Rocketman
Long

AUDJPY: Fundamentally ok to trade still....

FX:AUDJPY   Australian Dollar/Japanese Yen
37 1 1
Combining the technicals with the fundamentals for the currency market seems to be easier than stocks for me; for one not looking at BOTH macro and micro-economic data, and auditing balance sheets of thousands of companies, but the task is mainly analyzing political and macroeconomic data and not worrying about the CEO             of company X putting his company in the pink sheets or suddenly going private, leaving investors in potential jeopardy.

Although AUD is not yet on the hawkish side, it is not too dovish either, and JPY is more dovish than AUD, and so, weaker; however, it is not the best pair to trade. Overall, this trade is fundamentally ok.
thanks nice
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