AUDJPY Breakout: Can the Rally Continue?AUDJPY Breakout: Can the Rally Continue?
Last week, AUDJPY broke out of a bullish triangle, signaling a potential upward move. The Japanese yen has been influenced by concerns over the country's economy, particularly the impact of tariffs, which may be affecting its strength.
So far, the breakout appears solid, increasing the chances for AUDJPY to rise further. The first resistance level is near 93.10, while the second key resistance is around 95.00. In both areas, the price could struggle to break through due to strong historical resistance from previous market structures on the left side of the chart.
You may find more details in the chart!
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AUDJPY trade ideas
If you are trading JPY, keep an eye on the Tokyo CPIs tomorrowTomorrow, the 25th of April, we are getting the Tokyo CPI figures, which are expected to come out on the higher side. That said, we are looking at the core YoY number, which has a relatively high forecast.
Let's dig in.
FX_IDC:AUDJPY
FX_IDC:USDJPY
FX_IDC:EURJPY
FX_IDC:GBPJPY
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14-04-2025 _ Short Term Bullish Idea _ AUDJPY H11- Double Bottom coupled with Divergence and followed by Convergence.
2- Correction happened in the form of Bullish Flag.
3- After correction strong Bullish Impulse.
4- AB = CD pattern anticipated.
5- Therefore, one can expect a push to the upside.
6- Look for BUY Entry after correction, not (when price action is) on the way down.
AUDJPY SELL Overall AUDJPY is currently in a Bearish trend. Price action on the 1hr chart just recently broken a Bullish trendline to the downside. On the lower time frame (3 minute) there was a bearish change of character and break of structure and price is currently below the 200ema. Market execution sell with SL at recent high.
AUDJPY – Buy Limit Setup (Intraday)Published: 23/04/2025 10:09
Expires: 24/04/2025 06:00
Trade Summary
Type: Buy Limit
Entry: 90.25
Target: 92.25
Stop Loss: 89.25
Risk/Reward Ratio: 1:2
Duration: Intraday
📊 Technical View
Recent price action shows sideways congestion, indicating indecision.
RSI has turned positive, hinting at emerging bullish momentum.
A break above 91.00 would confirm a bullish breakout.
The measured move target sits at 92.50, aligning closely with our trade target.
A Buy Limit at 90.25 offers improved risk/reward versus chasing the market at current levels.
🔍 Key Technical Levels
Resistance: 91.00 / 92.00 / 92.50
Support: 90.50 / 90.25 / 89.50
📅 Next Volatile Events
No major economic events in the next 24 hours.
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AUDJPY Potential Swing Setup – Can You See What It's Building?AUDJPY has been forming a super clean structure on the daily chart lately
Price is now pulling back into a key breakout zone, and reacting strongly—
right at the golden observation zone where reversals tend to happen.✨
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AUDJPY Breakout on Rising Yields – Path Open to 95.70AUDJPY is maintaining strong bullish structure after breaking through key resistance around 91.65. Price is forming higher lows supported by an ascending trendline, indicating healthy buyer momentum. Fibonacci retracement levels show price holding above the 50% and 61.8% zones, strengthening the bullish case.
🔑 Key Levels:
Current Price: 91.65
Support Zone: 90.85 – 91.00 (previous structure + fib support)
Resistance Targets:
TP1: 93.15 (previous swing high)
TP2: 95.70 (full recovery move from March highs)
✅ Bullish Confluence Factors:
Ascending triangle breakout in progress
Strong higher lows and clean market structure
Holding above major 61.8% Fib retracement
Australian dollar supported by improved risk sentiment globally
BOJ expected to stay dovish and delay hikes, keeping the yen weak
🧠 Fundamental Context:
Japan Outlook: BOJ to hold rates steady at 0.5% amid US tariff risks. IMF projects a downgrade in Japan’s growth, weakening JPY outlook.
Sentiment on JPY: No strong intervention support for yen despite media noise. Japan’s government denied any push for stronger yen.
