be seen as bears taking a breather as well as the positive slope in negative territory of the Relative Strength Index (RSI).

On the weekly chart, the momentum appears to tilt towards the bears. With the RSI falling in the positive territory and the MACD displaying red bars, it suggests that the selling momentum may be building up. Since mid-January, the cross declined by nearly 1%, and tallies a two-week losing streak.

AUD/JPY daily chart

 

© 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