A Mid and Long Term view in AUD/JPY

FX:AUDJPY   Australian Dollar / Japanese Yen
With commodities collapsing and the BOJ announcing further easing and loose monetary policy , AUD/ JPY provides the best instrument to ride both the decline in commodities and the softer yen.
Trade closed: target reached: Update for Trailing
If commodities are falling, why, for the love of God, would you go long a commodity currency ? :))
sisse vlad.adrian
I don't think you understood the chart. Its a short call !!!. When commodities go down AUD going down making the pair move down...
I don't think you understand how forex works. If the BOJ si going to ease further, the yen is going to loose. That means higher AUDJPY.
sisse vlad.adrian
The Kuroda and Abeconomics has been in full motion for quite a while. The arsenal is quite empty now and most of the move is already digested. In such a long fundamental trades we trade expectations not fact....Be careful you maybe the one who is not really grasping how fundamentals work.

In any case, this is a monthly chart so lots of things can happen in between. The main momentum should come from AUD later this year via dollar and FED hikes... lets have a review later to let the charts and fact talk by themselves in a few months ...
Now I am sure you don't know what you are talking about.
sisse vlad.adrian
No comments .... market have spoken ...
@sisse, very nice
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