AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. The reason for that was that the MARKET SENTIMENT was somewhat POSITIVE with FED UPDATES. JPY WEAK AFTER BOJ MEETING.
Because of that, XXXJPY CURRENCIES went UP very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more.
Therefore, after JPY becomes PRICE, XXXJPY PRICES may be UP in the future. Even now, we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if the AUDJPY goes upside down again, the VIX should go down and the JPY should go up, and STOCKS should go up. The dollar should continue to strengthen as it has in recent days.
AUDJPY can definitely SELL at 89.26 LEVEL. But somehow, after that, AUDJPY may go UP to 95.54 LEVEL. Anyway, if JPY becomes WEAK, if the UP SIDE STRUCTURE is BREAK, there is a very good situation to BUY AUDJPY.
Audjpyanalysis
AUD/JPY showing strong downside after M Formation ti 88.35 Yen M Formation formed over the last few weeks.
Price has broken below the neckline showing downside to come.
200 >21>7
Price<200
RSI<50
Target 88.35 Yen
Interesting Facts
Australia is a major exporter of natural resources such as iron ore and coal, which are in high demand in Japan, a country with limited natural resources.
Japan is the largest foreign investor in Australia, with Japanese companies having a significant presence in industries such as automotive, electronics, and mining.
The AUD/JPY is often influenced by factors such as interest rate differentials between Australia and Japan, commodity prices, and economic indicators such as GDP growth and inflation.
The AUD/JPY has a high correlation with other commodity-linked currencies such as the Canadian dollar (CAD) and New Zealand dollar (NZD).
AUDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDJPY ShortThis price has been forming a rising flag for the past few weeks and I am anticipating that the price will continue with the bearish momentum that has been building for the past few days.
I patiently wait for the price to retest the resistance zone at 92.1, retouched and a bearish momentum has been formed.
My entry point is 91.5, my stop loss is at 92.4, just above the resistance zone.
My target is 88.4, as I am targeting that the rpuce will cover the balance created by the bullish momentum around zone 89.9 - 88.5
My target R:R for this trade is 1:4!
DeGRAM | AUDJPY in bullish trendAUDJPY is making higher highs, an indication of the bullish trend.
The market failed to broke and closed below the 91.500 which means bear run out of steam.
Price printed a perfect double bottom with divergence at the support level , which creates a buying opportunity.
We expect a retest of the major resistance level.
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AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. The reason for that was that the MARKET SENTIMENT was somewhat POSITIVE with FED UPDATES. JPY WEAK AFTER BOJ MEETING.
Because of that, XXXJPY CURRENCIES went UP very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more.
Therefore, after JPY becomes PRICE, XXXJPY PRICES may be UP in the future. Even now, we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if the AUDJPY goes upside down again, the VIX should go down and the JPY should go up, and STOCKS should go up. The dollar should continue to strengthen as it has in recent days.
AUDJPY can definitely SELL at 89.26 LEVEL. But somehow after that, AUDJPY may go UP to 95.50 LEVEL. Anyway, if JPY becomes WEAK, if the UP SIDE STRUCTURE is BREAK, there is a very good situation to BUY AUDJPY.
AUDJPY 24 FEB 2023As per Dow Theory this setup seems to form new Lower Low on 4hrs frame. As per daily Chart AUDJPY failing to make new highs since 13 SEP 22. On 20 Dec 22 price fall to make a new Lower low which is the confirmation of trend reversal. Strategy would be Short on strength on Lower time frames
Trade Plan
Short Call :
Entry Price : 91.734
Stop Loss : 93.237
Target Price 1 : 90.228
Target Price 2 : 88.748
( Lot Size 0.09 as per Capital of USD 10000 1% Risk)
DeGRAM | AUDJPY bullish opportunityAUDJPY is trading in the ascending channel, but the market is consolidating.
The market pulled back to the support level and global dynamic support.
We expect a retest of the resistance level since we have a consolidating market and the trend is obviously bullish.
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AUDJPY - Looking to Buy for a redeemable end to the weekHad a few positions not work out this week, its the way it goes. Just ensure you know your risk and trust your math. Always do what you can to keep this game logical, even though its hard!
Love this look and the current formation, you can see my buy limit level for a good RR so lets see what happens.
AUDJPY| Buy opportunity!Hello everyone,
I am paying attention to AUDJPY for a possible buy opportunity. The market is in a strong uptrend since December 2022 and it is more likely that it will continue to rise. I will wait for this market to come down to at least 91.70 and look for confirmation to go long.
Please support this idea with likes and if you have different opinion please do write in the comment section below.
Trade smart!
Forexintelligence
AUDJPY - Short active ✅Hello traders!
‼️ This is my perspective on AUDJPY .
Here I expect bearish price action as we can see that price took out buy stop liquidity above trendline, filled the imbalance and rejected from bearish order block.
‼️Attention!!! Due to the fact that we have news on AUD upcoming week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
Possible bullish run for AUDJPYFocusing on the daily timeframe and spotting a bullish flag pattern on the 4H timeframe.
AUDJPY could possibly resume a bullish trend alongside YEN-related pairs like CADJPY & SHFJPY.
The pair flag pattern formation stays a little around the golden ratio of the Fibonacci level 50% and 61.6%, making a very continuation level.
There is an alternative possibility of retesting the demand area again since it left on 19 Jan.
However, I am generally bullish and that is my bullish setup, if you find it helpful you might just want to check it out.
DeGRAM | AUDJPY short opportunityAUDJPY is consolidating between 91.500 and 90.500.
The market tested 50% fibo level. JPY pairs love 50% retracement.
Price at confluence level where: resistance at 91.500 + fibo level and dynmaic resistance.
We expect bearish move from confluence zone.
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Potential swing trade long on AUD/JPYAUD/JPY finally broke above trend resistance, the 200-day EMA and pivotal zone of 90.9 – 91.5. The 20-day EMA also provided support for two bullish hammers, which could mark the end of a shallow retracement from its breakout move higher. The bias remains bearish above this week’s lows and for a move towards the high around 93.
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. The reason for that was that the MARKET SENTIMENT was somewhat POSITIVE with FED UPDATES. JPY WEAK AFTER BOJ MEETING.
Because of that, XXXJPY CURRENCIES went UP very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more.
Therefore, after JPY becomes PRICE, XXXJPY PRICES may be UP in the future. Even now, we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if the AUDJPY goes upside down again, the VIX should go down and the JPY should go up, and STOCKS should go up. The dollar should continue to strengthen as it has in recent days.
AUDJPY can definitely SELL at 89.26 LEVEL. But somehow after that, AUDJPY may go UP to 95.50 LEVEL. Anyway, if JPY becomes WEAK, if the UP SIDE STRUCTURE is BREAK, there is a very good situation to BUY AUDJPY.