28.05.202508:39 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday May 28, 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.

With the appearance of Convergence between the movement of the AUD/JPY currency pair against the Stochastic Oscillator indicator and also confirmed by its price movement which is moving above the WMA (21) which has a slope that is also going upwards on the 4-hour chart, then in the near future AUD/JPY has the potential to strengthen upwards where the level of 93.66 will be tested and if it is successfully broken and closes above it, then AUD/JPY has the potential to continue its strengthening to the level of 94.28 and if the volatility and momentum of its strengthening support it, then 94.86 will be the next target to be aimed for, but if on its way to the target levels there is a sudden weakening that breaks and closes below the level of 91.59, then all strengthening scenarios that have been described previously will be invalid and automatically canceled by themselves.

(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.