Tag Archives: AUDJPY

AUD: JPY – Sell Update

The Yen has rallied hard this afternoon. The GBP: JPY sell strategy I posted on Tuesday has hit its target already while yesterday’s Aussie Yen triangle set up is well under way. Here are some thoughts on Aussie: Yen strategy for those following … Continue reading

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AUD: JPY – Swing trader’s triangle

Aussie Yen looks strategically placed in what could be an interesting session for currencies leading into Dr. Bernanke’s testimony before Congress

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AUD: JPY – Sell on trend break

With company and commodity markets being sold last night, the Aussie: Yen chart might be one for swing traders to watch if we do at last get a “risk off” correction in the near future.

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Buy AUD/JPY Ahead of BoJ

The Bank of Japan today conclude’s a two day meeting. Markets are expecting a commitment to a 2% inflation target (up from 1%) and further measures to stimulate the Japanese economy through a weaker Yen. (For a full discussion of … Continue reading

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AUD/JPY – a chart for today’s employment number

It would take a crazy brave blogger to make firm predictions about a volatile number like today’s employment statistics. I’m not sure that’s me. I do think though that today’s figure has the potential to be a decent market mover when it”s released at 11.30am. Aussie … Continue reading

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AUD/JPY – A Tale of Mean Reversions

Trading based on mean reversion is a strategy that is often done at the wrong times and requires a goodly degree of courage even at the right times. Why the courage? Because you are selecting a turning point in the … Continue reading

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AUD/JPY – Get Ready for Action

Rarely would I look at a chart in such a clear ranging pattern and try to create excitement about it. This chart is one of the rare occasions because I think for traders it has some potentially useful characteristics. One … Continue reading

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AUDJPY at a tipping point

When you read the news these days it must make most currency traders feel like they are trying to pick the least worst currency to be a fan of. The trouble that I think that a lot of people face … Continue reading

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AUD:JPY – Pennant Buy

Aussie Yen broke through the resistance of a small triangle formation yesterday. This has the look of a “pennant” type triangle.  Although the resistance line is a little flatter than a text book example, it’s a tight triangle within 2 … Continue reading

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AUD:JPY – Bollinger Band Set Up

This long term rally in AUD: JPY still looks impulsive in nature at this stage. As long as we don’t decline (or overlap) through recent peaks this creates a bias in favour of this major uptrend resuming. Given this scenario, … Continue reading

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