website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Australian Dollar / Japanese Yen technical chart
Symbol AUDJPY

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateSeptember 17, 2023 - 04:36
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 93.003, resumption of uptrend is expected.
  • We make sure when the resistance at 98.580 breaks.
  • If the support at 93.003 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • The RSI resistance #1 at 57 is broken, so the probability of resumption of uptrend is increased.
  • A trough is formed in daily chart at 92.775 on 08/18/2023, so more gains to resistance(s) 95.700, 96.870, 97.668 and maximum to Major Resistance (98.580) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 60.

Supports and Resistances:

  1. 98.580
  2. 96.870
  3. 95.700
  4. 94.570
  5. 92.254
  6. 90.830
  7. 90.051
  8. 89.020
  9. 80.200
  10. 78.795
Click on the level to view price action history.