Forex, Stocks, Cryptocurrency Markets Overview [Video]
|Taking a Closer Look at AUD/JPY
The AUD/JPY pair successfully broke above the daily Ichimoku Cloud as well as a key pivot level and the 50% Fibonacci retracement level of 79.74 at the end of last week. Though the pair kinda lost its momentum on Monday, doors still are open for the pair to reach the 81.52 resistance level.
Both the United States Dollar and Canadian Dollar had somewhat uneventful weeks, which was likely caused by the fact most currency trading activity was taking place in Europe. With several important reports coming out of Canada this week, the Loonie is likely to be a bit more active.
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