AUDJPY: Within a well-defined downward channel

Since the start of the year the currency lost 9.5% however last week fell more than 1.0% and is in a recovery phase since mid-July 2016. 94 more words


AUD/JPY - Sell below 79.28

Rising trend line breached, head and shoulder neckline at 79.25. Bearish break would expose the next rising trend line support.

Not a good sign, since the pair is often viewed as a risk barometer.

#AUDJPY 30Min chart… ANti-Shark bearish?
Harmonic Patterns

Dollar marooned against major currencies ahead of jobs data, more Fed clues

The dollar twisted in tight ranges against its major rivals Tuesday ahead of a string of U.S. data this week that could pack clues for the scope of action by the Federal Reserve’s interest rate-setting panel. 214 more words


AUDJPY Falling Channel 5-5-2016

Hey Traders!!

As today’s trading is coming to a close, I’ve decided to open one last position playing the AUDJPY falling channel. We’ve had two false breakouts to the downside so far. 92 more words

FX Posts

3 May 2016 Trade alerts : Gold longs targeting 1320

The weekly chart of Gold/US shown above shows the 200Week MA hanging around 1320, which is our next intraday targets.

Trade recommendation:

Buy limit 1285, Stop 1275, Target 1320… 31 more words

Market Analysis