AUDJPY Price Analysis Plunges from monthly highs struggles to reclaim the 100-DMA Audjpy - Currencies HEAD TOPICS

AUDJPY Price Analysis Plunges from monthly highs struggles to reclaim the 100-DMA

10/21/2022 8:42:00 PM

The AUD JPY seesawed in a wide range following Japanese authorities intervention in the FX markets The risk-perceived cross pair hit a daily high at

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AUDJPY Price Analysis Plunges from monthly highs struggles to reclaim the 100-DMA – by christianborjon AUDJPY Currencies Crosses Technical Analysis The AUD JPY seesawed in a wide range following Japanese authorities intervention in the FX markets The risk-perceived cross pair hit a daily high at AUD/JPY Price ForecastFriday’s session was volatile, and the AUD/JPY shifted its bias from neutral upwards to neutral, as flashed by the daily chart. When the pair fell from daily highs, it hurdled the 50 and 100-day Exponential Moving Averages (EMAs), each at 94.57 and 94.20, exposing the 20-day EMA. Worth noting that the AUD/JPY pierced the latter around 93.22 but rebounded towards current exchange rates, keeping the pair range-bound. Due to market participants bracing for the weekend, the lack of catalyst might keep the AUD/JPSD trading within the boundaries imposed by the daily EMAs. Therefore, key resistance lies at the 100 and 50-EMAs at 94.20 and 94.57, ahead of the 95.00 figure. On the flip side, the AUD/JPY first support would be the 20-day EMA at 93.22, ahead of the weekly low at 93.08. Read more:
FXStreet News » EUR/USD Price Analysis: 10/21-DMA challenge bears around mid-0.9700s WTI Price Analysis: Flat-lines above 100-hour SMA, $84.00 holds the key for bulls What is the Strategic Petroleum Reserve? And can it lower gas prices? GBP/USD Price Analysis: Struggles near weekly low, seems vulnerable below 1.1200 mark

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The pop star revisits her best—and boldest—outfits over her career. Read more >> EUR/USD Price Analysis: 10/21-DMA challenge bears around mid-0.9700sEUR/USD Price Analysis: 10/21-DMA challenge bears around mid-0.9700s – by anilpanchal7 EURUSD Technical Analysis ChartPatterns SwingTrading SupportResistance WTI Price Analysis: Flat-lines above 100-hour SMA, $84.00 holds the key for bullsWTI crude oil prices reverse an Asian session dip to the $84.15 area, though the intraday uptick lacks bullish conviction. The black liquid is current What is the Strategic Petroleum Reserve? And can it lower gas prices?The administration hopes that tapping the reserve, a move that comes just weeks before the midterm elections, will bring relief to voters who have been struggling from high gasoline prices. Actually we can ban the export of tax payer subsidized American oil and gas and impose a windfall tax on Big Oil who are reaping record profits. But that is not what Big Oil wants. And they own many politicians. Really? SMDH. GBP/USD Price Analysis: Struggles near weekly low, seems vulnerable below 1.1200 markGBP/USD Price Analysis: Struggles near weekly low, seems vulnerable below 1.1200 mark – by hareshmenghani GBPUSD Politics Fed Technical Analysis Currencies US Dollar Price Analysis: Bulls are moving in towards Thursday's highsIn trade on Thursday, the US dollar and US bond yields rose, with the US 2-year topping the highest since 2008 at 4.614%. Federal Reserve Bank of Phil around 95.Information on these pages contains forward-looking statements that involve risks and uncertainties.Information on these pages contains forward-looking statements that involve risks and uncertainties.18 minutes ago An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. 73 before plunging toward its daily low at 93.08. You should do your own thorough research before making any investment decisions. At the time of writing, the AUD/JPY is trading at 93. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.80, below its opening price by 0. It also does not guarantee that this information is of a timely nature.49%. Global oil prices were rising even before Russia invaded Ukraine in February. AUD/JPY Price Forecast Friday’s session was volatile, and the AUD/JPY shifted its bias from neutral upwards to neutral, as flashed by the daily chart. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. When the pair fell from daily highs, it hurdled the 50 and 100-day Exponential Moving Averages (EMAs), each at 94.57 and 94. The author will not be held responsible for information that is found at the end of links posted on this page.20, exposing the 20-day EMA. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. Worth noting that the AUD/JPY pierced the latter around 93. The author has not received compensation for writing this article, other than from FXStreet. Tapping the reserve is among the few things a president can do alone to try to control inflation, which makes Americans poorer and often creates a political liability for the party in control of the White House. 22 but rebounded towards current exchange rates, keeping the pair range-bound. Due to market participants bracing for the weekend, the lack of catalyst might keep the AUD/JPSD trading within the boundaries imposed by the daily EMAs. The author makes no representations as to the accuracy, completeness, or suitability of this information. The author makes no representations as to the accuracy, completeness, or suitability of this information. Therefore, key resistance lies at the 100 and 50-EMAs at 94.20 and 94. Errors and omissions excepted.57, ahead of the 95. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.S. 00 figure.. On the flip side, the AUD/JPY first support would be the 20-day EMA at 93.22, ahead of the weekly low at 93.08. AUD/JPY Daily Chart Short term, the AUD/JPY hourly chart, lacks direction, so traders better be on the sidelines until the dust settles. In 2011, President Barack Obama approved the release of 30 million barrels to offset the disruption of supply from Libya. For the restless ones, the AUD/JPY first resistance is the daily pivot point at 94.27, followed by the 95.00 figure, ahead of the R2 pivot level at 95.16. On the flip side, the AUD/JPY key support levels would be the 94. Prices did dip for nearly two weeks after Biden’s initial announcement about tapping the reserve back in November but they began to climb again before the month was over. 00 figure, followed by the S1 daily pivot at 93.86, ahead of the 200-EMA at 93.18. AUD/JPY Hourly Chart .