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Aud-jpy

AUDJPY back to to the 90s? 🦐AUDJPY on the 4h chart is trading above a 4h support. The price after the bullish impulse never provided us a retracement and tested after the recent high the 0.618 Fibonacci level. How can i approach this scenario? I will wait for the London market open and check for a possible break below the support area. In that case i will look for the application of Plancton's strategy and set a nice short order. ––––– 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
18
AUDJPY 4hour Analysis May 8th, 2022AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Ranging Trade scenario 1: On higher timeframes we can see AJ has been mainly bullish. Only until we hit 95.000 resistance did we see any sort of reaction. After 95.000 resistance was met we saw a 4hour transition which developed into 4hour ranging/consolidation. Essentially, we have no present trend to trade. In order to continue bullish we need to see a bullish break of the range in the form of a higher low above 92.850 Trade scenario 2: It is most likely that for this week we will see the ranging continue and price action will head toward 91.000 support.
by ForexLeague
Is it too good to be true ??AUDJPY looks to be in a perfect place for a short position right now, I personally opened my short near the wave Y end, though it seems like i wont be closing it any time soon unless this scenario looks to be invalidated. For time being, my bias on AUDJPY is neutral for HTF, since everywhere i look, people are rooting for short, which will be making the downward move more difficult. Smart money can easily manipulate the market and squeeze all those shorters.
Short
by syedhamza2135
AUDJPY 4hour Analysis May 1st, 2022AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: The higher timeframes are mainly bullish but it is clear to see that we are overextended. We even can see monthly wicks and weekly rejection so a reversal may be imminent! On the 4hour we are strongly bearish and this timeframe will be the one to tell us where price action is going next. Ideally we continue bearish and break support at 91.000. If this happens look for a lower high below which will present a great short opportunity. Trade scenario 2: For us to consider AJ bullish for entries we need to see a higher low above 92.850.
Short
by ForexLeague
1
AUD/JPY SHORT trade to 91.16Hello All, apologies for not posting sooner, today was my anniversary and so spent most of the day out and about with my girl, Valid short trade on the AUD/JPY pair. Began to roll over Friday's close but wanted to see it break that support line (illustrated by red arrow on chart) which it now has. Wasn't able to post when it was the most optimal trade as soon as we rejected that orange line as resistance, but still plenty of room for profit on this trade. Updates to come. Safe trading. :)
Short
by UnknownUnicorn37609548
AUDJPY 4hour Analysis April 24th, 2022AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: This pair is extremely over extended and the daily timeframe shows that best. We are on the 4hour timeframe on this analysis to showcase the potential for this week. Ideally, price action continues in this steep bearish trend and falls to 91.000 for structure formation. We can then consider long scenarios if we see a 4hour bullish trend emerge. Trade scenario 2: I would not consider long scenarios on this pair yet but we could see price action reject off 92.850 support and consolidate some more. This pair is due for a pullback so we have to be careful where we consider long scenarios.
by ForexLeague
AUD/JPY (Gartley Pattern) 1HRPAIR: AUDJPY TRADE: GARTLEY PATTERN POSITION: BUY TIME-FRAME: 1HR -------------------- Another intraday trading opportunity that I'm involved with. The ratios lined up, criteria was met and my plan says to execute the trade. Let price action dictate getting involved or sitting out, based on your historical data, probabilities and rules. Be safe trading, always and trade the plan. -------------------- Truly grateful to be here and share my thoughts with everyone. Always appreciate your thoughts and what you have to say and share, let's experience Trading in a positive way, together. Time is precious, be kind to everyone and be safe in the markets, always. "See yourself as love and only have that, to give away." -------------------- Phil C.
Long
by Phil_C
AUD/JPY (Bat Pattern) 15MPAIR: AUDJPY TRADE: BAT PATTERN POSITION: BUY TIME-FRAME: 15M -------------------- Another intraday trading opportunity here on the AUD/JPY. Looking at a potential buy with a nice Bat Pattern, that may complete down at the 886%, which is a nice structure level. Excited for this potential trade opportunity today. -------------------- Truly grateful to be here and share my thoughts with everyone. Always appreciate your thoughts and what you have to say and share, let's experience Trading in a positive way, together. Time is precious, be kind to everyone and be safe in the markets, always. "See yourself as love and only have that, to give away." -------------------- Phil C.
Long
by Phil_C
Dominant Currency Sentiment – Diverging Yields JPY is once again leading to the downside as the growing divergence between US and Japanese yields keeps the currency pressured. Furthermore, Reuters argues that “many investors are betting the yen has further to fall. The latest CFTC data for the week ending April 12 shows net short yen positions are the largest in three and a half years.” In contrast to JPY and leading to the upside is AUD, with the commodity linked currency supported by the latest RBA meeting minutes, which suggested that the central bank expects a further rise in inflation and therefore expects to raise rates sooner than was initially expected. Looking ahead today’s economi8c calendar is light on tier one data, keeping the market’s focus on current themes, particularly monetary policy outlooks and their influence on external factors raning from yields to the global economic outlook.
by thunderpips
1
AUDJPY Sell signal on overbought 1D RSIThe AUDJPY pair has given a clear medium-term bearish signal. The 1D RSI got rejected late last month within its multi-year Resistance Zone with the price initially reacting with a pull-back but has since recovered and turned neutral. Every time that the price hit the 1D RSI Resistance Zone since 2020, it pulled-back to at least the previous Fibonacci level: In June 2020 it pulled-back to the 0.0 Fib from the 0.5 Fib, in February 2021 it pulled-back to the 0.5 and then even 0.0 Fib from the 1.0 Fib. Finally in October 2021 it pulled-back from the 1.0 Fib straight to the 0.0 Fib. Right now, it is trading on the 1.5 Fibonacci extension level. Naturally we are expecting a pull-back on a two month horizon to the 1.0 Fib at least. A monthly candle closing below it, can even kick-start a deeper correction to the 0.5 Fib. This is a great low risk trade for swing traders. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
Short
by TradingShot
4
AUDJPY Daily Analysis April 10th, 2022AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action on this pair is still very overextended. We’re still looking for a massive pullback to correct this rally and form structure. Without structure we can’t do much on this pair just yet. Ideally, we see some consolidation followed by a pullback to 88.000 support. Trade scenario 2: We may have a short position loading up as well but it will be more risky without structure. Look for a break and retest of 91.000 support with strong bearish candlesticks to enter short on. Look to target lower toward 88.000 support.
by ForexLeague
AUDJPY I Headed Downward Welcome back! Here's an analysis of this pair! **AUDJPY- listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
AUDJPY - WILL CONTINUE TO FOLLOW THE MARKET SENTIMENT ??- From now on AUD can behave according to the MARKET SENTIMENT this week. The reason for this is that apart from yesterday's RBA MEETING, there is no significant ECONOMIC INDICATOR NEWS today. The same goes for JPY. So most likely AUDJPY will start following the current market SENTIMENT and COMMODITIES PRICES. So if a JPY WEAKNESS comes further it can continue to be AUDJPY BUY. - AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an understanding of COMMODITIES is a must. - AUD FEATURE is a bit UP after the RBA MEETING yesterday. And then it's PULLBACK again. AUD FEATURE stands at 0.7577 LEVEL. JXY is currently down a bit. That is why XXXJPY CURRENCIES BUY is happening at this time. According to the MARKET SENTIMENT and the AUD can be slightly STRONG again. Priced above AUDJPY DYNAMIC LEVELS. - Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK OFF status. Also the EQUITIES are turning a bit red. VIX is getting a bit UP. Also COMMODITIES are now showing a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. But because of VIX UP, EQUITIES DOWN, COMMODITIES DOWN the MARKET RISK is OFF. - You can go to 96.00 LEVEL before the AUDJPY PRICE is DOWN. Then you can DOWN to 89.97 LEVEL. Buying AUDJPY is a bit risky if VIX is UP. Currently VIX is becoming UP. So if you DAY TRADE to get AUDJPY BUY ENTRY from VOLATILITY RED. Pay more attention to the TREND LINE BREAKOUT. Then we can go to SELL TRADES.
by benny_marshall