AUDJPY trade ideas
AUDJPY: Potential Long from Key Support ZoneOANDA:AUDJPY is currently trading near a significant support zone which previously led to bullish reversals. The recent bearish move into this zone suggests a potential for buyers to step in and drive prices higher.
A bullish confirmation, such as rejection patterns, bullish engulfing candles, or long lower wicks, would increase the likelihood of a rebound. If buyers regain control, the price may rise toward the 96.650 level, where sellers could potentially re-emerge.
This setup aligns with a possible short-term recovery within the broader bearish trend. Traders should wait for confirmation of buying pressure before considering long positions.
Could we see some weakness in AUDJPY in the near term?Both currencies are currently on the weaker side against their major counterparts. Despite the RBA holding off from cutting, nor hiking rates, the AUD struggled to find strong grounds. Similarly for JPY, where the currency has been hit because of no significant action taken by the BoJ, it has been tough for the yen to find strength. Also, strong global stock market activity made safe-haven yen less attractive.
Given that MARKETSCOM:AUDJPY is seen as somewhat of a risk-on/risk-off monitor, we can see that the pair has been in “limbo” from around the end of August. From around the beginning of December, the pair started moving slightly upwards within a short-term rising channel formation. If we purely look at that structure, then we also examine the prevailing trend, which has been to the downside, meaning there is a greater chance for FX_IDC:AUDJPY to exit the channel through the lower side of it. However, until we see that exit, we can not assume the breakout will be lower.
At the time of writing, looking at our EMAs on our daily chart, we can see that the price action is below all of them, indicating possible weakness to come. The MACD is showing some weakness in the upside momentum, and the RSI remains below 50. These are technical indications of potential downside in the near term.
Nevertheless, we would prefer to wait for a clearance of the lower side of the aforementioned channel, before considering any downside movement.
For us to shift our attention to some higher areas, a break of the upper side of that rising channel may indicate bullish activity. If that happens, the rate would also be placed above all our EMAs, possibly attracting more bulls into the field.
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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.
AUDJPY - Long TradeAUDJPY reversed trend at the break of bearish trendline.
Formation of Inverse head & shoulders further support trend reversal.
AUDJPY IDEA LONG POSITION Hi Traders
Pair: AUDJPY
📈 Position: LONG (BUY )
✅ Entry: 97.950
🔺 SL: 97.700
🎯 Take Profits:
• TP 1: 98.200
• TP 2: 98.450
• TP 3: 98.700 (Trailing SL)
Long on AUDJPYwe see price is in ascending channel on the daily and then price broke out of a downtrend to the upside confirming that bulls will be taking over, now we are waiting for price to retest so we can go in.. those are my thoughts feel free to comment what your thoughts are.
WHAT TO EXPECT AHEAD OF BoJ INTEREST RATE CUT!Price has been stagnant lately months after the BoJ Intervention that led to a strong yen over other base currency. As we anticipate a rate cut. I hat do we expect from price? Price remains bearish but in low trading volume. If we’d get a sell reaction around the price of 95.743 I’d be looking forward to selling
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
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! 🔥
audjpy buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUD/JPY BULLS ARE STRONG HERE|LONG
Hello, Friends!
AUD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 97.590 area.
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AUDJPY swing Trade Idea This is AUDJPY price action breakdown
Give a support If you support the idea
audjpy buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Heading into overlap resistance?AUD/JPY is rising towards the pivot which acts as an overlap resistance and could reverse to the 1st support.
Pivot: 98.14
1st support: 96.93
1st Resistance: 99.02
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13-01-2025 _ Short Term Bearish Idea _ AUDJPY H4Bearish Flag Pattern.
No Divergence against.
Sell at the Pullback.
Trade plan marked in plan.
AUDJPY My Opinion! BUY!
My dear friends,
AUDJPY looks like it will make a good move, and here are the details:
The market is trading on 96.801 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 97.463
Recommended Stop Loss - 96.413
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
AUDJPY Bearish GartleyTimeframe: Daily
bias: if price can close above 98.5
tp1: 99.9
tp2: 102.225
Bearish Gartley completion tp3: 105.5
✌🏾☀🧘🏾♂️
AUDJPY setup for sell base on Technical Analysis* 4hr order-block
* 4hr inversion
* Double equal Liquidity in down side
* trend is bearish.
AUDJPY Will Go Down From Resistance! Short!
Here is our detailed technical review for AUDJPY.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 98.074.
Considering the today's price action, probabilities will be high to see a movement to 96.232.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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AUDJPY - 13 Jan 2025 SetupAUDJPY Breaking down a market structure on hourly timeframe. Spotted supply area on the H4 Chart (Red Rectangle). its the supply area after Ema's False bullish breakout.
Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
Descendin Triangle PatternDESCENDING TRIANGLE PATTERN
look to short the breakout confirmation
Short or Sell
Going into a Lower Low on 4HR Timeframe
95.5 Target Area 1
94.0 Target Area 2
96.375 Stop Loss Area
Elliott Wave Theory
