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Aud-jpy

AUDJPY 4hour Analysis August 14th, 2022AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we are looking bullish on AJ. Going into this week we are going to look for reactions near our 95.000 resistance zone. For us to continue bullish we need to see a significant high above 95.000 with a confirmed higher low above. Trade scenario 2: For us to consider AJ bearish again we would need to see strong rejection from 95.000 with a lower high below. Look to enter short and target lower toward major support levels.
by ForexLeague
AUDJPY Low risk tradesThe AUDJPY pair has been trading within a bullish Channel for more than a year and is currently on the 1D MA50 (blue trend-line). The 1D RSI Lower Highs sequence prompts to the similar structure of November 2021 - February 2022, which made the pair break upwards when the RSI Lower Highs broke eventually. As a result, a similar RSI break-out should be enough to target the top of the bullish Channel around 99.000. However since the June 08 top, we see a shorter-term Channel Down forming with clear Lower Highs and Lower Lows. With the price that close to the Lower Highs, it offers excellent Risk/ Reward ratios both on the upside break-out and the rejection, which should target the Lower Lows trend-line above (or near) the 1D MA200 (orange trend-line). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
1
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.
Short
by ForexLeague
1
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.
Short
by ForexLeague
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.
by ForexLeague
AUDJPY to continue in the bullish channelAUDJPY - Intraday - We look to Buy at 94.50 (stop at 93.50) Previous support located at 95.00. Previous resistance located at 95.50. Further upside is expected although we prefer to set longs at our bespoke support levels at 94.50, resulting in improved risk/reward. A move through 95.50 will confirm the bullish momentum. Our profit targets will be 96.50 and 97.00 Resistance: 95.50 / 96.50 / 97.00 Support: 95.00 / 94.50 / 94.00 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 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.
Long
by ForexLeague
AUDJPY can move lower? 🦐AUDJPY on the 4h chart on last Friday broke below the support area at the 93 level. The market is now looking for a retracement and a possible retest of the 0.382 Fibonacci level. How can i approach this scenario? I will wait for a retest of the resistance level and at that point if the price will provide an inversion i will check a potential short order according to the Plancton's strategy rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
8
AUDJPY breaking above its ChannelThe AUDJPY pair has been trading withing a Channel Down since the June 08 High and has found lately support on the 1D MA50 (blue trend-line). In 1D RSI terms, it appears to be replicating the October 20 2021 - January 28 2022 pattern, which eventually broke to the upside and reached its 2.0 Fibonacci extension. As a result, as long as the 1D MA200 (orange trend-line) holds, we are turning into buyers on this pair, targeting 97.900 initially. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
Long
by TradingShot
1
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.
Short
by ForexLeague