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Audjpylong

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. ===== Technical ===== We are looking to buy the AUDJPY at support + above SMA 50 on the H1 chart. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Long
by MonsunAsia
AUDJPY tested the 0.5 Fib 🦐AUDJPY on the 4 h chart tested the 0.5 Fibonacci level below a daily resistance. According to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
6
AUDJPY facing bullish pressure, potential for further upside!Prices are facing bullish pressure as prices break out of descending trendline resistance in line with horizontal swing low support, 50% Fibonacci retracement and 50% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. If prices push down further, prices might take support from horizontal swing low support in line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. EMA is also below prices, showing a bullish pressure on prices.
Long
by TradeGATEHub
Breakout Identified in AUDJPYThe Breakout Opportunities system has just bought AUDJPY at 85.44. The system recommends entering this trade at any price between 85.26 and 85.595. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.756, suggesting that the AUDJPY may have further to rise. A stop loss has been set at the 24-hour low of 84.719 and a profit target has been set at the 1 Day ATR level at 86.059. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance. Signal ID: 76056 Time Issued: Monday, 10 May 2021 00:18:15 GMT Status: open Entry: 85.26 - 85.595 Limit: 86.059 Stop Loss: 84.719 Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here. Past Performance is not an indicator of future results.
Long
by FXCM
3