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Aud-jpy

AUDJPY 4hour Analysis August 2nd, 2020AUDJPY Long idea All significant timeframes are very bullish and we are looking to continue with this trend. Recently price action broke out of consolidation around the 75.00 area and is now retesting the broken zone as support. We are looking for a higher low and lower timeframe confirmation to support the idea of a bullish push. (The blue trade path) For us to consider short opportunities we want to see a break of our major support zone at 75.00 followed by a confirmed lower high. (The orange trade path)
Long
by ForexLeague
Don't miss the great sell opportunity in AUDJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (75.2). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Take Profits: TP1= @ 74.65 TP2= @ 73.95 TP3= @ 73.30 TP4= @ 72.50 TP5= @ 71.80 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
18
Don't miss the great sell opportunity in AUDJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (75.2). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Take Profits: TP1= @ 74.65 TP2= @ 73.95 TP3= @ 73.30 TP4= @ 72.50 TP5= @ 71.80 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
18
Breakout Identified in AUDJPYThe Breakout Opportunities system has just sold AUDJPY at 75.234. The system recommends entering this trade at any price between 75.031 and 75.296. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.062, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 75.483 and a profit target has been set at the 1 Day ATR level at 74.423. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance. Signal ID: 72719 Time Issued: Thursday, 30 July 2020 06:21:15 GMT Status: open Entry: 75.031 - 75.296 Limit: 74.423 Stop Loss: 75.483 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, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here. Past Performance is not an indicator of future results.
Short
by FXCM
1
AUDJPY 4hour Analysis July 26th, 2020AUDJPY Long idea This pair has been very bullish on the 4hour timeframe and recently broke key resistance around 75.000. Price action then shot up to our monthly zone around 76.500 and back down to 75.000 for a retest. From the current level we have two ways this could play out: 1.Price action finds support at 75.000 and continues with the overall bullish trend. Look to enter long on strong bullish setups confirming the higher low above key support. Target back toward our monthly resistance. (The blue trade path) 2.Bearish momentum continues and pushes price action back below 75.000. Look for short opportunities after a lower high is confirmed below resistance. (The orange trade path)
Long
by ForexLeague
AUDJPY Possible ReversalHere we have price coming down to a squeeze where price has struggled to break above, this area is interesting because we always have a set of rules for entry and Optimal RR is a must for every trade. I will not be entering blindly into this pair just for its interesting area but would like to let the market meet my conditions of entry and show more definition as to it reversing or not. I'll be waiting for a Breakout and also a confirmed impulse to the downside before thinking of entering.
Short
by RiosTrades
AUDJPY Detailed Analysis - Short SetupAccording to this week’s JPY COT report we can see that the Yen is stacking up even more long contract positions. We can expect it to hold a strong position among most of the pairs surely till the end of the month. AUDJPY has been in an uptrend since the false breakout in March 2020 where it reached the 60.000 mark near the monthly critical area. Now it has passed several critical zones without doing any correction and from a technical perspective it is a good time to do so before moving up towards the 85.000 area. The following structures give us a clue of how it will happen: 1. A formation of a reverse head and shoulders can be seen on the weekly timeframe. 2. A “M” formation can be seen on the 4H timeframe. On the 4H timeframe we are in a closed triangle structure which is coming to its end. After the strong close on Friday we can expect a second top in the daily critical area near 76.500. Afterwards the rejection will take place. Our target will be the 70.000 mark. Happy Traidng!
Short
by SigmaTrading
3