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...
Read More

AUDJPY Testing Significant Resistance

AUDJPY Testing Significant Resistance Key Highlights             Aussie Dollar climbed higher during the past session against the Japanese Yen, but facing a major resistance area. There is a bearish trend line formed on the hourly chart of AUDJPY, which is preventing an upside break. Australian Conference Board Australia leading Index released by the Confe...
Read More

AUDJPY Sellers Looking To Take Pair Lower?

AUDJPY Sellers Looking To Take Pair Lower? Key Highlights             Aussie Dollar struggled to break the 90-40-50 resistance area against the Japanese Yen, and formed a topping pattern. There was a support trend line formed on the hourly chart of the AUDJPY pair, which was breached to clear the way for more losses. Australian trade balance released by th...
Read More

AUDJPY – 85.00-40 Is Crucial Juncture for Aussie Dollar

Key Highlights Aussie Dollar after trading lower towards 83.60 against the Japanese Yen managed to gain buyers, and currently making an attempt to correct higher. There is a major resistance area formed around 85.00-40 where sellers might step in. Australian Retail Sales released by the Australian Bureau of Statistics decreased by 0.1% in July 2015, compared with the ex...
Read More

AUDJPY to Remain Under Pressure Around 91.20-40

Key Highlights Australian Dollar remains in a downtrend, and might continue to weaken against the Japanese Yen in the short term. There are many hurdles for buyers around 91.20-40, stalling the upside in the AUDJPY pair. Australian Foreign Exchange Transaction released by the Reserve Bank of Australia came in at 674M, which was lower compared with the last 2,922M. Jap...
Read More

AUDJPY Looks Set To Gain Pace

Key Highlights Aussie Dollar traded higher against the Japanese Yen, and might continue to move in the near term. Japanese New orders, released by the Cabinet Office registered an increase of 16.6% in June 2015 whereas the expectation was of 16.4%. In New Zealand, the Business NZ PMI released by the Business NZ declined to 53.5 from the last revised reading of 55.1. I...
Read More

Aussie Dollar Primed for Gains against Yen

Key Highlights Aussie Dollar traded higher versus the Japanese Yen, and looks set for more gains in the near term. Australian National Australia Bank Business Confidence released during the Asian session came in at 10, up from the previous revised reading of 8. Australian NAB Business conditions were also up from the last revised reading of 6 to 11 in June 2015. Aust...
Read More

AUDJPY at Critical Turning Point

Key Highlights Aussie Dollar is testing an important support area against the Japanese Yen, which if broken might set the AUDJPY pair for more losses. Australian House Price Index released by the Australian Bureau of Statistics posted an increase of 1.6 % in the first quarter of 2015, compared with the forecast of +2.3%. In Japan, the Nomura/JMMA Manufacturing PMI was r...
Read More

AUDJPY Trend Overwhelmingly Negative as Japanese GDP Impresses

Key Highlights Japanese Yen managed to gain bids against a few major currencies, including the Australian Dollar. Japanese Gross Domestic Product released by the Cabinet Office posted an increase of 0.6% in Q1, compared to the forecast of 0.4%. Australian Westpac Consumer Confidence released by the Faculty of Economics and Commerce Melbourne Institute increased by 6.4% ...
Read More

AUDJPY – Australian Dollar Poised for Continued Strength

Key Highlights Australian Dollar enjoyed decent gains against the Japanese Yen, as the Australian Home Loans report exceeded the market expectation. Australian Home Loans released by the Australian Bureau of Statistics posted an increase of 1.6% in April 2015, compared to the forecast of a 1% rise. AUDJPY managed to settle above an important resistance area and looks se...
Read More

12