Japanese Yen - Why The Yen is Fundamentally WeakThe Japanese Yen is fundamentally weak as low inflation in Japan is causing the Bank of Japan to keep interest rates low, at a time when other central banks in the U.S, Canada, Australia, New Zealand and the UK are raising rates to deal with high inflation in their domestic economies.
The interest rate differentials and divergence in monetary policy are forcing Japanese Investors to sell the Yen in exchange for currencies that pay a premium interest rate on Government and corporate bonds.
Audjpylong
AUD/JPY Full Analysis , 2 Scenarios With Daily Confirmation This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDJPY | The best scenario for correction📝Hello traders , AUDJPY in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In this symbol, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5,
As we said, we considered wave 5 as a leading triangle, and from this wave, waves 1, 2 and 3 are formed very normally.
But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable.
... Given that Wave 4 reacts very well to the beginning of Wave 3, it considers the same scenario, and we think this recent ascent is for Wave 5 of 5.
Wave 5 of 5, like the previous waves of the triangle, is formed in the form of three waves, and from these three waves, wave a is being formed. Wave a is currently an expanding leading triangle that is inside wave 5.
To complete this, wave 5 must make a slightly higher upward move than the end of wave 3, and this move was confirmed when the trend line was broken upwards in the previous analysis.
Now the ratio of waves 1 to 3 from a to 5 is equal to Fibo 1.00 for wave v and we expect correction.
In the first stage of this correction, we consider the black channel floor and in the second stage, the orange channel floor.
We still have the mentality that it is inside the 4 main wave, this wave is probably formed in the form of a triangle, and this decrease that we think will occur is related to the e wave of this triangle.
If Fibo 1.00, ie the range of 85,500 is broken upwards, we should not insist on starting this correction.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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AUDJPY LONG - Buy Entry - H4 ChartAUDJPY LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: AUDJPY
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 85.718
Support @ 84.628
AUDJPY LONG - Buy Entry - H1 ChartAUDJPY LONG - Buy Entry - H1 Chart
Buy @ Market / Break of 85.211
Symbol: AUDJPY
Timeframe: H1
Type: BUY
Entry Price: Buy @ Market / Break of 85.211
TP - Resistance @ 85.700
TP - Resistance @ 85.358
Support @ 84.856
AUDJPY | RETEST OF BREAKOUT?
AUDJPY has failed to break 83.200 since 11th Feb. Recently it has given breakout on 23rd feb and has come down to retest it. The question here is if this is really a restest or convert into selling pressure.
Two possibilities here;
a) Long position with SL below the support zone
b) Short if it manages to break the support zone.
Trade your levels accordingly.
AUDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 | The best target for climbing📍Hello traders , AUDJPY in daily timeframe , In this symbol, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5.
As we said, we considered wave 5 as a leading triangle, and from this wave, waves 1, 2 and 3 are formed very normally.
But Wave 4 has corrected Wave 3 more than usual, making it somewhat unreliable.
Given that Wave 4 reacts very well to the beginning of Wave 3, it considers the same scenario, and we think this recent ascent is for Wave 5 from Wave 5.
Wave 5 of wave 5, like the previous waves of the triangle, is formed in the form of three waves, and from these three waves, wave a is being formed.
To complete this wave 5 must make a slight upward movement from the end of wave 3, and this movement is confirmed when the upward trend line is broken and then the correction is formed in the form of wave b.
Other scenarios:
The whole of this counted wave may be related to the original wave 4, in other words it could be for wave 4 of wave 5.
In the first case, the ascent takes place without any decline after the defeat of Fibo 0.618.
In the second case, the black trend takes place before the black line point and then the ascent.
This analysis is fielded if the warning signal range is broken down.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️