AUD/JPY (Australian Dollar to Yen) Forecast, Page 1

Dear Traders,The AUD/JPY has formed a bearish pattern on MTF. We should see a downward move if the price stays below 73.25The AUD/JPY is supported around 72.50 but the latest RBA move failed to instill bullish impulse in the price. The cut was expected and the RBA cut the rate

Dear Traders,The AUD/JPY has a trend change and we could see the W H3 as the first target. However, the scope of a full move is also a bit higher.72.60-90 is the POC zone where we should the price to bounce if it gets a retracement. It is supported by

I use this information as a more holistic overview for planning my trading week ahead. In the spreadsheet, I’ve looked at what’s priced into rates markets, both the percentage chance of a cut for the upcoming September meetings and the number of basis points (bp) priced over the coming 12-months

Overnight, traders received the data from the Australian job market.

Let’s understand that trade conflicts are the catalyst for the real issue; slower global growth leading to stagflation and recessionary conditions. With the weekend news flow centring again on trade, where a Chinese white paper attributed the blame on relations to Trump, amid Chinese authorities investigating FedEx, it all suggests

Aside from a punchy increase in US consumer confidence, I am not sure we heard news in European/US that we hadn’t already heard and interpreted in Asia yesterday. However, the US reaction was certainly vastly different from how Asia traded yesterday and there has been a clear bid in safe-haven

The Australian Dollar now has the dubious honour of being the worst-performing G10 currency so far this month, in the leadup to its federal elections on May 18.

Dear Traders,The AUD/JPY has reached the final M L5 camarilla level so we might see a bounce in the form of a counter trend move–>Trade War between the US and China could also result in a lot of positive trade to Australia, as China may stop purchasing US agricultural products

A wave of risk aversion engulfed global equity and foreign exchange markets on Thursday after Donald Trump accused China of ‘breaking the deal’ during trade talks.

Today, I have for you three pairs with Japanese Yen. This pair is considered as a safe haven asset, so in theory, should gain, when the sentiment on the market is bearish.

Dear Traders,The AUD currency basket acts exactly as planned. Today we have a possible upmove continuation in the AUD/JPY.Due to a higher demand in iron ore ( Australia exports to China) the AUD currency is getting stronger. The AUD/JPY POC zone is 80.05-20 and a pullback within the zone could

Global risk sentiment turned positive on Friday afternoon as mixed trade data from China eased concerns over slowing global growth. With investors back in the mood for riskier assets, the Japanese Yen which is considered as a safe-haven currency tumbled across the board.

Trading on the market recently is pretty tough. The price is not moving in trends, often changes direction and creates many false breakouts.

Overnight, AUD received a heavy blow from the fundamental side of the trading floor.

We start with the two occasions on the AUD but the thing is that one is bullish and the other one is bearish.

USD/JPYUSDJPY’s pullback from 109.10-20 is less likely to signal the pair’s weakness unless a sustained drop beneath three-week-old upward slanting trend-line, at 108.40 now, takes place on the four-hour chart. If the pair slip under the 108.40, the 107.70, the 107.00 and the 106.70 support-levels may gain sellers’ attention. Meanwhile,

AUD/USDAUDUSD needs to close beyond 50-day & 100-day SMA confluence-region of 0.7195-80 in order to aim for 0.7240 and the 0.7300 resistances; however, the 0.7330-40 area, comprising 200-day SMA & nine-month old descending trend-line, can restrict the pair’s upside past-0.7300. In case prices continue rallying past-0.7340, the 0.7400, the 0.7440

USD/JPYAlthough USDJPY’s U-turn from 100-day SMA & support-line of short-term symmetrical triangle helped it cross 50-day SMA, the triangle-resistance, at 114.00, could challenge the pair’s strength. Given the buyers’ ability to surpass 114.00 barrier on a daily closing basis, the 114.55 and the 115.00 might entertain them before pleasing with

USD/JPYFollowing its pullback from 112.30, the USDJPY is again preparing to conquer 114.05-10 horizontal-resistance; however, a closing break above the same is required for the pair to aim for 114.55 & 114.75 numbers to north. In case prices manage to provide a D1 close beyond 114.75, the 61.8% FE level

One of the best looking setups among major pairs can be seen on the AUDUSD, where we do have a beautiful reversal pattern and according to the price action rules, we should soon see the further rise. We are talking here about the setup on the daily chart, which only