AUD/JPY 4H Chart: Bearish signals today

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3) Sell Neutral Buy
Alligator (13; 8; 5) Sell Sell Sell
SAR (0.02; 0.2) Buy Sell Sell
Aggregate

The Australian Dollar has depreciated about 13.96% of its values against the Japanese Yen. The currency pair reached a historically low level at 70.7728 during Thursday's trading session.

Presently, the exchange rate is gradually regaining his lost positions and aiming for the upper boundary of a descending channel pattern at 79.4973. 

However, the 50-hour simple moving average at 77.301 could hinder the currency exchange rate from reaching the given target.

Moreover, technical indicators suggest that the AUD/JPY will end the week with bearish momentum.

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