MUFG trade of the week: AUD/JPY to keep on falling
MUFG recommends selling AUD/JPY in a new trade this week and also re-emphasizes its call for buying EUR/GBP. In AUD/JPY, they recommend selling at spot at 89.50 with a target…
Read More »Japanese Yen, US Dollar Gain Amid Inflation Woes. Will USD/JPY, AUD/JPY Reverse?
The Japanese Yen and US Dollar gained as inflation woes dampened risk appetite. Soft Snap Inc. and Intel earnings weakened the Nasdaq 100. Are USD/JPY and AUD/JPY reversing?
Read More »AUD/JPY Price Analysis: Buyers combat 20 and 50-SMA crossover near 80.55
AUD/JPY edges mildly higher in the Asian trading hours on Friday morning. The pair gained in the previous session, which constitutes a rise of more th
Read More »AUD/JPY Price Analysis: Bulls consolidate below 50-day SMA near 84.45
The AUD/JPY cross-currency pair extends the previous day’s decline on Thursday. The pair hovers in a close trading band while swinging back and forth.
Read More »AUD/JPY consolidates near 84.60 amid risk-off mood
The AUD/JPY cross-currency pair seesaws in the Asian trading session on Wednesday. The cross confides in a very narrow trading band. At the time of wr
Read More »Australian Dollar Eyes RBA Lowe Speech, AUD/JPY at Technical Juncture
Australian Dollar strength is attempting to search out new price levels as the RBA maintains a dovish posture. Meanwhile, AUD/JPY is attempting to clear a Descending Triangle pattern.
Read More »AUD/JPY Price Analysis: Eases to 80.00 ahead of RBA
AUD/JPY drops to 80.03 during its latest pullback from an intraday high near 80.10 amid Tuesday’s Asian session. In doing so, the quote keeps its upsi
Read More »AUD/JPY, AUD/NZD Turn Higher on Wall Street Optimism
US equity markets bounced back on Thursday after a sharp selloff the day prior. Asia-Pacific trading is set to extend higher, with the Australian Dollar benefiting, but potential headwinds may…
Read More »Japanese Yen Outlook: AUD/JPY, NZD/JPY Drop as Falling US Yields Lift Yen
The Australian and New Zealand Dollars fell against the Japanese Yen as traders took a step back from positive vaccine headlines. A drop lower in U.S. Treasury yields may help…
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