SELL AUDJPYAfter days of pushing higher and higher AUDJPY is ready for pullback. In todays session we are monitoring for a strong drop from 108.800 to lows below 107.800 and subsequently 107.00 stops are above 109.100, Use proper risk management. Shortby GeminiWealthGroupUpdated 558
AUDJPYThis market has reached an extreme high not seen since '07. A quick view of this on the Monthly show price eventually dropped 5000 pips. There is a bearish harami pattern forming on the weekly, on the daily a massive bearish engulfing candle has printed.RSI showing divergence on 4hr. There is noticable daily and 4hr imbalance, that i would like to see filled and show a reaction before going short. This would be a counter trend because are still bullish but this could be a good opportunity for big win. Shortby Red5FX0
BUY THE DIP , all the dollar currency dipped because of the newsHeading towards recovery now, we dipped because news were bad for the entire dxy currency basket , so lets hope we gona start recovery from here!Longby AdriaFX222
AUDJPY SELL SETUPThe AUD/JPY pair presents a promising sell setup. The Australian Dollar is anticipated to weaken against the US Dollar, similar to how other major currencies have weakened in recent weeks. Meanwhile, Japan is highly likely to intervene to prevent the Yen from depreciating further in the coming days.Shortby PotentFXUpdated 3
GOLD and impact of cpi newsXAUUSD has hit all our bullish targets. In our last analysis we have explained that if 2370 is not hit then the xauusd will fly to 2385 2393 2404 2421. bullish targets hit 2385✅✅✅ 2393✅✅✅ 2404✅✅✅ 2421✅✅✅ why xauusd fly high with cpi news? For the last three months the cpi is less than the expected value and fall in consumer price is an indication of finance department for cutting interest rates for stimulating borrowing investing and to boost purchase to strengthen economy. so now speculations for interest rate cut has increased and due to that reason as a safe haven gold price gone up for more detailed analysis and views follow us boost us04:55by realmillionairefxUpdated 4
AUDJPY Is Still BullishThe sell-off in AUDJPY and other JPY pairs caught many traders on the wrong foot. However, we expect the overall uptrend to resume soon. "Fast is fake" should also apply to the sell-off that has just taken place. Stay bullish!Longby Ochlokrat2
AUDJPY: Give me reasons to leave the rocket!Hello Traders, AUD/JPY has been on a remarkable bullish run, riding the trend within an ascending channel on the daily chart. The price is now approaching the upper boundary of the channel, and while the bulls are in control, we need to watch for signs of exhaustion. Resistance at 110.00 Support at 108.50 (trendline) Next major support at 105.00 (midline of the channel) Keep an eye on how the price reacts at these critical levels. A breakout above 110.00 could lead to new highs, while a failure could mean a potential pullback or consolidation.Longby AliSignalsUpdated 2
Long trade Tue 9th July 24 Buyside 4Hr TF Entry LND to NY Session PM Entry 108.792 Profit level 110.416 (1.49%) Stop level 108.644 (0.14%) RR 10.97 Longby davidjulien369Updated 2
AUD/JPY Trading Signal: Buy OpportunityDirection: Buy Enter Price: 108.742 Take Profit: 108.92066667 Stop Loss: 108.39366667 We have identified a promising buying opportunity for the AUD/JPY currency pair based on current technical analysis and our sophisticated EASY Quantum Ai strategy. Rationale: 1. Support Level Identified: Recent trading patterns suggest a strong support level around the 108.742 mark, indicating a low-risk entry point for a buy position. 2. Upward Momentum: Technical indicators signal upward momentum, with an expected price rise towards the Take Profit level at 108.92066667. 3. Risk Management: Setting a Stop Loss at 108.39366667 helps manage risks by limiting potential downside in case the market moves against the predicted direction. 4. Market Conditions: Positive economic data and favorable geopolitical conditions support the strengthening of the AUD against the JPY, further reinforcing our buy signal. This signal has been generated with the assistance of our proprietary EASY Quantum Ai strategy, which incorporates various market data and advanced algorithms to provide accurate and timely trading signals. Please ensure to perform your own due diligence and consider your risk tolerance before entering the trade. Happy trading!Longby ForexRobotEasyUpdated 1
