AUD/JPY Price Forecast: Rises to near 98.00 amid potential for bullish divergence
16.12.2024, 05:17

AUD/JPY Price Forecast: Rises to near 98.00 amid potential for bullish divergence

  • AUD/JPY gains ground due to a potential for momentum shift to bullish from bearish bias.
  • An emergence of a bullish sentiment is possible if the RSI rises above the 50 mark.
  • The initial support appears at the psychological level of 98.00, followed by the nine-day EMA at 97.50.

The AUD/JPY cross extends its gains for the second successive day, trading around 98.20 during the Asian hours on Monday. The 14-day Relative Strength Index (RSI) is positioned slightly below the 50 level, indicating a bearish momentum is still in play. If the RSI rises above 50, it would signal an emergence of a bullish bias.

Additionally, a review of the daily chart indicates that the nine-day Exponential Moving Average (EMA) remains below the 50-day EMA. This alignment suggests that short-term price momentum is weaker compared to the longer-term trend, signaling the potential for continued price weakness.

The initial support for the AUD/JPY cross is located at the psychological level of 98.00, followed by the nine-day EMA at 97.50. A decisive break below this level could open the gates for the currency cross to navigate the region around its four-month low of 93.59, which was recorded on September 11.

On the upside, the AUD/JPY cross could test its primary resistance near the 50-day EMA at the 98.92 level. A decisive break above this level would signal strengthening bullish momentum, potentially driving the pair toward the five-month high of 102.41, last reached on November 7.

AUD/JPY: Daily Chart

Australian Dollar PRICE Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Japanese Yen.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.16% -0.15% 0.08% -0.07% -0.25% -0.27% -0.26%
EUR 0.16%   0.06% 0.34% 0.15% 0.07% -0.07% -0.06%
GBP 0.15% -0.06%   0.16% 0.09% 0.01% -0.13% -0.12%
JPY -0.08% -0.34% -0.16%   -0.15% -0.32% -0.33% -0.27%
CAD 0.07% -0.15% -0.09% 0.15%   -0.13% -0.21% -0.21%
AUD 0.25% -0.07% -0.01% 0.32% 0.13%   -0.12% -0.14%
NZD 0.27% 0.07% 0.13% 0.33% 0.21% 0.12%   -0.02%
CHF 0.26% 0.06% 0.12% 0.27% 0.21% 0.14% 0.02%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

© 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