AUDJPY broke and closed above a solid horizontal daily resistance. After a breakout, the price formed a bullish flag pattern on an hourly time frame. Its resistance breakout after a retest of a broken structure is a strong bullish confirmation. I anticipate growth now to 98,2 ❤️Please, support my work with like, thank you!❤️
The AUDJPY pair is trading within a Channel Up pattern that is currently rising on the 1D MA50 (blue trend-line). A recently formed Bullish Cross on the 1D MA50, calls for a potential short-term pull-back similar to the August 24 MACD Bullish Cross. We will wait for that opportunity near the 1D MA200 and buy, targeting Resistance 1 at...
There's talk of the BoJ lifting the limit on yields to 1.5% from 1% this week, which would be a very strong catalyst for the Yen to start showing some strength. We can see that this pair does not have any direction at the moment, trading in a flag pattern, but I don't see this as either bullish or bearish at the moment. I'm not sure how or when or if to trade...
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity AUDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
AUDJPY is on a 1-2-3 pattern like the one in July, currently on the 3rd led down. This is basically resembling Descending Triangle pattern. One last bearish leg to give before it breaks upwards. Trading Plan: 1. Sell on the current market price. Targets: 1. 94.000 (Support A). Tips: 1. The RSI (1d) patterns between the two sequences are also similar both inside...
Hello traders, 93.500 Could also be a good place to enter long trades. We'll watch this market!
AUDJPY - 24h expiry A lower correction is expected. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 94.75 will confirm the bullish momentum. The measured move target is 95.50. We look to Buy at 94.00 (stop at 93.60) Our profit targets will be 95.00 and 95.50 Resistance: 94.75 / 95.00 /...
The AUDJPY pair is testing the 1day MA50 today having formed Lower Highs since the June 19th peak. If the 1day MA50 breaks, the MA200 should be put up for testing but it is more likely to test the July 28th Low as the same weak pattern did in 2022. Sell and target 92.000 (over the 0.5 Fibonacci level). Follow us, like the idea and leave a comment below!!
I'm thinking short-term, many markets are closed, but this could be good for today! However, let's be cautious because a sudden spike could come at any moment! We are still within the daily range! GO FOR IT!
We saw some JPY strength last week and I think we could be starting to see reversal, however my confirmation of this will be below 93 support. Even though BoJ hasn't intervened yet, there was a lot of buying in the week which we saw against the USD, I still expect BoJ intervention soon. Nice pinbar rejection on the 4HR from my resistance block. Looking for a...
Hey Traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 94.600 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 94.600 support and resistance area. Trade safe, Joe.
Once again we saw AUD/JPY rally above 96 before reversing lower, which is a pattern we have seen occur four times since January 2022. A shooting start reversal formed on Friday and the cross fell around -4% Tuesday’s low, breaking a bullish trendline before finding support at the 200-day EMA, February high and 96 handle. We’ve seen two modest up days since,...
-- 30-Minute Chart The AUD/JPY pair is currently trading in a narrow range on the 30-minute chart. The pair is facing resistance at the 94.20 level and support at the 94.00 level. The RSI indicator is currently in overbought territory, suggesting that the pair may be due for a pullback. However, the MACD indicator is still generating bullish signals. -- 4-Hour...
Hey Traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 93.600 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 93.600 support and resistance area. Trade safe, Joe.
AUDJPY - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. The RSI is trending higher. A move through 95.75 will confirm the bullish...
The AUDJPY pair has turned the 1D MA50 (blue trend-line) into Support since last week's bullish break-out signal above the Lower Highs trend-line. That is a major bullish continuation call following the bottom on the 3-month Higher Lows Zone on March 27. The dashed Higher Lows has been supporting this uptrend and this seems to be the new bullish leg. The previous...
I'm expecting continued Aussie strength as the market expects China recovery is in progress. BoJ interest rate and minutes will be big news on Friday, but before then I expect to see a continuation up within the current rising channel, breaking and retest initial support around 95.6 to rise to test the 96.6 support. We're heading into very choppy waters now, and...
clear higher lows on trendline. break and retest forming. pinbar candle forming. bull flag forming. would be looking for longs into the extension of the fibonacci trace