Tags » AUDJPY

#AUDJPY …reversal formation.

AUDJPY

Australian dollar has been climbing up since the day began breaking 83.946 level and it is fast approaching March high at 84.47 (Upper bound of the equidistance channel on the daily chart),  73 more words

FOREX

$AUDJPY: Can an FX pair signify recession?

I wrote this last June:

Source

AUDJPY: Are We Heading For An Extended Period Of Risk Off Behavior?

Jun. 15, 2017 3:45 PM

Summary

• AUDJPY, if it hits the target I have outlined, signifies that we would likely be in recession.

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Economics

AUDJPY: Holding at 61.8 Fibonacci retracement

Since the beginning of the year, the currency pair gained more than 0.5% but last week remained flat with a minor gain of 0.1% and is in a distribution phase since mid-November. 128 more words

Analysis