Audjpylong
AUDJPY - Bullish BiasAUD - BULLISH
1️⃣ US Senate Majority Leader Mitch McConnell pledged to get a fiscal stimulus deal done before Congress leaves for the holidays.
2️⃣ Demand for riskier currencies was boosted by hopes that a rollout of coronavirus vaccines will support global economic recovery.
3️⃣ The IHS Markit Manufacturing PMI rose to 56 in December from 55.8 in November, the sixth straight month of expansion and the highest since July, while the Services PMI also posted the highest reading in five months and the fourth consecutive expansion.
4️⃣ The Westpac-Melbourne Institute Leading Economic Index rose by 0.5% month-over-month in November.
JPY - BEARISH
1️⃣ Japan recorded a trade surplus of JPY 366.8 billion in November, the fifth straight month of surplus, as exports fell by 4.2% while imports dropped at a faster 11.1%.
2️⃣ Positive risk tone will pressure the JPY.
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Technical
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We are buying the AUDJPY at the support of 78.200 + around SMA 50 on the H1 chart.
AUDJPY - head and shoulderI am looking for entry points. Where is the small stop loss.
and then I estimate the profit potential.
entry strictly after the break out
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Long on Pullback | Trend Continuation | Swing SetupLooking for a pullback to retest previously broken resistance area (which is now the key support) in confluence to our 0.618 fib retracement and ascending trendline. Expecting trend continuation until 78.000 psychological resistance where we should be able to take profit.
If TL breaks below will look for short opportunities.
AUD/JPY LONG PROBABLE TARGET WITH CHART PATTERNTHIS CHART PATTERN IS CALLED THE WOLFIE WAVE; YOU LOOK FOR A CLEAR FIVE WAVE GYRATION, THEN ON THE FIFTH WAVE WHICH IS USUALLY THE BREAK OUT AND THE LONGEST WAVE, YOU CONNECT THE POINTS 'ONE' AND' FOUR' PROJECTING INTO THE FUTURE AND WHEREVER PRICE OVERLAPS IN THE FUTURE IS A REASONABLE TARGET FOR LONG AND THE WAVE FIVE.........ITS USUALLY NOT THE BE ALL AND END ALL, YOU LOOK PROBABLY CLOSELY IF ONE SEES IT BEFORE DECIDING TO HIT THE TRIGGER
AUD/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
AUD/JPY: Daytrade-Preparation
Market-Buy: 77,100
Stop-Loss: 76,800
Point-Of-Risk-Reduction: 77,250
Take-Profit: 77,595
Stop-Loss: 29 pips
Risk: 0,5% - 1%
Risk-Reward: 1,75
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
AUDJPY - Bullish BiasAUD - BULLISH
1️⃣ Risk appetite increased after Moderna Inc said it had applied for US emergency authorization for its COVID-19 vaccine. Moderna’s candidate is the second vaccine likely to win US approval for a potential rollout this year.
2️⃣ Investors also cheered remarks from the RBA saying that domestic economic recovery was under way and recent data has generally been better than expected.
3️⃣ The IHS Markit Manufacturing PMI posted the fifth straight month of expansion and also the highest for nearly three years.
JPY - BEARISH
1️⃣ Japan’s government vowed to compile a stimulus package to help the economy mitigate short-term economic impacts from a recent acceleration in coronavirus infections.
2️⃣ Japan’s unemployment rate inched up to 3.1% in October, the highest since May 2017.
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Technical
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We are looking to buy the AUDJPY at the support of 76.500 on the H1 chart.
AUDJPY, 4hr tf, buy strong resistance breakoutHello my friends,
For today we are going to buy AUDJPY pairs.
This 76.95 has acted as strong support and resistance previously.
Today we finally see price closd above it with an engulfin candle as well.
Because price took down 76.95 as resistance, then it will now become a support and i believe it is going to be a strong support
We could see AUDJPY continue north to 77.70 area.
This is a 3R setup trade so it is worth to take in my opinion.
Buy AUDJPY 76.95
Stop loss 76.70
Take profit 77.70 (3R)
RR ratio 1 : 3
Use only 1-2% risk
Good luck
AUDJPY - Bullish BiasAUD - BULLISH
1️⃣ The global risk sentiment remained well supported by the optimism over COVID-19 vaccine.
JPY - BEARISH
1️⃣ COVID-19 vaccine optimism undermined the safe-haven JPY.
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Technical
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We are looking to buy the AUDJPY at the support of 76.00 + above SMA 50 on the H1 chart.
AUDJPY 180 pips bounce was expected will it reach September highAUDJPY
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⏳H4 chart
🎲 Detailed analysis
⛳️Bullish entry / Alternative bearish entry
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Detailed analysis 💬
1️⃣ Bullish flag formation 76.000 support
2️⃣ 76.550 October month high
3️⃣ Positive risk sentiment, Vaccine news
4️⃣ 75.800 50% Fibonacci Dynamic support and resistance
5️⃣ 78.450 September high acted as strong resistance-Key trend reversal area
6️⃣ 75.640 Point of control - Volume profile
7️⃣ Technical support - Bullish
8️⃣ 78.450 will acted as key reversal-bearish
9️⃣ AUDPY trading within a broad rising channel
🔟 Possible swing target-78.450
#️⃣ Overall long-term trend- Bullish
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📉 Technical bias-Day-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bullish
Relative strength index - well above 60 - Bullish trend
MACD -Histogram is still in green zone, Oscillators are pointing upward
Stochastic - Reached around 75- overbought condition will give a short term fall back expected
Ichimoku cloud -cloud is still red and about to turn as green-Price is well above the cloud
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected
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Key reversal area's
72.000 psychological level
75.640 Point of control area Volume analysis
78.350 Sep month high
76.200 Break and retest area
78.000 Major psychological level
76.450 Possible entry- Bull
78.350 Sep month high/ Alternative bearish entry
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[bBullish entry #yen #kiwi #nzdjpy
Entry price - 76.450
Take profit 01 - 77.300
Take profit 02 - 78.350
🚫 Stop lose 79.950
⬆️ 2.49 Growth expected
⤴️ Account growth .65: 2.49
✅ Risk reward ratio 1 : 3.8
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AUD/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
AUD/JPY: Day-Swingtrade-Preparation
Market-Buy: 75,970
Stop-Loss: 75,480
Target 1: 76,450
Target 2: 76,680
Target 3: 77,050
Stop-Loss: 49 pips
Risk: 0,5% - 1 %
Risk-Reward: 2,30
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
AUDJPY - SWING - 23. NOVE. 2020Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Bullish market open and pressure.
4 HOUR
Overall bullish market structure with a pullback.
DAILY
Expecting further upside movement!
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FOREX SWING
BUY AUDJPY
ENTRY LEVEL @ 75.940
SL @ 75.470
TP @ 76.610
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN