All Blog Posts Tagged 'AUDJPY' (30)

$AUDJPY- Channel?

Currently we are at 95.38 in a well built channel to the downside. We are looking for a continuation to the previous support area @ 94.78.  The average daily true range (ATR) for the pair currently is 35 pips.…

Continue

Added by Scott Barkley on August 6, 2014 at 12:38pm — No Comments

$AUDJPY- Make the turn?

Currently we are at 94.52. We are looking for a move through the bear flag and then a continuation to the S4 area @ 93.82. Overall target next week is 92.95.    The average daily true range (ATR) for the pair currently is 55 pips.…

Continue

Added by Scott Barkley on May 30, 2014 at 12:58pm — No Comments

Will AUDJPY Change The Gears?

AUD/JPY's price action during past 2 days is suggesting a possibilities of a short-term reversal. The wide gap in the lows and close/open price is clearly indicating a fear for the downside. However, the pair has been engaged in a very volatile sideways mode for past 15 weeks even if the lows have been getting lower. This has been a classic example of push and pull when both the currencies of the pair have been…

Continue

Added by Himanshu Jain on January 2, 2014 at 4:30am — No Comments

$AUDJPY- Wedge Break?

Currently we are at 94.02 after the break north of the ascending wedge.  This is a 2 part trade opportunity.  1) We are looking for a bullish continuation to the R/5 .03820 Fibo area @ 94.55 and 2) the next target is @ 95.06.  The average daily true range (ATR) for the pair currently is 89 pips.…

Continue

Added by Scott Barkley on November 6, 2013 at 1:57pm — No Comments

$AUDJPY- bounce?

Currently we are at 93.81 after the bounce north.  We are looking for a bullish continuation after the resistance break to the R/5 .0382 Fibo area @ 94.50.  The average daily true range (ATR) for the pair currently is 89 pips.…

Continue

Added by Scott Barkley on November 4, 2013 at 2:00pm — No Comments

BofAML - AUDUSD Looking beyond the next two months

Bank of America Merrill Lynch - "Last week, we recommended buying AUD/USD as a short-term opportunity with the delay in Fed tapering and fiscal risks likely to be supportive for carry trades (Buy now, but don't get carried away). Our flows suggested that longer term investors were still relatively short AUD, adding to the near-term upward pressure on the currency. We recommended buying a 2m 0.9750 call against selling 2x 0.9900 calls. Despite the recent fall in the AUD - in our view, due to…

Continue

Added by Francesc Riverola on October 25, 2013 at 9:03am — No Comments

$AUDJPY– trend wall return?

Currently we are @ 87.86 in a determined march to the top of the trend. A break above the .500 Fibo @87.94 would creat an opportunity to the 88.50 area. The current average (14day) ATR is 121 pips.…

Continue

Added by Scott Barkley on August 29, 2013 at 1:19pm — No Comments

Elliott Wave Overview: S&P Futures, USDJPY and AUDJPY

US stocks reversed lower yesterday during Asian session which interestingly did not impact any other markets. Normally we would see a sell-off also on commodities and XXX/USD pairs as well, but maybe it will happen with a delay. On the S&P Futures we can see nice minor impulsive reversal lower, which we think it’s a first leg of a minimum three waves down. We expect to see fall to 1600 area in coming sessions.

S&P Futures 30min…

Continue

Added by Gregor Horvat on July 2, 2013 at 7:56am — No Comments

JP Morgan - JPY: more signs of a bearish shift

JP Morgan - "The retracement from the May low for USD/JPY suggests a growing risk that the underlying medium term trend is back on track. Note this follows the effective test and hold of the key 93.50/93.90 support zone. This area includes the 38.2% retracement from September low, as well as the 76.4% retracement from the February low. Importantly, a sustained break above the key 99.30/101.30 resistance zone should confirm a deeper extension and closer test of the May highs in line with the…

Continue

Added by Francesc Riverola on July 1, 2013 at 5:38pm — No Comments

Westpac - We look for AUD/JPY to fall back to 94 by end-2013

Westpac - "AUD/JPY is likely to be volatile in coming months. Our base case is for a pullback to around 98-99 over the next month as the BoJ doesn’t announce any new easing measures and investment outflows from Japan remain patchy. By mid-2013 however there is likely to be renewed upward pressure on AUD/JPY, with scope for 107/108, as BoJ easing in full swing encourages Japanese life insurers and others to invest abroad. To reinforce the potential volatility, we look for AUD/JPY to fall back…

Continue

Added by Francesc Riverola on May 1, 2013 at 8:00am — No Comments

Societe Generale - EUR/JPY and AUD/JPY likely to move to the upside soon

Societé Generale - "EUR/JPY and AUD/JPY technical patterns show that the consolidation period is coming to an end, and the pairs are likely to move to the upside soon. The EUR is a bit cheap from a PCA view, suggesting a short covering is possible, but the strongest signal is long AUD/USD and EUR/SEK. Our systems are currently sending softer signals but remain long USD, AUD and NZD and short EUR, GBP, JPY and NOK."

