AUD/JPY remains on the back foot for the third consecutive day.
Japan’s Merchandise Trade Balance beat ¥-37.5 B forecast in August.
Sustained trading below 100-hour and 200-hour EMA also favors the sellers.
Bulls need a sustained break of September 10 high to regain controls.
AUD/JPY drops to 76.87
A relatively large diagonal triangle is coming to an end in anticipation. In wave 5, waves a and b are completed. Sub-wave is completing c. In expectation of a downward reversal in corrective wave B, where the first will be an impulse sub-wave (a). The first reference point
AUD/JPY membawa tawaran beli karena hasil rapat RBA menahan diri untuk melakukan hal utama yang negatif sementara data Tiongkok menunjukkan tanda-tanda perbaikan.Hasil rapat RBA mengulangi optimisme hati-hati para pembuat kebijakan dengan tidak meningkatkan target suku bunga.Produksi Industri Tiongk
USD/JPY – The pair was seen to ride on Wednesday’s recovery move as it refreshes an intraday high 10 106.30. Japan’s core machinery orders rose 6.3% in July from the previous month. This data is regarded as an indicator of capital spending for the next 6-9 months. Forecast was at 1.9%. AUD/JPY – The
AUD/JPY trades at 76.46 versus 76.11 in early Asia.
China's factory-gate deflation eased in August but fails to draw bids for the AUD.
Risk-off looks to be capping the upside in the AUD/JPY pair.
AUD/JPY is struggling to draw bids despite signs of easing in factory-gate deflation in China.
AUD/JPY has formed a support structure on both the monthly and daily time frames that open the prospects for a high probability continuation trade.
Swing traders will monitor for entry on the lower time frames, such as the 4-hour chart, looking to a high probability setup with favou
Markets experienced a roller-coaster ride in the first week of September. S&P 500 and NASDAQ extended record runs and it looked like DOW was on the way for a catch-up. Then technology stocks led a steep selloff towards the end of the week and pulled all indices sharply lower. Nevertheless, late
it is in an uptrend so the best choice is looking for long. the chart is approaching the resistance zone which is nicely aligned with the 61.8 FIB RETC of the wave AB. so after confirmation in H4 time frame, it can be expected to have a pull back to the B point.
AUD/JPY keeps losses after key data releases in Australia and China.
Australia's trade surplus narrowed more than expected in July.
China's Caixin Services PMI for August bettered estimates by a big margin.
AUD/JPY is trading in the red near 77.80 following the release of Australia's trade data
AUD/JPY breaks the support line of a short-term descending triangle after Aussie GDP flashed heavy contraction.
Australia’s Q2 GDP slumps the record low of 7.0% versus -0.3% prior.
BOJ Deputy Governor Masazumi Wakatabe also crossed wires and spoke dovish.
“Serious differences” among the US policymak