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Audjpylong

AUD/JPY | Potential Upward Movement 🚀Technical Analysis: The pair succeeded to break the bullish flag formation where it found buyers around the 61.80% Fibonacci retracement level which is why the price rallied. We are expecting a lower correction toward the highlighted zone before a huge impulsive way toward the mentioned target profit. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit Order @ 83.37 Take Profit @ 83.95 Stop Loss @ 83.18 Trade Safely 🙂
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by Forex-Robot-Nation
AUDJPY approaching support, potential for bounce|2nd July 2021Prices are approaching support which is in line with horizontal swing low support, 61.8% Fibonacci retracement and 161.8% Fibonacci extension. Prices might push up towards horizontal overlap resistance in line with 100% Fibonacci extension. If prices push down, prices might take support on horizontal swing low support in line with 100% Fibonacci extension and 161.8% Fibonacci retracement. Stochastics is also appraoching 7.01 level, potential for a bounce.
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by TradeGATEHub
AUD/JPY Buy On Iron Ore & Bond Yield'sThe Australian Dollar is forecast to continue to rise in value against the Japanese Yen. The Australian central bank has signalled it's talking about tapering its bond purchasing program. As the Australian economy recovers and inflation is expected to rise over the coming quarters. In this video, I cover how analysts on Bloomberg's terminal forecast Australia's bond yield's to rise above 2.00% in the coming year. That's in stark contrast to japan's 10 Year yield remaining pegged at 0.16% and should cause currency flows from Japan into Australia to obtain the higher interest rate. Iron Ore prices are also bullish as demand for commodities increases, which will also support the Australian dollar.
Long
by KayansMarkets
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