Our free forex signals service trade today is a buy order on the AUD/JPY pair. The AUD/JPY pair has moved sideways over the short term., but the price action is signalling that the downside movement is over and that the bulls could take the lead. Still, we’ll have to wait for confirmation before considering going long. As long as it moves sideways, we don’t have a good trading opportunity. Yesterday, the Japanese Flash Manufacturing PMI was reported at 54.2 versus 53.5 expected, while the BOJ Core CPI registered a 0.6% growth compared to 0.4% expected. Today, the SPPI registered a 1.0% growth versus 0.9% expected. Get FREE Forex Signals Now! 3 Free Forex Every Week – Full Technical Analysis Yen Futures In The Seller’s Territory Despite the positive data, the Yen stayed lower as the Japanese Yen Futures resumed its drop. The AUD/JPY could slip lower if the Yen Futures will rebound after the most recent sell-off. On the other hand, the JPY could depreciate versus all its rivals if the futures will approach and reach new lows. From the technical point of view, the pair escaped from the descending pitchfork’s body and now it tries to stabilize above the 82.909 weekly pivot point. A valid breakout through the 150% Fibonacci line and above the ascending pitchfork’s median line (ml) could activate an upside continuation. Jumping and closing above the 38.2% retracement level may bring new long opportunities. Free forex signals – BUY AUD/JPY at 83.540 Free forex signals entry price and takes profit Instrument: AUD/JPY Order Type: BUY STOP Entry price: 83.54 Stop Loss: 82.60 TP1: 84.94 My Risk: 1% Risk / Reward Ratio: 1: 1.5 Looking to trade forex now? Invest at eToro! Trade Forex Now! 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Olimpiu Tuns Olimpiu Tuns Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms. View All Post By Olimpiu Tuns Forex Trading Signals share Read Next GBP/USD Forecast: More Declines In View, 1.3353 Fails To Hold Olimpiu Tuns 5 months Our free forex signals service trade today is a buy order on the AUD/JPY pair. The AUD/JPY pair has moved sideways over the short term., but the price action is signalling that the downside movement is over and that the bulls could take the lead. Still, we’ll have to wait for confirmation before considering going long. As long as it moves sideways, we don’t have a good trading opportunity. Yesterday, the Japanese Flash Manufacturing PMI was reported at 54.2 versus 53.5 expected, while the BOJ Core CPI registered a 0.6% growth compared to 0.4% expected. Today, the SPPI registered a… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
