[tab: Asia Morning]

$AUDUSD continues moving down. Immediate target now is around 1.022ish.

$USDJPY

Target is at the potential retest of 8330 to 8350 level.

[tab: End of Tokyo session]

$USDJPY Update

[tab: Asia Morning]

Here is the hourly structure of $AUDUSD I am looking at. This is not necessary a shout of buy, but I do expect some reaction at this point after the selling during overnight U.S session.

Not so much about $USDJPY at the moment, it might be trapped between 83 to 8320. However, I am still eyeing target above 8350.

[tab: End of Tokyo session]

[tab: Asia Morning]

Here is the hourly structure of $AUDUSD I am looking at for today’s trading. It is not difficult to see the confluence of ABCD completion, resistance level and channel on the chart.

Not much changes for $USDJPY during overnight U.S session. Still looking at potential test of 8315/8320 range.

 

[tab: End of Tokyo session]

$AUDUSD completed ABCD formation, and immediately reacted at the resistance level.  Next immediate support is seen around 1.0485.

 

[tab: Asia Morning]

Good morning (as if there is anybody reading this post, at all!) from Australia.  As I tweeted, Monday morning is normally tricky to trade, I am spending more time reading than trading until Tokyo, Singapore markets open. Here is the structures of $AUDUSD and $USDJPY that I am watching. These charts are just the frame work of my intraday short term trading.

[tab: End of Tokyo session]

$AUDUSD reacted well at the resistance level and retraced around 50% of last up swing.

$USDJPY retraced from hourly resistance and immediately bounce at the nearest visible support.  It is now looking like it might give 83.17ish level a test.