AUDJPY 4hour Analysis August 7th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are clearly bearish on the 4hour timeframe with a good amount of volume present.
We want to continue bearish so ideally we see this double top form and price action starts to fall. Look for a confirmed lower high below our 93.000 zone for short entries.
Trade scenario 2: AJ has to prove a lot for us to see this pair as more bullish so until our 95.000 zone is broken we will remain mainly bearish on this timeframe.
Aj
AUDJPY 4hour Analysis July 31st, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Looking massively bearish on DXY from last week. Currently, price action is sitting at a low near our 93.000 level.
Ideally price action forms clear structure by pulling back to our 38.2% fib level then rejecting.
Trade scenario 2: On the other hand price action could still be pushing and we have not yet found our low.
Be patient for reactions around the current support level and follow which scenario price action goes for.
AUDJPY 4hour Analysis July 25th, 2022AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we are extremely bullish on AJ but how price action is acting around our 95.000 zone makes this chart tricky.
Ideally, we reverse near 95.000, as the pair is overextended, and start forming strong bearish characteristics.
Trade scenario 2: For this pair to look very clearly bullish we ideally need to see a clear break above 95.000 with a confirmed higher low above.
AUDJPY 4hour Analysis July 17th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Back to bullish for AJ. We recently broke a 4hour bearish trend when price action pushed through our 92.850 zone.
Going into this week we’re looking to continue bullish. Ideally we can spot some quality higher lows close to our 61.8% fib level for entry opportunities.
Trade scenario 2: For us to consider AJ more bearish we would need to see a break back through our 92.850 zone. If this happens and price action forms new structure we will consider entries on lower highs.
AUDJPY 4hour Analysis July 10th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are clearly bearish on AJ and it looks like we are going to continue with this bearish trend into the week based on what we can see right now.
Ideally, we spot a strong reversal near 92.850 with price action forming a lower high below. Look to enter short on strong bearish setups after the lower high.
Trade scenario 2: For us to consider AJ bullish again we would need to see a significant higher low above 92.850 with strong bullish setups to enter on.
AUDJPY 4hour Analysis June 27th, 2022AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are still overall bullish on AJ but we are clearly ranging here on the 4hour timeframe.
From here, the most likely scenario is that the range will continue.
Trade scenario 2: For us to consider AJ bullish again on this 4hour timeframe we need to see a break of resistance around 95.000 with structure above.
AUDJPY Pullback for Possible SelloffGood day everyone!
I am seeing a potential pullback on the 4hr timeframe. Looking at the daily candle close for confirmation and lower timeframe for possible reversal. Seeing an unmitigated zone on the daily timeframe, waiting on a pullback to that zone and look for potential reversal for possible selloff all the way down to the daily POI.
This will take some time since we are talking about the daily timeframe, but POI looks pretty strong.
AUDJPY Possible Selloff (Daily TF) Good morning traders, possible selloff on AJ on the daily. Liquidity has been taken from the upside, now we must be vigilant on how the daily candle closes and if any formations come with the move down. Possible double bottoms or wedge formation. This trade is only taken on the daily. FVG was filled yesterday.
- AXY has been on a bearish trend for a while, "yes, AUD has been trending bullish against all other pairs rather sharply, but it's time for a selloff.
Hope this helps someone out there, do your own personal analysis, thought I share with yah, remember, HAPPY TRADING !!!
AUDJPY 4hour Analysis June 19th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are still overall bullish on AJ and we can identify our key zone around 93.000. As long as we are above 93.000 we are generally bullish.
Look for strong rejection off 93.000 with clear characteristics of a bullish trend. Look to ride the trend and only enter long on higher lows near support levels.
Trade scenario 2: For us to consider AJ bearish we would need to see a break below 93.000 with a lower high below.
AUDJPY 4hour Analysis June 12th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are looking bullish on AJ and we are currently seeing a pullback to our 95.000 support zone.
How price action reacts at this zone will determine where we look for trades next. Ideally, price action forms structure and continues higher.
Look to enter long on conviction after a higher low is confirmed.
Trade scenario 2: For us to consider AJ bearish on this timeframe we need to see a break of support at 95.000 with structure below.
AUDJPY 4hour Analysis June 5th, 2022AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: All timeframes are back to bullish as we saw a massive rally last week all the way up to 95.000 resistance.
From here we’re expecting some sort of reaction but we are far from any trade scenarios.
For us to consider long scenarios further on AJ we need to see structure first. Look for a retrace and higher low formation above 92.850 support.
Ideally we can retrace, spot some consolidation and catch a clear continuation from price action.
Trade scenario 2: For us to consider AJ for shorts we need to see a strong bearish trend present itself.
We will entertain short scenarios once we break below 92.850 and spot some structure in the form of a lower high below. Look to target lower toward key support levels.
AUDJPY 4hour Analysis May 30th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: AJ is looking newly bullish as we broke back above 91.000 resistance. From here we’re looking for new structure in the form of a higher low close to 91.000.
Look to target higher toward 92.850
Trade scenario 2: For us to consider AJ bearish we need to break below 91.000 and form a lower high, new structure.
Target lower toward relevant support levels
Great entry AUDJPYI made a setup for this trade last night, however I didn't place it as I had a comfortable profit of about 2% for the day and was going away from my desk, annoyed I didnt place it, however its still nice to see your analysis being correct! Very nice trade, not dipping into the L area and just tipping over the TP before reversing.
AUDJPY 4hour Analysis May 22nd, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are still pretty bearish on AJ. Currently we are looking for strong rejection from resistance and conviction to enter short on.
Look to target lower toward 88.000 support.
Trade scenario 2: For us to consider AJ bullish we need to see structure in the form of a higher low above 91.000.
AUDJPY Pullback Before Sell Opportunity Good morning traders. AUDJPY currently pulling back up and possibly retest the 90.500. It can possibly pull back to the previous lower high, before going back down. Wait for confirmation before entering.
- Target I'm aiming for is 86.000
Hope this analysis actually helps. Feel free to follow and leave your comments below. HAPPY TRADING!!!
AUDJPY 4hour Analysis May 15th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking very bearish here on AJ as we saw a daily head & shoulders pattern execute last week.
Going into this week we’re looking for lower highs and rejection from key levels of resistance like 91.000
Trade scenario 2: For us to now consider AJ bullish we need to see a break of resistance around 91.000 with a higher low above.