Australian Dollar, AUD/USD, AUD/JPY – Near-Term Technical Update: Recommended by Daniel Dubrovsky How to Trade AUD/USD AUD/USD – Daily Chart Recent performance in the Australian Dollar against the US Dollar and Japanese Yen is setting up an interesting technical landscape. On the daily chart below, AUD/USD surged on Thursday, leaving behind a Bullish Engulfing candlestick
US Dollar, Euro, Australian Dollar vs. Japanese Yen – Price Action: USD/JPY’s gains have slowed recently, but the uptrend isn’t over. EUR/JPY and AUD/JPY’s uptrend remains intact. What are the key levels to watch in select JPY crosses? Recommended by Manish Jaradi Top Trading Lessons The status quo by the Bank of Japan (BOJ) at
Number of traders net-short has increased by 9.13% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI AUD/JPY BEARISH 50.65% 49.35% 15.92% Daily 22.63% Weekly -2.58% Daily 9.13% Weekly 5.99% Daily 15.58% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
Australian Dollar, AUD/USD, AUD/JPY, Symmetrical Triangle – Technical Update: Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar is hovering just above key support against the US Dollar, which is the 78.6% Fibonacci retracement level at 0.6382. Meanwhile, as prices struggled to break lower, positive RSI divergence emerged, showing that downside momentum
Share: AUD/JPY recovers from the intraday losses amid BoJ’s hawkish comments. BoJ Governor Kazuo Ueda suggested the odds of interest rate hikes in the future. Investors turn cautious as China’s weak demand weakens the Australian Dollar (AUD). AUD/JPY trades lower around 94.00 during the Asian session on Monday, trimming the intraday losses. However,
Australian Dollar, AUD/USD, AUD/JPY, Symmetrical Triangle – Technical Update: Australian Dollar remains pressured after recent losses AUD/USD closed at its lowest since early November Meanwhile, AUD/JPY is facing a Symmetrical Triangle Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar closed at its weakest against the US Dollar since early November, opening
Number of traders net-short has decreased by 21.05% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI AUD/JPY BEARISH 50.63% 49.37% -5.66% Daily 4.17% Weekly -15.95% Daily -21.05% Weekly -11.04% Daily -10.02% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
Australian Dollar Vs US Dollar, Australia Monthly CPI – Talking Points: AUD fell after Australia monthly CPI eased more than expected. AUD/USD has pulled back from key resistance. What’s next for AUD/USD and AUD/JPY? Recommended by Manish Jaradi Improve your trading with IG Client Sentiment Data The Australian dollar fell after consumer price inflation moderated
Australian Dollar Vs US Dollar, New Zealand Dollar, Japanese Yen – Price Setups: Tentative signs of stabilization in AUD/USD’s recent slide. AUD/NZD has rebounded from key support; AUD/JPY is flirting with key resistance. What is the outlook for key AUD crosses? Recommended by Manish Jaradi Trading Forex News: The Strategy The Australian dollar is looking
Market Recap Initial gains in Wall Street reversed sharply overnight, with Nvidia’s stellar results hit with a sell-the-news market reaction, as market participants de-risk ahead of Fed Chair Jerome Powell’s Jackson Hole speech later tonight. The VIX was up 7.6% as a reflection of increased hedging activities, while market sentiments (from the CNN Fear and
