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AUDJPY is promising so far in search of bullish channel

ijayakumar Publicado 4 Dic como análisis en AUD/JPY, Objetivo: 91.3500, Fecha: 1 de Febrero, 12:00 GMT  en #Technical analysis #AUD/JPY #Audjpy #Trend Line
Australia had a bad time along with declining Chinese trend and economic breakdown. Once Chinese economy started finding its way, Australian economy started developing in good pace along with promising employment data. On the other hand, Japan is struggling to achieve the inflation target even though unemployment is very low now, which shows that there are some fundamental weakness over wage and salary hikes. In line with that, please find the Technical analysis of AUDJPY as below,
Monthly chart…
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AUDJPY is expected to breakout upside

ijayakumar Publicado 9 Nov como análisis en AUD/JPY, Objetivo: 89.7000, Fecha: 1 de Enero, 12:00 GMT  en #Technical analysis #AUD/JPY #Audjpy #Price Action #Candlesticks
Australian dollar has largely hit by the Chinese economic crisis for last 2 quarters and also the internal economy and Inflation. As things are slowly recovering back, I expect this pair to go strength to strength but slowly. Please find my analysis on charts.
Weekly chart:
 - As shown in the chart, because of high selling pressure during last 2 months, long term support level 86 has been breached by this pair.
- But things are looking better at the moment, as this pair again started to break up…
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Puesto que usted no está conectado, no sabemos su idioma, pero suponemos que es inglés
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3 Comentarios
ijayakumar avatar
ijayakumar 20 Nov

Aussie dollar has started it's bull run against all the pairs more than what has been expected. Hence it may seem like this pair may finish little above the expected value unless if Chinese deteriorates again.

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ijayakumar 11 Dic

Aussie is in little consolidation stage now after producing two consecutive blockbuster employment report. We may expect a bullish Aussie again, post FOMC meeting next week!

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ijayakumar 17 Dic

Aussie has completely gone down and hence reaching the set target may not happen if Aussie continue to be dull!

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