Australian Dollar / Japanese Yen
Long
Updated

AUDJPY Fundamental Analysis, Predictive Analysis and Carry Trade

195
This video here shows how I predict the economic calendar everyday and every week.

Here is my very own predictive analysis of the Australia economy (unedited).

This is what I expect going into today's economic release and in the coming weeks. Of course, nothing is 100% perfect, what ever happens tonight at 9:30 pm Eastern Standard Time will not dramatically change my overall fundamntal direction of Australia:

dropbox.com/s/e78s1y9vaamwndw/Fundamental_Calendar_Australia_Employment_July13.mp4?dl=0
Note
AUDJPY inside day candle:
snapshot
Note
A clear signal to buy and hold Australian Dollar and Sell the Japanese Yen. I hope it this can turn into a multi-weekly and multi-monthly swing and carry trade that I have been waiting for:
snapshot
Note
More info about Australia and their economy:
Copper Rally and the Australia Economy
Note
Small increase in trend employment growth in Australia (81/2016):
abs.gov.au/ausstats/abs@.nsf/mediareleasesbyCatalogue/46DFE12FCDB783D9CA256B740082AA6C?OpenDocument

This employment growth was in FULL-TIME jobs. So, this is added to the piece of the puzzle and my fundamental direction for Australia.
Note
Revision to the Australian Employment data
i.gyazo.com/15cf9a88a090077c62995e16ec89fcd1.png
Note
Update:
snapshot
Taking another long position soon.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.