Currency Pair:Aud/Jpy
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 97.45
Trend: uptrend
Possible trading range: 95.31-102.90
Signals: A bullish hammer candlestick has appeared on the weekly chart suggesting that the correction ended and from this point its quite possible to see a slight upward move inclined more towards a consolidation.
Fundamentals: The BOJ's stimulus is priced in and further depreciations of the japanese yen are off the table. ON the other side t…
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 97.45
Trend: uptrend
Possible trading range: 95.31-102.90
Signals: A bullish hammer candlestick has appeared on the weekly chart suggesting that the correction ended and from this point its quite possible to see a slight upward move inclined more towards a consolidation.
Fundamentals: The BOJ's stimulus is priced in and further depreciations of the japanese yen are off the table. ON the other side t…