AUD/JPY is up nearly 100 pips and is the best performer today, along with GBP/JPY. A six-week extension on the debt ceiling with no progress on reopening the government isn’t enough good news to sustain a rally in this pair. … Continue reading
AUD/JPY is the dog in today’s trading and it’s not hard to understand why, at least from a technical perspective. AUD/JPY is a showing a classic head and shoulders top. The measured target of the pattern is 89.00 and the … Continue reading
For all the USD selling elsewhere this pair is reluctant to give up too much ground Yen pair buying is part of it but I’m noting a reluctance to go too far lower 97.95 low post has rapidly rallied to … Continue reading
Fresh sellers just now on this pair which triggered the fall in both components Currently on session lows around 91.79 AUDUSD lower at 0.9243 USDJPY bouncing to 99.32 from the strong buying interest at 99.20 The M1 chart speaks for … Continue reading
The 0.9320/30 area is still providing good resistance and we need to break here for a decent push higher. I have mentioned this level in several posts . The 0.9343 high from the 26 June is the ultimate target but … Continue reading
Party animals my arse. I was expecting a full on 90′s rave up in a field type blast through the levels but all we’ve had so far was afternoon tea and cucumber sandwiches at the Savoy. Now it looks like … Continue reading
It’s still finding it tough to make a proper break and the high so far is 0.9305. AUD/JPY breaks the 100 dma at 93.20 to a high of 93.35, but likewise is struggling to push on. EUR/AUD is back down … Continue reading
Aussie looks prime to blow against the dollar and yen. My Spidey sense is tingling that if these levels go we’re possibly going to put in some decent miles. Just my thoughts.
Falls to a low of 1.4245 as AUD/JPY pushes up further through the July highs and into the 100 dma at 93.20.
We managed to break through the 0.9220/30 and made it all the way up to the strong tech resistance at 0.9287. By the sound of things the real sticky stuff was at 0.9240 and this has now become support, as … Continue reading