AUDJPY Daily Chart Bullish Divergence
AUDJPY has seen continual bullish divergence for over 1 month now.
What are your thoughts on the bullish order block in the chart from recent days and a similar price? Feel free to comment.
JPYAUD trade ideas
AUD/JPY: Bearish Reversal in Play, A Long Downtrend Awaits?Hey Realistic Traders, OANDA:AUDJPY has no chance for a Bullish Outlook? Let's dive into the analysis...
After a prolonged consolidation phase, the Aussie Yen has once again traded below the EMA-200 line, forming a new lower high along the way. This bearish signal marked the beginning of a continued downward movement, which was further confirmed by a breakout from a rising wedge pattern. Such breakouts typically indicate strong bearish momentum, especially when accompanied by multiple bearish marubozu candlesticks.
Further strengthening this outlook, a falling wedge breakout occurred on the JPYBASKET, signaling a continuation of its prevailing bullish trend. This divergence between Aussie Yen and JPYBASKET adds weight to our bearish analysis.
Considering these strong technical signals, the price is likely to move downward toward the first target at 94.651 or potentially the second target at 93.716.
However, this bearish scenario depends on the price staying below the critical stop-loss level at 98.478.
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"Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Aussie Yen".
AUDJPY Is Going Down! Short!
Here is our detailed technical review for AUDJPY.
Time Frame: 5h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 96.297.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 95.036 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Going to be bulish for 1 yearAfter deep analyces of time cycle has now been completed
ITS GOING TO be BULISH FOR 1 YEAR, LONG TERM INVESTOR CAN BUY AND MAY GAIN UPTO 24%
audjpy buy tradeThe Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
AUDJPY"📉 AUDJPY Sell Trade: Still Running 🔄
Currently holding a sell position on AUDJPY. The pair has decreased by 1.46% in the past 24 hours, trading at approximately 95.359 JPY.
TRADINGVIEW.COM
The broader trend remains bearish, with technical indicators supporting the downward momentum. The 20-day and 50-day moving averages have formed a bearish crossover above the price action, reinforcing expectations of continued downside.
While the market shows promise, it's essential to stay vigilant and manage risk appropriately. The current price level is near the 95.00 support, and a break below this could open the path to lower targets.
#Forex #AUDJPY #TradingStrategy
Trend break out Breakout retest. After a resistance is broken we expect those that where being resisted to take over the market
Forex Fundamentals & JPY Strength Analysis | Daily Market UpdateForex Fundamentals & JPY Strength Analysis | Daily Market Update
In today’s video, we dive into the key fundamentals driving the forex market and analyze the strength of the Japanese Yen (JPY) for the day. Understanding the factors that affect currency movements, including economic data, geopolitical events, and central bank policies, is essential for making informed trading decisions.
We’ll also break down the current performance of the JPY, looking at recent trends, market sentiment, and what to watch out for throughout the day. Whether you’re a beginner or an experienced trader, this video will give you a clearer picture of how to navigate the forex market and assess the strength of major currencies like the Yen.
Key Topics Covered:
• Basic Forex Market Fundamentals
• Economic Indicators Influencing Currency Movements
• The Role of Central Banks & Interest Rates
• JPY Analysis: Current Strength & Market Outlook
• Tips for Day Trading with JPY Pairs
Heading into 50% Fibonacci resistance?AUD/JPY is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 97.79
Why we like it:
There is an overlap resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 98.77
Why we like it:
There is a pullback resistance level.
Take profit: 96.63
Why we like it:
There is a pullback support level that aligns with the 78.6% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUD/JPY Reversal: Targeting 102.000 from 96.900
AUD/JPY has recently shown signs of exhaustion at lower levels, signaling a potential reversal from the 96.900 level. Here’s a detailed breakdown of why this setup presents an attractive trading opportunity:
Technical Analysis:
Key Support Zone:
The 96.900 level has proven to be a significant support area historically, as seen from previous price reactions. The pair has bounced strongly from this region multiple times, indicating the presence of strong buying interest.
Bollinger Bands:
The price is approaching the lower Bollinger Band on the daily timeframe, which often serves as a dynamic support level. This suggests a high likelihood of mean reversion toward the midline or upper band.
Fibonacci Levels:
Applying Fibonacci retracement from the recent swing low to the swing high reveals that 96.900 aligns closely with the 38.2% retracement level. This confluence strengthens the case for a reversal.
Trendline Analysis:
A rising trendline drawn from the March 2023 low intersects near 96.900. The trendline has been respected multiple times, indicating its significance.
Divergence on RSI:
On the 4-hour and daily charts, the RSI is showing bullish divergence, with the oscillator forming higher lows while the price forms lower lows. This often precedes a reversal in price.
Volume Profile:
A noticeable increase in volume near the 96.900 region suggests accumulation by institutional players, further reinforcing the support level's validity.
Fundamental Drivers:
Risk Sentiment:
The Australian Dollar, being a commodity-linked currency, is often influenced by global risk appetite. Any improvements in risk sentiment could boost AUD demand.
Japan's Monetary Policy:
The Bank of Japan’s commitment to its ultra-loose monetary policy may continue to pressure the Yen. This divergence in monetary policies between the RBA and BoJ supports a bullish bias for AUD/JPY.
Economic Indicators:
Strong economic data from Australia, particularly in the employment and commodity sectors, could act as a catalyst for further upside.
Target and Risk Management:
Entry Point:
Look for long positions near 96.900, ideally after a bullish confirmation (e.g., a pin bar or engulfing candle on the daily timeframe).
