AUD/JPY Technical Analysis: looking for more after claiming 80.50

The AUD/JPY is bouncing off of the 80.00 major handle after marking in a 30-month low at 79.70. Risk appetite is cautiously improving for Friday's action as US-China negotiations on trade are set to resume again after months of deadlock. The Aussie is down nearly 10% against the Japenes ...

AUD/JPY struggling to hold 80.00 ahead of Aussie jobs

The AUD/JPY is tensing ahead of Aussie and Japanese data. Japan's Trade Balance is expected to contract, while Aussie jobs are forecast to moderate. The AUD/JPY is trading into the 80.00 major handle ahead of Australia's latest Unemployment Rate figures, while Yen traders will b ...

AUD/JPY Technical Analysis: Downside calling

The AUD/JPY hourly chart shows a downside break of the ascending triangle -  a bearish continuation pattern - which indicates a continuation of the sell-off from the recent high of 82.65. Accordingly, the pair looks set to re-test 80.00 (psychological level). The ascending triangl ...

AUD/JPY cycling around 80.50 as bulls await inspiration

The Aussie sees little reason to run against the JPY as traders await meaningful data. With market tensions remaining close to the surface, traders are keeping one foot in the Yen door. The AUD/JPY is continuing to cycle around the 80.50 for this week after broader markets halted their fligh ...

AUD/JPY Technical Analysis:bulls hoping to retake 81.00

The Aussie has plunged against the safe-haven Yen as risk aversion takes over broader markets. AUD traders are looking towards Tuesday's China data dump, hoping for a pick-up to start rebuying. Current market tensions have seen the AUD/JPY dip into a new low for 2018. AUD/JPY Chart ...

AUD/JPY Technical Analysis: Bears eye deeper losses after 21-month low

The AUD/JPY fell to 80.03 on Monday - the lowest level since November 2016 - and could suffer deeper losses over the next few weeks. Today's close will likely confirm a downside break of the 4.5-month-long bear flag - a bearish continuation pattern - which indicates the sell-off from th ...

AUD/JPY unmoved just above 81.50 following bland RBA Policy Statement

The Aussie remains uninspired by the RBA's Monetary Policy Statement. With the JPY on the rise from positive GDP figures, the AUD/JPY looks set for a third straight day of declines. The AUD/JPY is trading into 81.70 following the Reserve Bank of Australia's (RBA) Statement of Monetar ...

AUD/JPY finds the brakes just above 82.00

Aussie halts risk aversion-fueled decline as China numbers beat forecasts. AUD traders will now be buckling down for Friday's RBA showing. The AUD/JPY is trading into 82.20 as broader market sentiment goes risk-off for Thursday, but a positive spin in the China CPI and PPI readings ar ...

AUD/JPY grinding above 82.50 ahead of China trade numbers

Aussie traders are bracing for China trade data early today. The safe-haven Yen remains a popular choice across the broader market. The AUD/JPY is trading on the bullish side heading through Wednesday's early session, testing into 82.65 after catching some lift in Tuesday's markets ...

Morgan Stanley goes short on AUD/JPY

Analysts at Morgan Stanley are suggesting a sell  bias on the AUD/JPY, targeting 79.00 from the 82.30 region, while their recommendation for a stop loss puts it near 83.30. Key quotes "We recommend selling AUDJPY this week.  The RBA is expected the sound relatively dovish in it ...

AUD/JPY push towards 82.00 could give way

The Aussie remains on-balance against the safe-haven Yen. Aussie rate statement due today is unlikely to drive much action. The AUD/JPY is trading near 82.25 after Monday saw tight consolidation as markets find little reason to bid up the Aussie, but risk aversion is also remaining subdued ...

AUD/JPY looking to springboard off of support from 82.00

The Aussie is trading thinly against the JPY as the new week sees traders keeping an eye out for the RBA's latest rate statement. Broader market confidence remains measured as the US-China trade conflict keeps risk flows constantly near the surface, propping the Yen up against other G2 ...

AUD/JPY hanging just above 82.00 as bulls slump

The Aussie is treading bearishly ahead of Australian Retail Sales. Disappointing trade figures for the AUD has seen the AUD/JPY fall back into recent lows. The AUD/JPY is trading just above the 82.00 technical barrier ahead of Australian Retail Sales figures. The Aussie touched into a two-wee ...

Central Banks trifecta paves a path to the data – TDS

Analysts at TD Securities explain that the Fed was a non-event but the threat of tariffs is back on the radar screen, with Trump believing he is winning the trade war, this game of tit-for-tat should play out until the midterms, if not longer. Key Quotes “This backdrop comes with signs o ...