JPY Trading Outlook Archive

CROSSES: AUD/JPY is the most interesting of the crosses at the moment with a potential double-bottom at 87.20 and strong resistance starting at 89.00 (see chart). I’d play close to the edges of this range and get your next medium-term bias from a break either… Read more

CROSSES: AUD/NZD was very volatile yesterday on the Fonterra milk contamination news but has now settled down. The big levels are at 1.12/1.15 and further range trading between these two levels is now expected (but again watch for large stops 50 pips through either of… Read more

CROSSES: AUD/NZD has been the big mover, jumping from 1.12 to 1.15 in a very short time. Previous lows near 1.1540 should now provide solid resistance (see chart). AUD/JPY is trading at mid-range levels near 88.00 and the range edges to watch here are at… Read more

CROSSES: AUD/JPY is once again back at the lower end of its recent ranges near 90.00 and there is very important technical support below 89.50. AUD/NZD has been unable to re-take 1.1500 and is now eyeing support levels at 1.1365/85. EUR/AUD has had another daily… Read more

CROSSES: AUD/JPY pulled back lower towards mid-range levels near 91.00 on the back of a stronger Yen across the board but further range consolidation 90.00/93.50 is favoured (see chart). AUD/NZD is still consolidating below 1.1500 but I favour some broad range trading roughly between 1.14/1.16… Read more

CROSSES: The crosses are sitting close to interesting levels again. AUD/NZD is sitting justabove reported support at 1.1500 and a clean break below there targets 1.1200. If support canhold, then further 1.15/1.18 range trading is on the cards. EUR/AUD is once again trading at1.44 and… Read more

CROSSES: AUD/JPY is still looking moderately constructive, consolidating above important technical support at 89.50. Short-term resistance lies at 93.00 and we may get a test of that today after the Japanese election results? AUD/NZD looks to be in a 1.15/1.18 holding pattern with a bearish… Read more

CROSSES: EUR/AUD continues to drift lower after putting in those fresh weekly highs at 1.4400 and we seem to be in a consolidation phase at present between 1.39/1.44 (see chart). AUD/JPY is following a similar pattern to AUD/USD and the levels to watch there are… Read more

CROSSES: EUR/AUD has fallen back towards 1.4200 and this raises the possibility that the break above 1.4400 was a false one. This pair should stay volatile and a 1.39/1.44 range should cover most eventualities in coming days. AUD/JPY has also recovered nicely and support at… Read more

CROSSES: AUD/JPY was the big mover yesterday (see chart) and support lines near 89.50 have again proven to be very solid indeed. EUR/AUD has closed back below the former resistance levels at 1.4375/1.4400 and while it still looks bullish, we could easily get another pull-back… Read more