Thread: AUD/JPY analysis

There is strong buy signal in the AUDJPY chart we are looking forward and it’s according to the Moving average, trend line and Momentum indeed and so buyers should put an entry at 83.53 and the closing point is at 84.96.

If you want to trade with profitability in foreign exchange market you should know about all kind of economic activity worldwide. So, you can handle situation of your trades depending on situation. I am doing exactly with Bprimes. All major currencies are issued by politically stable countries. However political stability changes over time, sometimes abruptly. Dramatic changes in political stability can affect currency values dramatically by affecting confidence in the currency, and by reducing economic activity.

AUDJPY is a pair helpful to the long time traders. It is not as fast as gold. So professional traders run after this pair the most. It delivers profit slowly and that’s why those who want to minimize risk and want to be devoid of trading risk can choose the pair indeed. Trade12 is an ECN broker is offering more than 60 pairs to the traders to traders.