AUDJPY BullishAUDJPY has formed bullish divergence which indicates possible trend reversal. Therefore, we have placed a buy stop order above the last lower high. If price actions breaks above the entry point we can assume that trend reversal has begun. The sentiment is also 99% bullish.Longby ruba_hasan964
DCF Bets: AUD-5/JPY+7Today's market presents an opportunity for a short bet on AUD-5/JPY+7 with a risk-to-reward ratio of 1:1 or better. I've set a limit order at the beginning of AUD's supply zone, which will expire by the end of the day at 23:00 GMT+2. My total risk for this trade is ≈5%.Shortby CGE_Trading2
Long AUDJPY: A Calculated Move Based on Robust Market AnalysisGoing Long on AUDJPY Going long on the AUDJPY pair means that you expect the Australian Dollar (AUD) to rise in value against the Japanese Yen (JPY). Here are some reasons why you might consider this position: Economic Strength of Australia: If Australia's economy is performing well, this could strengthen the AUD. Factors to consider include GDP growth, employment rates, and commodity exports, as Australia is a significant exporter of resources like iron ore and coal. Interest Rate Differential: The interest rate set by the Reserve Bank of Australia (RBA) compared to the Bank of Japan's (BOJ) rate can influence this pair. If the RBA's rate is higher, it could attract investors to the AUD for higher returns. Risk Sentiment: The AUD is often seen as a riskier currency, while the JPY is seen as a safe-haven currency. If market sentiment is positive and risk-taking is high, this could lead to an increase in the AUD's value. Japanese Economic Performance: If Japan's economy is underperforming or if there is significant deflation, the JPY could weaken, making it cheaper to buy with the AUD. Trade Relations: Australia and Japan have strong trade relations. If these are improving, it could lead to an increase in the AUD's value. Remember, these are just potential reasons. Actual market conditions can vary, and it's important to do thorough research and consider getting advice from a financial advisor before making any trading decisions.Longby FtradeFXArabic5
AUDJPY Scalp Buys$OANDA:AUDJPY. Okay NOW scalp buys are of interest. Again, we are VERY bearish and may want to take the Weekly Liquidity Low before price thinks of retracing Longby CEOInvesting0
AUD/JPY looks terrible but beware getting overly bearishAUD/JPY has looked terrible since breaking the uptrend established in April earlier this month, slicing through a series of supports and the important 50-day moving average. Souring sentiment regarding China’s economic outlook has been a major factor behind the unwind, combining with narrowing yield differentials between the United States and Japan, along with weakness in global equities, to hammer AUD/JPY lower. AUD/JPY now finds itself testing horizontal support at 102.64, the last visible level on the charts before a potential retest of major uptrend support dating back to March 2023. That’s currently found at 100.75. Momentum is with the bears, with RSI yet to break its downtrend while MACD continues to signal downside risks. The only thing making me hesitant to short is AUD/JPY is now oversold on RSI (14). And when you look back at other recent episodes when the pair has been this oversold, its often coincided with a near-term market bottom. As such, I’m waiting for the price action to tell me what to do. If support fails, sell a clean break of 1.0264 with a tight stop above the level for protection. The initial target would be the major uptrend around 100.75. Alternatively, should support hold, buy with a tight stop below 1.0264 for protection. 104 is one potential target with 104.95 after that. DS by FOREXcom1
Potential bullish bounce?AUD/JPY is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which is also a pullback resistance. Pivot: 102.64 1st Support: 101.59 1st Resistance: 103.88 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets6
AUD/JPY Approaches June LowAUD/JPY approaches the June low (102.62) after closing below the 50-Day SMA (101.40) for the first time since March. AUD/JPY Rate Outlook Keep in mind, the selloff in AUD/JPY emerged following the failed attempt to test the 1991 high (109.70), with the decline in the exchange rate pulling the Relative Strength Index (RSI) back from overbought territory. The RSI may show the bearish momentum gathering pace as it slips below 30 for the first time since March 2023, with a breach below the June low (102.62) raising the scope for a move towards 102.40 (50% Fibonacci retracement). Next area of interest comes in around 100.80 (61.8% Fibonacci retracement) to 100.90 (78.6% Fibonacci extension) but AUD/JPY may attempt to retrace the decline from the start of the week should it defends the June low (102.62). Need a close above the 103.40 (100% Fibonacci extension) to 104.10 (38.2% Fibonacci retracement) region to bring the 105.50 (50% Fibonacci extension) to 106.10 (23.6% Fibonacci retracement) area back on the radar, with the next hurdle coming in around the 2007 high (107.82). --- Written by David Song, Strategist at FOREX.com by FOREXcom0
AUDJPY trade ideaAUDJPY has been bearish and currently still continues to respect structure. same as the previous trade, there is a break below a support and a retest. looking for a continuation to the downsideShortby SaacTrades1
AUDJPY: Bearish Setup on Pullback to Key LevelsTechnical Analysis: Weekly Chart: Last week's bearish continuation candlestick suggests that the bears are still in charge, indicating a potential move towards the weekly horizontal level around 102.97/61. Daily Chart: The previous day's bearish continuation candlestick with a lower low and lower close supports the bearish outlook. 4-Hour Chart: For a short position, I'm looking for a pullback to a key horizontal level around 104.52/68. Sell Limit Entry: 104.52/68 Stop Loss: Above 104.90 Target: 102.97/61 Fundamental Analysis: There’s not much happening with AUD except for the Flash Manufacturing PMI on Wednesday, July 24th. The Yen has gained ahead of the BoJ's policy meeting next week. Some BoJ officials are considering raising interest rates at the July meeting, though sluggish consumer spending complicates their decision.Shortby iamfotx0
