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.
Aud-jpy
AUDJPY - Potential Bearish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on WEEKLY: Left Chart
AUDJPY is approaching a resistance zone so we will be looking for sell setups.
Knowing that AUDJPY can still trade higher inside the zone before going down.
That's why we don't sell blindly, we always zoom in to lower timeframes and wait for the bears to take over.
on H1: Right Chart
AUDJPY is forming a trendline in red but it is not ready to go yet.
Trigger => waiting for a new swing low to form and then sell after a momentum candle close below the last low in gray to sell.
Meanwhile, until the sell is activated, AUDJPY can still trade higher.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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 Next Possible MoveTechnical Analysis Chart Update
AUD / JPY ( Australian Dollar / Japanese Yen )
Time Frame - H2
It is in the Corrective Waves
According to the Pattern " Rising Wedge " it has Breakout the Lower Trend Line #LTL
It is Rejecting from the Daily Demand Zone
We have Strong Selling Divergence in #RSI
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 Potential Selling Opportunity!Hello Traders,
In this week's trading session we will be monitoring AUDJPY for a Selling opportunity in and around 93.5 OB zone. Once we get a bearish confirmation the trade will be executed and shared with our premium subscribers!
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AUDJPYLooks like the previous high was broken on the 1 hour timeframe. The Mac D has crossed over to the top side. RSI is also overbought. AUD strength may e exhausting at this level and may be close to time for a retracement. Would like to see a retracement of 38% or greater towards the previous low which was the last time the mac d was on the bottom side. Price has also been increasing while volume has shown some regression the past few hours. Let's see what happens.
Selling AUDJPY at market.AUDJPY - Intraday - We look to Sell at 94.00 (stop at 94.70)
Previous support located at 93.00.
Previous resistance located at 93.50.
Indecisive price action has resulted in sideways congestion on the intraday chart.
A move through 93.00 will confirm the bearish momentum.
Our profit targets will be 92.50 and 92.00
Resistance: 93.50 / 94.00 / 94.50
Support: 93.00 / 92.50 / 92.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
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 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.
Further upside is expected on AUDJPYAUDJPY - Intraday - We look to Buy at 96.25 (stop at 95.75)
Previous support located at 96.50. Previous resistance located at 97.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 96.25, resulting in improved risk/reward. A move through 97.00 will confirm the bullish momentum.
Our profit targets will be 97.75 and 98.00
Resistance: 97.00 / 97.50 / 98.00
Support: 96.50 / 96.25 / 96.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
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.