Audjpylong
AUDJPY - Buy - Daily ChartAUDJPY - Buy - Daily Chart
Buy @ Current Price
Buy @ Pull back to approx 75.9160
Strong Support @ 75.769
M30 & H1 charts showing a change in direction to bullish from the Support @ 75.769
M30 & H1 charts showing higher bottom formed from the Support @ 75.769
Stop Loss @ 0.5% to 1% of your Account Balance
Take Profit @ 78.453
Please share your opinion in the comments, and support the idea with a Like 👍
Thank you for your support 😊
Wishing you successful trading 🙏
------------------------------------------------------------------------------------
🔺 Disclaimer! The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
------------------------------------------------------------------------------------
AUDJPY triangleThis week started with a impulse movement.
Yesterday things calmed down and managed to form many models of technical analysis that allow us to trade.
Triangles are currently forming in many places.
But still a small part of them have broken through and started executing, so they need to be monitored.
But the triangle at AUDJPY already has a break and has started its movement!
Here we expect the price to continue to the following resistance levels:
77.20
77.50
77.85
The model breaks down when the previous bottom breaks!
To support us, like and comment!
AUDJPY UPTRENDAUDJPY
Right now the price seems to be moving on the upside, so I’m hoping for the price to respect the purple dotted line and go back up to reach at least the red dotted line near level 76.
.
.
.
En este momento el precio parece estar moviéndose a la alza, y yo espero que el precio vuelva a tocar la linea punteada o al menos que la respete y siga subiendo hasta llegar a la linea punteada roja cerca del nivel 76.
AUD is pushed high - How To React - AUDJPY Market OutlookShort term outlook of the Australian market: AUD is pushed to the upside after fundamental drivers that gave confidence to buyers
Q: Should I buy AUD now?
A: Not right now. Wait for correction, and then after choosing a pair that is mainly driven by AUD at that time, start loading longs.
Q: Why would AUD continue rallying high?
A: The catalyst of that bullish movement was the RBA dovish shift, which was followed by rate cuts. Investors considered that this is a brilliant time to own Australian Dollars, so they start buying. Nobody knows if the currency of Oceania will fall again but the current situation is more likely to have created fresh solid ground for bulls to start building high, after a medium-term bearish market.
AUDJPY Market Outlook:
Sentiment: Medium-term Bearish - About to shift to bullish
Pattern: Price was moving in a falling wedge which broke on the US election day and it might be catalyst for more upward momentum
Important Levels:
74.000 seems to be a strong long-term support for now.
74.200 is short-term S/R and behaves like a pivot level, meaning that we're bullish above it and bearish below it
Buy zones: We use 74.200 as a buy zone as we see that the upper limit of the wedge and the Daily level meet there. RSI is also indicating bullish momentum and it can be a reliable signal on when to buy.
Hope you liked this market outlook! Happy trading! :)
AUDJPY - SWING - 03. NOVE. 2020Welcome to our weekly trade setup ( AUDJPY )!
-
1 HOUR
Very bullish pressure above main sr level.
4 HOUR
Expecting more bullish price action..
DAILY
Expecting a turnaround and more upside!
-
FOREX SWING
BUY AUDJPY
ENTRY LEVEL @ 73.840
SL @ 73.230
TP @ 74.730
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDJPY Possible to Reverse The Trend Hi, Volume Trader.
The AUD currency weakened for long time against the JPY currency. This results in the AUD pair likely to reverse the bearish trend then become bullish trend.
The best way to trade is to follow the bullish trend when bullish is starting to form or wait for a correction that is likely to occur a little longer.
pm me for the details.
Notes:
1. This is not a suggestion to take financial action
2. VolumeWaveFx is not a licensed financial advisor.
AUDUSD Still in a downward phase +45 PipsWelcome Back.
Please support this idea with LIKE if you find it useful.
***
After the bounce that happened, we expected a decline, so it is still falling more and more when it reaches the support, it will return and head towards the upside.
***
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 watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
***
The information given is not a Financial Advice.
DON'T MISS THE OPPORTUNITY TO BUY AUD/JPY !!GBP / JPY is on a nice buy pattern in H4, a big support is just below, plotted daily. If the price rejects the H4 trendline or the daily support as expected, then I would initiate a long position with good volumes and the price above the VWAP. A good risk reward is also present. Good luck to everyone !
-
Do not hesitate to follow me for more opportunity, tutorial and even gifts !!
AUDJPY in a Falling wedge.AUDJPY - Short term - We look to Buy a break
Price is in a falling wedge bullish pattern
Posted a Triple Bottom formation.
Previous resistance located at 74.32.
A break of 74.32 is needed to confirm follow through bullish momentum. Bullish divergence is expected to support prices.
The 50% Fibonacci retracement is located at 75.36 from 76.52 to 74.20.
Risk/reward is ample to call a buy trade.
Our profit targets will be 75.36 and 75.50
Resistance: 74.32 / 74.46 / 75.36
Support: 74.32 / 74.20 / 74.17