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AUDJPY

AUDJPY Our trading plan on this Channel Up.The AUDJPY pair gave us the pull-back we wanted last time (November 03) and delivered a buy opportunity that hit our 97.675 target (see chart below): The price has since pull-back and rebounded just before testing the 1D MA200 (orange trend-line). Even though it is still restrained below the 1D MA50 (blue trend-line), as long as the 1D MA200 holds, we expect this sequence to be the new bullish leg of the Channel Up, similar to the post July 28 bottom. The Higher High that followed, peaked just above the 1.136 Fibonacci extension level and as a result, our current target is 99.300. If however the price breaks and closes a 1D candle below the 1D MA200, we will take the loss and attempt to cover it by shorting towards 91.800 (Support 1). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
AUDJPY H1 | Rising to resistance levelPrice is rising towards an overlap resistance level and could break through this level. Buy entry is 94.664 which is a pullback resistance. Stop loss is at 93.880 which is a swing-low support level. Take profit is at 96.147 which is an overlap 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.
Long
by FXCM
AUDJPY H4 | Falling to 61.8% Fibo supportAUD/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 94.672 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement level Stop Loss: 93.746 Why we like it: There is a swing-low support level Take Profit: 96.215 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement 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.
Long
by VantageMarkets
AUDJPY Technical Analysis And Trade IdeaRecently the AUDJPY pair exhibited a notable breach in market structure, signalling a potential selling opportunity. This video looks at this trend, offering a quick analysis of price actions across both weekly and daily charts. It's important to underscore that the information shared is for educational purposes only. While the analysis offers valuable insights, it's imperative to avoid interpreting it as personalized financial advice or guidance.
Short
by fxtraderanthony
AUD/JPY Analysis: Rate Falls to Important SupportThis morning, the AUD/JPY rate dropped below 95.2 yen per Australian dollar for the first time since late October. The weakening of the AUD was contributed by: → negative news regarding the Chinese economy. The Hang Seng Index set its 2023 low yesterday; → Australian GDP data published yesterday, which is growing at a weaker-than-expected pace. And the strengthening of the yen occurs against the backdrop of expectations of an increase in interest rates in Japan, which intensified according to the statement of the head of the Bank of Japan. Kazuo Ueda said yesterday the central bank has several options for targeting interest rates once it gets short-term borrowing costs out of negative territory. At the same time, the AUD/JPY chart shows that: → the rate has reached important support from the lower border of the channel shown in blue; → the rate has broken through the level of 96.25, and now the level may act as resistance; → RSI dropped into the extreme oversold zone. This increases the temptation for bears to take profits. Given these factors, it is reasonable to assume that the market is vulnerable to a short-term bullish correction after a strong downward impulse. However, if the current fundamental background does not change, it is possible that the strengthening yen will break through important support in the pair against AUD in December (which is also true for other currencies). This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
3
AUDJPY H4 | Falling to support level?AUDJPY is falling from a pullback resistance toward our take-profit target level. Entry: 96.789 Why we like it: There is the pullback resistance level Stop Loss: 96.870 Why we like it: There is the overlap resistance level. Take Profit:95.288 Why we like it: There is the pullback 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.
Short
by VantageMarkets
AUDJPY | COULD BE A GOOD REVERSAL BUY? Hey Traders! AUDJPY - although its definitely trending to the downside, I feel we might have a push to the upside due to it sitting on 50 daily moving average, while also sitting on a strong monthly support pivot point. I highly doubt its going to break it easily and this makes for a great trading opportunity, AUD is currently being bought by hedge funds while jpy is being sold off. Since we are going against the trend, your risk management plan should be tight and a lower lot size is recommended.
Long
by FX-TradingLions
AUDJPY Set To Fall! SELL! My dear followers, This is my opinion on the AUDJPY next move: The asset is approaching an important pivot point 98.052 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 97.444 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
AUDJPY SHORT(Did this publishing on my mobile app.) On the Daily timeframe, a potential ABC pattern has been spotted. If you look left, the ABC pattern from the past is what I’m referring to. The RSI is overbought at this level and there is also a potential divergence being created between price and RSI. Buyers seem to still want to push but the effort in action seems like it’s gassing. Took an initial entry with a 1:1 setup and may start planning for an additional entry depending on price movement down the road. This is a weekly/ daily trade and will take some time. Not advice. If stop loss gets hit, we will reassess.
Short
by Redimere_91
4