AUDJPY Hey everyone, this is my analysis on AUDJPY. We see price break through previous resistance and has pulled back. This could turn into a potential long so i'm going to wait for some bullish signals before potentially entering. Please comment below if you disagree and i'll take all comments on board.
Thank you.
Audjpylong
AUDJPY Price Outlook: Bearish Reversal likelyAUD/JPY couldn't break the 75 key resistance level and a pullback from that level is currently in progress. If bears continue to dominate the price action, I expect a drop to 72.80 level within the next few days.
The best strategy to trade AUD/JPY is to sell AUD/JPY when price gets close to the resistance level.
Breakout Identified in AUDJPYThe Breakout Opportunities system has just sold AUDJPY at 74.762. The system recommends entering this trade at any price between 74.493 and 74.857. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.235, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 75.141 and a profit target has been set at the 1 Day ATR level at 73.686. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. 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: 72412
Time Issued: Tuesday, 07 July 2020 02:45:15 GMT
Status: open
Entry: 74.493 - 74.857
Limit: 73.686
Stop Loss: 75.102
AUD/JPY forming ascending triangle💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
Let's take a look at AUD/JPY on 4H chart. We can see price has formed a nice ascending triangle that is about to be completed. Usually price is following trend and many times breakout happens upward, but we cannot exclude possibility of changing trend and price breaking this strong support line.
Let us know what you think about this idea.
Trade safe !
Possible trend shift in AUDJPY – going long The Tidal Shift Strategy has just bought AUDJPY at 74.747. The system recommends entering this trade at any price between 74.643 and 74.851. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.051, which suggests that the AUDJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.083, so the stop loss has been set at 74.331. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 72388
Time Issued: Monday, 06 July 2020 00:00:15 GMT
Status: open
Entry: 74.643 - 74.851
Limit: N/A
Stop Loss: 74.331
AUDJPY BUY OPTION FOR DAY TRADE AND SELL OPTION FOR SWING TRADE.AUDJPY BUY OPTION FOR DAY TRADE AND SELL OPTION FOR SWING TRADE.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
AUDJPY signal (LONG)Hello friends.
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Everything on the chart.
open pos: market or on breaking the triangle
targets: 75 - 77 -78.6
after first target reached move ur stop to breakeven
stop: under 72.1 (depending of ur risk). ALWAYS follow ur RM .
Good luck
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It's not financial advice.
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Possible bullish price movement for AUD/JPY💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
Let's take a look at AUD/JPY on 4H chart. We can see that price is inside Ascending channel. Price has failed to breakthrough support line and we predict that price will go higher from here.
Let us know what you think about this idea.
Trade safe !
AUDJPY To The Price 75.125 Before End The Rally|1st July 2020"Keep it simple and stupid.
-Zezu Zaza 30th June 2020
AUDJPY is the best gainer all the time.
I put spiral on the chart to demonstrate
just use only one analysis tools in a graph
can make a huge different into your trading
analysis.
This week is very slow. Low in volatility.
especially on AUDJPY.
After the pandemic that killed AUDJPY, once again
AUDJPY prove that this currency can make a comeback.
I analysed the price will touch the 75.125
before AUDJPY ended the rally.
After 76.50 did not successful to break, now once
again AUDJPY try to touch the star before it drop.
There is a hidden clue on my sentences that you need
to figure it out to make a free money.
Remember, life is easy. So do trade.
If the trade could not go up, it will go down.
We not trading the price,
we trading the human behaviours.
Good luck.
Regards,
Zezu Zaza
2048
Trade Idea for AUDJPYWhen we look at the chart we can see that there was a breakout out of the wedge. What I think is that it is a fake out and that the price will drop one more time before it goes up. If this is a breakout and it can brake above the resistance zone than I will also be looking to go long on it. What we also need to keep an eye out for is that if the price is going to drop. That it does not brake the lower wedge that you see on the chart.
Please let me know in the comments what you think of it.