Australia Outlook: Risk sentiment steady, equities firmer globally, and higher AUD correlations to risk-on tone favor upside continuation.
💡 Trade Idea:
Bias: Bullish above 91.00
Entry: On confirmation bounce above 91.60
Target 1: 93.15
Target 2: 95.70
Stop Loss: Below 90.50
📌 Note: Watch for possible mild pullback into 91.30-91.50 zone before new upside leg. Strong US data midweek could temporarily lift JPY but broader BOJ dovishness remains the driver.
AUDJPY INTRADAY important resistance retest at 91.85The AUDJPY currency pair remains in a bearish trend, with the recent price action showing signs of an oversold bounce. While a temporary rebound is in play, the broader sentiment remains weak unless a decisive breakout occurs.
Key Levels to Watch:
Resistance Levels: 91.85 (critical level), 92.84, 93.62
Support Levels: 87.87, 86.60, 85.70
Bearish Scenario:
A rejection from the 91.85 resistance level could reaffirm the downside bias, leading to a continuation of the bearish move toward 87.87, with extended declines targeting 86.60 and 85.70 over the longer timeframe.
Bullish Scenario:
A breakout above 91.85 with a daily close above this level would challenge the bearish sentiment, opening the door for further gains toward 92.84, followed by 93.60.
Conclusion:
The market sentiment remains bearish, with 91.85 acting as a critical resistance zone. A rejection from this level could reinforce the downtrend, while a confirmed breakout would shift the outlook to bullish, favouring further upside. Traders should closely monitor price action at this key level for confirmation.
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AUD/JPY BEARS ARE GAINING STRENGTH|SHORT
AUD/JPY SIGNAL
Trade Direction: short
Entry Level: 90.909
Target Level: 88.668
Stop Loss: 92.394
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 8h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDJPY Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring AUDJPY for a selling opportunity around 91.800 zone, AUDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 91.800 support and resistance area.
Trade safe, Joe.
AUD/JPY at Key Demand Zone, Watching for Trend ContinuationOANDA:AUDJPY is showing signs of a bullish reaction from the key support zone between 89.00 and 86.00, an area that has acted as demand multiple times in the past. Price remains below the Ichimoku cloud (Span A at 92.13, Span B at 96.63), but the structure is still technically bullish as long as the current support holds.
The Trend Strength Index (TSI) indicators are deep in oversold territory:
TSI(10): -0.83
TSI(20): -0.86
This signals that bearish momentum is weakening, and a bounce is likely if the support zone continues to hold. The market could now aim to retest the 97.47 – 100.73 resistance area, which aligns with the cloud base and recent structural highs.
A bullish breakout above 100.73 would confirm a continuation of the bullish trend, with a potential new higher high toward 109.17 — the previous major swing high.
On the other hand, if price breaks below 86.00, the bullish structure would be invalidated, possibly marking the beginning of a trend reversal and opening the door for deeper declines.
Scenarios to Watch:
Bullish Continuation (If Support Holds)
Entry from: 89.00–86.00
Resistance/TP zone: 97.47 – 100.73
Break above 100.73 targets: 109.17
Structure remains bullish above 86.00
Bearish Breakdown
Break and close below 86.00 invalidates the bullish thesis
Retest of broken support may act as resistance
Lower lows expected if support fails
AUD/JPY is a cross driven by risk sentiment and yield differentials. The Reserve Bank of Australia has adopted a cautious stance, holding rates steady while keeping the door open for tightening if inflation picks up. Meanwhile, the Bank of Japan maintains an ultra-loose policy, though speculation about a slow shift toward normalization is growing. As a result, AUD/JPY remains sensitive to shifts in risk appetite and global yields. A continued risk-on environment would support AUD strength and help maintain the bullish structure — but any risk-off sentiment or sudden JPY strength could quickly shift the pair lower.
Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.
AUD-JPY Local Bearish Bias! Sell!
Hello,Traders!
AUD-JPY is going up now
But the pair will hit a horizontal
Resistance of 92.000 on Monday
From where we will be expecting
A local bearish correction
Sell!
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