Get started

Aud-jpy

AUDJPY 4hour Analysis October 16th, 2022AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: AJ is also looking very bearish going into this week. Ideally, price action can form a clear lower high below 93.000 resistance and give us good entry opportunities. Look to target lower toward 91.000 support. Trade scenario 2: For us to consider AJ more bullish we first would need to see a break back above 93.000 resistance with a confirmed higher low above.
Short
by ForexLeague
AUDJPY 4hour Analysis October 9th, 2022AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking bearish on AJ and it looks like we will continue with this trend through the week. Ideally price action confirms below 93.000 and forms a lower high we can consider entering short on. If this happens look to target toward our -27% fib level & 91.000 support. Trade scenario 2: For us to consider AJ more bullish we would first need to see a break back above 93.000 with bullish setups in the range.
Short
by ForexLeague
AUDJPY Potential Selling Opportunity!Hello Traders, In this week's trading session we will be monitoring AUDJPY for a Selling opportunity in and around 93.5 OB zone. Once we get a bearish confirmation the trade will be executed and shared with our premium subscribers! - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Short
by BiggainLTD
Selling AUDJPY at market.AUDJPY - Intraday - We look to Sell at 94.00 (stop at 94.70) Previous support located at 93.00. Previous resistance located at 93.50. Indecisive price action has resulted in sideways congestion on the intraday chart. A move through 93.00 will confirm the bearish momentum. Our profit targets will be 92.50 and 92.00 Resistance: 93.50 / 94.00 / 94.50 Support: 93.00 / 92.50 / 92.00 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
1
AUDJPY 4hour Analysis October 2nd, 2022AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are fully bearish on AJ and it looks like it will continue into this week. Currently we are in an active trade where we rejected from 38.2% sharply. It is likely price action will continue lower and establish a new lower low. If we are able to spot quality lower highs on the way we may consider entry opportunities. Trade scenario 2: For us to see AJ as more bullish we first need to break above the lower highs established at 38.2%. This needs to happen along with a higher low above 95.000, ideally.
Short
by ForexLeague
3
AUDJPY 4hour Analysis September 25th, 2022AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Currently AJ is in a steep downtrend and it will be hard to catch falling price action. Ideally, we will look for a retest of 95.000 resistance with convincing bearish variations to enter short on. Look to target lower toward 93.000 support. Trade scenario 2: If we are to consider AJ bullish we would first need to see a break above 95.000 resistance with a higher low above.
Short
by ForexLeague
AUDJPY 4hour Analysis September 18th, 2022AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Overall AJ has been bullish on the major timeframes but last week the 4hour timeframe has been falling off in a strong bearish trend. If we are to continue bearish we would need to see strong rejection from the current zone 96.000. Look to target lower if this happens. Trade scenario 2: If price action pushed back above 96.000 it’s likely we will see a rally to 97.000 where we will have to look for a break or bounce.
Short
by ForexLeague
1
AUDJPY 4hour Analysis September 11th, 2022AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are still majorly bullish on AJ and we are currently consolidating at a high. The most ideal scenario for us would be to look for entries on structure points only (38.2 & 61.8). The safest move would be a clear reversal near 96.000 with strong bullish confirmations to enter on. Look to target toward the prior high & our -27% fib level. Trade scenario 2: For us to consider AJ full bearish on the 4hour we would need to see a break below 96.000 with confirmed new structure.
Long
by ForexLeague
1
Further upside is expected on AUDJPYAUDJPY - Intraday - We look to Buy at 96.25 (stop at 95.75) Previous support located at 96.50. Previous resistance located at 97.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 96.25, resulting in improved risk/reward. A move through 97.00 will confirm the bullish momentum. Our profit targets will be 97.75 and 98.00 Resistance: 97.00 / 97.50 / 98.00 Support: 96.50 / 96.25 / 96.00 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Long
by OANDA
AUDJPY 4hour Analysis September 5th, 2022AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We recently broke the daily range after price action pushed above 95.000. Currently price action seems to be ranging between 95.000 & 96.000 so we will have to wait for clear price action to make a decision. If we are to look for long entries we need to see a clear continuation. Look for a bullish break of 96.000 with confirmed higher lows above. Trade scenario 2: The other scenario is that ranging continues. If price action is to continue ranging we need to see rejection from 96.000 with strong bearish variations.
