12.03.202507:13 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday March 12, 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.

If we look at the 4-hour chart of the AUD/JPY cross currency pair, there are several interesting things, namely, first, the price movement is moving within the Bullish Pitchfork channel and second, the appearance of divergence between the price movement and the Stochastic Oscillator indicator which is also confirmed by the price movement of AUD/JPY which is moving above EMA (10) so that based on all these facts, this cross currency pair in the near future has the potential to strengthen up to the level of 93.62 as its main target and if the volatility and momentum of its strengthening support it, then 94.28 will be the next target to be tested, but all of these strengthening setups will be invalid if suddenly there is a weakening correction that breaks through and closes below the level of 91.76.

(Disclaimer)

Back to the list

Open trading account

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.