FxWirePro: AUD/ USD strongly bearish despite upside attempts 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
FxWirePro- Major Pair levels and bias summary 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
2025 Market Outlook: Key January Events to Watch 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
AUD/JPY chart on Trading View used for analysis
- AUD/JPY trades with a bullish momentum, trades 1.19% higher on the day at 80.82 at the time of writing.
- Aussie buoyed after robust trade balance data released earlier today.
- The antipodean also helped by Chinese Caixin Manufacturing PMI data that managed to hold above the 50.0 critical level.
- Technical analysis also supports bullish bias, pair eyes 110-EMA at 81.2718. Price action is above 21-EMA and 5-DMA has turned north.
- Stochs and RSI have turned higher and MACD is showing a bullish crossover on signal line.
- We also evidence 'Bullish Divergence' on RSI and Stochs which adds to the bullish bias.
Call update: Our previous call (https://www.econotimes.com/FxWirePro-AUD-JPY-Trade-Idea-1451097) is approaching TP2.
Recommendation: Bias higher. Book partial profits. Hold for further upside.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
