- Analytics
- News and Tools
- Market News
- AUD/JPY Price Analysis: Drops below the 200-DMA and hovers around 91.00
AUD/JPY Price Analysis: Drops below the 200-DMA and hovers around 91.00
- AUD/JPY is still subdued around the crowded 91.00 area, with the 20/50/100 and 200/day EMAs meandering the area.
- AUD/JPY Price Analysis: To remain sideways amid the lack of a catalyst.
The AUD/JPY seesaws as Friday’s Asian session begins, trapped within the boundaries of the 20/50/200-day Exponential Moving Averages (EMAs), amidst the lack of a catalyst. Therefore, further sideways action is expected in the AUD/JPY, which exchanges hands at 91.15, above the 20-day Exponential Moving Average (EMA).
AUD/JPY Price Analysis: Technical outlook
The AUD/JPY daily chart portrays price action contained within a 30 to 50-pip range. The AUD/JPY key resistance levels are the 50-day EMA at 91.25, followed by the 200-day EMA at 91.51, ahead of the 100-day EMA, which is the farthest one, around 91.82. On the other hand, the AUD/JPY key support levels are the 20-day EMA at 91.09, followed by the 91.00 psychological level.
The Relative Strength Index (RSI) is in bullish territory but flat, meaning the pair has uncertainty. Meanwhile, the Rate of Change (RoC) shows volatility is shrinking, suggesting that neither buyers/sellers are in charge.
AUD/JPY key technical levels
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
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.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
