AUD/JPY Price Analysis: AUD bulls fight back and reclaim 93.60 amid the lack of catalyst By christianborjon AUDJPY Crosses Technical Analysis
On Wednesday, the AUD/JPY lifted from daily lows when the Reserve Bank of New Zealand took the market by surprise, hiking rates by 50 bps to the Overnight Cash Rate . Due to its close ties with New Zealand, the Australian dollar reacted positively and edged higher against most G8 currency pairs.
Upwards, the AUD/JPY’s first resistance would be April 13 93.86 daily high. A breach of the latter might open the door towards the YTD high at 94.31, but first, AUD/JPY bulls would need to reclaim the 94.00 mark On the flip side, the AUD/JPY first support would be the April 11 daily low at 92.42. A decisive break would expose the 92.00 mark, followed by March’s 31 90.76 daily low.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
AUD/USD Price Analysis: Sticks to recovery gains, around 0.7430-35 area ahead of US CPIAUD/USD Price Analysis: Sticks to recovery gains, around 0.7430-35 area ahead of US CPI By HareshMenghani AUDUSD Technical Analysis Majors Currencies Inflation
Lire la suite »
AUD/JPY pushes to fresh weekly highs amid risk-on flows & commodity strength, eyes annual highs above 94.00AUD/JPY pushes to fresh weekly highs amid risk-on flows & commodity strength, eyes annual highs above 94.00 By Frank_Macro AUDJPY RiskAppetite Commodities RBA
Lire la suite »
USD/JPY Technical Analysis: Overbought LevelsFor three trading sessions in a row, the bulls are settling in the price of the USD/JPY currency pair around the resistance level at 125.75 highest in six years
Lire la suite »
EUR/USD Price Analysis: Bulls eye 50% mean reversionEUR/USD has left a W-formation on the hourly chart as defined between the last bearish impulse to the lows, the correction that was followed by a subs
Lire la suite »
GBP/JPY Price Analysis: Bears are lurking in monthly structure, 163.50 support eyedGBP/JPY has rallied by almost 1% on the day in an extension of the bullish breakout of the 2021 resistance as per the monthly chart. However, whether
Lire la suite »
AUD/NZD spikes from 1.0830 on a 50 bps OCR hike by the RBNZThe AUD/NZD pair has attracted significant bids at around 1.0834 as the Reserve Bank of New Zealand has raised its Official Cash Rate (OCR) higher tha
Lire la suite »