Hey Traders! AUDJPY - although its definitely trending to the downside, I feel we might have a push to the upside due to it sitting on 50 daily moving average, while also sitting on a strong monthly support pivot point. I highly doubt its going to break it easily and this makes for a great trading opportunity, AUD is currently being bought by hedge funds while...
Hey Traders! Broke out a recent wedge, I believe we could have a nice bullish rally to the next area of resistance market in white lines on the charts. JPY banks are closing for a bank holiday I suspect some power in other currency pairs against JPY. JPY is also on an 52 week low in the futures COT data.
Hello There! Within the forex market, I have spotted important bearish setups within the current market developments. One of them is JPYAUD because this pair remained in a steady downtrend for a very long period of time. Such long-lasting downtrends are not trends that reverse from one day to the other. Also, I have spotted the underlying fractal formations,...
Hello Traders Investors And Community, we are looking at JPYAUD 4-hour timeframe perspective, the recent events, the current formational structure, what to expect the next times and how to enter possible upcoming confirmations showing up in the structure, in this case, I detected the important levels and likely outcomes we can expect with JPYAUD here to...
The Australian Dollar/Japanese Yen is enclosed between two zones of resistance and support and the line of the downtrend and uptrend lines. The Australian Dollar/Japanese Yen has reacted well every time it hits the downtrend and uptrend lines in the support and resistance zones. This time, the Australian Dollar/Japanese Yen was able to make a 🌅Morning Star...
Australian Dollar/Japanese Yen is making Expanding Flat(3-3-5), and now it is running in microwave 3 of main wave C. I expect Australian Dollar/Japanese goes down to the target that I showed you in my chart. 🔅Australian Dollar/Japanese Yen Analyze (AUDJPY) Daily Timeframe⏰. Do not forget to put Stop loss for your positions (For every position you want to...
Hi, this is my new update for AUD/JPY. We have big resistance between 95.50 - 95.75, once we get a big red candle and the RSI gets into the overbought territory in a 4h timeframe we are going for a short position. I expect the target is between 94.35 - 94.45.
FX:USDJPY 117.361 is an entry point for selling 108.195 the next target
We started to correct the downward movement. I have designated the buy zone. price and target. I am waiting for the price to return to the buy zone, signal from the chart and open a position
Entered as shown on chart. Trade at your own risk.
This pair is quite interesting, actually. We are and have been dropping for some time with this one, yet it appears that we are due for "X" Wave, which is a correction within a correction. This means we should temporarily go up, if I am right. I have outlined Fibonacci goals in green. This is a hobby to share my ideas with you, so do not take anything I ever say...
Hi all. Please look at my last update on this pair.. We have a H&S formation that might want to be formed. We are watching price action as we seem to be ready for a push up!
Hi all, Another possible H&S on the monthly timeframe. Will keep you updated as soon as we reach levels. Keep an eye on this one.
Shorting here, profit target is aggressive. I will manage the position dynamically depending on how the market evolves.
Hello, Traders Investors And Community, welcome this analysis about the current situation in the JPYAUD and what we can expect the next hours and days. There are some important issues we can see currently and will affect the price in the next time. JPYAUD had a strong bullish run from 60 to 70, both are important psychological levels where we can expect a reversal...
Entered as shown on chart. Will monitor closely and lock in profit if it shows signs of reversal along the way.
USD/JPY Weekly Downside Target - 15:01:41 (UTC) Wed Apr 15, 2020