Tuesday, August 14, 2018
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Technical Analysis – AUD/JPY strongly bearish in the near-term

AUD/JPY rises following rebound from 21-month low; strongly bearish in the near-term. AUD/JPY plummeted to a new 21-month low of 79.97 earlier today, slipping below the trading range of 84.50 – 80.60 that had been holding since February 9. The bearish scenario is further supported by the deterioration of the technical indicators and the negative aligned

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USD/JPY 09aug18 | EconAlerts

Technical Analysis – USD/JPY dives below a rising trend line

USD/JPY dives below the medium-term rising trend line; a negative mode in progress. USD/JPY edged sharply lower over Wednesday’s session as it penetrated the medium-term ascending trend line to the downside. Also, the price successfully dropped below the simple moving averages and the 23.6% Fibonacci retracement level of the up-leg from 104.60 to

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