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
AUD/JPY paints the clearest picture of the broad rally in yen crosses. The pair founds support on August 28 and has ripped higher. This week alone, the pair has shot up 370 pips. A key catalyst has been China. This … Continue reading
AUDUSD posting new session highs of 0.9042 as some stops triggered through 0.9035 AUDJPY 0.8995 Falling back a little as I type Like some of the comments I do think the rally should be limited given the references to “further … Continue reading
AUD/JPY is a classic risk trade/carry trade. It does well in the good times and takes a pistol whipping in the bad times. This week, AUD/JPY fell 2.05% or 170 pips with all the declines coming during Tuesday’s panic trade. … Continue reading
I look at the last two days of trading together. Yesterday was a major risk-off theme on Syria and today the market took a calmer second look and unwound some of the moves. Stripping out the noise and looking at … Continue reading
I’m not hearing anything to explain why but I’m on the hunt for info AUDUSD down to 0.9173 from 0.9210 when I sat down Buyers seen at 0.9150. Sellers lining up at 0.9220 GBPAUD higher at 1.6880 AUDJPY holding up … Continue reading
The Nikkei fall-out continues to knock-on into all the major pairs USDJPY lower at 96.80 EURJPY128.60 dragging EURUSD down to 1.3276 GBPJPY 148.20 putting afurther lid on cable which is currently testing 1.5300 support AUDJPY down to 0.8655 driving AUDUSD … Continue reading
USDJPY below 97.00 again as softer Nikkei continues to influence Currently 96.94 from 96.89 lows GBPJPY 148.60 EURJPY trying to hold 129.00 after 128.96 lows AUDJPY 86.88