AUDJPYAUDJPY probably going to break its bearish trend after a couple of false divergences. Longby Earn_withHassaan1
AUSSIE YEN FALLS TO SUPPORT!!!Price has fallen to support at 103.754 Are we likely to see a buy activities resume from that level? We plan to go bullish from the support level since there’s limited supply. I anticipate bullish price action to develop away from that level Longby Cartela1
AUD_JPY BEARISH BREAKOUT|SHORT| ✅AUD_JPY is trading in A local downtrend and the Pair made a bearish breakout Of the key horizontal level Of 105.000 which is now a Resistance, so we are bearish Biased and we will be Expecting a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx223
Audjpy remains Bearish Audjpy on my tf 4hr awaited till it choch @106.531 i relay mostly on Fvg and ranges when the price retraced and retried @ 105.736 I placed a sell order targeting 2nd tp for aggressive traders @ 104.753 still bearish hope my idea will bear fruits and I hope it will help someone out there am not so much in typing of ideas in this platform Shortby queUpdated 0
USDJPY trade ideaUSDJPY still on a downtrend. After breaking structure and below a support zone it gave us a retest and a double top confirming a rejection. Confirmed sellShortby SaacTradesUpdated 1
AJ Yearly Swing - SHORTSAnyone buying AJ way up here is completely insane. (Unless you scalp buying) We are looking severely bearish. Like market collapse bearish.... We have a YEARLY and MONTHLY bearish Reversal Pattern. This is a very high timeframe. We may hangout up here until next year OR we could see a Weekly / Daily Reversal Pattern and Down we go from there. Either way, I'm only interested in Shorts (on all JPY pairs)Shortby CEOInvesting330
AUDJPY: Important Bearish BreakoutAUDJPY is currently trading within a large expanding falling wedge pattern on the 4-hour chart. Following a test of the upper boundary of the wedge, the price dropped significantly and broke through a strong horizontal support today. It is likely that we will see a bearish movement towards the 103.63 level at this point.Shortby linofx18814
AUD/JPY The Pair is in an ascending channel which it has broken and it is currently correction on the lower time frame . Shortby Daizmen2
DCF Bets: AUD-5/JPY+7 Good morning, traders! Today's market presents an opportunity for a short bet on AUD-5/JPY+7 with a risk-to-reward ratio of 1:1 or better. I've set a limit order at the beginning of AUD's supply zone, which will expire by the end of the day at 23:00 GMT+2. My total risk for this trade is ≈5%.Shortby CGE_Trading0
Trade Signal for AUDJPY: SELLAttention traders, We have identified a promising SELL opportunity for the AUDJPY currency pair. Trade Details: Direction: Sell Enter Price: 105.224 Take Profit: 105.00433333 Stop Loss: 105.60633333 Our EASY Quantum Ai strategy has flagged this trade setup based on several key factors: 1. Technical Analysis: Current chart patterns suggest a downward trend. Indicators such as RSI and MACD signal overbought conditions, suggesting potential sell-off. 2. Economic Indicators: Recent economic data from Australia shows weakened market sentiment, adding downward pressure to the AUD. 3. Market Sentiment: Global risk aversion and geopolitical tensions favor a stronger JPY, making the AUD less attractive in comparison. Please ensure that you place your stop loss and take profit levels as specified to manage risk effectively. Stay alert for further updates as market conditions evolve. Happy Trading! Note: This signal is generated using the EASY Quantum Ai strategy and should be traded within the context of your overall portfolio and risk management guidelines.Shortby ForexRobotEasy1
Weekly Outlook - EUR/USD, AUD/JPYHey everyone! Here's my ongoing analysis on a couple pairs: EUR/USD -Potential Reversal Pattern AUD/JPY -End of an Impulse, Beginning of the Fall?! *As price develops, individual trade ideas will be published! -Thanks and Stay Tuned!07:48by Novi_Fibonacci2
AUDJPYThis Weekly FORECAST Opportunity for AUDJPY. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Longby TREND-TITAN2
AUDJPY Rally Base RallyOn the daily candle, there is a significant rejection, with the current price positioned at 0.618. We predict the price will rise initially before continuing its decline. There are 2 buy options: 1. Buy now - TP: 106.940 (+3) - SL: 104.940 (50 pips) 2. Buy on breakout, must have a momentum candle - Buy Stop: 105.700 - TP: 106.902 (+2) - SL: 105.102 (60 pips)Longby Rich_From_Home2
AUDJPY | Range Idea | Pre-MarketWithin a 100K Account Balance the split on Trade & Risk Management = 1/10% - 1/20% margin as an Execution Range, to set up an Order Entry and select a per Trade on Average, to avoid any drawdown hit regarding to Stop Loss & to execute Risk on Management Specifics. Trail Stop efforts are a Focus of Attention to the set up in general when Volatile-Price-Action is involved, mainly because of the usage of an Intraday-Scalp-Position tool on behalf on the Trade Plan in general # POSITION & Risk Reward | 15 Minutes Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.88 & 1 # POSITION & Risk Reward | 1 Hour Time Frame - Measurement on Session * 20 EMA * 1000 EMA * Retracement # TREND | TIME FRAME CONDUCTIVE | 4 Hour Time Frame - Support & Resistance area 1 - Support & Resistance area 2 - Support & Resistance area 3 - Subdivision & General Trend - Measurement on Session * Retracement * Support & Resistance * Trade Area | Focus & Motion ahead Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session Shortby jasper162310