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22.01.202510:28 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday January 22, 2025.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 22.01.2025 analysis

If we look at the 4-hour chart of the AUD/JPY cross currency pair, it appears that Buyers are starting to enter again, which is confirmed by the appearance of divergence between the AUD/JPY price movement against the MACD Histogram indicator (osMA-12,26,9) and its price movement moving above the WMA (30 Shift 2) so that as long as there is no significant weakening correction, especially if it breaks through and closes below the 95.92 level, then AUD/JPY today has the potential to appreciate up to the 98.44 level and if it successfully breaks through and closes above it, AUD/JPY will continue to strengthen to the 100.35 level if the strengthening momentum and volatility support it.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

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