Long
by ForexLeague
AUD JPY - FUNDAMENTAL DRIVERSAUD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Despite a decent recovery from the start of the year, the AUD gave back most of its 1Q22 gains throughout 2Q22 due to China’s continued struggles with Covid breakouts, and more recently the big slump in key commodities (Iron Ore & Coal). China’s economy is always a key focus for the AUD. While other major economies are expected to slow in 2022, China was expected to grow (with monetary and fiscal policy very stimulative), but we are yet to see the new additional stimulus measures spill over into the soft and hard data. The expected recovery, if it happens, remains a key consideration for the AUD. Our view in 1Q22 was that China’s expected recovery would be enough to keep commodities like Iron Ore supported even while other commodities push lower on global demand concerns, but the market proved us wrong on that assumption. The RBA stuck to a higher pace of tightening with a 50bsp hike in August, but it wasn’t enough to provide the AUD with upside as the bank mentioned their policy is not on a pre-determined path and also expressed growing concerns about consumers. While Iron Ore prices stays pressured and covid lockdowns in China persists, we maintain a neutral bias for the AUD. POSSIBLE BULLISH SURPRISES Positive Covid developments in China (easing restrictions, more fiscal or monetary support, or stopping their covid-zero policy) could trigger bullish reactions in the AUD. As a risk sensitive currency, catalysts that causes big bouts of risk on sentiment could trigger bullish reactions in the AUD. Any catalyst that triggers some recovery in Australia’s key commodity exports (China stimulus, lifting covid restrictions, new infrastructure projects in China, higher inflation fears) should be supportive for the AUD. With the RBA just getting started with their hiking cycle, there is scope for them to turn more aggressive, which means any overly hawkish comments or overly bullish CPI, or wage data could trigger some bullish reactions. POSSIBLE BEARISH SURPRISES Negative Covid developments in China (increasing restrictions or adding new ones) could trigger bearish reactions in the AUD and remains a course of concern. As a risk sensitive currency, catalysts that causes big bouts of risk off sentiment could trigger bearish reactions in the AUD. Any catalyst that triggers more downside in Australia’s key commodity exports (additional China restrictions, demand destruction fears, and additional news on recent centralized iron ore buyers) could be negative for the AUD. Concerns about consumers & growth means the RBA have been cautious to confirm STIR market expectations. If they ‘only’ hike by 50bsp without higher terminal rate forecasts we would expect the AUD to push lower out of the meeting. BIGGER PICTURE The outlook for the AUD is neutral for now, but that is largely dependent on what happens to China, whether key commodities like Iron Ore and Coal can stop their recent bleeding, and how long China struggles to recover their previously expected growth trajectory. Until the covid situation improves materially, and until commodities and China’s growth stabilizes, the AUD is best suited for short-term trades in line with strong short-term sentiment. Also keep in mind that the AUD is currently the most stretched among the other majors versus the US Dollar, so AUDUSD could be considered on any decent positive catalyst. With a 50bsp fully priced, without an overly hawkish RBA policy statement the AUD looks vulnerable to more downside. JPY FUNDAMENTAL OUTLOOK: BEARISH BASELINE In recent weeks, yield differentials have been the biggest negative driver for the JPY with the BoJ keeping 10-year JGB yields capped at 0.25% with yield curve control while other central banks are hiking rates aggressively. Thus, the BoJ’s reluctance to shift on policy even with inflation starting to push higher remains a negative driver for the JPY. Even though the JPY is considered a safe haven, inflows has been limited in the current bear market compared to other cycles. The reason is Japan’s current account surplus (a main reason for safe haven appeal) has deteriorated due to the rise in commodity prices. Japan imports the bulk of their commodities , so very high energy prices has added to downside. The BoJ and MoF’s reluctance to intervene to stop the rapid depreciation in the JPY in recent weeks has been noticeable. As long as they just voice their dislike but fail to act, the market will keep testing them. Having said that, US10Y and commodities have been reacting more and more negative to the current negative cyclical growth outlook, and as a result has seen big players trim their massive JPY shorts. But this past week’s push higher in yields was a friendly reminder that inflation and yield differentials remain a major downside risk for the JPY, despite the negative cyclical outlook. POSSIBLE BULLISH SURPRISES Catalyst that triggers speculation that the BoJ could drop YCC or hike rates or both (big upside surprises in inflation ) could trigger upside in JPY, which means inflation data will be important to keep on the radar. Catalysts that trigger meaningful corrections in US10Y (less hawkish Fed, faster deceleration in US inflation , faster deceleration in US growth) or meaningful bouts of risk off sentiment could trigger bullish reactions from the JPY. Any catalyst that triggers meaningful downside in key commodities like Oil (deteriorating demand outlook, ease in supply shortage) could trigger bullish JPY reactions. Any intervention from the BoJ or MoF to stop JPY depreciation (buying the JPY or giving firm and clear lines in the sand for USDJPY ) could offer decent reprieve for the JPY. POSSIBLE BEARISH SURPRISES With yield differentials playing such a huge role for the JPY, any catalysts that push US10Y higher (more aggressive Fed, further acceleration in US inflation , better-than-expected US growth data) could trigger further bearish price action for the JPY. Any catalyst that creates further upside in oil prices (further supply concerns, geopolitical tensions) poses downside risks for Japan’s current account surplus and could trigger further bearish reactions in the JPY. Further reluctance from the BoJ and MoF to address the concerning depreciation in the JPY, and further reluctance from the BoJ to pivot away from very dovish policy is a continued negative driver for the JPY to keep on the radar. If the BoJ pushes back against calls for a policy shift despite upside surprise in CPI could trigger further JPY downside. BIGGER PICTURE The fundamental outlook remains bearish for the JPY, especially after the BoJ once again stuck to the same overly dovish script at their July meeting. As long as US10Y remain elevated and the BoJ stays stubbornly dovish and no push back is made against the JPY weakness from the BoJ or MoF, the bias remains lower. But take note of positioning which means we don’t want to chase the JPY lower and bullish reactions can see outsized upside on big drops in US10Y & commodities (which means keeping cyclical developments in the US in mind as a key influence on US10Y and thus the JPY as well). It also means watching incoming CPI data closely as any huge upside surprises could trigger speculation of a possible policy shift.
by thunderpips
1
💵Australian Dollar/Japanese Yen 💵Analyze (Update)!!! As I said before, the Australian Dollar/Japanese Yen started to fall from the top of the ascending channel with Shooting 💫Star💫 Candlestick Pattern and finally managed to break the bottom line of the ascending channel. As a result, the Australian Dollar/Japanese Yen's expectation of my green color decreases. 🔅Australian Dollar/Japanese Yen Analyze ( AUDJPY ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
AUDJPY 4hour Analysis August 21st, 2022AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Ranging 4Hour Trend: Bullish Trade scenario 1: Overall we are bullish on AJ but we have been seeing a ton of ranging on the daily timeframe and now we can see some choppiness happening here on the 4hour. The most likely scenario is price action rejecting 95.000 resistance and heading lower. Trade scenario 2: For us to consider AJ bullish again we need to see a break above 95.000 with a significant higher low above.
by ForexLeague