Subscribe to RSS

AUDJPY- 200 SMA (H4) Remains Barrier, Can Buyers Break It?

  • Aussie Dollar traded higher against the Japanese Yen, but finding it tough to break the 200 simple moving average (H4).
  • AUDJPY has a couple of bullish trend lines formed on the 4-hours chart, which may play a major role moving ahead.
  • Today, there were several economic releases lined up in Japan, impacting all yen pairs.
  • Japan’s Unemployment Rate which comes from the Ministry of Health, Labour and welfare and published by the Japan Statistics Bureau posted a reading of 3.3% in December 2015.
  • Japan’s National Consumer Price Index is released by the Statistics Bureau posted a decline of 0.3% in December 2015, compared with the same month a year ago.

AUDJPY Technical Analysis

The AUDJPY pair attempted to trade higher during the Asian session, just struggled just below the 200 simple moving average on the 4-hours chart, which may act as a tough barrier for buyers.

AUDJPY

On the downside, there are a couple of bullish trend lines formed on the 4-hours chart, which holds the key for more gains in the short term.

As long as the AUDJPY pair is above the trend lines, it may trade higher else the trend might change moving ahead.

Japan’s Unemployment Rate

Earlier during the Asian session, the Japanese Unemployment Rate came from the Ministry of Health, Labour and welfare and was published by the Japan Statistics Bureau. It is a measure of the percentage of unemployed in Japan and was forecasted to remain stable at 3.3% in December 2015. The report stated that there was no change in the Japanese Unemployment Rate, as it came in at 3.3% in Dec 2015.

Japan’s National Consumer Price Index

Moreover, the National Consumer Price Index, which is a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services was released by the Statistics Bureau. There was an increase of 0.3% in the CPI during the last release, and in this release for December 2015, there was a decline of 0.3% compared with the same month a year ago.

Additionally, the National CPI Ex-Fresh Food was forecasted to increase by 0.1% in December 2015, compared with the same month a year ago. The result matched the forecast, as the National CPI Ex-Fresh Food rose 0.1%.

0 commentsback to post

Add your comment

Nickname:
E-mail:
Website:
Comment:

Other articlesgo to homepage

$50 Forex No Deposit Free Power Bonus – GIC Market

$50 Forex No Deposit Free Power Bonus – GIC Market(0)

$50 Forex No Deposit Free Power Bonus Promotion to All New Traders. $50 Forex No Deposit Free Bonus is one of the unique promotions that offer new traders money to open a live trading account. Link: $50 Forex No Deposit Power Bonus Available to: New and Existing Traders. Ending Date: 31 December 2017 Bonus Offer:

$3500 Free Forex No Deposit Trading Bonus – InstaForex

$3500 Free Forex No Deposit Trading Bonus – InstaForex(0)

Get $3500 Free Forex No Deposit Trading Bonus Start Trading Forex and CFD Without Deposit and Without Risks. The new $3500 No Deposit Forex Bonus from InstaForex is an exciting opportunity to start Forex Trade. Link:  $3500 Free No Deposit Bonus Link:  Get 250% Bonus for First Deposit Link:  100% Deposit Bonus Campaign Available to: 

Up to $1000 Welcome Bonus of Every Deposit – FortFS

Up to $1000 Welcome Bonus of Every Deposit – FortFS(0)

Up to 50% Bonus of Every Deposit to All New and Existing Traders. You Deposited $1000 on your account, chose a 50% bonus and got 500 extra dollars to the initial deposit amount. Link:  $50 Forex No Deposit Welcome Bonus Link: Up to 50% Bonus of Every Deposit Link: $5 Forex No Deposit Welcome Bonus

30 USD Forex No Deposit Bonus Promotion – Tickmill

30 USD Forex No Deposit Bonus Promotion – Tickmill(0)

$30 No Deposit Forex Welcome Bonus Campaign to All new traders. $30 Free Forex Welcome Account is available to all new clients who expressed a wish for it during the registration process. Link:  Weekly Demo Race Trading Contest Link:  $30 Free Welcome Bonus Campaign Link:  Forex Monthly Live Trading Contest Available to: All new traders

$25 Deposit and earn $5000 Cashback Bonus – UFX

$25 Deposit and earn $5000 Cashback Bonus – UFX(0)

100% Forex Real Money Cash-back Bonus Promotion to all new and existing clients. Join and gain exclusive access to the ONLY online trading 100% Forex Cashback rewards bonus program Link:  $5000 BitCoin Rewards Bonus Promo Link:  $50 Free and Trade in Three Steps Link:  $50 Free No Deposit Bitcoin Bonus Link:  100% Real Money CashBack

300% Deposit Bonus Plus Free Forex Signals – MarketsYes

300% Deposit Bonus Plus Free Forex Signals – MarketsYes(0)

300% Tradable Bonus Promotion up to $3000. MarketsYes is offering all prospective clients’ deposit for up to 3000 USD/EUR/GBP a 300% Forex Tradable Bonus. Link:  300% Tradable Bonus Promotion Available to: All new traders Ending Date: 31 December 2018 Bonus Offer: 300% Tradable Bonus Promotion up to $3000 to all new traders SETTLEMENT COMPANY CORPORATION

Receive $100 Free on your Trading Account – FxFinance

Receive $100 Free on your Trading Account – FxFinance(0)

Receive $100 Free on your FxFinance Live Trading Account. $100 Free offer is valid for an unlimited period of time, for all those who have made accruals for the shares before August 31, 2017. Link:  Receive $100 Free on your Account Available to: All new trading account Ending Date: 31 August 2017 Terms of action:

15% Margin Bonus and $50 No Deposit Bonus – FortFS

15% Margin Bonus and $50 No Deposit Bonus – FortFS(0)

15% Margin Bonus and $50 No Deposit Bonus Promotion from FortFS to All New and Existing clients For Limited Time Offer. Fort Financial Services announces the start of the new promo-action from 26.10.2015 until 31.12.2018. Link:  15% Support Margin Bonus Promo Link:  50% Deposit Bonus Promotion Link:  $50 Forex No Deposit Welcome Bonus Available to:

$50 No Deposit Bitcoin Forex Bonus Promotion – UFX

$50 No Deposit Bitcoin Forex Bonus Promotion – UFX(0)

$50 Forex No Deposit Bitcoin Bonus Special Promotion to all new trading account holder. Start Forex Trading Bitcoin with UFX and  Get a $50 No Deposit Bonus Link:  $50 Forex No Deposit Bonus Promotion Link:  $50 Free No Deposit Bitcoin Bonus Link:  Halloween Trick or Trade Competition Available to: All new trading account Ending Date:

100% Bonus on your $100 Minimum Deposit – AvaTrade

100% Bonus on your $100 Minimum Deposit – AvaTrade(0)

Up to 100% Bonus on your $100 Minimum Deposit. Start forex trading today and in honour of our Irish roots we’ll give you a St. Patricks Day special bonus of up to 100% Link:  100% Special Bonus to Your First Deposit Available to: All new account Ending Date: 31 December 2018 Bonus offer: 100% New

read more

Forex Featured Broker

Contacts and information

ForexDepositNews.com Forex Deposit Bonus, Forex No Deposit Bonus, Forex Live Contest, Forex Demo Contest, Free Forex Bonus Forex Brokers Review and Other All Forex promotions.

ForexDepositNews.com

Social networks

Most popular categories