AUDJPY potential reversal!
AUDJPY expected to rise up to 1st resistance at 74.645 where it could potentially react off and drop down to 1st support at 74.358.
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Audjpysell
AUDJPY Neutral OutlookAUDJPY Neutral Outlook
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Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY reversed from resistance, potential drop!
AUDJPY reversed off its resistance at 74.249 where it could potentially drop further to 73.970.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY Downside Bias with The Current Risk Off ToneSell 74.0095 - 74.160 or 74.290 if we see some pullback
TP 1 - 73.860 at ADR low
TP 2 - 73.663
Stop Loss - above 74.290
Quick update on this dominant currency sentiment theme for today's US session.
We can see that we still have overall risk off tone in the market. However, it is clear that the risk tone has seem to have cool to a modest degree thru out the session so far. As such, AUD and CAD remain broadly weaker in the day. Likewise the safe heaven like JPY and CHF remain firmer in the day.
At this stage, the market is still waiting for more clarity. However, as long as that overall more negative risk off tone remain . We do see pressure coming into the commodity currencies like AUD and CAD and strength coming into CHF and JPY.
Something also to take note, US market is closed for Thanksgiving holiday, so we have thinner liquidity in the market. Because of that, that might be the reason we might not see a lot of follow thru in the more classic risk off move in the market. However, as long as risk off tone remain, we do see more downside bias for AUD and CAD and upside bias at CHF and JPY.
AUDJPY Neutral OutlookAUDJPY Neutral Outlook
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY bounced from support, potential for a further rise!
AUDJPY bounced off 73.903 where it could potentially rise further to 74.320.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY - FOREX - 27. NOVE. 2019Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Slowly rising market.
4 HOUR
Sideways structure and slow prices.
DAILY
Overall bearish market and a small pullback, expecting some strong moves shortly!
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FOREX SETUP
SELL AUDJPY
1ST ENTRY @ 74.090
2ND ENTRY @ 74.250 (wait for trigger)
SL @ 74.540
TP @ 73.600
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
AUDJPY bounced from support, potential for a further rise!
AUDJPY bounced off 73.730 where it could potentially rise further to 74.320.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY bounced from support, potential for a further rise!
AUDJPY bounced off 73.730 where it could potentially rise further to 74.320.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY Possible SellAUDJPY Possible Sell
Price is showing us a clear and simple set based on a rejection to the weekly descending TL at the 75.50 area indicating the continuation of the downtrend in the high tiemframes making the price drop to the daily CTL where it is ranging right now so in roder to go short i must see a daily close below that TL and the 38% fib level
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AUDJPY READY FOR NEXT MOVE.In the name of Allah, the Most Gracious, the Most Merciful.
AUDJPY READY FOR NEXT MOVE.
WE NEED TO WAIT FOR BREAK OUT THE PATTERN UPSIDE.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.