Posts Tagged ‘AUD/USD’

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USD/JPY and AUD/USD Forecast — April 9th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 9th session. USD/JPY — The market looks a bit confused at the moment. So, the market could likely remain in consolidation between the 109.00 level and the 107.00 level. This pair is sensitive to risk appetite. Observe how the US stock market behaves. If a risk-on sentiment dominates the market, then this pair will rise. AUD/USD — The Aussie […]

USD/JPY and AUD/USD Forecast — April 7th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 7th session. USD/JPY — The pair has just broken above the 109.00 level. But you have even more resistance starting from the 110.00 level. Hence, rallies showing signs of weakness are to be sold. The US stock market is bullish. Hence, it could push this pair higher if the risk-on sentiment continues. […]

USD/JPY and AUD/USD Forecast — April 6th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 6th session. USD/JPY — The US dollar initially tried to rally, but it needs to break above the top of this little range. A break above the top of the range, then the 111.00 level is the target. To the downside, the 105.00 level is the target. You can trade the breakout. But in the meantime, you can expect the market to chop around in this […]

USD/JPY and AUD/USD Forecast — April 3rd 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 3rd session. USD/JPY — The pair rallied defying the horrible initial jobless claims from the US. The US stock market also rallied. As you can see from a wider picture, this market has been falling from this downtrend line. Also, the market is trading in the middle of this large range. Use this pair as an indicator […]

USD/JPY and AUD/USD Forecast — April 2nd 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 2nd session. USD/JPY — The USD/JPY pair has broken down on Wednesday session. A risk-off sentiment is dominating the market with the investment flowing away from the US stock market and towards the safe haven assets like the yen. Hence, it is good to go with this risk sentiment. Sell rallies that show signs of exhaustion, […]

USD/JPY and AUD/USD Forecast — April 1st 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 1st session. USD/JPY — Initially, the market saw a sideways price action, and then the market rallied to only roll over to form a bearish candlestick, as you can see on the daily chart. The 19.00 level is offering strong resistance. A break below the recent lows will take this market towards the 105.00 level. A break above the top of the candlestick […]

USD/JPY and AUD/USD Forecast — March 31st 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the March 31st session. USD/JPY — The pair is hovering around the 108.00 level at the moment. A break above the top of this candlestick is a buy signal and you can then expect the next target to be the 111.00 level. To the downside, the 105.00 level will offer support. In the meantime, you can expect the market to consolidate in this general vicinity. AUD/USD — […]

USD/JPY and AUD/USD Forecast — March 27th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the March 27th session. USD/JPY — The pair has fallen down significantly breaking below the bottom of these hammer candlesticks. Any short-term bounce from here, investors would close their positions for profit taking. The market is trading inside this large range of 1000 pips. AUD/USD — The Aussie is pressing against the top of the shooting star […]

USD/JPY and AUD/USD Forecast — March 26th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the March 26th session. USD/JPY — The market is trading just below the 112.00 level, which looks psychologically significant, and also could offer strong resistance. You need to see a daily candle close above this level and then the next target is 114.00. In the meantime, this market could drift sideways until a catalyst arrives in the market. A break […]

USD/JPY and AUD/USD Forecast — March 25th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the March 25th session. USD/JPY — The market has been very bullish and it makes sense that it is attempting for a pullback. The 112.00 level is psychologically significant and strong resistance. A break above this level, then 114.00 is your next target. The 108.00 level is your target to the downside. The market is grinding sideways at the moment. […]

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