{"id":287744,"date":"2024-04-23T00:55:29","date_gmt":"2024-04-22T19:25:29","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=287744"},"modified":"2024-04-23T00:55:29","modified_gmt":"2024-04-22T19:25:29","slug":"climbs-as-buyers-regain-control-target-100-00-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/climbs-as-buyers-regain-control-target-100-00-crypto-news\/","title":{"rendered":"Climbs as buyers regain control, target 100.00 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>AUD\/JPY climbs sharply, approaching the key psychological level of 100.00, buoyed by renewed optimism in global markets.<\/strong><\/li>\n<li><strong>Technical analysis highlights potential resistance at the year-to-date high of 100.81, with further targets at 101.00.<\/strong><\/li>\n<li><strong>Key support levels identified at 99.65 and 99.20, with potential downside risk to the March 28 low at 98.17.<\/strong><\/li>\n<\/ul>\n<p>The AUD\/JPY rallies sharply amid a risk-on impulse as Wall Street resumes its rally amid a light economic docket. At the time of writing, the cross-pair trades at 99.87 clocks gains of more than 0.60%.<\/p>\n<h2 class=\"fxs_headline_medium\">AUD\/JPY Price Analysis: Technical outlook<\/h2>\n<p>The AUD\/JPY witnessed the formation of a \u2018hammer\u2019 on Friday in the daily <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/chart\" data-fxs-autoanchor=\"\">chart<\/a>, suggesting that further upside is seen. However, the pair plunged sharply toward a one-month low of 97.78 last Friday on geopolitical risks. As tensions abated, the Aussie Dollar (AUD) gained traction against the Japanese Yen (JPY).<\/p>\n<p>If AUD\/JPY continues its rally towards 100.00, it could potentially test the current year-to-date (YTD) high at 100.81. Once this level is cleared, the next significant resistance would be at 101.00, providing clear targets for traders to considers.<\/p>\n<p>On the other hand, the AUD\/JPY first support would be the 61.8% Fibo retracement at 99.65. Once cleared, the pair could drop toward the Tenkan-Sen and the Senkou Span A confluence at 99.20, followed by the 99.00 mark. Once surpassed, the next stop would be the March 28 swing low of 98.17.<\/p>\n<h2 class=\"fxs_headline_medium\">AUD\/JPY Price Action \u2013 Daily Chart<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638494096467991972.png\"><\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>AUD\/JPY climbs sharply, approaching the key psychological level of 100.00, buoyed by renewed optimism in global markets. Technical analysis highlights potential resistance at the year-to-date high of 100.81, with further targets at 101.00. Key support levels identified at 99.65 and 99.20, with potential downside risk to the March 28 low at 98.17. The AUD\/JPY rallies [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[1169,201,248,251,246,298,257,276,255,250,252,247,253,249,308,256,254],"class_list":["post-287744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audjpy","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-crosses","tag-cryptocurrency","tag-currencies","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/287744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=287744"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/287744\/revisions"}],"predecessor-version":[{"id":287745,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/287744\/revisions\/287745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/8964"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=287744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=287744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=287744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}