Barclays Trade Of The Week: Sell AUD/JPY

We expect China’s PMI to remain in contraction territory and anticipate a below-consensus decline in the Caixin PMI (48.0, versus consensus 48.1, previous 48.2). Weaker data from China are likely to weigh on China-exposed currencies such as AUD… 122 more words


AUDJPY: Making a pullback within a downward channel

The currency since the start of year lost 5.0% however last week rallied more than 3.5% however is still in a bearish phase since the beginning of December 2015. 74 more words


4-Hour Setups

Hey Traders!!

I have a couple of 4-Hour setups that I took advantage of at the open. Check out the charts and let’s see how they play out: 28 more words

FX Posts

Current Market Sentiment | AUDJPY Rallied 130 Pips - Jarratt Davis

Current Market Sentiment

The main event for the Asian session was GDP from China which marginally missed estimates at 1.6% for Q4 2015 (seasonally adjusted) and 6.8% for the year. 68 more words


(SHORT in progress) AUDJPY D1 shooting star to rejoin trend


A sharp shooting star appearing few hours before AUD big news. This shooting star helped to complete a multi day bearflag. There is strong indication that the trend is going to resume downwards, and the news at 0830 ( an hour later) may be the catalyst for trend resumption. 18 more words

Forex Chart - Jan 13, 2016: AUDJPY, AUDCAD, GBPCHF


The AUDJPY has been broken through the support level on the daily, just like the chart shows below. Recently, price moved up and retest this old support level (or new resistance level) again. 206 more words

Chart Analysis