anilmangal
Long

AUDJPY Is it the start of a weekly up trend?

FX:AUDJPY   Australian Dollar/Japanese Yen
6151 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
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Training : add to skype mangal457
Thanks for the heads up!
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Looks good! Thanks
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Very nice, looking forward to see how it goes. Thanks Anil!
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thank's for the prediction
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Amazing!
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Looking good :)
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looks awesome
Thanks For Everything's
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I like it, good analysis. Thank you :-)
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This one looks good. Let's watch it and not miss it.
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Nice chart
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Thanks Anil.
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Great analysis as always...Thanks
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Great setup ... Thanks
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Looks delicious!! lol
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can't wait for the possible trade setup! thanks Anil
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This is my favourite looking setup at the moment. Thanks for the continued updates
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Thanks Anil for your projections..........:)
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This means you are forecasting a very bullish stock market. :)
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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,

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Wonderfull, thx !
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UJ as u forecast..perfect movement so far..tq
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Is that means JPY gonna fall against other currencies ?
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Thx for sharing this wonderful work Anil!
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Hi Anil, Do you think wave C of (Z) still in process. I think 1 more down before going up like this:

snapshot
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