The AUDJPY price could begin to drop as the bears are gathering momentum.The bulls are still dominating the market at the moment. AUDJPY Weekly Price Analysis – September 1 The AUDJPY pair is showing signs of weakness, and the price could begin to drop as the sell traders gather momentum to resume the down south…
The AUDJPY downward trend may continue, and a breakdown is imminent.The bears will dominate soon. AUDJPY Weekly Price Analysis – August 25 The AUDJPY structure today, suggests that the downward trend may continue and a breakdown is imminent as the buying pressure seems to be exhausted on the daily time frame. The Yen price could…
The AUDJPY bulls may lose control.The currency pair could still decrease despite a minor uptick. AUDJPY Weekly Price Analysis – August 18 Today, the AUDJPY bulls may lose control of the market as the market buying pressure seems to be dropping. Thus, a further increase in the bear’s pressure may break down at the $90.11…
The currency pair Bull Run faces rejection at the $96.21 low mark. The sell traders are dominating. AUDJPY Weekly Price Analysis – August 11 The AUDJPY bears dominate as the bull run faces rejection at the daily $92.21 support level. The pair is in a downward trend and may continue sliding. Therefore, if the bears…
The AUD/JPY pair declined to 96.45 on Friday resuming the losses after three sessions with gains. However, technical indicators suggest a shift towards neutral territory, with the RSI moving out of the oversold zone and the MACD showing decreasing red bars. The cross will close a weekly gain of nearly 1% despite the losses. In…
AUDJPY is preparing for a new bearish phaseThe currency pair may slide below the $80.00 lower support AUDJPY Weekly Price Analysis – June 16AUDJPY prepares for a new bearish phase after updating the bullish momentum. It is about time for the Yen to commence its low dips as a new bearish correction is currently in…
AUD/JPY extends gains as Australia’s Trade Surplus widens amid lower imports. Australia’s Trade Balance rose to A$ 6,548 million MoM in May, surpassing the expected A$ 5,500 million. BoJ Governor Kazuo Ueda stated that inflation expectations are gradually rising but have yet to reach 2%. AUD/JPY continues to gain for the second successive day, trading…
The AUDJPY price rises above the resistance trend levels.Buyers remain dominant in the market at present. USDJPY Weekly Price Analysis – May 26Presently, the AUDJPY price which rises above the resistance trend levels is due to the high bullish impact on the currency pair. The Yen price will keep rising based on the outlook. In…