Diamond Formation on AUDJPY waiting for a breakoutDiamond has formed on AUDJPY.
The previous direction was up, so there is a slight higher chance of the price breaking up.
There are two scenarios that can play technically.
Break up from the pattern and the target is 99.59
Breakdown and the target is 85.75
Now we wait.
Audjpyanalysis
AUDJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on AUDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I have 2 POI, first one I see price to start bearish price action from here as price rejected from bearish orderblock or it could go higher to fill the imbalance and to reject from bearish orderblock around 93.500
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. In recent days, JPY became somewhat STRONG because of the BOJ INTERVENTION and the drop in US INFLATION. Even now, we see that the MARKET has somewhat MARKET RISK OFF. We expect AUDJPY to RETRACE to higher resistance.
Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up, and STOCKS should go down. The dollar should continue to strengthen as it has in recent days. FOMC UPDATE MUST BE HAWKISH FOR THAT. If MARKET RISK continues to be ON again, you can definitely BUY at 95.63 LEVEL. But somehow it may go down to 91.06 LEVEL before going UP. After that, AUDJPY may go up to 95.04 LEVEL. Anyway, if JPY continues to be WEAK, if the UP SIDE STRUCTURE is BREAKED, AUDJPY has a very good situation to BUY.
To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS.
If the dollar is strengthened by the FED, MARKETS RISK should be off. Then after JPY STRONG, AUDJPY can be LONG TERM BUY. audjpy
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 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.
DeGRAM | AUDJPY consolidationAUDJPY is trading in a descending channel, with a consolidation at support.
The market is testing the psychological level of 92.000, which is a swing zone as well.
Price action is printing lower lows and lower close, indicating a bearish trend.
We expect further consolidation until a new trend is confirmed .
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AUDJPY LongThe price formed a bearish flag, broke out at the lowest trend line, thus forming a bear trap. I am anticipating that the price will continue with the bullish momentum.
My entry position is at 92.1 just above the previous HH( I am using the pullback strategy for my trade).
My stop loss is at 91.1, at the end of the bullish engulfing candle of the trend. My Target R:R is 1:3, where my targets are 93.1, 94.1 , 95.1.
Kindly, do not risk more than 1-2 % of your account and if the trade will be activated, move your SL when the first target is hit!
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. In recent days, JPY became somewhat STRONG because of the BOJ INTERVENTION and the drop in US INFLATION. Even now, we see that the MARKET has somewhat MARKET RISK OFF. We expect AUDJPY to RETRACE to higher resistance.
Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up, and STOCKS should go down. The dollar should continue to strengthen as it has in recent days. FOMC UPDATE MUST BE HAWKISH FOR THAT. If MARKET RISK continues to be ON again, you can definitely BUY at 95.041 LEVEL. But somehow it may go down to the 90.50 level before going up. After that, AUDJPY may go up to 95.04 LEVEL. Anyway, if JPY continues to be WEAK, if the UP SIDE STRUCTURE is BREAKED, AUDJPY has a very good situation to BUY.
To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS.
If the dollar is strengthened by the FED, MARKETS RISK should be off. Then after JPY STRONG, AUDJPY can be LONG TERM BUY.
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.
🚨 AUD/JPY going short Hi traders I'm looking at going short once I see a reversal pattern here. If we can get a double top that would validate the entry. This pair will definitely drop from here, it's all about the entry and stop loss positioning. This trade if taken will be held for multiple days so be aware of any future economic data.
DeGRAM | AUDJPY lower lowsAUDJPY is making lower lows, an indication of the downtrend.
Price has reached the lower border of the descending channel , and now it's pulling back to recent resistance.
The market printed the perfect structure shelf for a short trade.
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Share your opinion in the comments and support the idea with Like. Thanks for your support!
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 could drop 500 pips in mediumtermSince the pandemic low at 60, AudJpy traded upwards with the pair gaining almost 4k pips and almost reaching the 100 figure.
However, since the top made at the end of April, the pair entered a rising wedge pattern and, at the end of September, has broken the rising trend line support of this.
In the past month, the 95 zone acted as a strong ceiling for AudJpy and the odds are in favor of down continuation.
Swing traders can target 86-87 zone support and look to sell rallies against 95
20 REASON FOR LONG AUD JPY🤑TOP DOWN ANALYSIS OVERVIEW🤑
🧐Eagle eye: Bear at bottom consolidation since 32 years
Monthly: After Feb of 2009 monthly time frame is in the total consolidation range bond, and the price also breaches the previous high OB
weekly: from march 2020 in a weekly time frame, a clear Bull run is started and also fill out the previous low OB and also makes some buy signals
1 Structure analysis time frame: Daily after a deep retracement and without breach protected low now price is sideways, but the bull is more substantial, so we always seek long entry
2 target time frame: Weekly
3 Current Move: sideways
4 Entry Time Frame: h4
4.1 Entry TF Structure: Narrow this time
4.2 entry move: Narrow
5 Support resistance base: Trend line
6 FIB:
7-candle Pattern: Narrow range
8 Chart Pattern: Triangle
9 Volume: Increase day-by-day total volume supports from march 2022
10 Momentum UNCONVENTIONAL Rsi: Sideways between 40/60
11 Volatility measure Bollinger bands: Tight squeeze
12-strength ADX: Sideways
13 Sentiment ROC: Japanese yen is the weakest currency in the majors
14 final comments: the bull is strong. Seek long entries only
15: decision: buy at trend line breakout
16 Entry: 94.223
17 Stop losel: 93.630
18 Take profit: 9990
19 Risk to reward Ratio: 1:11
Excepted Duration: 30 days
DeGRAM| AUDJPY down correctionAUDJPY is currently trading in an ascending channel.
The market failed to make a higher high at the resistance level .
Price movement formed a triangle pattern around the psychological level of 94.000.
We expect a bearish move.
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