Aj
AUDJPY SHORTHi Traders,
A possibility to look for sell Entry near the 91.3 area. Can look for entry with a trendline break or we can look for a rejection coming out from the fibonacci level area.
My TP will be at 90.1 area. We have new Australian and Japanese news coming in this week.
Always trade with a stop loss along with Money management. Avoid over leveraging.
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Thank you. 👍
AUDJPY ShortHere is the Simple and clean analysis on AUDJPY based supply/demand/imbalance.
We are looking forward to wait for the price to fill the Supply zone where waits the imbalance.
withe the CE we will enter and bring the price down to the demand area which looks very possible.
As we are looking to take down the imbalance which awaits on the Demand zone.
We are looking forward to take 7.61 Reward with the risk of only 1% of the equity.
Press like if you agree!
Trade safe.
Cheers
Fxgoldsniper
AUD/JPY - Tight RangeOANDA:AUDJPY
Tight range for this pair.
Started to watch this late yesterday and early into todays FX sessions as maybe, just maybe the Aussie's and Japanese market makers would make some moves before the holiday weekend as there were first up in line.
Didn't happen, tight range under 70 pips for most of the major pairs.
AJ couldn't break below this support area all night/morning long
Trade Smart
Trade well
AUDJPY LONG SETUP (IDEA)Hello all!
Another Idea here, AJ looking INTERESTING!
The pair is in OVERALL DOWNTREND. However, we can look to BUY this pair until it Mitigates the SUPPLY marked on the chart.
Will enter of a CONFIRMATION only! Monitor LTF and look for a LONG position when the price touches Demand zone!
Take care!
AUD/JPY - 2nd Time's a CharmOANDA:AUDJPY
Since this pair gave me an easy small scalp last Asian session, tried for a hard 15TP short play before NY FX & NYSE open, chopped down to about +10pips before pulling back to my tight SL at break even. Tried again, and chopped a little until an hour into NYSE, then gave me my 15pips.
Trade well..
AUDJPY 4hour Analysis January 22nd, 2023AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we are actually bearish but this large 4hour range is throwing off some lower timeframe trends.
As we know, we have to let the range do its thing as it is very likely the range will continue. We specifically are looking for reactions near our key resistance 91.000.
If the range continues, look for strong rejection from 91.000 to enter short on.
Trade scenario 2: If we see price action break above 91.000 we will look for the next point of structure (higher low) before we enter long.
AUDJPY 4hour Analysis January 1st, 2023AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking quite bearish on AJ but we are in the process of confirming a retest. Recently, price action rejected 91.000 resistance and started forming a lower high.
These are all great signs that price action will continue bearish but we are not convinced just yet. Ideally the best situation for us to enter would be on a break and retest below 89.250, which would also be the next lower high.
Trade scenario 2: If we fail to break below 89.250 it’s likely price action will make another attempt at 91.000 resistance.
AUDJPY 4hour Analysis December 18th, 2022AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are overall very bearish looking on AJ but we just hit key support around 91.000. At the moment we may not have any short opportunities but we will be looking for reactions from this zone.
The most likely scenario is that price action will go to form structure and hit one of our key fib levels before continuing bearish.
Trade scenario 2: If we see price action go to retrace we could have a nice counter trend trade on our hands. Look for a strong reversal from 91.000 support and target toward 92.300.
AUDJPY 4hour Analysis December 11th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are still technically bearish on AU although we are seeing a large retrace to our 93.000 resistance zone.
Going into this week we are looking for reactions around 93.000, either a break or bounce of the zone. For us to remain bearish we want to see convincing rejection with strong bearish variations to enter short on.
Trade scenario 2: If we see a break above 93.000 resistance we will be looking more bullish for the coming week.
AUDJPY 4hour Analysis December 4th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking overall bearish on AJ but we are resting at key support near 91.000. From here we need to see a lower high closer to 92.250 to identify a safer short opportunity. We can then re-target 91.000 support.
Trade scenario 2: For us to consider AJ bullish on this timeframe we would need to see a break above 93.000 resistance with a higher low above.
AUDJPY 4hour Analysis November 27th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are looking at some serious consolidation on the daily timeframe however, we are holding at a high so overall we are bullish.
The 4hour is telling us a different story where price action looks like it is ready to fall a bit.
Going into this week we’re simply looking for reactions at our 93.750 zone.
Look for a lower high below 93.750 to confirm downside movement. Target toward 93.000.
Trade scenario 2: If we are to consider long opportunities we would like to see a clear break above 93.750 with convincing bullish variations to enter long on.
AUDJPY 4hour Analysis November 20th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are still consolidating on higher timeframes on AJ but overall we are bullish.
Going into this week we are looking fo reactions from our 93.000 zone.
Ideally, price action breaks below 93.000 and forms a lower high we can confidently enter short on.
Trade scenario 2: The other likely scenario is price action bouncing off 93.000. I personally would not trade this but on lower timeframes a nice short term bullish trend could present itself.
AUDJPY 4hour Analysis November 13th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Overall AJ is bullish on higher timeframes but we recently have been seeing some strong 4hour bearish volume.
Going into this week we’re looking to see if this 4hour bearish trend continues. For this to happen we need to see a break of 93.000 support with a lower high below.
Trade scenario 2: The other likely scenario is price action bouncing from 93.000 and continuing to range.