FX Pair News: AUDJPY Taking Profits

AUD JPY Chart

We recently outlined a Trading Idea on the AUDJPY, buying at 80.70 with stops at 78.60 and targets to 83.70. We followed up this commentary on 25 January, suggesting that those in longs trail their stop to 79.60. Since then, the pair has pressed higher, last night hitting a high of 82.90 before slipping back [...]

AUDJPY Currency Pair Tip: January 18

AUDJPY Chart

We covered the AUDJPY recently and outlined a Trading Idea to buy the pair on stop at 80.70, with stops at 78.60 and targets to 83.70. Those who followed this guidance and set orders would have been filled and would currently be around breakeven on their position. Overnight the currency pair made it up to [...]

AUDJPY Currency Pair News: October 18

AUDJPY Chart

Despite rallying strongly from the early-October lows around 0.7200, more recently the AUDJPY is showing signs of rotating lower. Among the strategies that are taught in our Forex workshops, one is based on the concept of a value zone. This strategy incorporates the 100-, 150- and 200- day EMAs, with these moving averages defining the [...]

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