Get started

Audjpydaily

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
by PaxForex
AUDJPY Long Long Long (High Potential for 200 pip move)We can see clearly that 75.433 is holding very very good, if we look daily we can see that have a big hammer, they pushed the price below this key level (for me) and we broke that supp with a big bearish marobozu but we managed to go upside again, that means that they don't want the price below that point. Always remember to visualize, to predict how the weekly candle will close , if we look at the weekly tf we can see clearly that this pair is trying to make a big hammer that means the bearish days are over and new trend will follow through. Remember we have to smash that 76.000 KEY LEVEL with a big HAMMER. My longer tp for this pair if we manage to close weekly as Hammer is 77.965 about 200 pips , and the stop loss is very tight (20 pips) Buy zone 75.655, Very very good setup.
Long
by ronizfx