Tickmill’s Investing Diva, AUDJPY Daily Outlook 21-08-20

Tickmill’s Investing Diva, AUDJPY Daily Outlook 21-08-20

Investing Diva 21.8.20

AUDJPY Daily Outlook 21-08-20 – On Thursday the U.S. weekly jobless claims jump back above 1 million but Employment in Canada increased in July according to July. The ECB Signaled September to Be Key Month to Read the Economy, and we found out the Swiss Trade recovered in July 2020.

Welcome to the Tickmill update, I’m Kiana Danial the founder of the Invest Diva movement. Make sure to subscribe to the Tickmill YouTube channel and support us by liking and sharing this video with your forex trading friends.

On Friday we’ll be eying PMI numbers from Germany, Euro area, the UK and the US.

Today I’m looking at the AUD/JPY pair which is still struggling to break above the 76.60 resistance level and appears to have lost bullish momentum. With that, we could expect another visit of the support level at 74 in the medium term.

Will you be trading the AUD/JPY pair any time soon? Head over to the comments section and let me know.

Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.

High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% and 76% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Share this post:

Credit: Tickmill

Leave A Comment

Your email address will not be published. Required fields are marked *