简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
AUDJPY analysis for 03.08.2023
Abstract：On the 4-hour timeframe for AUDJPY, the RSI smoothly shifted below the centerline, signaling a potential bearish bias. Recent price action displayed a sharp bearish movement followed by an equally sharp bullish trend. Furthermore, the shorter moving average crossing below the longer moving average confirms a potential downtrend. Traders should exercise caution and closely monitor price movements for potential selling opportunities.
On the 4-hour timeframe for AUDJPY, the RSI smoothly shifted below the centerline, signaling a potential bearish bias. Recent price action displayed a sharp bearish movement followed by an equally sharp bullish trend. Furthermore, the shorter moving average crossing below the longer moving average confirms a potential downtrend. Traders should exercise caution and closely monitor price movements for potential selling opportunities.
• There is a resistance level at 95.840; followed by resistance at 95.676 and 95.310.
• There is a support level at 92.213. Below, there are 92.785 and 93.244.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
How Useful is Reviewing Last Year's Data for Trading Analysis?
Analyzing last year's trading data offers invaluable insights into market trends, helps refine trading strategies, and enhances decision-making for future trades.
Beginner 101: WikiFX’s Guide on How to Choose the Right Broker
For new traders entering the world of forex, choosing the right broker is one of the most crucial decisions they’ll make. A reliable broker can serve as a trusted partner, providing a platform that’s secure, transparent, and regulated. However, with thousands of options available, selecting the right broker can be overwhelming. That is why WikiFX is here to make things easy for you!
CySEC Extends Suspension of CIF License for FTX (EU) Ltd Until May 2025
The Cyprus Securities and Exchange Commission (CySEC) has announced an extension to the suspension of the Cyprus Investment Firm (CIF) license held by FTX (EU) Ltd. This decision follows a series of prior announcements from CySEC dating back to November 2022 and most recently updated on April 16, 2024
Will Trump's reelection drive more market growth?
According to the report, U.S. markets celebrated Wednesday as stocks rocketed upward following the decisive victory of former President Donald Trump in Tuesday’s presidential election. Investors were quick to respond, with the Dow Jones Industrial Average skyrocketing by 1,507 points, or 3.57%, to reach a record high—marking the first time the index has gained more than 1,000 points in a single day since November 2022. Similarly, the S&P 500 surged by 2.5%, and the Nasdaq climbed 2.95%, bringing all three major indexes to fresh highs.
WikiFX Broker
Latest News
Do You Really Know Your Trading Game?
WikiFXCySEC Tightens Compliance Rules for Crypto and FX/CFD Brokers
WikiFXWill Trump's reelection drive more market growth?
WikiFXFCA WARNING AGAINST Touchstone Markets
WikiFXCaroline Ellison Begins Two-Year Sentence for FTX Scandal
WikiFXFCA Convicts 2 Individuals from CCX Capital & Astaria Group in £1.5M Crypto Scam
WikiFXBeginner 101: WikiFX’s Guide on How to Choose the Right Broker
WikiFXJoin the WikiFX “Monthly Interaction, Quarterly Rewards” event and win exciting prizes!
WikiFXLaunch of the SkyLine Judge Community, Partnering with Top Judges to Build Industry Excellence
WikiFXTrump Win Spurs Historic Stock Rally as Markets Hit Record Highs
WikiFXCurrency Calculator
