AUDJPY in Area of Significant Resistance

AUDJPY since beginning of June this year is moving north. Recently as a result of these increases market broke resistance at level 85.50. After...

AUDJPY – breaking out of an ascending wedge – 04.05.2020

  The AUDJPY pair has been moving in an upward trend for more than 6 weeks, which quite accurately...

AUD/JPY – towards the support of the ascending wedge – 27.05.2020

The AUD/JPY pair has been moving in an upward, downward trend since early April. The quotations are in an easily recognizable formation - ascending wedge. Today,...

Is the Aussie going to have a good week?

  As I study the charts in preparation for the week of 14 June, the fact that the last week was good for the USD...

Is AUDJPY rolling over? – 12 July, 2021

As the daily chart shows, the pair has not made a higher high since 10 May. The larger candles have been mostly bearish although...

AUDJPY – a chance for continuation of the bullish correction 10.12.2021

Friday, 10 December. Another winter weekend is ahead of us, but before that we have important data at 14:30 - CPI, the level of...

AUDJPY – leaving the Inside Bar may herald drops – 24/04/2019

AUDJPY - Since mid-January, the quotations have been consolidated to the 250p range. The pair broke out from the formation on 12 April, but...

“When Theory Meets Practice” – Week 17 – 27/04/2019

The weekend has arrived.... we can make a small summary of this passing week. Due to the holiday on Monday, this week was a...

Four FX charts: USD weak but not yet breaking, AUDJPY and NOK.

John HardyHead of FX Strategy, SaxoGroup Summary:  The US dollar has traded on the weak side over the...

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