Technical outlook and ideas for Forex pairs
We have outlooked several promising Forex pairs and the result can surprise you!
Technical levels for AUD/JPY
Information is not investment advice
AUD/JPY is trying to return to positive dynamics. The level of 74.50 which earlier acted as resistance is now functioning as support. If the positive risk sentiment keeps on the pair settles above the last week’s high of 74.80, there will be no significant technical obstacles until 75.80 (resistance line connecting the 2018 and 2019 highs; 200-day MA). The return below 74.38 (50-period MA on the H4) will open the way down to 73.95 and 73.70 (100-day MA).
Similar
Another EUR/USD Trade!
4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…
New EUR/USD Trade
4H Chart Daily Chart EURUSD declined back yesterday after trying to test its 1…
Popular
The CAD vs. the World: Mid-Term Scenarios for the Currency
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.
Fed Keeps Pushing USD to 2000s Highs
The US dollar index has all chances of reaching the 2000s high of 120.00.
Gold isn't saving investors from inflation
Many investors treated gold as a protection against inflation. However, last week, gold lost its major support and dropped despite rising inflation. Why did it act like this?
Choose your payment system
