Hey traders, in today's trading session we are monitoring AUDJPY for a selling opportunity around 93.8 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Bias: Open Market Cycle Phase: n/a Thursdays push cancelled out as price retraced over 65%. MP in confluence with last week's POC could provide a nice short opportunity.
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are still overall bullish on AJ and we can identify our key zone around 93.000. As long as we are above 93.000 we are generally bullish. Look for strong rejection off 93.000 with clear characteristics of a bullish trend. Look to ride the trend and only enter...
AUD FUNDAMENTAL OUTLOOK: WEAK BULLISH BASELINE Despite a decent recovery from the start of the year, the AUD has struggled in the midst underlying negative risk sentiment, but the bigger short-term negative driver has been China’s covid struggles. China’s economy is always a key focus point for the AUD. While all major economies are expected to slow this...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are looking bullish on AJ and we are currently seeing a pullback to our 95.000 support zone. How price action reacts at this zone will determine where we look for trades next. Ideally, price action forms structure and continues higher. Look to enter long on...
Hello Traders, here is the full analysis for the pair AudJpy , let me know in the comment section below if you have any questions. The ellipse could represent a possible zone with good risk/reward to accumulate short position. Please note that all the information and publications here are not meant to be, and do not constitute, financial, investment, trading, or...
Expecting a strong upside rally on the AUD/JPY off the back of strong rate hike news expected out of Australia in the coming half hour, we could see strong volume enter the market pushing price towards indicated profit target at TP - 1, will continue to monitor this as it plays out.
Bullish bias as the AUD, higher highs incoming and the weak JPY to boost price
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: All timeframes are back to bullish as we saw a massive rally last week all the way up to 95.000 resistance. From here we’re expecting some sort of reaction but we are far from any trade scenarios. For us to consider long scenarios further on AJ we need to see...
Shorting opportunity for AUD/JPY/ Having hit a strong Monthly Resistance level, there can be an idea of a perfect shorting opportunity. After the news of the Home Loans MoM. being forecasted at -1% and actually being -7.3%, has seen a large push to the upside for all pairs against the AUD pair. This price is tremendously high and the if the the Monthly S/R, can...
This is an update of the AUDJPY pair on my previous sell signal upon the 1D RSI Resistance rejection, as illustrated below: With the price now recovered from the sub 88.000 level, the pair is waving a buy signal as it broke above both the 1D MA50 (blue trend-line) and the 0.618 Fibonacci retracement level. Since it started trading on this long-term Fibonacci...
Expecting some upside volume today on the AUD off the back of upcoming GDP figures released in the coming half hour, this is not financial advice.
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: AJ is looking newly bullish as we broke back above 91.000 resistance. From here we’re looking for new structure in the form of a higher low close to 91.000. Look to target higher toward 92.850 Trade scenario 2: For us to consider AJ bearish we need to break...
AUD/JPY: H1 Ausbruchs/Trendtrade - inner downward trend breakout - first HH outside of structure - High Volume POC below current price level - inner upward trend established: HLs und HHs Upward momentum intact. Targetting the outer downwad channel trendlinie ✅ Check out my bio to receive more Wall Street Setups
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still pretty bearish on AJ. Currently we are looking for strong rejection from resistance and conviction to enter short on. Look to target lower toward 88.000 support. Trade scenario 2: For us to consider AJ bullish we need to see structure in the form...
In this video we see where the market price on AUDJPY has created an M patter and has since retested its neckline and is now expected to reject the level for another move to the downside. Like, Comment, Share and Follow. Thanks!
-INTRODUCTION- After reaching a new low at the 87.50 level last week, AUDJPY retraced and retested the 91.10 resistance level. The price tested 91.10 level twice before dropping down to break the bearish flag channel. As we forecasted in our previous AUDJPY analysis, we expected a bearish trend continuation after a retracement and that price could retest the...