Stay 
Trading Conditions
Products
Tools
On the 4 hour chart of AUD/JPY it appears that Sellers are dominating where this is confirmed by the 20 EMA which is below the 50 EMA and the AUD/JPY price movement is below both EMAs but the price movement of this currency pair creates a deviation between the price movement and the indicator The AMCD Histogram gives an indication that in the near future AUD/JPY has the potential to be corrected to strengthen up to level 103.97, but as long as the strengthening correction does not penetrate above level 105.63 then AUD/JPY will continue to weaken up to level 101.41 and if momentum and the volatility is supportive then level 99.83 will be the next target to aim for.
(Disclaimer)
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
We may place cookies for analysis of our visitor data, to improve our website and measure advertising performance. Overall this data is used to provide a better website experience. More information
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
