empty
 
 
04.09.2024 06:23 AM
Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday September 04, 2024.

This image is no longer relevant

With the appearance of deviations between price movements and the RSI indicator (5) on the 4-hour chart of the AUD/JPY cross currency pair, in the near future AUD/JPY has the potential to weaken where the Fair Value Gap area level has the potential to be tested in the near future, but as long as the weakening does not penetrate below the 93.37 level, AUD/JPY has the potential to strengthen again and rise upwards where the 99.80 level will try to be broken upwards. If successful, AUD/JPY has the potential to continue strengthening to the 106.80 level if momentum and volatility support it.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback