Get started

Audjpylong

AUD/JPY giving mixed signals with bullish bias to 96.02There are two formations that is showing bullishness (price wise) First there is a small recent W Formation, which the price has broken out of the neckline and is currently coming down to test it. Second, the price broke up and out of a medium term downtrend. It looks like there might be a conservative entry if we get a bounce up on it. Technically. 7>21 MA but still <200 MA (Mixed) RSI >50 but about to test the crucial median level. My target is 96.02 but I am feeling wary with the mixed signals.
Long
by Timonrosso
AUDJPY Analysis Post BOJ Yen moveAUDJPY jumps after BOJ leaves yield curve range untouched. Hi, and thanks for looking at today’s update. Today we are analysing the daily AUDJPY after the BOJ left the yield curve as is after last month's shock adjustment. The market may have been looking for further moves today, which might be why we saw heavy selling on the Japanese Yen. Today’s video analysis runs over the last move price action after the shock sell-off and today’s rally. Are a series of higher lows starting to tell us that the market is trying to start a new trend? Today buyers have beaten the range, but we would like to see 91.70 and 93 beaten to show buyers have a new trend underway. Enjoy your Wednesday, and good trading.
Long
by Eightcap
Great risk and reward trade AUDJPYLONG 1hrHere are the few points i am looking for this trade 1. After a double top, price had a massive down wave and we dont see any consolidation (Showing price is ranging in bigger time frame ) 2. Ranging market condition Price often stop and keep going the same dirction as it stop (see other JPY pair) 3. Price is doing a break out set up and sitting in a major level 4. My rules are only trade Flag pattern Weakness concolidate / strong break out 5. Great risk and reward 6. We need to see a nice strong momentum break out before entry (Trigger)
Long
by TraderSNFElvin
AUDJPY can make a H/HAudjp is exactly moving according my previous analysis ( tagged ). We are in sell positions in audjpy and now here is some update. History from previous days, Market formed double bottom and nicely push back to the bearish trend line resistance. And that are the area we sell from. Now we can see market make new high from last high and higher low from last low. If market sustain it higher low then we follow the new bullish chanel, targets mentioned in chart. Always trade safe and must use SL.
Long
by pips-makers
1
AudJpy- A really beautiful chart suggeting a rise to 95In my video from Saturday, I discussed that traders should look very closely at Jpy pairs because a resumption of the long-term bullish trend could have started, and on my Monday written analysis I draw attention to AudJpy that was on the verge of an upbreak above double bottom's neckline. This, indeed, happened and this break is also confirmed at this moment. Continuation to the upside is probable at this moment and, after a clear break above the falling trend line's resistance, the pair could reach the 95 zone. 93 is also a resistance level that you should be aware of if, indeed, we continue to the upside. A drop back under the broken level would negate this bullish scenario.
Long
by Mihai_Iacob
5