AUDJPY - BUYTrend is up Aussey has been strong all week Points for Strength The AUD/JPY has been strong this week due to several key factors: 1. Rising Commodity Prices - Increases in iron ore and coal prices have boosted the AUD. 2. Interest Rate Differentials - Australia's higher interest rates compared to Japan make the AUD more attractive. 3. Positive Risk Sentiment - Favorable global market conditions have driven investors towards higher-yielding currencies like the AUD. 4. Strong Australian Economic Data - Higher-than-expected inflation and other positive economic indicators have strengthened the AUD. 5. Central Bank Policies - Speculation on future rate cuts by other central banks, while Australia's rates remain stable, supports the AUD. 6. Technical Indicators - The AUD/JPY has been trading at 90-day highs, with bullish technical patterns. 7. Global Market Influence - Strong performance in global markets, particularly US equities, has positively impacted the AUD. These factors collectively contribute to the recent strength of the AUD/JPY pair. by NZ_Shareman0
GBPCADThe Chart is printing Bullish Trend with HH and HL and there is no Divergence also . Longby Azeem2081
AUD/JPY Flirting with Record Highs; Eyeing Higher LevelsThe Australian dollar (AUD) is on a tear versus the Japanese yen (JPY) and displays little sign of slowing, with the AUD/JPY currency pair recently refreshing all-time highs of ¥108.60 after rupturing the ¥107.86 peak formed in 2007. All-Time Highs and H4 Ascending Triangle Regarding current price action, ¥107.86 will likely be viewed as a potential support level. Moving across to the H4 timeframe, you will note that after the pairing ventured north of ¥108.00, buyers and sellers have been busy carving out a potential ascending triangle, drawn from ¥108.58 and ¥108.03. In strong trending environments such as what we’re in now on the AUD/JPY, the ascending triangle formation is considered a continuation pattern. This means that a breakout to the upside is potentially on the cards, particularly as price is nearing the apex of the ascending triangle. A breakout to the upside is usually traded in one of two ways: either enter long on a H4 close above the ascending triangle and take aim at the ¥109 region as an initial take-profit objective, or wait and see if price action retests the breached boundary as a support and enter based on that level holding, again targeting ¥109 as an initial upside objective.Longby FPMarketsUpdated 1
AUD/JPY Eyes 1991 High After Clearing 2007 HighAUD/JPY may attempt to test the 1991 high (109.70) as it pushes above the opening range for July. AUD/JPY Rate Outlook AUD/JPY continues to register fresh yearly highs after clearing the 2007 high (107.82), with the ongoing rally in the exchange rate keeping Relative Strength Index (RSI) in overbought territory. AUD/JPY may continue to appreciate as the RSI holds above 70, with a breach above the 1991 high (109.70) opening up the 110.10 (61.8% Fibonacci extension) to 110.60 (161.8% Fibonacci extension) region. However, the RSI may show the bullish momentum abating should it struggle to hold above 70, and failure to hold above the 2007 high (107.82) may push AUD/JPY back towards the 105.43 (2013 high) to 105.50 (50% Fibonacci extension) area. --- Written by David Song, Strategist at FOREX.com by FOREXcom1
AUD/JPY SHORT FROM RESISTANCE Hello,Friends! AUD/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 106.780 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 229
Daily Capital Flow Setup: AUD+7/JPY-6Looking at the M15 chart for AUD+7/JPY-6, there appears to be a short-term opportunity to go long today with a risk-to-reward ratio of 1:2. I have set a limit order at the start of AUD's demand zone, which will expire by the end of the day at 23:00 GMT+2. Fingers crossed it gets filled!Longby CGE_TradingUpdated 1
