empty
 
 
28.05.2025 08:39 AM
Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday May 28, 2025.

This image is no longer relevant

With the appearance of Convergence between the movement of the AUD/JPY currency pair against the Stochastic Oscillator indicator and also confirmed by its price movement which is moving above the WMA (21) which has a slope that is also going upwards on the 4-hour chart, then in the near future AUD/JPY has the potential to strengthen upwards where the level of 93.66 will be tested and if it is successfully broken and closes above it, then AUD/JPY has the potential to continue its strengthening to the level of 94.28 and if the volatility and momentum of its strengthening support it, then 94.86 will be the next target to be aimed for, but if on its way to the target levels there is a sudden weakening that breaks and closes below the level of 91.59, then all strengthening scenarios that have been described previously will be invalid and automatically canceled by themselves.

(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 $9000 more!
    In May we raffle $9000 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