AUD/JPY is retreating after hitting 2.5-month highs earlier in the week.
Support can be seen near the 70.00 and 69.00 figures.
AUD/JPY four-hour chart
AUD/JPY is retreating after hitting 2.5-month highs this week. The market is challenging the 70.00 support level while trading above the m
AUD/USD opens 1.7% higher after risk assets soared on investor optimismProgress in developing a COVID-19 vaccine & progress on EU package underpinsAUD and NZD the best performing currencies in refection of upbeat sentimentAUD/USD closed above 100-day MA (0.6507) for first time since Jan 23Suppor
AUD/JPY bulls tiring at the top and the bears taking over.
Fundamentals are stacked against the bulls, for the time being, at least.
AUD/JPY is currently trading at 69.07 within a tight range of 68.94 and 69.12 following a negative mid-week session which has seen the cross lowe the 70 handle an
The Aussie payrolls data had been indicating that around 1 million had already been rendered inactive. Today's official employment and unemployment statistics have been held in high anticipation and the data has finally arrived as follows:
Australian jobs data
Australia April employment -594.3k
AUD/JPY sees two-way business following Australia's jobs report.
While the jobless rate rose less-than-expected, the economy shed record jobs.
The Participation Rate ticked higher, taking the shine off the better-than-expected jobless rate.
AUD/JPY jumped 10 pips to 69.15 only to fall back quic
The risk-sensitive AUD/JPY turned lower from a key resistance range in overnight trading, mirroring the price action on Wall Street where US stock indices gave up earlier gains to close at their lows Tuesday evening.
The AUD/JPY has now for the second time in as many weeks failed to break thru the
AUD/JPY benefits from upbeat prints of Australia’s May month Westpac Consumer Confidence.
A confluence of 50-day EMA and 61.8% Fibonacci retracement offers immediate strong support.
A six-week-old rising trend line adds to the support.
AUD/JPYextends recovery moves from 69.10 to 69.33 after Auss
AUD/JPY bounces off to again confront monthly horizontal resistance.
March high could satisfy buyers above the recent tops.
200-bar SMA offers near-term strong downside support.
AUD/JPY extends its pullback moves from 69.38 to 69.88 amid the initial Asian session on Tuesday. In doing so, the pai
AUD/JPY extends downside break of previous support line after downbeat China inflation, Australian data.
100/200-HMA on the sellers’ radar amid bearish MACD.
Buyers will have multiple upside barriers to justify their strength.
AUD/JPY drops to 69.15 amid the early Tuesday. The pair stretches the
AUD/JPY faces rejection at familiar resistance of 70.17.
JPY draws bids as S&P 500 futures decline on trade jitters.
China's PPI is forecasted to have declined at a faster pace in April.
The selling interest in AUD/JPY is gathering steam with the pair currently trading in the red around 65
Reuters informs markets that the Chinese health authorities reported 15 new asymptomatic cases of COVID-19 for May 11 and 1 new case of COVID-19 for May 11.
Just 1 new coronavirus case for May 11 is down from 17 a day earlier. The data comes from the National Health Commission. The new case was a s
Dollar turned weaker overnight as markets on talks that Fed could eventually go into negative interest rates. Safe haven flows also continued to recede in generally, with NASDAQ extending recent rebound, even though DOW’s rally was still capped. Australian Dollar continues to surge higher, shrugging
Risk sentiments seem to have firm up again today despite rather poor economic data. Major stock indices in Europe are in black while US futures point to higher open. WTI crude oil is also extending recent rebound, with June contract now above 26.2. Commodity currencies are generally higher as led by