AUDJPY in Bullish TrendAUDJPY is observed making HHs and HLs. This bullish trend is analysed at 30m time frame with no divergence. Using a trendline the projection is drawn. The Signal is: EP: 108.595 SL: 108.268 TP: 108.922 RR: 0.25% Lots: 0.12Longby MuhammadArif0390
Week 28 Outlook - AUD/USD, EUR/USD, AUD/JPYHey everyone!!! Here I have published my outlook for Week 28 on a couple currency pairs I've been watching and had finished some analysis on over the weekend! -Will keep live trade ideas updated! -New ideas on the way!! Covers: -AUD/USD -EUR/USD -AUD/JPY07:56by Novi_Fibonacci222
AUDJPY 240 - Channel Up Emerging : 2 days agoChannel Up identified at 7/6 04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 110.19 within the next 5 days. Expiry Date/Time: 7/12 16:52Longby ronlobo0
Why this is currently my favourite pair to trade...AUDJPY is currently my favourite pair to trade due to the Australian Dollar's strength during the summer commodities season, coupled with the Japanese Yen's recent losses. This pair is due to see further gains. The following is my analysis on why I'm bullish on this pair: AUD strength during commodities season - Over 20% of Australia's exports are commodities. If you compare the commodities index (SPGSCI) chart with the Australian Dollar Index (AXY) you will see that both asset classes move in a very similar direction in the mid - long term. Currently Oil prices are expected to continue their gains as we are in the summer months where Oil demand is much higher with a peak expected in September - October. Oil prices have a massive influence the wider commodities prices. As a result, I expect the AUD to maintain stable gains over the next month. JPY weakness and Bank of Japan intervention - The Bank of Japan (BOJ) intervened in the currency markets in 2024 by purchasing Yen to prevent significant losses against the USD. This intervention aimed to stabilise the Yen amidst growing economic pressures and market volatility. Central bank interventions are a short term solution to a long term problem, and the currency usually continues to see losses even after the interventions. We have seen this happen previously when the BOJ intervened in 2022 and Russia when they faced sanctions in 2022 from the war in Ukraine. As a result, I expect JPY to continue its losses. Short term rallies on the Yen will see further opportunity for traders to sell. Risk to consider - The biggest risk with AUDJPY or any currency against the JPY is another BOJ intervention. The BOJ does not release when and at what price they will intervene at. However, once the intervention is complete, prices start to stabilise again before gains continue. Interest rates: Australia Real Interest Rate: 4.35% (Cash Rate) - 3.6% (Inflation Rate) = 0.75 Japan Real Interest Rate: 0.1% (Cash Rate) - 2.8% (Inflation Rate) = -2.7% (Negative Rate) Current interest rate adjusted for inflation is on favour of the AUD (0.75 > -2.7) As AUD rates are higher than Japan's, more money is flowing out of the JPY and into the AUD. Based on this, we can expect AUDJPY to continue moving higher. It's important to know that Japan's inflation rate has been climbing since September 2021. As long as Japan's inflation rate remains high and the interest rate differential is wide, this pair will continue to see gains for at least up until Mid 2025. In summary, I am only looking to buy this pair on intraday plays :)Longby TheForexMessiah1
AUDJPY Expected Growth! BUY! My dear subscribers, My technical analysis for AUDJPY is below: The price is coiling around a solid key level - 108.32 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 108.41 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 115
AJ D Buy Idea 6/9/24Price has returned to the daily highs from 4/26/24. Looking for bullish continuation to at least around 104.945 which is a previous weekly high. **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**Longby cecediditUpdated 0
AUDJPY - Bearish TradeThe price has formed Double Top reversal pattern. After crossing down Double Top Neckline, sellers will remain in control. Bearish divergence is observed before double top.Shortby ZubairShah911
AUDJPY TradeAS you can see there, audjpy currently broke structure and also breaking below support and gave us a retest Shortby SaacTrades3