AUDJPY - Still LongPrice has broken above a resistance area and has now retested it, im expecting price to push higher into the monthly resistance area before looking for any short opportunities
Audjpylong
Bearish outlook on AUDJPY Hey everyone, here's what we are seeing on AUDJPY, prices are facing bearish pressure from the descending trend line and resistance zone at 84.912, in line with the 78.6% retracement as well. We could be seeing a reversal here.
14 June: AUDJPY could see a bounce hereHi everyone! Looking to play a small bounce on AUDJPY here, in line with our bullish view on the bigger time frames. On the daily time frame, prices are holding above the ascending trend line and we could see a further upside from here. When we look at the H4 time frame, prices are testing the 78.6% retracement as well where we saw a slight bounce above this level. Going down to the H1 time frame and taking a retracement of the last move, we can see that prices are pulling back to the 78.6% retracement where we could see a bounce here, in line with the entry level. Stop loss is placed slightly lower than the previous low and our take profit target is at the -27.2% retracement. What are your thoughts on AUDJPY?
AUDJPY LongsLooking for a restest of the descending trendline to push price higher and break the resistance level.
AUDJPYSeems like a good trade set up, comment below what you guys think.
-38.2 FIB retracement level
-weekly candle break and close above weekly resistance zone
AUDJPY - BULLISH BIAS=====
MARKET OUTLOOK
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AUD - BULLISH
1️⃣ The RBA's economic assessment was more upbeat than in the previous post-policy meeting accompanying statement.
2️⃣ Australian figures showed the economy expanded by a healthy 1.8% in the first quarter, taking gross domestic product (GDP) back above pre-pandemic levels.
JPY - BEARISH
1️⃣ Rising US Treasury yields weigh on the JPY.
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TECHNICAL
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- We're buying this pair on RBS level + SMA50 area + Pivot point level on H1 chart.
AUDJPY BUY IDEA SET UPI've been following the JPY pairs recently. AJ seems to be bouncing back to the buy trend after testing a current support level the past week. If you'd like to participate in this trade set up, please use proper risk management.
AUD/JPY BUY IDEAHey tradomaniacs,
still testing my new style but we with AUD/JPY I see a great potential to move up!
A bit concerning as always could be the upcomign RBA Statement - I think it is likely to see a more hawkish statement and that the RBA will talk about a tighter policy in the future.
Risky setup - But overall deliecious in terms of risk-reward!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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#AUDJPY to seek for further uptrend#AUDJPY is a good moment to continue the bullish trend, but it could break the short-term trend
AUD/JPY Potential Upward Movement 🚀 Technical Analysis:
The price posted a double bottom near a strong support after a huge retracement to the 61.80% Fibonacci retracement level. The price reversed and rallied where it is traded now above the neckline. Further movement to the upside is expected in the same direction of the main trend.
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Trade Idea:
Buy Limit Order @ 84.80
Take Profit @ 85.12
Stop Loss @ 84.63
Trade Safely 🙂
AUDJPY - Bullish Opportunities !Welcome to our Trade Setups - May 30th ( AUDJPY ) !
BUY AUDJPY
ENTRY LEVEL @ 84.734
SL @ 84.539
TP @ 85.124
Max Risk: 1% - 3%!
Risk/Reward Ratio: 2
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Have a great week everyone!
AUDJPY LONG IDEAGot some bullish momentum from the previous day that could be carried on today, taking a position based of 50% n 30m chart which is in line with a previous level of resistance which now could act as a support level
AUD/JPY Running In 70 Pips From Yesterday Analysis,Did U Catch ?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
AUD/JPY New Long Setup To Catch 150 Pips For FreeThis 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 - Bullish BiasAUD - BULLISH
1️⃣ Risk sentiment was boosted following the US Federal Reserve's comments that helped ease concerns over early post-pandemic inflation.
JPY - BEARISH
1️⃣ Positive risk sentiment weighing on the JPY.
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Technical
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We are buying the AUDJPY on RBS + above SMA50 on the M15 chart. This is short-term trading.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
AUD/JPY long ideaWhen we look at the chart we can see that the price is testing a support zone in the hourly chart. If we can get a confirmation that this is holding we could consider to go long on it.
AUDJPY Long all da wayA good long opportunity for AUDJPY, althought much depends upon the BOJ Gov speech and the daily candle close below the upward trend line. However, on a smaller time frame there is a stochastic divergence, which might prove a good scalping opportunity followed by the bullish momentum.
Happy trading.
AUDJPY - Bullish BiasAUD - BULLISH
1️⃣ The Australian economy was transitioning from recovery to expansion earlier and with more momentum than previously anticipated, minutes of RBA's May monetary policy meeting showed.
2️⃣ Surging commodity prices provided a bid to the Aussie.
JPY - BEARISH
1️⃣ Rallied stock markets could undermine the JPY.
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Technical
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We are looking to buy the AUDJPY at support + above SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
