AUD/JPY Christmas Rally?After weeks of selling we have found a base for AUD/JPY under Y80 and are beginning to trend higher in recent few sessions.
With the FED now behind us we can hopefully start a nice Christmas rally in stocks as we had a good bounce after the meeting yesterday.
AUD/JPY has implusively moved higher and we have decent opening here to rally to Y83 and potentially Y86 if risk appetite remains strong.
Aussie jobs were crazy high at 300k in November as the country reopens and certainly does the currency no harm.
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Audjpylong
AUDJPY interesting patternThis is a pretty interesting setup.
Price tends to hunt liquidity and in this
case we have a double head and shoulder
pattern.
So are we going to complete the smaller
head and shoulder to capture liquidity
below the push up to capture
liquidity on the top and form the
bigger head and shoulder pattern?
Your guess is as as good as mine
Best is to wait for next week
AUDJPY | The best scenario for climbing📝Hello traders , AUDJPY in daily timeframe , In this currency pair, waves 1, 2, 3 and possibly wave 4 are formed and now we are inside wave 5.
As we said in the previous analysis, we considered wave 5 as a progressive triangle, and from this triangle, 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, we consider the same scenario and expect to start climbing for Wave 5.
If the support of the downward warning signal is broken, the wave count will be fielded and the form of wave formation will change.
🙏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-There are two possible entries depending on wgen #jpy index reverse.
-At the moment we can expect price to drop more down to the area of previous low which will make a possible double bottom.
-And the second option is a mitgation area where price might go upwards aroudn 100-150 pips and then drop to our safe entry area.
-the chart has entry,sl and tp like a signal but use it as proper chart analysis.
AUD/JPY
Hey guys, sorry i have been inactive over the last few weeks have had to look into my trading and see where i was messing up. It seems to me that I'm abit to eager for trades and need to take more to for conformation on my setups. But I did short the us100 until Friday where I closed and put my taking straight into this trade. we have a Range the AUD is trading in with a clear strong support and resistance with the FIb retracement tool also backing these lines. On the hourly timeframe we had a massive and strong bullish divergence on the RSI Between the 26/11 to the to the 4/12 with a engulfing bullish candle to confirm the reversal to the upside off support. I Bought Citi warrants and with my 3% target will profit 30% this trade should be done in a few days given the momentum off the support.
AUDJPY | The best target to climb📝Hello traders ,AUDJPY in daily timeframe ,The wave count for this currency pair indicates the formation of waves 1, 2, and 3, and possibly wave 4.
And now we are in wave 5.
The form of wave 5 is the leading triangle and from this triangle we are inside wave 4, we assume that wave four to Fibonacci 0.88 will be corrected compared to wave 3.
And in this fibo, the ascent for wave 5 starts from wave 5.
If the end of wave 2 is broken, it can be understood that we are still inside wave 4, and if the downward warning sign is broken, this wave count is generally fielded.
🙏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 turning UPFor more detailed daily analysis, don't forget to click the follow button!
Here we have our AUDJPY chart.
After the current market sentiment, we have seen a large drop on this pair.
We are now in a great position to go long for an upmove back towards Key MA's
Price direction is shown by the price arrow.
Bearish outlook on AUDJPYOn the H2 time frame, we are seeing bearish order flow and a pullback to test its resistance zone at 83.97, in line with the 78.6% fibonacci retracement presents an opportunity to play the drop. RSI is also showing further upside before prices entered the overbought region and Ichimoku is showing signs of bearish pressure, in line with our bearish bias. That said, there is a chance that prices could continue its downtrend from here as it is currently holding below the 100 EMA which acts as dynamic resistance.
A divergence signal appeared with AUDJPYH4 time frame.
Structure: Uptrend.
Currently, AUDJPY is forming a divergence at the price area of 82,000 - the 50% Fibonacci zone of the previous WXY up wave.
Here, wait for the price to break the Key level at 84,000 and complete the bullish reversal pattern, then you can find buying opportunities.
The profit target is the 87,500 price zone.
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Wish you all have a good trading day!
AUDJPY Long from the daily fib retracement AUDJPY Long from the daily fib retracement. I will be getting another entry once it brakes and retests the 4HR trend line highlighted in bright grey. ill have my stop just under the daily trend line highlighted in yellow. Take profit one is the pervious major highs on the daily. ill scale out from that point on.
AUDJPY LONG - Buy Entry - H4 ChartAUDJPY LONG - Buy Entry - H4 Chart
Symbol: AUDJPY
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Stop Loss: 82.685
Take Profit: 84.211
🔺 DISCLAIMER
🔺 For educational informational purposes only.
🔺 Analysis may change at any time without notice.
🔺 You must research and create your own trading plan.
AUD/JPY BUY NOW.......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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AUD/JPY 4HR CHART SET UP BUYHi everyone this is my trade set up for the AUD/JPY for the new week ahead
AUD/JPY i am expecting a pullback to the order block zones and will be looking for a BUY trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUD/JPY oversold to bounce off 200 DMAAUD has been belted lower since the RBA went to lengths to slow down the market pricing in rate hikes.
AUD/JPY has fallen alot less than AUD/USD because of USD/JPY rally since the US inflation numbers on Wednesday restarted the inflation debate.
AUD/JPY is just above the 200 DMA at Y82.80 and we are looking for at least a technical bounce to Y84 but if next week (Tuesday) Australia wage inflation is strong we can see a sharp move back to Y86.
Main risks to trade is US stock market correction or China negative news.