AUDJPY: Market Sentiment & Price Action
Here is our technical outlook for AUDJPY.
Our analysis is based on fundamental & technical metrics.
According to our drawing AUDJPY is coiling on supply zone.
Based on our analysis the price will drop
to the next support level.
Please, support our analysis with like and comment!
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Audjpy-short
AUDJPY: Will Keep Growing! The Next Goal is:
Here is our technical outlook for AUDJPY.
Our analysis is based on fundamental & technical metrics.
According to our chart AUDJPY reached a strong supply cluster.
Based on our view the price will drop
to the next support level.
Please, leave a comment and support us with like.
❤️ Please, support our work with like & comment! ❤️
AUDJPY: Weak Market & Bearish Continuation
Here is our technical outlook on AUDJPY.
Our analysis is based on fundamental & technical metrics.
According to our drawing AUDJPY reached a strong resistance.
Based on our technical analysis the price will dump
to the next support level.
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we could Sell AUDJPY nowAudjpy was in down trend and it has small up trend recently in H3 time frame but it was broken so we sell in its rallies with detail trading plan as below.
AUDJPY
TYPE : SELL
TF : H3
ENTRY PRICE : 81.95
STOP LOSS : 82.57 (38 PIPS)
TAKE PROFIT : TP1: 81.75 TP2: 81.40 TP3: 81.05 TP4: 80.50 TP5: 79.82
AUDJPY - FOREX - 05. MAY. 2021Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Bearish pa and pressure towards main sr level.
4 HOUR
Price broke below main sr level.
DAILY
Great bearish market structure..
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FOREX SETUP
SELL AUDJPY
ENTRY LEVEL @ 84.450
SL @ 84.930
TP @ 83.670
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
AUDJPY return to trend and FALL to SUPPORT lineSince November 2019, the price has been increasing. However, it was not in an uptrend all this time. After the price left it in February last year, it was able to return to the trend only in February 2021. Breaking through the strong support zone at the intersection of the trend line and the 80.55 level.
After the breakout, the price continued to move in the trend and returned to support 82.21 last week. From which she began to grow. I expect the price to touch the 86.03 resistance and then drop to support at 83.48. This will be our goal.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDJPY WeaknessPrice shown on daily having hard time within the 85.0 and 85.5 range as a double touch of this range can be seen. Zooming into the 4h timeframe, you can see a clear break of the uptrend after a hard rejection from the daily zone. A retest and rejection followed. Pushdown, consolidation, pushup and rejection. This rejection was lower than the original, even though just a small amount. On 1h, bearish break of consolidation. Retest of the 84.0 level with a hard rejection. Closing the last hour with a bearish gravestone. Looking for sells toward the 82.4 daily recent low.
AUDJPY Daily
AUDJPY 4h
AUDJPY 1h
AUDJPY reversal in trend and start of a new FALLMarch for the price began with a false breakdown of the resistance line at 83.83, then there was a strong price collapse, an attempt to break through the support line at 82.31. After that, the price finally returned to the uptrend, which has been adhered to since November 2020.
During the growth in this trend since the beginning of March, the price again reached the resistance line and touched it at 84.78. It is already clear that the price reversed from this line and showed a slight downward movement. And I expect it to continue to fall. So my final target is the 83.67 support line.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