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.
Aj
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.
AUDJPY 4hour Analysis November 6th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we have been generally bullish on AJ but we have been stuck between these two zones for quite a while.
Price action is clearly struggling to find a trend so we will wait until the range is broken.
Ideally, we see price action break above our 94.750 resistance and form a higher low above.
Look to enter long and target toward higher resistance levels.
Trade scenario 2: For us to consider AJ more bearish on the 4hour timeframe we would need to see a break below the range and 93.750 support.
Look to enter short on confirmed lower highs if this happens.
AUDJPY 4hour Analysis October 30th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Overall AJ is looking bullish but price action is struggling to break above 94.750 resistance.
We can see price action is resting right near resistance so the most likely situation is AJ falling back to 93.750 support.
Trade scenario 2: For us to confirm AJ as full bullish again we need to see a break above 94.750 with a confirmed higher low above.
AUDJPY 4hour Analysis October 23rd, 2022AUDJPY Neutral idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: We are newly bullish on AJ 4hour timeframe as we saw price action push up to 95.000 resistance.
The most likely scenario is a continuation of this pattern formation with price action falling to support. You can either trade inside the pattern if this happens or wait for a bearish break to short.
Trade scenario 2: If we do see AJ continue bullish we need to see structure above 95.000 resistance. Look to target higher if this happens.
AUDJPY 4hour Analysis October 16th, 2022AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: AJ is also looking very bearish going into this week.
Ideally, price action can form a clear lower high below 93.000 resistance and give us good entry opportunities.
Look to target lower toward 91.000 support.
Trade scenario 2: For us to consider AJ more bullish we first would need to see a break back above 93.000 resistance with a confirmed higher low above.
AUDJPY 4hour Analysis October 9th, 2022AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking bearish on AJ and it looks like we will continue with this trend through the week.
Ideally price action confirms below 93.000 and forms a lower high we can consider entering short on. If this happens look to target toward our -27% fib level & 91.000 support.
Trade scenario 2: For us to consider AJ more bullish we would first need to see a break back above 93.000 with bullish setups in the range.
AUDJPY 4hour Analysis October 2nd, 2022AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are fully bearish on AJ and it looks like it will continue into this week.
Currently we are in an active trade where we rejected from 38.2% sharply. It is likely price action will continue lower and establish a new lower low.
If we are able to spot quality lower highs on the way we may consider entry opportunities.
Trade scenario 2: For us to see AJ as more bullish we first need to break above the lower highs established at 38.2%. This needs to happen along with a higher low above 95.000, ideally.
AUDJPY 4hour Analysis September 25th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Currently AJ is in a steep downtrend and it will be hard to catch falling price action.
Ideally, we will look for a retest of 95.000 resistance with convincing bearish variations to enter short on. Look to target lower toward 93.000 support.
Trade scenario 2: If we are to consider AJ bullish we would first need to see a break above 95.000 resistance with a higher low above.
AUDJPY 4hour Analysis September 18th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Overall AJ has been bullish on the major timeframes but last week the 4hour timeframe has been falling off in a strong bearish trend.
If we are to continue bearish we would need to see strong rejection from the current zone 96.000. Look to target lower if this happens.
Trade scenario 2: If price action pushed back above 96.000 it’s likely we will see a rally to 97.000 where we will have to look for a break or bounce.
AUDJPY 2 Way Scenario BE CAREFUL Good morning traders. Market will be open here shortly. Be very careful trading AUDJPY. Its at a very crucial point where if it breaks higher, it will move rather quickly. Look at what happened recently with AUDCAD. There is an OB unmitigated on the daily TF and might shoot higher before going all the way down to my target area.
Hope this helps. Don't forget to like and follow for more predictions. If you would like other charts evaluated don't forget to request them through the comment section.
HAPPY TRADING !!!
AUDJPY 4hour Analysis September 11th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are still majorly bullish on AJ and we are currently consolidating at a high.
The most ideal scenario for us would be to look for entries on structure points only
(38.2 & 61.8).
The safest move would be a clear reversal near 96.000 with strong bullish confirmations to enter on. Look to target toward the prior high & our -27% fib level.
Trade scenario 2: For us to consider AJ full bearish on the 4hour we would need to see a break below 96.000 with confirmed new structure.
AUDJPY 4hour Analysis September 5th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We recently broke the daily range after price action pushed above 95.000.
Currently price action seems to be ranging between 95.000 & 96.000 so we will have to wait for clear price action to make a decision.
If we are to look for long entries we need to see a clear continuation. Look for a bullish break of 96.000 with confirmed higher lows above.
Trade scenario 2: The other scenario is that ranging continues. If price action is to continue ranging we need to see rejection from 96.000 with strong bearish variations.
AUDJPY 4hour Analysis August 14th, 2022AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we are looking bullish on AJ. Going into this week we are going to look for reactions near our 95.000 resistance zone.
For us to continue bullish we need to see a significant high above 95.000 with a confirmed higher low above.
Trade scenario 2: For us to consider AJ bearish again we would need to see strong rejection from 95.000 with a lower high below.
Look to enter short and target lower toward major support levels.
AUDJPY 4hour Analysis August 7th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are clearly bearish on the 4hour timeframe with a good amount of volume present.
We want to continue bearish so ideally we see this double top form and price action starts to fall. Look for a confirmed lower high below our 93.000 zone for short entries.
Trade scenario 2: AJ has to prove a lot for us to see this pair as more bullish so until our 95.000 zone is broken we will remain mainly bearish on this timeframe.
AUDJPY 4hour Analysis July 31st, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Looking massively bearish on DXY from last week. Currently, price action is sitting at a low near our 93.000 level.
Ideally price action forms clear structure by pulling back to our 38.2% fib level then rejecting.
Trade scenario 2: On the other hand price action could still be pushing and we have not yet found our low.
Be patient for reactions around the current support level and follow which scenario price action goes for.
AUDJPY 4hour Analysis July 25th, 2022AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we are extremely bullish on AJ but how price action is acting around our 95.000 zone makes this chart tricky.
Ideally, we reverse near 95.000, as the pair is overextended, and start forming strong bearish characteristics.
Trade scenario 2: For this pair to look very clearly bullish we ideally need to see a clear break above 95.000 with a confirmed higher low above.
AUDJPY 4hour Analysis July 17th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Back to bullish for AJ. We recently broke a 4hour bearish trend when price action pushed through our 92.850 zone.
Going into this week we’re looking to continue bullish. Ideally we can spot some quality higher lows close to our 61.8% fib level for entry opportunities.
Trade scenario 2: For us to consider AJ more bearish we would need to see a break back through our 92.850 zone. If this happens and price action forms new structure we will consider entries on lower highs.
AUDJPY 4hour Analysis July 10th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are clearly bearish on AJ and it looks like we are going to continue with this bearish trend into the week based on what we can see right now.
Ideally, we spot a strong reversal near 92.850 with price action forming a lower high below. Look to enter short on strong bearish setups after the lower high.
Trade scenario 2: For us to consider AJ bullish again we would need to see a significant higher low above 92.850 with strong bullish setups to enter on.