AUDJPY settings of Trade Forex commentary: inside bar
The AUDJPY formed a bullish inside bar today during the recent momentum bullish. we can see price currently is located near the resistance to 80.85. beyond this level do not see much resistance up to approx. 83.50.
The Australian dollar was very strong, recently as a result of continued demand rich country exports from China and other fast-growing countries.
Foreign exchange market intervention yesterday by the Government to help weaken the surging yen Japanese gave further support to this recent Push bullish in AUDJPY and one Australian dollar crosses.
For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.
Comment:
The Forex market was relatively quiet today as coins took a breath after the movement of prices volatile Wednesday after Japan intervened in foreign exchange markets to weaken the yen.
The Dow has added 22.10 points or 0.21%, S & P 500 lost 0,40 points, or $ 0.04% and the Nasdaq gained 1.93 points or 0.08%.
Brak komentarzy:
Prześlij komentarz