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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. ===== Technical ===== We are buying the AUDJPY at the support of 78.200 + around SMA 50 on the H1 chart.
Long
by MonsunAsia
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. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. 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
by Yuriy_Bishko
2
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
by Flwxy_x
1
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. ===== Technical ===== We are looking to buy the AUDJPY at the support of 76.500 on the H1 chart.
Long
by MonsunAsia
2
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
Long
by HayatoDragonFX
1