AUDJPY closed bullish at the end of June 2011. At this point in time, price is still stuck in a 400 pips range between the price of 84 to 88. AUDJPY Daily Looking at the day chart, price is potentially forming a bullish flag pattern which is
Read more →Week 23 Rewind: The question was “Has our big triangle been broken?” We now have an answer; a resounding YES! Our beloved EURJPY made a decisive move last week to bring yet more winnings for the brave bears. Amongst the many bears were of course our Tflow®
Read more →In Week 8, AUDJPY dropped about 250 pips from its high. Price then subsequently recovered about half of its loss before the week closed. For Week 9, will price continue to fall or will it continue its long term upmove? Let’s examine the charts for some clue.
Read more →A 5 yrs look back at this currency pair reveals that AUDJPY might be approaching a very strong support and resistance(SAR) zone soon. Zoomed out Day Chart Coming into 2011, it is optimistic to predict that price will at least test this SAR zone before any change
Read more →The Aussie is now at a confluence of resistance levels at around 9530: The previous support line broken now turn resistance 61.8 retracement of swing high-low 30-ma on the daily chart Price shows immediate reaction. Some work might need to be done.
Read more →
