AUD/JPY to test 83.06

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Resistances: 83.06; 83.57; 83.79
Supports: 82.57; 82.05; 81.85

Outlook
Yesterday's small bearish correction was stopped today, and now another bullish reaction takes place. As for now, the price is heading towards the monthly R1 at 83.06, which might bring some bearish momentum. In case it fails to stop the movement upwards, then next resistances at 83.57 (Weekly R1) and at 83.79 (upper Bollinger band) will probably reverse the current tendency. In addition, RSI indicator shows neutral signal, therefore the AUD/JPY currency couple is neither over-bought nor over-sold at the moment.

Traders' sentiment

SWFX market participants retain neutral attitude towards AUD/JPY, as 54% of traders hold long positions and 46% of traders hold short positions. The situation with orders is very similar, since 52% of traders ordered to buy and 48% ordered to sell the Australian Dollar.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.