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AUDJPY Fundamental Analysis – September 2nd 2019Here are the key factors to keep in mind today for Australian Dollar trades: Australian AiG Performance of Manufacturing Index: The Australian AiG Performance of Manufacturing Index for August was reported at 53.1. Forex traders can compare this to the Australian AiG Performance of Manufacturing Index for July which was reported at 51.3. Australian CBA Manufacturing PMI: The Final Australian CBA Manufacturing PMI for August was reported at 50.9. Economists predicted a figure of 51.4. Forex traders can compare this to the previous Australian CBA Manufacturing PMI for August which was reported at 51.6. Australian CoreLogic House Prices: Australian CoreLogic House Prices for August increased by 1.0% monthly. Forex traders can compare this to Australian CoreLogic House Prices for July which increased by 0.1% monthly. Australian TD Securities Inflation: Australian TD Securities Inflation for August was reported flat at 0.0% monthly and increased by 1.4% annualized. Forex traders can compare this to Australian TD Securities Inflation for July which increased by 0.3% monthly and by 1.8% annualized. Australian Consumer Inflation Expectations: Australian Consumer Inflation Expectations for September increased by 3.2% annualized. Forex traders can compare this to Australian Consumer Inflation Expectations for August which increased by 3.5% annualized. Australian Inventories and Company Operating Profits: Australian Inventories for the second-quarter decreased by 0.9% quarterly and Australian Company Operating Profits increased by 4.5% quarterly. Economists predicted an increase of 0.2% and of 2.0%. Forex traders can compare this to Australian Inventories for the first-quarter which increased by 0.7% quarterly and to Australian Company Operating Profits which increased by 1.7% quarterly. Company Pre-Tax Profits for the second-quarter decreased by 0.3% quarterly. Forex traders can compare this to Company Pre-Tax Profits for the first-quarter which increased by 2.0% quarterly. Australian ANZ Job Advertisements: Australian ANZ Job Advertisements for August decreased by 2.8% monthly. Forex traders can compare this to Australian ANZ Job Advertisements for July which increased by 0.8% monthly. Chinese Caixin Manufacturing PMI: The Chinese Caixin Manufacturing PMI for August was reported at 50.4. Economists predicted a figure of 49.8. Forex traders can compare this to the Chinese Caixin Manufacturing PMI for July which was reported at 49.9. Australian RBA Commodity Index: The Australian RBA Commodity Index for August increased by 6.2% annualized. Forex traders can compare this to the Australian RBA Commodity Index for July which increased by 15.0% annualized. Here are the key factors to keep in mind today for Japanese Yen trades: Japanese Company Profits and Japanese Company Sales: Japanese Company Profits for the second-quarter decreased by 12.0% annualized and Japanese Company Sales increased by 0.4% annualized. Forex traders can compare this to Japanese Company Profits for the first-quarter which increased by 10.3% annualized and to Japanese Company Sales which increased by 3.0% annualized. Japanese Capital Spending for the second-quarter increased by 1.9% annualized and Japanese Capital Spending excluding Software decreased by 1.7% annualized. Forex traders can compare this to Japanese Capital Spending for the first-quarter which increased by 6.1% annualized and to Japanese Capital Spending excluding Software which increased by 6.9% annualized. Japanese Manufacturing PMI: The Final Japanese Manufacturing PMI for August was reported at 49.3. Forex traders can compare this to the previous Japanese Manufacturing PMI August which was reported at 49.5. Japanese Vehicle Sales: Japanese Vehicle Sales for August increased by 4.0% annualized. Forex traders can compare this to Japanese Vehicle Sales for July which increased by 6.7% annualized. Should price action for the AUDJPY remain inside the or breakout above the 71.100 to 71.800 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 71.450 Take Profit Zone: 73.900– 74.400 Stop Loss Level: 70.750 Should price action for the AUDJPY breakdown below 71.100 the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 70.750 Take Profit Zone: 69.600 – 69.950 Stop Loss Level: 71.100
by PaxForex
