All Blog Posts Tagged 'Buy AUD/JPY' (1)

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

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