After a fairly slow start this morning, activity for various symbols is likely to pick up later in the week as the NFP approaches plus balance of trade from Australia, Canada and the USA. This preview looks at AUDUSD and CADJPY.
The Aussie dollar’s momentum against the yen has declined in the second quarter so far. Meanwhile the RBA on Tuesday ruled out any significant change to monetary policy until 2023 at the earliest. Today’s TA looks at the daily chart of AUDJPY ahead of Australian balance of trade.
The pound has been somewhat volatile today after lacklustre job data this morning as trade negotiations continue into the end of the year. This TA covers GBPJPY H4.
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