AUD-JPY Local Long From Support! Buy!
Hello,Traders!
AUD-JPY is trading in an
Uptrend along the rising
Support and we are already
Seeing a bullish reaction
So I think that the pair will
Retest the horizontal
Resistance above at 94.84
Buy!
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AUDJPY
AUDJPYAUDJPY was trading in bullish parallel channel and then has given very strong break out from channel. Currently the price is retesting the broken levels which is also a 38% fib retracement and it seems like the bears will take control again and send the price even lower level.
What you guys think of this idea?
AUDJPY H4 | Falling to 38.2% Fibo supportAUDJPY is falling towards the buy entry at 94.281 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level and could potentially reverse from here to bounce higher.
Stop loss is at 93.450 which is a level that sits below a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 95.064 which is a swing-high resistance level.
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Weekly Candle closure suggests Upside / AudJpy 🛩️Hello Traders! A different post today as we are talking about AudJpy when we usually share our thoughts on EurUsd.
0:0 Monthly timeframe
2:53 Weekly timeframe
6:35 Daily timeframe
8:52 4hr timeframe
12:30 1hr timeframe
Yen pairs have a bit of a different personaility then when it comes to trading Eurusd. The moves can be alot more harsh and unrelenting. For example trading a yen pair it may be the case that we don't recieve a retest when in the process of breaking out. Versus on Eurusd we may see a retest and price will respect level's in a more clean fashion. AudJpy previous weekly candle closed bullish above the previous weekly resistance level created during the 2nd week of August at 94.107. This confirms a change to bullish market structure and potential upside this week back to 94.69 Daily resistance zone and 95 4hr resistance zone. Our previous weekly resistance level at 94.119 which we closed above last week may now turn into a weekly support level and facilitate a move to the upside. Other key level's include Daily support level 93.559, and 4hr support level's 93.9 and 93.73. Aud Interest rates have been increasing since May 2022 but observing the Weekly timeframe, not much has happened with regard to the strength of the AUD on this pair. Interest rates are anticipated to be released tomorrow 4 hours after asian session open and it may act as a catalyst to observe a continuation back up towards structural highs at 95. Otherwise we may observe a decrease back towards 93.559 and a failed breakout to the upside on the Daily/Weekly timeframes.
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 :-)
AUDJPYThe rebound was from a very important and stubborn point 95,000, reaching the highest point since the beginning of the trend, 93,000, and after all indicators were saturated, and here we are talking technically, we must go back to the same point 93,000, but with some reversals, including 94.6, which is an important resistance line, but we must enter from where it was determined. The entry point is the most secure
AJ - PRICE GOT REJECTED FROM STRONG RESISTANTH4 time frame: Price got rejected from strong resistant.
Let's monitor price action in smaller time frame and look for SELL
JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER.
FX:AUDJPY OANDA:AUDJPY
AUDJPY Long Term BUYING Trading IdeaHello Traders
In This Chart AUDJPY HOURLY Forex Forecast By FOREX PLANET
today AUDJPY analysis 👆
🟢This Chart includes_ (AUDJPY market update)
🟢What is The Next Opportunity on AUDJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDJPY: Short Trade with Entry/SL/TP
AUDJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short AUDJPY
Entry Point - 94.766
Stop Loss - 95.314
Take Profit - 93.646
Our Risk - 1%
Start protection of your profits from lower levels
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AUDJPY - 4hrs ( Buy Trade Target Range 180 PIP ) Pair Name : AUD/JPY
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Long )
Type : Mid Term Swing
Bullish Break
94.800 Area
Bearish Reversal
96.500
AUDJPY: Bearish Continuation is Expected! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDJPY pair price action which suggests a high likelihood of a coming move down.
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AUDJPY Potential UpsidesHey Traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 93.600 zone, AUDJPY is trading 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 zone.
Trade safe, Joe.
AUDJPY - Trend-Following Setup ↘️ AGAINHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last AUDJPY analysis, attached on the chart, we were looking for trend-following sell setups around the upper red trendline.
Now AUDJPY is retesting that upper trendline again, so we will be looking for new sell setups.
As per my trading style:
As AUDJPY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDJPY Bearish AnalysisAJ is presently in a bearish trend on a higher timeframe, if the price breaks below the trendline and support, I will look for a sell entry to the targeted area below. However if price continues to go up and breaks the trendline above, my bias will change to bullish.
What's your bias?
kindly comment below
AUDJPY H4 | Falling to pullback supportAUDJPY is falling towards a pullback support level and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 93.305
Why we like it:
There is a pullback support
Stop Loss: 92.899
Why we like it:
There is a pullback support that aligns close to the 78.6% Fibonacci retracement level
Take Profit: 94.139
Why we like it:
There is a pullback resistance that aligns with the 61.8% 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.
AJ - BULLISH FLAG PATTERN + DEMAND / SUPPORT ZONEFrom Daily time frame, we can see that price got rejected at strong support/demand zone below. It also form a nice BULLISH FLAG PATTERN. Let's wait for breakout happen.
Then we can look for BUY opportunity.
JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER.
From bearish to bullishThis pair has shown us a clear change in market structure by making a pullback to the fair value gap and went aggressively bullish. The aggressive move made an internal liquidity grab which can also be regarded change of character. The expectation should be a minor bearish move to the indicated demand zone, the reaction shall give us a clear indication that buyers are in power or we should see a further drop to the unmitigated order block to give buyers a complete control of the market…
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 :-)