anilmangal
Long

AUDJPY Is it the start of a weekly up trend?

FX:AUDJPY   Australian Dollar/Japanese Yen
6162 24 168
The AUDJPY             seems to have completed the corrective structure, which if true, means it is starting a weekly up trend!!
I will be posting possible trade setup on lower time frame so follow me to get instant notification!! share the idea if you like it .
Let;s see how this goes. Please click on the pinned chart to see how you can forecast many possible moves using wave structure!!
Trade with care, use a tested strategy !
http://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
Hi Anil, Do you think wave C of (Z) still in process. I think 1 more down before going up like this:

snapshot
Reply
Thx for sharing this wonderful work Anil!
Reply
Is that means JPY gonna fall against other currencies ?
Reply
UJ as u forecast..perfect movement so far..tq
+1 Reply
Wonderfull, thx !
+1 Reply
This means you are forecasting a very bullish stock market. :)
+1 Reply
Fibtree jonatsgonats
not necessarily, the fundamental situation is that the interest rate differential between the other Major Banks(aside from RBNZ) and the RBA is very attractive for carry Traders. Plus there have been a lot of speculation around trading desks that this might attract especially investors from Japan that use the recent appreciation of their currency to invest into Australian Government Bonds. With 3% interest rate differential plus 3-3.5% for the bonds thats a 6.5% return for your investment. On top of that we have rocketing Gold prices and AUD is also the Gold currency,

+1 Reply
Thanks Anil for your projections..........:)
+1 Reply
This is my favourite looking setup at the moment. Thanks for the continued updates
+1 Reply
can't wait for the possible trade setup! thanks Anil
+1 Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out