Back tested My Support and Resistance Strategy as a Beginner – AI’ve been back testing my support and resistance strategy on the AUD/JPY currency pair as a beginner, and I’m starting to see some encouraging results. By focusing on key levels where price reacts, I’ve noticed that my win rate is currently higher than my losses.
This simple approach is helping me understand price action better and build confidence in my strategy. I’m still learning and making adjustments, but it’s motivating to see progress and consistency starting to form.
Open to any feedback or tips from more experienced traders!
AUDJPY trade ideas
AUDJPY DETAILED ANALYSISAUDJPY has successfully completed a breakout from a bullish pennant structure on the 4H timeframe, signaling the beginning of a strong upward continuation move. After a sustained consolidation below descending resistance, price action has now pierced through the upper trendline with volume and follow-through momentum. The breakout is aligned with the prior bullish leg from mid-June, indicating trend continuation. I’m now targeting 96.500 as the next key price level, with current price holding firm at 94.500.
Fundamentally, the Australian Dollar remains supported by recent hawkish RBA expectations. Traders are now pricing in the possibility of another rate hike following sticky inflation data out of Australia. The latest CPI print showed an annualized rise above 4%, exceeding forecasts, and reinforcing the case for tighter monetary policy. In contrast, the Japanese Yen continues to weaken as the Bank of Japan maintains its dovish tone, with no immediate signs of rate normalization. The ongoing yield divergence continues to fuel bullish flows into AUDJPY.
Today’s market sentiment favors risk-on assets, and AUD typically benefits in such conditions. Global equity strength and higher commodity prices are further backing AUD's upside momentum. Moreover, with carry trade flows increasing as investors seek higher-yielding currencies, AUDJPY is well-positioned to benefit from both fundamental tailwinds and technical breakout confirmation.
This setup is technically clean and fundamentally strong. Pullbacks toward the 94.100–93.900 zone could be retested as new support before the pair extends higher. As long as price holds above the breakout level, I remain bullish with 96.500 as my primary upside target. This pair is offering a high-probability continuation play in alignment with both macro and micro structure.
AUDJPY Buildup at Resistance ready for Breakout ?AUD/JPY is forming a symmetrical triangle, currently consolidating near the upper boundary. A successful retest of the support zone (~94.5) followed by strong bullish momentum could lead to a breakout toward 97.5. Watch for confirmation candles and volume spike for entry.
AUDJPY Under Pressure! SELL!
My dear subscribers,
This is my opinion on the AUDJPY next move:
The instrument tests an important psychological level 94.650
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 94.434
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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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WISH YOU ALL LUCK
AUDJPY – Trade the Range… Until It EndsHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDJPY has been trading within a big range marked in red.
Moreover, the it is retesting the lower bound of its rising channel marked in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #AUDJPY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUD/JPY at Risk of Breakdown as Bullish Momentum FadesAUD/JPY failed to follow through on a bullish breakout above 94.00, despite initial signs of strength from a bullish hammer and inverted H&S pattern. The pair has since printed a bearish engulfing candle on the daily chart to take prices near the lows of its range of the past week.
With the 1-hour RSI (2) hitting oversold levels, a minor bounce is possible, but risks remain skewed to the downside. A break beneath 93.70 would confirm a range breakdown and open the door to a deeper pullback towards the high-volume node (HVN) at 93.85.
Matt Simpson, Market Analyst at City Index and Forex.com.
AUDJPY SHORT FORECAST Q2 W26 D27 Y25AUDJPY SHORT FORECAST Q2 W26 D27 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Weekly Order Block Identified
✅Daily Order block identified
✅4H Order Block identified
✅15' Order block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
AUDJPY SHORT FORECAST Q2 W26 D26 Y25AUDJPY SHORT FORECAST Q2 W26 D26 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Weekly Order Block Identified
✅Daily Order block identified
✅4H Order Block identified
✅15' Order block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
AUD_JPY LOCAL SHORT|
✅AUD_JPY made a retest of the
Strong horizontal resistance level of 94.800
And as you can see the pair is already
Making a local pullback from
The level which sends a clear
Bearish signal to us therefore
We will be expecting a
Further bearish correction
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUDJPY 4hour TF - June 29th, 2025AUDJPY 4hour Neutral Idea
Monthly - Bullish
Weekly - Bearish
Dailly - Bearish
4hour - Ranging
AJ is currently sitting at a major daily resistance area around 94.500. We have to wait for price action to make a move and show some conviction before we can become confident in a setup.
Lucky us, price action is usually easy to follow when waiting for a break of a range. The way I see it, we have two great options.
Bullish Breakout - In the scenario where we see price action break above the 94.500 zone we will look for long setups. Ideally, we spot some clear higher lows above 94.500 with strong bullish conviction. Look to target higher resistance levels like 96.500.
Bearish Continuation - If we see this resistance level at 94.500 continue to hold we could see a daily bearish continuation happen. Look for strong bearish candles rejecting the current zone followed by clear lower highs. We’re targeting lower if that happens to around the 92.000 area.
AUDJPY WEEKLY HIGHER TIME FRAME FORECAST Q3 W27 Y25AUDJPY WEEKLY HIGHER TIME FRAME FORECAST Q3 W27 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Weekly 50EMA Rejection
✅Daily Order block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
"AUD/JPY: Bulls About to Raid Tokyo? (Long Plan)"🎯 AUD/JPY BULLISH BANK HEIST! (Long Setup Inside) - Thief Trading Strategy
🚨 Yen Carry Trade Alert: Aussie Loot Up For Grabs! 💰
🦹♂️ ATTENTION ALL MARKET PIRATES!
