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AUDJPY

AUDJPY Technical Analysis and Trade Idea Asian SessionAnalysing the AUDJPY currency pair, it's evident that it has encountered a pivotal support level following a robust bearish momentum. Presently, price appears overextended, which may trigger a retracement. As always, comprehensive insights are provided in the accompanying video, where we delve into aspects such as price action, market structure, and other critical elements of technical analysis. It's essential to emphasize that the content presented here is solely for educational purposes and should not be construed as financial advice. It is paramount to exercise prudent risk management practices when engaging in trading activities.
by fxtraderanthony
AUD/JPY: A Currency Pair Poised for GrowthAUD/JPY currency pair is trading at around the marked levels. Please read the analysis on the chart, as well as the explanations in the comments. Thank you. Technical Analysis: On the 30-minute chart, the AUD/JPY currency pair is trading in a bullish trend. The price is above the 50-period and 200-period simple moving averages. The MACD indicator is also bullish, with the signal line above the MACD line. The Elliot Wave Analysis in this case shows a continuation of the bullish impulse. I marked the first potential level of the Wave 5. It can extend after that level, or a correction may start (short term). On the 4-hour chart, the AUD/JPY currency pair is also trading in a bullish trend. The price is above the 50-period and 200-period simple moving averages. The MACD indicator is also bullish, with the signal line above the MACD line. On the daily chart, the AUD/JPY currency pair is trading in a bullish trend. The price is above the 50-period and 200-period simple moving averages. The MACD indicator is also bullish, with the signal line above the MACD line. Overall, the fundamental and technical analysis suggests that the AUD/JPY currency pair is likely to continue trading in a bullish trend in the near term. Fundamental Analysis: The Australian economy is currently facing a number of challenges, including a slowdown in China, rising inflation, and a trade deficit. However, the Australian economy is still expected to grow at a modest pace in 2023. The Japanese economy is also facing a number of challenges, including an aging population, a shrinking workforce, and a high debt burden. However, the Japanese economy is expected to avoid recession in 2023. I hope this post is helpful. This analysis represents my thoughts at the date it is posted. This analysis does not represent professional and/or financial advice. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content found on this profile before making any decisions based on such information. Any feedback is encouraged and appreciated. Thank you and have a nice day!
Long
by YExplore
AUDJPY to see a lower correction?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 momentum. We look to Buy at 95.00 (stop at 94.68) Our profit targets will be 95.80 and 96.10 Resistance: 95.75 / 96.00 / 96.25 Support: 95.25 / 95.00 / 94.50 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
AUDJPY Strong Lower Highs bullish break-out.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 two such rises during these 3 years have reached at least +17.40%. As a result our buy target is 101.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
AUDJPY: Expecting a strong start to the week before BoJI'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 I expect BoJ to start defending their currency so I'm mindful to have very tight SL's up here, moving to BE as soon as possible and ultimately preparing for a reversal, but I think there's a little way to go yet. With Aussie building momentum I feel confident in still being long here, but being uber-careful as you never know what will happen!
Long
by Finchcliffe
2
AUDJPY Massive Short! SELL! My dear friends, Please, find my technical outlook for AUDJPY below: The price is coiling around a solid key level - 95.050 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 94.423 Safe Stop Loss - 95.434 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
5
AUDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
AUDJPY H4 | Rising into resistance?AUDJPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 94.937 which is a pullback resistance that aligns close to the 127.2% Fibonacci extension level. Stop loss is at 95.550 which is a level that sits above the 161.8% Fibonacci extension level. Take profit is at 93.748 which is a pullback support. 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. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 74% 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. FXCM Australia 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.
Short
by FXCM
1
AUDJPY The Target Is DOWN! SELL! My dear subscribers, This is my opinion on the AUDJPY next move: The instrument tests an important psychological level 94.833 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 93.317 My Stop Loss - 95.063 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
AUD/JPY - The Price of PatienceThe AUD/JPY pair is trading in a sideways range on the 30-minute chart, with the price currently consolidating between the 94.20 and 94.40 levels. The pair has been trading in this range for the past few days, and it is unclear which way it will break out. Fundamental Analysis The fundamental factors that are affecting the AUD/JPY pair include the following: The Australian economy is growing at a slower pace than expected, which is weighing on the Australian dollar. The Japanese economy is also growing at a slower pace, but the Bank of Japan is expected to keep interest rates low, which is supportive of the Japanese yen. The risk appetite of investors is declining, which is making them less willing to hold riskier assets like the Australian dollar. Technical Analysis The technical indicators on the 30-minute chart are mixed. The RSI is neutral, while the MACD is bearish. The stochastic oscillator is also bearish, but it is starting to turn up. Conclusion The AUD/JPY pair is trading in a sideways range on the 30-minute chart. The fundamental factors are mixed, and the technical indicators are also mixed. The pair is likely to remain range-bound for the time being, but it could break out to the upside or downside if there is a significant change in the fundamental or technical factors.
by YExplore
AUDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
AUDJPY H4 | Reacting off resistance level?Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 94.19, which is an overlap resistance. Our take profit will be at 93.81, an overlap support level. The stop loss will be placed at 94.45, which is a pullback 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. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 74% 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. FXCM Australia 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.
Short
by FXCM