AUD/JPY Price Analysis: Bears eye a break below key structure with eyes on 91.00 AUDJPY Technical Analysis
The bulls have been in charge for the best part of the end of last week with a strong rally from a low of around 88.00 to meet the upper end of the 91 area. The question now is whether the bears will be given an opportunity as the price starts to consolidate here following some recent deceleration on the bid:The bears have started to take on the supporting trendlines and a break there will open risks of a move into the price imbalance below and potentially all the way to the 91.27s and the 91.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
AUD/USD Price Analysis: Bulls eye 0.7020, bears target a break of H1 structure, 0.6910As per last week's end-of-week analysis, AUD/USD Price Analysis: Bulls are trapped, 0.6950 eyed before further downside potential to test below 0.6800
ادامه مطلب »
AUD/USD Price Analysis: Bears are moving in and eye a break of structureAs per the start of the week's analysis, AUD/USD Price Analysis: Bulls eye 0.7020, bears target a break of H1 structure, 0.6910 and then AUD/USD start
ادامه مطلب »
EUR/JPY Price Analysis: Bears seeking a break of critical trendline supportEUR/JPY bulls have failed to take advantage of the European Central Bank sentiment at the turn of the day with bears moving in for the kill from below
ادامه مطلب »
NZD/USD Price Analysis: Bears eye a retracement opportunityNZD/USD has come up into a major resistance and it begs the question as to whether the bulls will stay the course as we head into critical events on b
ادامه مطلب »
AUD/JPY remains sideways below 92.00 despite Aussie PMI softensThe AUD/JPY pair has continued to remain sideways around 91.80 despite the release of the downbeat Australian S&P500 PMI data. Manufacturing PMI has t
ادامه مطلب »
Gold Price Forecast: XAU/USD bears eye a correction to break trendline supportsGold price was volatile at the start of the week following a break of a test of a major trendline and horizontal support. In Asia, the bulls are exten
ادامه مطلب »