To the Profit Raiders & Risk-Takers! 🌏💣
Using our 🔥Thief Trading Tactics🔥 (a deadly combo of carry trade flows + risk sentiment + institutional traps), we're executing a bullish raid on AUD/JPY—this is not advice, just a strategic heist plan for traders who play by their own rules.
📈 THE LOOTING BLUEPRINT (LONG ENTRY PLAN)
🎯 Treasure Zone: 92.700 (or escape earlier if bears attack)
💎 High-Reward Play: Neutral turning bullish - trap for yen bulls
👮♂️ Cop Trap: Where bears get squeezed at support
🔑 ENTRY RULES:
"Vault Unlocked!" – Grab bullish loot on pullbacks (15-30min TF)
Buy Limit Orders near swing lows OR Market Orders with tight stops
Aggressive? Enter at market but watch JPY news
🚨 STOP LOSS (Escape Plan):
Thief SL at nearest swing low (4H chart)
⚠️ Warning: "Skip this SL? Enjoy donating to yen bulls."
🎯 TARGETS:
Main Take-Profit: 92.700
Scalpers: Ride the Asian session momentum
🔍 FUNDAMENTAL BACKUP (Why This Heist Works)
Before raiding, check:
✅ BOJ Policy (Yen weakness continuing?)
✅ Commodity Prices (Iron ore/coal supporting AUD?)
✅ Risk Sentiment (Stocks rally = carry trade fuel)
✅ Interest Spreads (AUD-JPY yield advantage)
🚨 RISK WARNING
Avoid BOJ/RBA speeches (unless you like volatility torture)
Trailing stops = your golden parachute
💎 BOOST THIS HEIST!
👍 Smash Like to fund our next raid!
🔁 Share to recruit more trading pirates!
🤑 See you at the target, rebels!
⚖️ DISCLAIMER: Hypothetical scenario. Trade at your own risk.
#AUDJPY #CarryTrade #TradingView #RiskOn #ThiefTrading
💬 COMMENT: "Long already—or waiting for better entry?" 👇🔥
P.S. Next heist target already being scouted... stay tuned! 🏴☠️
AUDJPY – Extended M Reversal in Box Premium (27/06/25)
Price swept buyside liquidity at 94.753, forming the second leg of an extended M pattern within the premium zone of the defined box. A clean bearish shift followed, confirmed with a strong-bodied close and short upper wick. Entry was executed post-shift, with confluence from Bright Gold liquidity clusters identified in discount using the HeatMap.
TP set at the box low (94.383), aligning with a major sellside liquidity draw. Stop Loss placed just above the box high, maintaining structure integrity.
Thesis:
- Buyside liquidity sweep + extended M in premium
- Structure shift + bearish intent confirmed
- HeatMap + box theory aligned with short narrative
- Letting price seek liquidity beneath equilibrium
DISCLAIMER: NOT RECOMMENDED TO TRADE SHORT WHEN YOU SEE THIS. MOST OF MOVE IS ALREADY DONE. THIS IS JUST TO PREVIEW AND LEARN THAT TAKING TRADES LIKE THIS CAN BE POSSIBLE
AUDJPY SHORT FORECAST Q2 W26 D24 Y25AUDJPY SHORT FORECAST Q2 W26 D24 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Weekly Order Block Identified
✅Daily Order block identified
✅4H Order Block identified
✅15' Order block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Long Setup – AUDJPY (W Pattern Completion & Shift Confirmation)
Price swept key sellside liquidity at 94.227 and held support just above 94.147. A clean W pattern has now formed with a decisive bullish body close above the shift zone, confirming bullish intent. Entered long with a take profit set at the box equilibrium level of 94.497 and stop loss placed below structure at 94.121. Trade aligns with structure, liquidity engineering, and price reaction from deep discount of the box
AUDJPY – Buy the Dip Ahead of Tankan DataTrade Idea
Type: Buy Limit
Entry: 94.00
Target: 95.00
Stop Loss: 93.50
Duration : Intraday
Expires: 01/07/2025 06:00
Technical Overview
The broader trend in AUDJPY remains bullish, with no clear signs of a top at this stage.
A correction is possible, providing an opportunity to buy into strength without disrupting the higher trend structure.
Short-term RSI has turned positive, suggesting momentum is starting to recover.
A move above 94.50 will act as further confirmation of bullish continuation, supporting the push toward the measured move target of 95.25.
Key Technical Levels
Support: 94.25 / 94.00 / 93.75
Resistance: 94.50 / 94.75 / 95.00
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUD/JPY Short Trade Plan Options
✅ Standard Entry
Sell Limit: 94.80
Stop Loss: 96.10
Take Profit 1: 90.00
Take Profit 2: 85.00
Why: Clean entry inside rejection zone, just under multi-decade resistance. Gives room for price to wick higher without being stopped prematurely.
🛡️ Conservative Entry
Sell Limit: 95.20
Stop Loss: 96.30
Take Profit 1: 90.00
Take Profit 2: 85.00
Why: Waits for deeper retracement into top of range. Better R:R, but may not trigger if price weakens early in the week.
🔐 Optional Manual Confirmation Strategy
Watch for a bearish daily candle (pin bar, engulfing) inside 94.50–95.50
Enter at close of that candle with stop above candle high
Gives added confirmation but may reduce reward slightly