AUDJPY Potential for Bearish Drop | 9th February 2023Looking at the H4 chart, my overall bias for AUDJPY is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market.
With price tapping into my pullback sell entry at 91.259, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 92.162, where the recent high is. Take profit will be at 88.118, where the previous swing low is.
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Aud-jpy
AUDJPY Potential for Bearish Drop | 8th February 2023Looking at the H4 chart, my overall bias for AUDJPY is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market.
With price tapping into my pullback sell entry at 91.259, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 92.162, where the recent high is. Take profit will be at 88.118, where the previous swing low is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDJPY Potential for Bearish Drop | 7th February 2023Looking at the H4 chart, my overall bias for AUDJPY is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market.
With price tapping into my pullback sell entry at 91.259, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 92.162, where the recent high is. Take profit will be at 88.118, where the previous swing low is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUD/JPY - Can the AUD outperform the JPY?COMMENTARY
The AUD seems to be gaining the most against the JPY compared to the following G10 Fx pairs including the NZD, CAD, EUR, and the USD in front of tomorrow's Reserve Bank of Australian (RBA) interest rate decision. High price action across the AUD cross pairs is expected upon tomorrow's RBA rate decision.
Current price for the AUD/JPY is above its 40 day moving average (bullish), MACD above its signal line (bullish), rate of change 13 day above its signal line (bullish); upside potential for a retest of the 92.8s provided price can remain above the 89.9 support; downside risk on break below the 89.9 support could position short sellers to target the 87.90 area.
Not investment advice. Past performance is not indicative of future results.
AUDJPY Potential for Bearish Drop | 6th February 2023Looking at the H4 chart, my overall bias for AUDJPY is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market.
Looking for a pullback sell entry at 91.259, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 92.162, where the recent high is. Take profit will be at 88.118, where the previous swing low is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDJPY: Expecting a drop this week - RBA Interest Rate DecisionI believe we'll see a drop in AUD against pairs this week, following the RBA Interest Rate Decision (Tuesday 7th Feb, 3.30am UK time).
Fundamentally, inflation is about where RBA believe it will peak. RBA don't like to hike rates, a 0.25% increase is expected, which I expect is already priced in. This should mean that if the rate doesn't change on Tuesday, or is the expected 0.25% then AUD will drop.
For AUDJPY, based on price action, it's just broken (and retested) a dynamic ascending trendline, as well as a weekly support, there is also a Pin Bar on the 8hr.
The 200MA is the only thing in the way, as far as I can see?
I'm going to be looking for LTF opportunities to short this pair at the start of the week.
AUDJPY Potential for Bearish Drop | 3rd February 2023Looking at the H4 chart, my overall bias for AUDJPY is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market.
Looking for a pullback sell entry at 91.259, where the overlap resistance and 38.2% Fibonacci line is. Stop loss will be at 92.162, where the recent high is. Take profit will be at 88.118, where the previous swing low is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDJPY on an ascending triangle 🦐AUDJPY on the chart appears to be creating an ascending triangle pattern, with rising lows below the 92.700 level.
This is a bullish pattern as it suggests that the market is finding support at this level and that bulls are pushing the price higher.
The resistance level is the horizontal upper structure of the triangle, where the price is repeatedly failing to break above.
A break above the resistance level could signal a potential uptrend in the near future.
This is because a break above resistance indicates that bulls are gaining control and pushing prices higher.
The move above the resistance level could also trigger a wave of buying activity, which could further propel the price higher.
Overall, the technical analysis suggests a bullish bias for AUDJPY in the short-term. Traders may want to consider buying on a break above the resistance level of 92.700 according to Plancton's strategy rules.
Please also pay attention to any potential changes in the broader market sentiment or economic data releases that could impact the currency pair.
Joe Gun2Head Trade - AUDJPY into resistanceTrade Idea: Selling AUDJPY
Reasoning: AUDJPY into the neckline of a H&S top on the daily.
Entry Level: 91.382
Take Profit Level: 89.38
Stop Loss: 92.02
Risk/Reward: 3.13:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses . There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
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 on a lower low 🦐AUDJPY on the 4h chart is moving within a huge range.
The price after the last bullish impulse took the liquidity at the range's high and is now dropping to the lower support.
The market is testing a weekly ascending trendline and later will probably move to the structure.
How can i approach this scenario?
I will wait for a potential break of the area and if that will happen i will look for a nice short order according to the Plancton's strategy rules.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AudJpy Sell Short termHi All,
we are looking at entering a short tell sell trade on this pair. First anticipation is the break of the uptrend trendline and retest to carry on the bearish momentum.
From this analysis we have narrow down our entry and can see bearish engulfing candle on the Daily.
Entry, Sl and Tp marked on chart.
Please like, follow and comment if you have any questions or even support.
many Thanks
AUDJPY It's Enough Now Go Down and Give Us ProfitGuys Enough is Enough...
AUDJPY is at a Strong Resistance Level and It has to go down no matter what!
Enter the Trade...
Set your TP for 30-50 PIPs, Whatever you beleive is right, I'm personnaly taking 30 for 80% of my contracts and 20% for the Rest
Enjoy the Analysis, Give me a Follow and a Boost, I'll love it as it's my new Profile...
Hope, I've talked Enough so let's get to the trade...
AUDJPY - Trend-Following Sell Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
AUDJPY has been overall bearish trading inside the blue channel and it is currently sitting around the upper trendline and orange supply zone, so we will be looking for sell setups on lower timeframes.
on M30: Right Chart
AUDJPY is forming a channel in red but it is not ready to go yet.
🏹Trigger => for the bears to take over, we need a break below the lower red trendline and gray zone.
Meanwhile, until the sell is activated, AUDJPY can still trade higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDJPY Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for AUDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 89.270, where the 50% Fibonacci line is. Stop loss will be at 91.056, where the previous swing high is. Take profit will be at 87.018, where the previous swing low is.
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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.