Aud/JPy price analysis: Profits constrained near the key resistance, because the bears are the background

Featured in:
abcd

  • Aud/JPy trades near the zone 90.30 after modest profits on Friday
  • The rush remains faint because the indicators without neutral to wear
  • Resistance at 90.86 and the pressure of the bear from key average average restrictions

The Aud/JPy pair published a soft advance on Friday’s session, heading towards zone 90.30 after gaining a profit by over 0.30%. Despite the intensity growth, the general technical picture remains bear, and the couple still fight at several key resistance levels and long -term medium.

While the price action approached the peak of the daily range (88.287–90.516), momentum indicators Reveal a constrained belief for moving. The relative force indicator (RSI) remains neutral at 42.15, while MacD is still flashing the sales signal. Similarly, both the Bull Bear (-3.748) indicator and the freight channel index (CCI) at -92,800 offer neutral readings, indicating the potential loss of stubborn adhesion.

sadasda

Trend -based indicators still favor sellers. 20-day straight movable average (SMA) at 92.780, along with the 100-day SMA at 95.861 and 200-day SMA at 97.903, they all tilt down. Bear signals are further confirmed by a 10-day interpretation average (EMA) at 90.867 and 10-day SMA at 90.985.

Looking to the future, support is noticeable at 89.341, and the resistance levels are aligned at 90.867, 90.899 and 90.985. Permanent breaks would be needed above this coincidence to weaken the current prejudices of the bear, although the wider trend remains under pressure.

Daily chart

abcd
sadasda

Find us on

Latest articles

Related articles

See more articles

USD/JPY falls to multi-week lows after suspected “rate check”...

USD/JPY fell more than 300 pips on Friday on suspected "interest rate controls" by the Japanese Ministry...

Forecasts for the coming week: The US dollar falls...

The US dollar (USD) ended the week near a four-month low around 97.80, maintaining a faint tone...

Gold surges to $4,988 after dollar collapse on yen...

Gold (XAU/USD) rose more than 1% during Friday's North American session as the US dollar (USD) was...

EUR/USD rises above 1.1800 as rumors of yen intervention...

According to the US Dollar Index (DXY), the EUR/USD rate made solid gains at the end of...

Gold nears $5,000 amid safe-haven demand and a weaker...

Gold (XAU/USD) gains on Friday, setting another record high after coming under brief pressure earlier in the...

EUR/USD remains near highs awaiting flash PMI readings from...

EUR/USD has seen moderate losses, trading just above 1.1730 at the time of writing on Friday, but...