Aud/Jpy

[Skkhan21]

AUDJPY TRADE SIGNAL IS : BUY
Current rate is 82.82

AUDJPY k pair k last week k chart ko dekha jay to market regularly up ki trf hi movement kr rhi hye market 79.90 sy 82.82 tk up ho chuki hye aur agr aj k chart ko dekha jay to market trend upward hi ja rha hye to men suggest krta hn k yahan pe BUY ki trade hmary lye proftiable sabit ho skti ho skti hye marekt ka ressistance level 83.20 tk ho skta hye so take profit 82.82 aur 83.20 k between hona chahye

[Anees786]

[SIZE="4"EUR/JPY technical analysis of the pair [/SIZE]

the market have bull trend and in buy position

Resistance levels

R1 113.94
R2 114.09
R3 114.22

Support levels

S1 113.54
S2 113.41
S3 113.31

[yulbang111]

bullish trend seems to be taking place on the audjpy pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 82.70 and strong support at level 82.50 in hourly time frame. there is possible chance price will move to up side. then next high price is 83.20

I suggest to entry BUY with stoploss at 82.35 and take profit at 83.20
I hope you can earn consistent profit from my signal, good luck

[GreenApple]

The euro traded at $1.1429 on Thursday. The single currency had touched an intra-day high of $1.15 on Wednesday, due to dollar weakness rather than any substantial improvements in the euro zone’s economic fundamentals.

[GreenApple]

The dollar strengthened 0.1 versus the yen to trade at 113.61 on Wednesday. The dollar has gained around 1.9 percent over the Japanese currency over the last nine trading sessions due to the diverging monetary policies of the U.S. Fed and the Bank of Japan.

[GreenApple]

“The dollar is likely to benefit as we still expect the Fed to maintain its hawkish stance. The U.S. economy needs rising rates as wage pressures are building and there is a risk of an overheating of the economy,” said Sim Moh Siong, currency strategist at Bank of Singapore.

[GreenApple]

The Fed has raised rates three times this year as the U.S. economy boomed and inflation started to pick up. It has signaled a rate rise in December, with two more hikes by mid-2019.

[GreenApple]

However, the dollar recouped most of its losses versus the euro and yen by the U.S. close as focus shifted away from politics to the Fed’s monetary policy.

The central bank’s Federal Open Market Committee (FOMC) is due to release its latest policy decision on Thursday after of a two-day meeting.

[GreenApple]

The election results were as the market expected; a split Congress with Democrats winning control of the House of Representatives and Republicans cementing their majority in the Senate.

[GreenApple]

The dollar traded in a narrow range versus major peers on Thursday as investors took in the U.S. midterm election results, and turned their focus to the Federal Reserve’s monetary tightening path.