Tag Archives: Volatility

AUD/JPY Price Analysis: Aims to recapture seven-year high near 97.00

A symmetrical triangle formation after a juggernaut rally hints continuation of an upside. Overlapping 50-EMA and asset’s price indicates short-term consolidation ahead. Aussie bulls will recapture a seven-year high at 96.88 on triangle breakout. The AUD/JPY pair has picked bids around 94.20 after a soft decline from 94.37 in the early Asian session. Broadly, the… Read More »

EUR/USD Price Analysis: Still inside the woods below 1.0200

Volatility contraction escalates on a follow-up Diamond after a consolidation. Overlapping 50-EMA with asset prices is hinting at a sideways move ahead. The shared currency bulls are continuously facing barricades around 1.0200. The EUR/USD pair has displayed a gradual decline and has slipped to near 1.0193 after failing to surpass the critical hurdle of 1.0220… Read More »