AUD/USD Vs AUD/JPY

You can see how these pairs have fell out of sync with each other, and i am putting it down to the Summer volumes as i have noticed a few other markets not in sync

The idea is that when the Summer ends that they kick in to alignment, if not sooner

Generally these pairs move together, and its because of the USD$ weakness that has saw the AUD/USD pair rally, as opposed to the strength seen in the JPY against the AUD/JPY pair

So whilst the markets are whipping around, there is some dis-locations between many markets atm

So i am very skeptical about this rally in the AUD/USD pair, my guess is that when the DX puts in a low and the EUR/USD reversing then you see the AUD/USD pair puke

So time to pay attention to the DX and EUR/USD counts for ideas for this pair to reverse

On a big move higher in the US$, i suspect that we will also see the "risk trade" puking along with JPY strength hence the triangle idea of the AUD/JPY puking lower and the triangle idea of the USD/CAD seeing far more upside

If both those pair play out as triangles, and then the AUD/USD pair reverses, you will see once again "risk" being sold, but that might be a few days or weeks away