AUDJPY LONGAUDJPY remains bullish on higher time frames. This is clear as we can see price continues to make higher highs and higher lows.
We have also spotted a counter trendline breakout in the direction of the bigger picture trend, which singles the potential end
of a pull back and the start of a continuation to the upside.
Audjpydaily
AUDJPY - MARKET SENTIMENT#AUDJPY
AUDJPY is going down a bit due to MARKET RISK OFF in the previous days, JPY became a bit STRONG due to BOJ INTERVENTION. 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 in this way. If MARKET RISK is ON, you can definitely BUY at 97.00 LEVEL. Currently, MARKET RISK is ON. But somehow it may go down to 93.36 LEVEL before going UP. After that, AUDJPY may go up to 97.09 LEVEL. Anyway, if JPY continues to be STRONG, if the MAIN TREND LINE is BREAKED, AUDJPY can definitely SELL at 89.74 LEVEL.
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 ShortWell, in the previous analysis, I predicted that the price of this pair will be of bearish momentum. The movement enabled us to take profits @ 92.5 and 91.5. The price is back at the major resistance zone. And I anticipate that this might be the last bullish attempt before the price goes back to bearish momentum.
I am adding my entries @ 93.5.
Tp 1 @ 92.5, Tp2 - 91.5, Tp3 - 90.5, Tp4 - 89.5.
My SL is @ 94.5 thus making my R:R = 1: 4.
Remember, risk only 1 -2 % of your account.
AUDJPY - Short from bearish orderblock ✅ Hello traders!
⁉️This is my analysis on AUDJPY .
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to fill the imbalance and to reject from bearish orderblock + institutional big figure 94.000.
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AUDJPY ShortUnfortunately, I was stopped out from the previous analysis. I believe that I entered the position too early, thus being stopped out.
The price has formed another rising channel / flag, currently @ 94.0, which seems like a bullish trap. This might be the last attempt of the bulls trying to outperform the bearish. If the price completes the rising channel, I will enter the trade @93.5
I am anticipating the momentum will continue, then a rising channel will be formed thus a major indicator of a bearish momentum.
Entry @ 93.5 Sl @ 94.5 and target @ 89.5
My R:R is 1: 4
Remember, risk 1 - 2 % of the account.
AUDJPY - Long from bullish orderblock ✅Hello traders!
⁉️This is my analysis on AUDJPY.
Here we are in a bullish market structure from a higher timeframe perspective, so I am looking only for longs. I expect price to continue the retracement and if price fills the imbalanc below and rejects from bullish orderblock + institutional big figure 91.000 I will open a long position.
Pay attention on news about Cash Rate on AUD that will be announced on Tuesday. If we see an increase of rate, it means strong AUD, that will support our move.
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AUDJPY - IS MARKET SENTMENT STILL SUPPORT TO THE AUDJPY ??#AUDJPY
AUDJPY is going down a bit due to MARKET RISK OFF in the previous days. But even now we see that the MARKET is somewhat MARKET RISK ON. 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 in this way. If MARKET RISK is ON, you can definitely BUY at 96.67 LEVEL. Currently, the market risk is off. But somehow it can go UP to 96.67 LEVEL before going DOWN. After that, AUDJPY may go down to 91.39 LEVEL.
To SELL AUDJPY, VIX must be UP and SNP500 must be DOWN. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be DOWN. 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 AUDJPY may become LONG TERM SELL after JPY STRONG. audjpy
AUDJPY possible buy zone!!AUDJPY
4h : the price has broken out local resistance which
turns support, long term trend is up
Daily : Pirce is in a strong bullish trend
Weekly : Market printed strong bullish engulfer in the past week
Monthly : long-term bullish trend
A buy trade is high probable on the retest of previous resistance as support after rejection
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
In the previous days, AUDJPY was slightly UP due to MARKET RISK ON. But even now we see that the MARKET is somewhat MARKET RISK ON. We expect the AUDJPY to bounce back to the upper resistance.
Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up, and STOCKS should go down. If MARKET RISK is OFF, you can definitely SELL at 91.39 LEVEL. For that, MARKET RISK should be OFF. Currently, the market risk is off. But somehow it can go up to 97.37 LEVEL before that. After that, AUDJPY may go down to 93.39 LEVEL.
To SELL AUDJPY, VIX must be UP and SNP500 must be DOWN. And COMMODITIES should definitely be DOWN. We are waiting for the change in the above mentioned MARKETS.
MARKETS may be slow today mostly due to US HOLIDAY on Monday.
20 Reason Buy AUDJPYupdate 04/09/2022
1 Structure 1 : Bullish
2 imbalances :\Target marked
3 Current Move 12:impulse
4 Entry TF : H1
4.1 ETF Structure: Bullish
4.2 move : IMPULSE
5 Support Resistance: 61% discounted price
6 FIB: retracement done
7 candle Pattern: momentum and long wick confirmation
8 Chart Pattern: Cup and handle
9 Volume : after a rally volume dried
10 Momentum: side ways between 60/40
11 Volatility : middle band support
12 strength: weak yet
13 Sentiment : extremely weak JPY Roc
14 Final conclusion: Buy at open
15 Buy /Sell/Wait : Buy
16 Entry: 95.312
17 Sl:95.232
18 Tp:96.395
19 Risk to reward Ratio:1:14
Excepted Duration : 8 days
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
In the previous days, AUDJPY was slightly UP due to MARKET RISK ON. Even now, we see that the MARKET is somewhat MARKET RISK ON. We expect the AUDJPY to bounce back to the upper resistance.
Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up, and STOCKS should go down. If MARKET RISK is OFF, you can definitely SELL at 91.50 LEVEL. For that, MARKET RISK should be OFF. Currently, the market risk is off. But somehow it can go up to 96.50 LEVEL before that. After that, AUDJPY may go down to 92.721 LEVEL.
To SELL AUDJPY, VIX must be UP and SNP500 must be DOWN. And COMMODITIES should definitely be DOWN. We are waiting for the change in the above mentioned MARKETS.
Bearish look on AUDJPY.Relevant market risks I have on my radar (it's obviously not a comprehensive list and mostly unchanged from last week):
Europe: huge uncertainty regarding future of gas flows from Russia; an unexpected resolution of the conflict seems very unlikely, but it could escalate on multiple fronts (gas, energy, militarily) very quickly
UK: don't have a clear idea about the impact of the Tory leadership race yet (potential for negative impact on the sterling is there given the comments from Liz Truss), the Northern Ireland protocol still remains unresolved
Global markets: the risk from commodity market squeezes spilling over seems to have diminished a bit
China/Taiwan: keeping an eye on the Taiwanese stock market as a risk gauge
AUDJPY analysis Long and shortAUDJPY
we have Auzie Yen to be bullish as of now
but we have a bearish Choch which means we are bearish on overall.
if we look at 1h TF the overall of all these analysis, we also have a bullish chanhe of character ( CHOCH) caging all these analysis,
so I'm actually selling into the demand zone created by the bullish Choch.
Follow for more analysis.
StefanFX
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
Earlier days, AUDJPY was going down a bit due to MARKET RISK OFF. But now we see that the MARKET has somewhat MARKET RISK OFF. We expect AUDJPY to turn DOWN again.
Anyway, its price is moving down in the AUDJPY DOWNSIDE CHANNEL. By BREAKING that CHANNEL, its price may go UP again. After that, if MARKET RISK continues to be OFF, you can definitely SELL at 92.71 LEVEL. For that, MARKET RISK should be OFF. After that it can go up to 96.90 LEVEL. After that, AUDJPY may go down to 89.74 LEVEL.
To SELL AUDJPY, VIX must be UP and SNP500 must be DOWN. And COMMODITIES should definitely be DOWN. We are waiting for the change in the above mentioned MARKETS.