Thursday market analysis: AUD/USD, AUD/JPY & NZD/JPY

Hello traders,

Some interesting setups are lined up for Thursday, let’s hit them charts:

 

1. AUD/USD

The Australian dollar versus US dollar

A clean breakout below the key support zone can be spotted on the AUD/USD

If the failed triple bottom closes below the key support zone, then we may see price hit NPSZ  before the close of the week

 

 

2. AUD/JPY

The Australian Dollar vs Japanese Yen

Divergence can be spotted on the AUD/JPY, and the 200 ma also aligns with the ascending channel, almost giving it a second support zone.

There is a huge possibility that we may see price revisit NPRZ

 

 

3. NZD/JPY

New Zealand Dollar vs Japanese Yen

Another good opportunity to buy NZD/JPY, as the key support zone aligns with the 200 ma on the 4-hour time frame.

We may most likely see price revisit NPRZ

 

What say you?

 

NOTE:

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