Take-Profit Levels:
First target: 98.500 (psychological level and minor resistance).
Final target: 102.000 (major resistance zone from previous highs).
Stop-Loss Placement:
A tight stop-loss below 96.400 ensures limited downside risk while providing an excellent risk-to-reward ratio.
Conclusion:
AUD/JPY is presenting a high-probability reversal opportunity from the 96.900 support zone. Both technical and fundamental factors align, making this trade idea particularly compelling. Monitor price action closely for confirmation before entering.
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
———————————
WISH YOU ALL LUCK
AUD/JPY "Aussie vs Japanese" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the AUD/JPY "Aussie vs Japanese" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated on the MA level breakout of 98.400
However I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level.
Goal 🎯: 101.300 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Fundamental Outlook 📰🗞️
AUD/JPY is a popular currency pair that can be influenced by various fundamental and macroeconomic factors. Here's a brief analysis to help you make an informed decision:
Fundamental Analysis---
Interest Rate Differential: The Reserve Bank of Australia (RBA) has been keeping interest rates relatively high compared to the Bank of Japan (BOJ). This difference can make the AUD more attractive to investors, potentially driving up the value of AUD/JPY.
Commodity Prices: Australia is a major exporter of commodities like iron ore, coal, and gold. An increase in commodity prices can boost the Australian economy and support the AUD.
Economic Growth: Australia's economy has been showing signs of resilience, with a growing services sector and a rebound in consumer spending. Japan's economy, on the other hand, has been facing challenges, including a declining population and low inflation.
Macroeconomic Analysis---
Global Risk Sentiment: AUD/JPY is often considered a risk-on/risk-off pair. When investors are risk-averse, they tend to sell AUD and buy JPY, causing the pair to decline. Conversely, when risk appetite increases, AUD/JPY tends to rise.
Yield Curve: The yield curve in Australia has been relatively steep compared to Japan, which can attract investors seeking higher returns.
Central Bank Policies: The RBA has been maintaining a hawkish stance, while the BOJ has been keeping its ultra-loose monetary policy. This contrast can influence the AUD/JPY exchange rate.
Technical Analysis---
The AUD/JPY chart is showing a bullish trend, with the pair trading above its 200-day moving average. The Relative Strength Index (RSI) is around 60, indicating a moderate bullish momentum.
Conclusion---
Based on the fundamental and macroeconomic analysis, it seems that AUD/JPY might continue its bullish trend. However, it's essential to keep an eye on global risk sentiment, commodity prices, and central bank policies, as these factors can influence the pair's direction.
Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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AUD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
AUD/JPY is trending up which is evident from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a beautiful trend following opportunity for a long trade from the support line below towards the supply level of 98.447.
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AUDJPY - Short SetupMy 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 liquidity level and left untouched level lower.
But to take more statistically probable trades we should wait for some type of lower timeframe confirmation, and in this case we can notice sign of weakness (reaching the middle of the range), so potentially there is a higher probability to see price lower.
Your success is determined solely by your ability to consistently follow the same principles.
AUDJPY: Will Keep Growing! Here is Why:
Balance of buyers and sellers on the AUDJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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Key Resistance Level for AUDJPY: Towards 98.000?OANDA:AUDJPY is approaching a critical resistance level that has previously seen bearish reversals. The ongoing bullish momentum could provide an opportunity for sellers to step in and take control.
Key point: If we observe bearish signals such as rejection wicks at this resistance, the price could potentially drop towards 98.000. However, a breakout above this level would invalidate the bearish setup and shift the bias to a more bullish outlook.
It’s important to wait for clear rejection signals before considering any short positions. I'd love to hear your thoughts or different perspectives in the comments!
AUD/JPY Sellers Target Key Support Amid Diverging Monetary OutloThe AUD/JPY pair remains under bearish pressure, with sellers eyeing a sustained break below critical support at 97.700. While technical indicators confirm the dominance of downward momentum, upcoming economic events in both Japan and Australia could introduce volatility, potentially influencing the pair's trajectory.
Key Technical Levels
• Resistance Levels: 97.907, 98.243
• Support Levels: 97.700, 97.552, 97.364, 97.157
Read full article here:
erranteacademy.com
IDEA AUDJPY LONG POSITION Hi Traders
Pair: AUDJPY
📈 Position: LONG (BUY )
✅ Entry: 97.900
🔺 SL: 97.650
🎯 Take Profits:
• TP 1: 98.150
• TP 2: 98.400
• TP 3: 98.650 (Trailing SL)
bullish rally for AUDJPYI have marked 3 circles where the price has made a strong support plus the price has also indicated a broken trendline although the last bullish divergence is playing its role in pushing the price upwards the true confirmation of a bullish trend will be when the price will break the previous marked LH.
AUDJPY LONG: BOJ ON TAPThe BOJ is expected to cut Japan's interest rate buy 0.50% or 50 basis points, which could see JPY weaken hence we are opting for a buy/long AUDJPY Trade. If they hold rates unexpectedly, we still plan to go buy/ long AUDJPY.
AUD-JPY Bullish Bias! Buy!
Hello,Traders!
AUD-JPY is trading in a
Local uptrend and the
Pair made a retest of the
Horizontal support of 97.830
And we are already seeing
A bullish rebound so we
Will be expecting a further
Bullish move up
Buy!
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Check out other forecasts below too!
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
AUDJPY - 23 Jan 2025 SetupAUDJPY Market structure are making a Bullish structure. Spotted demand area (Green Rectangle). its the first demand area after the price breaking bearish structure.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
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Coffee Trade Team
