AUDJPY – Aussie Dollar Awaits RBA For Next Move

AUDJPY – Aussie Dollar Awaits RBA For Next Move Key Highlights Aussie dollar managed to recover against the Japanese yen, but facing a major resistance on the upside. The AUDJPY pair is currently forming a breakout structure on the 4-hours chart, which may spark the next move in the near term. Australian trade balance released by the Australian Bureau of Statistic...
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AUDJPY – Australia’s Employment Report Aftermath & Its Impact

AUDJPY – Australia’s Employment Report Aftermath & Its Impact Key Highlights Aussie dollar managed to recover during the past couple of sessions vs the Japanese yen. However, the AUDJPY pair still remains below a couple of important resistance levels, which may continue to act as a hurdle. Australian Employment Change released by the Australian Bureau of Sta...
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AUDJPY – Risk of Further Losses In Aussie Dollar Vs Yen

AUDJPY - Risk of Further Losses In Aussie Dollar Vs Yen Key Highlights Aussie Dollar recently traded higher vs the Japanese yen, but the real question is whether it can continue to gain bids. There was a bearish trend line formed on the hourly chart of the AUDJPY pair, which was cleared by the bulls during the upside move. Australian Building Permits released by the...
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AUDJPY – 80.00 Represents Major Resistance For Aussie Dollar

AUDJPY – 80.00 Represents Major Resistance For Aussie Dollar Key Highlights Aussie Dollar managed to find bids recently near 78.60 vs the Japanese yen and traded higher. However, the AUDJPY pair is facing resistance near a bearish trend line formed on the hourly chart. In Australia, the minutes of the Reserve Bank of Australia meetings were published, which pushed...
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AUDJPY – Start of New Downtrend In Aussie Dollar Vs Yen?

AUDJPY – Start of New Downtrend In Aussie Dollar Vs Yen? Key Highlights             Aussie Dollar was stumped yesterday against the Japanese Yen, as the latter one rocketed higher against a basket of currencies. The Japanese yen surge was due to the market expectation not meeting from the Bank of Japan’s recent monetary policy decision. There is a bull...
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AUDJPY – Aussie Dollar To Decline Post Employment Report

AUDJPY – Aussie Dollar To Decline Post Employment Report? Key Highlights             Aussie Dollar after solid gains against the Japanese yen found sellers near the 83.95 area. There are a couple of bullish trend lines formed on the hourly chart of AUDJPY, and out of which one was broken. In Australia, the Employment Change released by the Australian Bur...
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AUDJPY – Aussie Dollar To Decline Further Vs Japanese Yen?

AUDJPY – Aussie Dollar To Decline Further Vs Japanese Yen? Key Highlights             Aussie Dollar tumbled against the Japanese Yen, and it looks like it may continue to face offers. There was a bullish trend line formed on the 4-hours chart of the AUDJPY pair, which was broken recently to open the doors for more losses. Today, the Australia, the trade ...
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AUDJPY – Can Aussie Dollar Continue Higher?

AUDJPY – Can Aussie Dollar Continue Higher? Key Highlights             Australian Dollar is trading higher against the Japanese Yen, and may continue to trade with a positive tone. There is a bullish trend line formed on the hourly chart of the AUDJPY pair, which acted as a support and pushed the pair back up. In Japan, the Merchandise Trade Balance Tota...
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AUDJPY – Is This Break Real?

AUDJPY – Is This Break Real? Key Highlights             Aussie Dollar after climbing towards the 83.80 levels found resistance and started to move down against the Japanese Yen. There was a bullish trend line formed on the hourly chart of the AUDJPY pair, which was breached during the Asian session. Today, the Australian Retail Sales released by the Aust...
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AUDJPY Slow and Steady Downtrend

AUDJPY Slow and Steady Downtrend Key Highlights             Aussie Dollar continued to weaken not only against the US Dollar but also against the Japanese Yen. AUDJPY retested a broken trend line on two occasions, but failed to overtake it. Australian Home Loans released by the Australian Bureau of Statistics posted a reading of +1.8% in November 2015, com...
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