Hello. As the long-term uptrend line is broken and the price is falling in a downtrend So any climb inside this channel is a good opportunity for fast and sharp falls
Australian Dollar/Yen Japanese show a gains that fundamentally Australian Economy is into the recovery. So, we hope that AUD formed a ascendent triangle to continue up!!! Right now, in H4 timefrmae we see a 3 candlestick of indeciison and that mean that market could be to make a reversal to maybe down 44 pips in average to formed this accumulation zone!!!
In...
We can see that the AUDJPY pair is making effort to move HH. A breakout upward might be promising after the forming of ascending wedges. Do wait for a pull back after the breakout before placing your trade. A formation is just a formation till it breakout (Please always remember that!). I will continue to monitor this pair, in the event of breakout...
Situazione interessante su questo cross valutario, aspettiamoci il rimbalzo sulla trend line oppure la rottura del supporto! Scenario che sarebbe completamente invalidato se il prezzo rompesse la resistenza dinamica!
Analysis And Research
We Expect that if Aud/jpy crosses lower trend line then we will be happy to go short from that point unless right now it is in consolidation zone and lots of noise we can see onto this zone .
We will let it pass through all noise then we are gonna short it straight towards take profits @ Flag.
Even though the australian dollar gained considerable strength against almost all currencies, fundamentally speaking, the RBA made a remark about the australian dollar to be preferred trading around 0.65 against the USD. Technically AUDJPY even though BoJ keeps dovish stances, is at an important confluence point. Trades taken at this point may carry a danger of...
