• Key Factors to Watch in AUD Crosses

    We’ve had some important developments in the fundamental backdrop for AUD recently that are worth discussing. These developments are particularly evident in the price action of AUDNZD and AUDJPY. Rate Movements Driving AUDNZD So, looking at AUDNZD we’ve seen a large move higher recently in the wake of the RBNZ unexpectedly cutting rate by .5% […]

  • AUDJPY bounced from support, potential for a further rise!

    AUDJPY bounced off its support at 75.92 where it could potentially rise further to 76.28. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • AUDJPY reversed from resistance, potential drop!

    AUDJPY reversed off its resistance at 74.81 where it could potentially drop further to 73.94. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • AUDJPY reversed from resistance, potential drop!

    AUDJPY reversed off its resistance at 74.76 where it could potentially drop further to 73.94. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • AUDJPY Approaching Resistance, Prepare For A Reversal

    AUDJPY is approaching its resistance at 75.34 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 74.97(horizontal swing low support). Ichimoku cloud is showing bearish cloud where a corresponding reversal is expected Trading CFDs on margin carries high risk. Losses can exceed the […]

  • AUDJPY Approaching Resistance, Prepare For A Reversal

    AUDJPY is approaching its resistance at 76.01 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 75.34(horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk. […]

  • AUDJPY Approaching support, Prepare For a bounce

    AUDJPY is approaching its support at 76.35 (100% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 78.07 (horizontal swing low support,38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses […]

  • AUDJPY Approaching Resistance, Prepare For A Drop

    AUDJPY is approaching its resistance at 78.07 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 76.35 (horizontal swing low support). Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed […]

  • AUDJPY Testing Resistance, Prepare for Reversal

    AUDJPY is testing its resistance at 77.67 (100% Fibonacci extension , 38.2 % Fibonacci retracement , horizontal swing high resistance) where a reversal to its support at 76.80(38.2 % Fibonacci retracement , horizontal swing low support) is expected. Stochastic also shows a corresponding drop is expected. Trading CFDs on margin carries high risk. Losses can […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 79.28 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 78.53 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 78.84 (horizontal pullback resistance, 161.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur pushing price down to our major support at 75.94 (38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 78.89 (horizontal pullback resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 74.74 (50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 78.71 (Horizontal pullback resistance, 61.8%, 100% fibonacci extension, 23.6% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 75.81 (100% fibonacci extension, Elliot wave structure). RSI (55) is also approaching resistance and we might see a corresponding drop […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 82.32 (50% fibonacci retracement , 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 80.65 (Horizontal overlap support, 61.8% fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should […]

  • AUDJPY approaching support, potential bounce!

    AUDJPY is approaching our first support at 79.92 (horizontal overlap support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur pushing price up to our major resistance at 81.48 (61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs […]