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AUDJPY downtrend has no stopping

Aussie had nice bullish run over Japan for last 2 months till end of year 2015. But once 2016 started and Chinese Manufacturing PMI results released, the same old Chinese stock collapse started to shake the whole currency trading. Obviously it will resume the risk off aversion considering more weakness over commodity currency like Australia. In that aspect, please find further the Technical analysis of AUDJPY below,
Monthly chart:
- This pair is in such a steep downtrend and it is almost caught …
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ijayakumar avatar

Even though Trade balance was better from Chinese, the bearish trend continues and GDP was not that good enough to stop the bearish run either. It seems like Fundamentally Chinese and Aussie currency becoming more weaker and it might stay in that way for few more months at least!

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Other than today's surprise decrease in Interest rate from Japan, bearish trend of Aussie is still intact. Yet, the divergence has grown!

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AUDCHF downtrend may extend further

Aussie had great bullish run over Canada for last 2 months till end of year 2015. But once 2016 started and Chinese Manufacturing PMI results released, the same old Chinese stock collapse started to shake the whole currency trading. Obviously it will resume the risk off aversion considering more weakness over commodity currency like Australia. In that aspect, please find the chart analysis of AUDCHF as follows,
Monthly chart:
- This pair is in such a steep downtrend and weakness arrives just wh…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
ijayakumar avatar

Even though Trade balance was better from Chinese, the bearish trend continues and GDP was not that good enough to stop the bearish run either. It seems like Fundamentally Chinese and Aussie currency becoming more weaker and it might stay in that way for few more months at least!

ijayakumar avatar

As worries of Chinese fundamental still affects the investors, the bearish trend still in place as expected.

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AUDCAD longterm bearish may continue further

Aussie had great bullish run over Canada for last 2 months till end of year 2015. But once 2016 started and Chinese Manufacturing PMI results released, the same old Chinese stock collapse started to shake the whole currency trading. Obviously it will resume the risk off aversion considering more weakness over commodity currency like Australia. In that aspect, please find further the Technical analysis of AUDCAD below,
Monthly chart:
- Chart shows the weakness in exact trend line resistance and …
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
ijayakumar avatar

Even though Trade balance was better from Chinese, the bearish trend continues and GDP was not that good enough to stop the bearish run either. It seems like Fundamentally Chinese and Aussie currency becoming more weaker and it might stay in that way for few more months at least!

ijayakumar avatar

Recent consolidation oil price made CAD to appreciate which helps the bearish trend to contiue

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AUDJPY is promising so far in search of bullish channel

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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EURAUD shows some hawkinshness but still struck in bearish range

EURO had some promising run for past 2 days over ECB's turnaround in not easing too much on the policy. EURO had great run against most of it's pairs. But the EURO still has lot of hurdles to move to gain the real bullish channel. Now, we will see the Technical analysis of this pair as follows,
Monthly chart:
- This pair had strong bearing run for last month starting from the doji which shows the bearish run was so strong.
- Current month had sudden counter spike which is good enough to stop th…
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taimasik avatar
taimasik 28 déc

thanks for the article!

ijayakumar avatar
ijayakumar 28 déc

thanks for your support!

AnastasiyaBauer avatar

good text..

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USDCHF is struck in a range without trend or direction

Swiss franc has given up completely since a month and everyone was expecting that it would continue for long considering the decrease in Euro deposit rate. But to the surprise, it was welcomed by the investors and EURO and FRANC had great run for last 2 days. In line with that please find the technical analysis,
Monthly chart:
- This pair shows low weakness since 2011 mid and since then downward movement was less and occasionally it peeped out (Jan 2015) but formed as a doji which again shows t…
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taimasik avatar
taimasik 28 déc

was interesting to read!

AnastasiyaBauer avatar

smart ideas!

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AUDCHF in a swift move and expected to continue

AUDCHF is on a rampage since the Australian employment data fueled by Swiss franc weakness over Euro cutting down its deposit rate. Along with fundamental, please find the technical analysis of this pair as below,
Monthly chart:
- This pair has jumped out of the double bottom swiftly and no pullback has happened and no major weakness seen so far
- Before the pullback, two consecutive center doji explaining the change in direction of the trend and it has been a strong reverse trend since then an…
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AUDCAD is unstoppable and no immediate resistance is present

Since the employment data release from Australia, it finds more good reason like Internal economy growth, Chinese data revival and many more to take a ferocious bullish run. In line with that, please find the technical analysis of AUDCAD in higher timeframe chart,
Monthly chart:
- This pair has found the support on previous price action support with lot more doji's showing strength in growing up
- Engulfing candle has formed and 2 candles almost closed 7-8 previous candles which shows the colle…
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EURCAD may trade downside till it reaches the trendline

EURO is weakening heavily over it's own internal economy and December easing expectation and possible easing over Interest rates. On the other hand Canada is slowly recovering from it's short recession two months ago. Please find the chart analysis,
Monthly chart:
- This pair shows contraction in price movement which suggests that bull run is expected to be on strong hold until a breakout happens without a doji.
- Recent price action also shows the weakness over the virtual trend line and sudden…
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ijayakumar avatar

As forecasted, Euro is weakening further and Canada is starting to strengthen. If current situation persists, then this pair go even below than the expected value. A pullback is expected in near time to make this forecast live.

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ijayakumar 11 déc

This widening extremely because of oil dip and ECB's stop on more easing. Lets wait for FOMC!

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ijayakumar 17 déc

Hawkish move from Euro and Canada's worry over oil has widen the gap too long!

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EURAUD may consolidate until this year

Fundamentally EURO is falling and Aussie started appreciating over the employment data. Yet, I feel that EURO is poorly rated and hence I expect it to consolidate till this year around 1.46 region and resume it's bullish run from end of the year. Please find my chart analysis,
Monthly chart:

- This chart shows more dojis, when this pair is extending to touch the upside trend line which shows the upside weakness
- Trend lines also slowly forming a reduced price range which suggest a less price …
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ijayakumar avatar

As forecasted, Euro is weakening further and Aussie is appreciating real fast. If current situation persists, then this pair go even below than the expected value. A pullback is expected in near time to make this forecast live.

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ijayakumar 11 déc

Though Aussie produced two consecutive blockbuster Employment data, it failed to hold the momentum ahead of next week FOMC meeting. Hope Euro will be bearish again and Aussie will gain from it!

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ijayakumar 17 déc

Surprise hawkishness from Euro has widen the gap. Although Australia was looking stronger till last week, because of less data it was bearish all the time and it may well continue!

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