AUDJPY SELL IDEAWe have bearish flag pattern that broke out of structure, I expect a strong move to the downside. Let me know what you think in the comment section. Good luck!
AUDJPY trade ideas
AUDJPY Simple Trade Plans (Yen Safe Haven Buying)JPY strength and pulled through in a risk off market, coupled with a hawkish BOJ.
The AUD has been smacked due to the same risk off factor.
Longs taken this AM, coming with early exit due to this sentiment.
AUDJPY breaks simple trendline with an expected change in trend The long term trendline has broken for AUDJPY giving a compelling reason for further downside
Yen Carry Trade Unwind: In times of global financial stress, investors often unwind carry trades, which typically involve borrowing in low-yielding currencies like the JPY to invest in higher-yielding ones like the AUD. This would increase demand for JPY, strengthening it against the AUD.
Setup Sunday 04-08Hello Traders,
Here's another Setup Sunday from my side.
The market is very calm, actually not very calm but in a strong pullback overall and very much against their trends..so for my strategy it's very very calm right now.
A lot of red, 1 trade that we're in and 1 potential for the next week. Next to that I also have some results from my scalping version of my strategy (You gotta trade in calm weeks too haha :))
Enjoy This video, please boost it, or comment for any questions.
Good luck everybody! Happy trading! :D
CONTINUATION OF THE BEAR RUN FOR THE AUDJPYThe pair seems to continue the bearish run as fundamentals are supporting the bears and also the technical setups and our customized breakout indicator is suggesting a bearish continuation.
Trade according to proper Risk Reward Management as per your account equity.
Your views are welcome
AUDJPY Target 90The Yen has been pretty much toast for quite some time. That was until the 11th of July 2024.
Technicals
1. Candlestick - Evening Star for the start of this corrective move away form 109.50.
2. 200 MAV - price crossed on the 17th July.
3. MAV Alignment - 20/50/200 lined up to the downside.
4. Momentum - from OB zone, a Bearish Divergence as a prelude to the corrective move. RSI staying in the sell zone & pretty much occupying the OS zone.
5. Volume - nearly all high volume bars align with the sellers, showing clearly they are in control.
6. Order Flow - price is trending down progressively and steadily , suggesting it will continue.
There is no blow off shown as yet. We are in the 3rd leg down.
Target - the unmitigated Demand Zone from June 2023.
Fundamentals
Value of AI -
The strengthening of the Japanese Yen since early July 2024 can be attributed to several key factors:
Bank of Japan’s Monetary Policy : The Bank of Japan (BoJ) raised interest rates to their highest level since 2008 and announced an aggressive quantitative tightening plan. This included reducing government bond purchases, which signaled a shift towards a tighter monetary policy12.
Speculation and Market Reactions : There was increased speculation about further interest rate hikes by the BoJ, which led to the unwinding of carry trades. These trades typically involve borrowing in a low-interest-rate currency (like the Yen) to invest in higher-yielding assets elsewhere. As expectations of higher rates grew, investors started unwinding these positions, leading to increased demand for the Yen13.
Global Economic Conditions: The Federal Reserve’s signaling of potential interest rate cuts in the US also played a role. This narrowed the interest rate differential between the US and Japan, making the Yen more attractive to investors13.
Risk Aversion : During times of global economic uncertainty, the Yen is often seen as a safe-haven currency. Recent global market volatility and concerns about economic stability have driven investors towards the Yen
So , from both perspectives a target of 90 is very compelling.
IDEA AUDJPY SHORT POSITION Pair : AUDJPY
Position : SHORT ( SELL )
Entry Price : 100.200 STOP LOSS @ 100.550 TP 1 @ 99.950 TP 2 @ 99.600
TP 3 @ 99.250 ( Trailing SL )
AUDJPY still strong bearish to expect
AUDJPY in last periods strong bearish, still we have strong indications for bearish continuation.
TP1: 95.650 (150)
TP2: 94.650 (250)
AUDJPY Stop Loss Hunting | Learn From This!AUDJPY pipped above long term 30+ Year highs before being hit back down on China news / BOJ rhetoric around holds/hikes.
It is no coincidence that the price went above the previous high and fell after. It's just business.
Here's why.
AUDJPY SellI get it, AUD has been strong. To sell seems counter intuitive. Regardless, my strategy has given a sell opportunity that will allow us to see 104.6502 in the near future. New highs have been made, a correction to this level will happen. This particular market condition usually takes 7-14 days to hit target but sometimes it can take longer. I am bearish now. Don't join me but let this compliment your current strategy.
Cheers.
AUDJPY LONG/BUYHello
Looking for a short term buy on AUDJPY
* Expanding flat formed
* B wave of the bigger corrective structure has started
* GAP at the top 98.289 needs to be mitigated
* Engulfing candle on 15 min TF
* MACD divergence 15 min
STOP LOSS: 97.200
TAKE PROFIT: 98.200
ENTRY: CURRENT MARKET PRICE
AUDJPY - Falling Wedge Reversal PatternAUDJPY is making falling wedge reversal pattern and after breakout of trendline the buyers will remain in control and we can also observe the clear divergence which supports the reversal.
AUDJPY Falling BearsBias Bearish
Fundamental
AUD is weak and JPY is extremely bullish.
Price Action
Price consolidated at Daily SR level. It broke out of the consolidation of Daily SR towards downside. Bearish movement is confirmed continuous.
Confluence
Close to H4 Bearish TL and Rejection from Daily SR level. Broken H1 consolidation Support level and a Double Top pattern.
Setup
Entry at broke H1 SR level
SL 2x ATR (20)
TP next Daily SR level R:R 1:5
AUD/JPY Crushed by Carry Trade UnwindAUD/JPY is the quintessential "carry trade" pair among the majors given Australia's clear link to global growth and Japan's persistent near-zero interest rates.
After a strong start to the year, the pair has dropped over -1100 pips (-10%) in just the last 3 weeks along, underscoring the risk with crowded carry trades. A near-term bounce is possible, but with the BOJ starting to raise interest rates, it's unlikely we'll see the same level of enthusiasm for AUD/JPY longs any time soon.
-MW
AUDJPY BULLISH DIVERGENCETechnically:
AUDJPY printing bullish divergence
AXY printing bullish divergence
JXY printing double Top with bearish divergence
Fundamentally:
COT Data
AUD continue increasing long position and decreasing short positions.
JPY continue decreasing long positions and increasing short positions.
AUD/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
We are going short on the AUD/JPY with the target of 105.603 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
AUD/JPY at long term ("daily-chart") technical support level as authorizations become executions, especially with market liquidate absolutely abysmal, don't be surprised to see multiple "unexplained" meltups in the coming days.
AUD/JPY For Bearishyou can go short now
or
wait for pullback at red arrow and go short
- General Trend is Down
- AUD under pressure
- JPY Strong than AUD
have fun :)
AUDJPYA break out the bullish triangle, The pair is sure giving a reversal signal.
Expecting an upward correction.
leave a like, comment tell me what you think?
