Forex News: AUD/JPY in Pennant Formation; Bearish Move Ahead?
August 18, 2010 10:43 am by Greg HoldenThe ascendant Japanese yen has continued to pull the AUD/JPY pair higher, but we are beginning to see a long-term bearish formation building. Following the sharp drop from early May, the pair has continued to fluctuate within a steadily climbing, ...
Potential Reversal for AUD/JPY
March 15, 2010 11:30 am by Anton EljwizatThe volatility of the AUD/JPY pair continues to be affected by the action in the forex market. The last three weeks has seen much bullish strength in the AUD/JPY pair. However, as I demonstrate below, it seems that the pair’s ...
Australian Employment Rises 4th Consecutive Month
January 14, 2010 12:32 pm by Natalie R.The Australian Dollar reached a high of 93.27 U.S in today’s early trading, its strongest level in two months after the release of the Employment Data which showed employers added jobs for a fourth consecutive month. Australian employers added 35,200 ...
AUD/JPY on Course for Bearish Correction
December 11, 2009 10:28 pm by Anton EljwizatThe volatile of the AUD/JPY pair continues to be affected by the volatile forex market. The last week has seen a lot of bullish strength in the AUD/JPY pair. However, as I demonstrated below, it seems that the pair’s bullish ...
AUD and JPY Performance Review
August 18, 2009 11:25 pm by Natalie R.The Australian Dollar rose from near its lowest level in more than two weeks versus the Yen following a rebound in risk appetite as stock markets rallied. Assisting the AUD further were speculations that the currency’s sell-off the past two ...
AUD JPY Downward Correction Taking Place
July 15, 2009 6:35 pm by Anton Eljwizat• The chart below is the 4-hour chart for AUD/JPY by ForexYard. • The indicators used are the Slow Stochastic and RSI.
The Aussie Dollar: Is the Bottom Dropping Out?
February 23, 2009 7:33 pm by Natalie R.Asian Market Forecast, February 2009 JPY: The Japanese currency dropped to a six-week low against the Dollar on Wednesday on growing concerns about a steep contraction in Japan's economy and after the Obama administration released a plan to tackle the U.S. housing ...
