JPY carry trades downside pressure reinforced ex-post FOMC
The dovish Fed pivot is still alive that may indirectly put downside pressure on JPY carry trades, AUD/JPY worst performer
Source: marketpulse.com
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AUD/JPY Technical Analysis Overview - FX Pairs to Watch - MarketPulseMarketPulse
The overall context of price action reflects a narrowing formation with a trendline resistance level (Red line) above level 98.00
Source: marketpulse.com
AUD/JPY Technical: Holding above the 20-day moving average
AUD/JPY has started to exhibit similar risk-on behavior in direct synchronization with the rallies seen in major benchmark stock indices
Source: marketpulse.com
AUD/JPY: Make or break time as China's economy appears to be stabilizing
China's new yuan loans skyrocketed to 1.36 trillion yuan in August, much higher than the prior month's 345 billion yuan. Optimism grows for China's outloo
Source: marketpulse.com
AUD/JPY Technical: Bulls got stalled again at 200-day MA
AUD/JPY rally got rejected again at the 200-day key moving average, short-term downside momentum may have resurfaced below 92.70 resistance.
Source: marketpulse.com