AUDJPY Forex Analysis - Rally Back To 95.13 Daily Resistance
Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the AUDJPY weekly, daily, and 15-minute charts.
ACY Securities
|
465 days ago
Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the AUDJPY weekly, daily, and 15-minute charts.
Price reversed yesterday just ahead of the 93.03 weekly support level.
Watching for the 94.00 level to be support for a further advance targeting the 95.13 daily resistance level.
This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
read more
Yen Strengthens Amid Global Market Uncertainty What to Expect Next
As the Asian session begins, the Japanese yen demonstrated notable strength as heightened risk-averse sentiment pervaded the forex market. This increase in the yen’s value is particularly evident in its performance against G10 commodity-linked currencies.
ACY Securities
|
45 days ago
Recent Trends and Future Outlook for the Australian Dollar
In the past month, the Australian and New Zealand dollars, both classified as G10 commodity currencies, have experienced significant declines due to worsening global investor sentiment.
ACY Securities
|
70 days ago
Hawkish Bullock Talk Boosts AUD, DXY Edges Up
The Australian Dollar ratcheted higher to 0.6593 from 0.6522 after RBA Governor Michelle Bullock said the central will not hesitate to raise rates again to combat inflation. Her remarks came after the Australian central bank held the cash rate steady at 4.35%.
ACY Securities
|
70 days ago
Dollar Plummets against Yen as BOJ Rate Hike Bets Rise
The US Dollar plummeted against the Japanese Yen to 155.60 from 157.37. Rising expectations of a BOJ rate hike at their policy meeting next week weighed on the Greenback.
ACY Securities
|
87 days ago
Japanese Yen Ends Flat, at 38-Year Lows vs Dollar
The Japanese Yen settled at near 38-year lows against the US Dollar, at 161.45 (161.47 yesterday) as yield differentials between the two currencies kept wide.
ACY Securities
|
109 days ago
Dollar Dips on Soft Data, Yen Maintains Weakness
The Dollar Index, a measure of the value of the Greenback against 6 major currencies, eased to 105.93 from 106.05 following the release of softer than expected US Core Durable Goods Orders.
ACY Securities
|
114 days ago
Soft US Retail Sales Pull Dollar, Bond Yields Lower
Softer-than-expected US Retail Sales pulled the US 10-year bond yield down to 4.22% (4.27%). A good US Treasury auction result lifted bond prices, pushing yields lower.
ACY Securities
|
123 days ago
Dollar Index Flat Post FOMC Minutes; Yen Stays Weak
The Dollar Index, a popular gauge of the Greenback’s value against a basket of 6 major currencies, finished little-changed at 103.97(103.95).
ACY Securities
|
240 days ago
