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Sunday, 22 November 2009 GMT
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Trend of the Day: AUD/JPY
Tuesday, 07 October 2008 08:33:24 GMT
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- Tuesday, 06 October 2009 08:57:14 GMT The Trend of the Day - GBP/USD
- Tuesday, 29 September 2009 11:59:09 GMT The Trend of the Day - AUD/USD
- Tuesday, 22 September 2009 08:58:39 GMT Post of the Day: Risk Reward Ratios
- Thursday, 17 September 2009 18:49:26 GMT The Trend of the Day - EUR/USD
- Thursday, 17 September 2009 11:33:00 GMT The Trend of the Day - GBP/JPY
- Thursday, 17 September 2009 08:59:57 GMT Post of the Day: Determining a Price Target for Triangles
- Wednesday, 16 September 2009 12:10:21 GMT Trend of the Day - NZD/USD
- Tuesday, 15 September 2009 11:53:03 GMT The Trend of the Day - EUR/JPY
- Monday, 14 September 2009 09:39:08 GMT The Trend of the Day - NZD/USD
- Friday, 11 September 2009 10:13:14 GMT Trend of the Day - GBP/USD
- Friday, 11 September 2009 10:13:14 GMT Post of the Day: Identifying an Entry
- Thursday, 10 September 2009 11:25:08 GMT The Trend of the Day - EUR/USD
- Wednesday, 02 September 2009 12:25:55 GMT Trend of the Day - GBP/USD
- Wednesday, 02 September 2009 08:44:39 GMT Post of the Day: Controling Greed
- Tuesday, 01 September 2009 10:07:53 GMT Trend of the Day - CAD/JPY
- Tuesday, 01 September 2009 08:29:44 GMT Post of the Day: Hanging Man Candlestick
- Thursday, 27 August 2009 04:10:19 GMT Post of the Day: Professional Traders vs The Amateur Trader
- Wednesday, 26 August 2009 11:45:00 GMT Trend of the Day - EUR/GBP
- Wednesday, 26 August 2009 04:36:38 GMT Post of the Day: Wicked Candles
- Tuesday, 25 August 2009 04:07:15 GMT Post of the Day: Candlestick Identification
AUD/JPY is our Trend for Today
As the global credit markets froze and stock markets dropped, the Yen was a big winner against the beleaguered Aussie dollar. Market risk aversion caused the AUD/JPY to drop over 1000 pips from the high of 81.20 to a low of 70.27. A late session rally caused prices to retrace some 400 pips to close at 73.49. The daily trend had been down since the end of July and Daily oscillators are oversold. Look for a break of the 70.27 low to signify the continuation of this bearish trend.
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