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Rocketman
Jul 13, 2016 9:41 PM

AUDJPY Fundamental Analysis, Predictive Analysis and Carry Trade Long

Australian Dollar/Japanese YenFXCM

Description

This video here shows how I predict the economic calendar everyday and every week.

Here is my very own predictive analysis of the Australia economy (unedited).

This is what I expect going into today's economic release and in the coming weeks. Of course, nothing is 100% perfect, what ever happens tonight at 9:30 pm Eastern Standard Time will not dramatically change my overall fundamntal direction of Australia:

dropbox.com/s/e78s1y9vaamwndw/Fundamental_Calendar_Australia_Employment_July13.mp4?dl=0

Comment

AUDJPY inside day candle:

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A clear signal to buy and hold Australian Dollar and Sell the Japanese Yen. I hope it this can turn into a multi-weekly and multi-monthly swing and carry trade that I have been waiting for:

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More info about Australia and their economy:

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Small increase in trend employment growth in Australia (81/2016):
abs.gov.au/ausstats/abs@.nsf/mediareleasesbyCatalogue/46DFE12FCDB783D9CA256B740082AA6C?OpenDocument

This employment growth was in FULL-TIME jobs. So, this is added to the piece of the puzzle and my fundamental direction for Australia.

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Revision to the Australian Employment data
i.gyazo.com/15cf9a88a090077c62995e16ec89fcd1.png

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Update:

Taking another long position soon.
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