FUNDAMENTAL FACTORS FOR THE AUDJPYHere is the key factor to keep in mind today for Australian Dollar trades: Australian CBA Manufacturing PMI, CBA Services PMI and CBA Composite PMI: The Preliminary Australian Manufacturing PMI for August was reported at 51.3. Forex traders can compare this to the Australian CBA Manufacturing PMI for July which was reported at 51.6.The Preliminary Australian CBA Services PMI for August was reported at 49.2. Forex traders can compare this to the Australian CBA Services PMI for July which was reported at 52.3. The Preliminary Australian CBA Composite PMI for August was reported at 49.5. Forex traders can compare this to the Australian CBA Composite PMI for for July which was reported at 52.1. Here are the key factors to keep in mind today for Japanese Yen trades: Japanese Buying Foreign Bonds and Japanese Buying Foreign Stocks/Foreign Buying Japanese Bonds and Foreigners Buying Japanese Stocks: Japanese Buying Foreign Bonds for the period ending August 16th was reported at ¥499.7B and Japanese Buying Foreign Stocks was reported at -¥105.6B. Forex traders can compare this to Japanese Buying Foreign Bonds for the period ending August 9th which was reported at ¥175.8B and to Japanese Buying Foreign Stocks which was reported at ¥62.0B. Foreign Buying Japanese Bonds for the period ending August 16th was reported at -¥52.1B and Foreigners Buying Japanese Stocks was reported at -¥359.6B. Forex traders can compare this to Foreign Buying Japanese Bonds for the period ending August 9th which was reported at ¥545.5B and to Foreigners Buying Japanese Stocks which was reported at -¥187.1B. Japanese Nikkei Manufacturing PMI: The Preliminary Japanese Nikkei Manufacturing PMI for August was reported at 49.4. Forex traders can compare this to the Japanese Nikkei Manufacturing PMI July which was reported at 49.4. Japanese All Industry Activity Index: The Japanese All Industry Activity Index for June decreased by 0.8% monthly. Economists predicted an decrease of 0.7% monthly. Forex traders can compare this to the Japanese All Industry Activity Index for May which increased by 0.5% monthly. Should price action for the AUDJPY remain inside the or breakout above the 71.700 to 72.550 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 72.000 Take Profit Zone: 73.900– 74.800 Stop Loss Level: 70.950 Should price action for the AUDJPY breakdown below 71.700 the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 71.400 Take Profit Zone: 69.750 – 70.000 Stop Loss Level: 72.000
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by PaxForex
AUDJPY (MONTHLY) | LONG TERM SPECULATION*Price action is presently hovering around the 70.000/72.000 zone which is a major support. *Also, put into consideration that price has been consolidating between this support @ 70.000 and resistance @ 90.000 zone since 1996. *However, if the price breaks the 70.000 zone; we might be looking at a downward rally to test support @ 55.000 (which also happened in 2001 and 2009) and if price rejects this 70.000 zone, we might be looking at a consolidation into the 90.000 zone. *We are at a crossroad and important that we keep watching the character of the price at the present zone (70.000/72.000) before making any execution. *Lower time frame speculation shall be published as we continue to monitor price action in the present zone.
by darcsherry
AUDJPY: Potential Short Setup From 76.000Whats up everyone and welcome to this new trading idea! Ive been quite for some time because of some personal issues, but this is another story! So i just want to feed you guys with another trading setup on the AUDJPY pair. Price is creating a peak formation high and consolidation for a while, which indicates that something is going on here... Im looking for shorts around the 76.000 level which will be hit in the near future. We have AUD news in a few hours so lets see if we can get price up there and then down. Risk to Reward on this trade is great! Catch you guys on the next idea and hope everyone has a successful trading week!
Short
by darian_fx
9
AUDJPY long. Right at a very nice spotThe pair is at a very very interesting spot. As we can see the D chart has formed an inverses H&S right at a resistance area that is about to be broken (or not). RSI confirms the pair is gaining strength. I want to see the neckline breaking and holding, that's when I will go long. My target will be the 77.5 area which is a very strong area of resistance. Lets have a look at the 4H chart I think the inverse H&S becomes very clear in this timeframe, we can also see the amount of times the pair has rallied to the resistance area and has retraced from there. Once broken that same resistance level will become support
Long
by MicKi