The AUDJPY currency pair has shown significant movements over the past months. Recently, the trend has been analyzed to identify any shifts, predominantly showing a downward trajectory reflected by moving averages and recent price actions. This analysis will highlight key support and resistance levels to gauge potential future movement.
The AUDJPY has exhibited signs of a ▼ Downtrend, as reflected by the EMA20 being less than the EMA50 over the recent data points. This is characterized by declining prices and consistent lower lows indicating bearish sentiment.
Date | Close Price | Trend |
---|---|---|
2025-04-25 | 91.871 | ▼ |
2025-04-24 | 91.358 | ▼ |
2025-04-23 | 91.201 | ▼ |
2025-04-22 | 90.081 | ▼ |
2025-04-21 | 90.364 | ▼ |
2025-04-20 | 90.522 | ▼ |
2025-04-18 | 90.6 | ▼ |
The continued downward trend, marked by consistent lower prices, suggests caution for bullish positions.
Analyzing recent lows and highs reveals critical support and resistance zones.
Zone Type | From | To |
---|---|---|
Support 1 | 90.081 | 90.322 |
Support 2 | 90.081 | 90.549 |
Resistance 1 | 91.087 | 91.871 |
Resistance 2 | 91.358 | 92.651 |
The current price is near the Support Zone 1, indicating potential temporary hold against further decline.
Overall, the AUDJPY shows a bearish trend with key support levels possibly providing temporary relief. Traders should be cautious and look for reversal signals if contemplating long positions. Downward momentum may continue, but breaking significant resistance could signal a trend change.
### JSON Output json { "trend_type": "down", "Support_zone_from_1": 90.081, "Support_zone_to_1": 90.322, "Support_zone_from_2": 90.081, "Support_zone_to_2": 90.549, "Resistance_zone_from_1": 91.087, "Resistance_zone_to_1": 91.871, "Resistance_zone_from_2": 91.358, "Resistance_zone_to_2": 92.651 } **Note:** The calculations for support/resistance consider quantiles to estimate zones. This is a starting point, and real trading should consider wider context and finer data detail.