AUDJPY Forex Analysis - Lower Top Forming At The 79% Fib Retracement Level

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the AUDJPY daily chart.

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the AUDJPY daily chart.

Price has rallied back to 91.73 the 79% fib retracement level.

Price trading below 91.09 yesterday’s lower will confirm the formation of a lower top and the next decline targeting the 87.01 monthly support level.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

Regulation: ASIC (Australia), FSCA (South Africa)
read more
Dollar Falls, Pound Gains: May 15, 2025

Dollar Falls, Pound Gains: May 15, 2025

Global financial markets on May 20, 2025, are driven by central bank actions and geopolitical developments, with focus on the RBA’s press conference post-rate cut, PBoC’s LPR reduction, and potential Russia-Ukraine ceasefire talks.
Moneta Markets | 41 days ago
Daily Global Market Update: March 10, 2025

Daily Global Market Update: March 10, 2025

As of Monday, March 10, 2025, financial markets are navigating a shifting landscape, with the US Dollar staging a recovery and influencing currency pairs and precious metals. Here’s a detailed overview of key market movements based on the latest developments:
Moneta Markets | 112 days ago
Daily Global Market Update: March 10, 2025

Daily Global Market Update: March 10, 2025

As of Monday, March 10, 2025, financial markets are navigating a shifting landscape, with the US Dollar staging a recovery and influencing currency pairs and precious metals. Here’s a detailed overview of key market movements based on the latest developments:
Moneta Markets | 112 days ago