EURJPY, USDJPY, GBPJPY: Thoughts and AnalysisWelcome to 2024 Traders and Tradingview community. So far this week, we have seen plenty of volatility to start the new year. Crypto has seen solid moves, and the USD has been mainly positive into the first week of the year.
The JPY has also been seeing movement, but mainly to the downside into 2024. It's the majors that have caught our attention today as we have watched higher moves contnue. We have run over the USD, GBP, and EUR to the JPY and reviewed what we like and what we are looking for to see further higher moves and possibly new trends or continuations develop.
What do you think? Could we see new continuations if we see pullbacks and new higher highs?
AUDJPY
AUDJPY TREND BROKE BULLISH 1H TFAUDJPY broke a parallel bearish channel and now started making HH's. Buy Stop placed at 50% FIB retracement level. You can also place at 60% or at the top of parallel channel. You can also wait for the HL to be formed and start at a trade at CMP. What do you think guys, price will go up?
AUDJPY Day | Rising to resistance levelThe price could continue rising from buy entry level and rise to the take profit level.
Buy entry is at 96.177 which is a pullback support level.
Stop loss is at 95.001 which is a level that sits below a pullback support.
Take profit is at 98.492 which is a swing-high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
YEMI_FX1 | BULLISH OPPORTUNITY Compliment of the season everyone 👋,
So today, my bias on OANDA:AUDJPY is bullish. From the 1HTF there's a channel like structure having it lower dynamic trendline intersecting with the support base. Price has responded to the lower trendline. I'm looking forward for price to test the support level again before going long on this Pair.
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AUDJPY Technical Analysis and Trade IdeaIn this video analysis, we closely examine the AUDJPY currency pair. We've identified a break below a prior low, indicating a downtrend. Considering the present weakness in the Australian dollar and the prevailing strength in the yen, I'm eyeing a potential selling opportunity.
At the moment, the price has stretched significantly into a crucial support area. As outlined in the video, we're anticipating a potential pullback, particularly around the New York open, provided the conditions discussed in the video align.
It's crucial to note that this analysis is purely for educational purposes and should not be construed as financial advice.
YEMI_FX1 | LONG OPPORTUNITY ON AJFrom 4HTF OANDA:AUDJPY is showing an overall bullish bias ( Bullish flag pattern).
Currently on On 1HTF we've an overall bullish bias also( Bullish flag pattern but not fully formed)Waiting for the validation of the second touch before going long on this.
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Aussie Yen: Bullish Outlook as BOJ Maintains Ultra-Loose PolicyHi Realistic Traders. Here's my price action analysis on FX:AUDJPY !
The AUD/JPY pair has consistently established higher highs and higher lows, successfully surpassing the EMA200 Line. This upward shift above the EMA200 line unequivocally signals a bullish trend. Subsequently, it formed a symmetrical triangle pattern and decisively breached the upper trendline of this configuration. Such a breakout typically serves as confirmation of a potential upward movement toward the designated target.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Fundamental Driver
On Dec 19, The Bank of Japan (BoJ) decided to maintain its overnight interest rates at minus 0.1% and has made no changes to its yield curve controls. Governor Kazuo Ueda, in a press conference after the BoJ's last meeting of 2023, acknowledged an improved outlook for achieving the inflation target but emphasized that the central bank is not currently prepared to outline an exit strategy from its ultra-loose monetary policy. The governor cited a lack of urgency to adjust policy before the US Federal Reserve potentially considers cutting rates in the coming year. The decision has led to a decrease in the value of the yen, supporting the potential bull run of Aussie Yen.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Aussie Yen."
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
AUDJPY Analysis. Swing trade Signal!Hello Everyone. i want share my idea about AUDJPY.
We have at some good and interesting point price action. I am looking long time to JPY index which was pretty bearish but finally find some buyers which pushed the price upside. JPY index bullish moves almost all pair fall strong and they have correction now. AUDJPY is so interesting the price action after strong fall found Buyers who pushed the price and broke resistances which was daily and 4h but it stopped to daily resistance at 97.500 where it got first time strong sell and today it tested second time where it got strong sell again, but will be that sellers enough to continue downside movement? i think yes if it will be not my position is ready for stay strong if it will start buy side liquidity. My daily Fibonacci tool shoves me price came into high sell zone where it has some rejections from sellers. I think that rejection was pretty good at daily resistance, in Asia session i am waiting more huge moves which will show me real price action.
Here is my scenes for my signal.
Scene 1 - Price has pretty good reaction at daily resistance where seller take control and price will continue fall.
Scene 2 - Price don't have enough Seller, for that market maker will active more sellers with buyside liquidity, it will make false brake out and then price will continue fall.
Scene 3 - Buyers has control, they will brake daily resistance then test it and price action will stop me when i will be wrong.
Always manage your risk and make your own research!
AUDJPY My Opinion! SELL!
My dear followers,
I analysed this chart on AUDJPY and concluded the following:
The market is trading on 97.508 pivot level.
Bias -Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 96.574
Safe Stop Loss - 97.982
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
AUDJPY H4 | Falling to 38.2% Fibo supportAUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 96.377 which is a pullback support that aligns with the 38.2 Fibonacci retracement level.
Stop loss is at 95.330 which is a level that sits under a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 97.452 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUDJPY Sell/ShortAUDJPY has faked out on the daily and took a downward trend instead. I have observed AJ for the last few days and can firmly say I confirm a downtrend for the next few weeks following into the new years. Below I have the signals inputs so please use proper risk management when entering. Thank you.
AUDJPY Short/Sell
ENTRY: 96.431
TAKE PROFITS:
TP 1: 93.832
TP 2: 90.401
SL: 97.584
Please use proper risk management upon entering this trade.
AUDJPY Is Going Up! Buy!
Here is our detailed technical review for AUDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 96.508.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 99.288 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
AUDJPYIs AUDJPY exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 95.5 What you guys think of it?
AUDJPY H4 | Rising into resistanceAUD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target.
Entry: 98.053
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci projection level
Stop Loss: 98.583
Why we like it:
There is a pullback resistance that aligns with the 78.6% Fibonacci projection level
Take Profit: 97.055
Why we like it:
There is an overlap support level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDJPY - Potential short opportunity ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bearish market structure from higher timeframe perspective. For now I expect bearish price action after price filled the imbalance and rejected from bearish order block + institutional big figure 97.000.
Like, comment and subscribe to be in touch with my content!
audjpy sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUD/JPY H4 | Dropping to 61.8% Fibo supportAUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 95.673 which is a pullback support that aligns close to the 61.8% Fibonacci retracement.
Stop loss is at 94.430 which is a level that sits under a pullback support and the 61.8% Fibonacci projection level.
Take profit is at 97.291 which is a pullback resistance that sits under the 78.6% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUD/JPY H4 | Falling to 50% Fibo supportAUD/JPY is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target.
Entry: 96.100
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 95.484
Why we like it:
There is a pullback support that sits under the 61.8% Fibonacci retracement level
Take Profit: 97.360
Why we like it:
There is a pullback resistance level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.