AUDJPY - Long Setup My main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key swing low and left untouched swing high.
But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of strength, so potentially there is a higher probability to see price higher.
Mainly correlated with GBPJPY, so I recommend you to take only one position from these 2 pairs.
Your success is determined solely by your ability to consistently follow the same principles.
AUDJPY trade ideas
AUDJPY FORECASTThe price is developing nicely. With this price action we need to give it time for more price development and letting the price reach at the key area. I always be speaking about patient, there is no way to ignore it, because when you are taking unmatured trades you actually increase the risk to your capital. Learn to know when to be out of the market.
Potential bull flag breakout on AUD/JPYA potential bull flag on the 1-hour chart of AUD/JPY has caught my eye, and a closer look at volumes also suggests it worthy of consideration.
The weekly CVM (cumulative volume delta) has confirmed the recent rally into the bull flag pattern, but is also breakout out of its own flag to suggest bullish pressure is building. It is also near its own weekly high, a break above which provides another bullish clue.
Trading volumes were rising alongside prices before they entered the sideways consolidation (bull flag), so I am now on guard for a break higher of prices.
Bulls could seek dips towards the daily pivot point (97.32) for a move up to 97.80, just beneath the daily S1 pivot.
A break above 98 assumes bullish continuation up to 98.50 near a weekly VPOC (volume point of control).
Matt Simpson, Market Analyst at City Index and Forex.com
Organizing Chaos: Practical Example of Using ChannelsChannels have been used by technical analysts for more than a century due to their ability to clarify price action and detect historical patterns (the main advantage of an investor, which I will write an article about soon). Today, I want to show you a practical example of the good use of this tool.
We are looking at the Australian Dollar / Japanese Yen pair (AUD/JPY), and we can clearly see how the use of channels shows us areas of imbalance or inflection points between supply and demand (blue lines).
Specifically, I want you to focus on the imbalance area where we are today. Historically, supply (selling force) has exceeded demand (buying force) in this price zone, which means that the majority of market participants, under the same conditions, have considered this price zone to be expensive. Another interesting detail is how strongly supply (sellers) has reacted after reaching this imbalance area. Although it has encountered resistance from buyers around the 88 level (which is an equilibrium zone), so far, sellers have been dominant and have managed to drive the price down to the 75 level. It's also noticeable that there could still be an upward response, but historically, this has been nullified by the selling force before surpassing the highs.
Conclusions:
It's amazing how a simple tool like a channel has given us a considerable advantage when making decisions. In just minutes, we've identified an opportunity zone, understood the psychology of the market participants, established two price zones as probable targets (88 and 75), and even got an idea of the magnitude of the selling force based on historical records.
Remember to study less about psychotrading and more about mass psychology, not to buy courses (especially not scalping courses), to respect the old masters, and above all, to question everything except your own capabilities.
AUDJPY Sell Plan (High Probability)Entry: Sell NOW
✔ Stop Loss (SL): Above 97.50 (safe above liquidity grab).
✔ Take Profit 1 (TP1): 96.50 (first liquidity area).
✔ Take Profit 2 (TP2): 95.90 (deeper demand zone).
✔ Take Profit 3 (TP3): 95.20 (final institutional demand zone).
🔻 Sell bias is STRONG – Let’s execute with confidence! 🔥
AUD/JPY Sell Trade – Targeting 96.97244 Pair: AUD/JPY 🇦🇺💴
Direction: Short 🔽
Target: 96.97244 🎯
Time Horizon: By Monday, Jan 20, 05:50 UTC ⏳
The pair has experienced upward momentum, reaching a significant level where a potential pullback is anticipated. Current market behavior suggests a move lower toward the 96.97244 level, in line with observed patterns.
This trade is time-sensitive and expected to unfold by Monday at 05:50 UTC. External factors, such as JPY strength and broader market sentiment, could influence price action. Monitoring closely for further confirmation of expected movement 🔍.
AUDJPY SellAnalysis Idea: AUDJPY Sell Setup
The AUDJPY pair is primed for a potential sell, supported by strong bullish fundamentals for the Japanese Yen:
📊 JPY Bullish Drivers:
BoJ Policy Expectations: Markets anticipate a shift toward tighter monetary policy.
Strong Wage Growth: Robust domestic wages boost economic confidence and JPY demand.
Weaker USD: A softer USD strengthens the JPY’s safe-haven appeal.
AUD/JPY H4 | Downtrend to extend further?AUD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 97.32 which is a pullback resistance.
Stop loss is at 98.35 which is a level that sits above an overlap resistance.
Take profit is at 95.64 which is a swing-low support.
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AUD/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
It makes sense for us to go short on AUD/JPY right now from the resistance line above with the target of 96.652 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
✅LIKE AND COMMENT MY IDEAS✅
Inaugaration plan- AUDJPY01/20/2009 - Prior downtrend since Aug 2008 GFC - then up till mid-June.
01/20/2005 - long till March
01/21/2013- long till Mid February then Short. Up till 3rd week of March found bottom then long.
01/20/2017 - Bounce up then down until mid-April.
Technicals currently favour bullishness on the Yen crosses.