Added by Francesc Riverola on April 7, 2013 at 9:08am — No Comments

JP Morgan - JPY has room to extend its latest gains within its broader 4th wave recovery

JP Morgan - "The JPY has room to extend its latest gains within its broader 4th wave recovery

Given the break below first Fib.-support at 119.41 (minor 38.2 %) in EUR/JPY we see additional downside to 117.25 (38.2 % on higher scale) where the market would offer the perfect risk-reward to bet on a still missing 5th wave advance towards 132.04 (50 %). Similar setups are given in USD/JPY and in various JPY-Crosses where we see good JPY selling opportunities against 89.78 and 88.78/04 (int.…

Continue

Added by Francesc Riverola on March 4, 2013 at 12:01pm — No Comments

JP Morgan - USD/JPY targets have been raised to 94 for Q1, 97 for Q2 and Q3, and 96 for Q4

JP Morgan - "USD/JPY targets have been raised to 94 for Q1, 97 for Q2 and Q3, and 96 for Q4. The main driver of JPY weakness has been an “inflation expectations bubble” spurred by unrealistically high hopes for Abenomics. We expect the JPY will continue to decline in trade-weighted terms, but in a choppy fashion. In particular, investors are likely to be disappointed by the modest outcome we expect from the BoJ’s April 4 meeting (the first under the new Governor and Deputy…

Continue

Added by Francesc Riverola on February 26, 2013 at 11:09am — No Comments

Westpac - Too early to call a top in AUD/JPY

Westpac - "While AUD has looked tired on some crosses lately, USD/JPY resilience suggests it is too early to call a top in AUD/JPY. Potential investor disappointment over the BoJ meeting mid-Feb could see a pullback to 93.00/50 but then the pair should resume its upswing towards 96.50/97.00. By H2 2013 however, the pair is likely to be considerably lower, mostly due to USD/JPY reversal.

(...) AUD/JPY has left behind all major moving averages. Potential technical resistance lies at 96.45…

Continue

Added by Francesc Riverola on January 31, 2013 at 10:44am — No Comments

$AUDJPY- Breaks out!

But is it real? Currently we are at 93.79  and sitting above the .382 Fibo. There is also a day chart trend line here so a false breakout and then a bounce on the Day chart line is possible.  The target area up is the R5@ 95.03 and the Down target is the .618 Fibo @ 92.67. The average daily trading range (ATR) is 111 pips.…

Continue

Added by Scott Barkley on January 22, 2013 at 1:42pm — No Comments

JP Morgan - JPY bearish action to continue in the coming weeks?

JP Morgan - "Medium-term technical view: The bearish action for JPY since November has confirmed a broad-based medium term shift. Importantly, the break of several critical levels against the USD and for the crosses argues for a continuation of this trend in the coming weeks. The highlight of the bearish framework is the extension above the 84.20/85.55 resistance zone (2012/2011 highs) for USD/JPY. The subsequent price action affirmed the medium term base breakout and renewed trending bias.…

Continue

Added by Francesc Riverola on January 21, 2013 at 11:35am — No Comments

$AUDJPY- underway?

Currently we are at 94.14  and breaking into a nice area.  The target area up  is the 5th wave R4@ 94.80 then 94.95. The average daily trading range (ATR) is 98 pips.…

Continue

Added by Scott Barkley on January 17, 2013 at 1:36pm — No Comments

HSBC - Key trade: Buy AUDJPY

HSBC - Key trade: Buy AUD-JPY
Entry: 94.26 Target: 99.30 Stop: 91.70
We see three factors driving AUD-JPY higher in the short-term
1) A risk-on mood bolstered by dovish Fed speakers
2) AUD upside on the back of stronger than expected China data
3) Ongoing JPY weakness in the run-up to BoJ meeting.

Added by Francesc Riverola on January 11, 2013 at 5:29pm — No Comments

$AUDJPY 5th wave top?

Currently we are at 87.44 after taking out our target from yesterday.  We are in the 5th wave and seeking the top.   The first target area is the 1.618 Fibonacci extension @ 87.73.  The big target is the Day chart top @ 88.65.   The average daily trading range (ATR) is 65 pips.…

Continue

Added by Scott Barkley on December 12, 2012 at 2:02pm — No Comments

AUD/JPY: Aussie Hurt by Rate Cut Expectations; Yen Gains on Fiscal Cliff Deadlock

The release of the retail sales data resulted to the decline of the Australian dollar in yesterday's Asian trading session, as the weak data added to speculations that the Reserve Bank of Australian (RBA) would cut interest rates at its policy meeting today. On the other hand, the Samurai gained as talks to avert the fiscal cliff stalled, causing investors to shun risk and seek refuge from safer assets. 



Today, the Aussie is seen to extend losses versus the…

Continue

Added by Aviv Shapiro on December 4, 2012 at 2:49am — No Comments

Members

© 2014   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video