We're anticipating a potential retest of the 94.930 resistance zone. If this level proves to be strong, we'll be seeking a selling opportunity from there, with our target set around the 93.031 area. Stay tuned for further updates in the upcoming week.
Hey Traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 93.600 zone, AUDJPY is trading is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 93.600 support and resistance zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring AUDJPY for a buying opportunity around 92.400 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 92.400 support and resistance zone. Trade safe, Joe.
The AUDJPY pair is on the 3rd day after a Double Top rejection on the 1D MA50 (blue trend-line). That was a Lower High at the top of 2-month Channel Down. This is a sell opportunity, as long as the price is closing 1D candles below the 1D MA50. Our target is a -3.68% decline (as the previous legs) at 91.450. You can more safely settle for the 1D MA200 (orange...
Hey Traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 93.700 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 93.700 support and resistance zone. Trade safe, Joe.
I believe we're going to start seeing a shift in sentiment for the JPY, there were indications last week, we broke a rising trendline, we've retraced and retesting now. Fundamentally the Japanese economy looks stronger, despite the loose monetary policy. We saw in June 2022 that BoJ can chuck curve balls in too, I'm not necessarily expecting that but if it...
Last week we saw AUD/JPY roll over nicely from a key resistance zone, yet its fast turnaround from the 200-day EMA now has a potential bullish breakout on our radar. A bullish pinbar formed on Friday after prices fell through our bearish target before closing above the 100-day EMA, then breaking above the 50 and 20-day EMAs on Monday. Prices are holding around...
A 2-bar bearish reversal pattern has formed at a historical resistance zone just below 96. Prior breaks above it in June and September failed last year. On both occasions the market fell near the 91 area before retesting the resistance zone, and in October we saw prices accelerate lower. What could trigger such a move this time around? Whilst nobody is expecting...
Australian Dollar Japanese Yen traded at 94.2260 this Tuesday June 13th, increasing 0.0160 or 0.02 percent since the previous trading session. Looking back, over the last four weeks, AUDJPY gained 3.35 percent. Over the last 12 months, its price rose by 1.26 percent. Looking ahead, we forecast Australian Dollar Japanese Yen to be priced at 93.7636 by the end of...
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Price is in a downward trend in 1 H time frame .. any up in price is a chance to enter the trend.. now is an excellent opportunity. Although it's in the middle of a trend, and I usually don't enter in the middle. Still, this one is a low risk .. with risk management, you can join it now .. and follow it down to wherever it goes .. remember to stop-trail .. and...
AUDJPY is on a 3 week selling streak with the 1D time frame just turning neutral (RSI = 45.648, MACD = 0.510, ADX = 43.673) after more than a month in the bullish zone. The price is approaching the 1D MA50, where you can buy on a 2-3 days basis but we mostly focus on getting a sell on that bounce and target the HL trendline (TP 93.100) near the S1. Further selling...
Jul 12 6:40am AUD RBA Gov Lowe Speaks POI 2 zone for bullish market PEPPERSTONE:AUDJPY
AUDJPY - 24h expiry Trading within a Corrective Channel formation. We look for price action to stay within the channel formation today. Risk/Reward would be poor to call a buy from current levels. A move through 95.50 will confirm the bullish momentum. Short term RSI has turned positive. We look to Buy at 94.70 (stop at 94.25) Our profit targets will be...
Hey Traders, in the coming week we are monitoring AUDJPY for a buying opportunity around 94.400 zone, AUDJPY is approaching a significant support line around the 94.400 supply and demand area. Once bulls are confirmed i would consider 96.5 as a target as it's considered the next major resistance zone AUDJPY will be facing. Trade safe, Joe.
I'm expecting further strength for the Aussie this week, and weakness from the Yen against it, so I'm looking for a long. We may fall-back to the 38.2 fib but then I think we'll see a strong move upwards, breaking out of the bull flag. We've seen this retracement as the pair became over-bought, but we now seem clear for a continuation upwards. I'm keeping a...
Price is approaching a big resistance at 96.85 which is an overlap resistance and a 127% Fibonacci extension. A reversal from here could see prices drop to the 96.53 level where the start of the breakout occurred. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party...
AUDJPY crossed today over the MA50 (4h), breaking at the same time above the 10 day Bull Flag pattern. All this after holding the MA50 (4h) as Support. Trading Plan: 1. Buy on the current market price. Targets: 1. 97.675 (Resistance 1). Tips: 1. The RSI (4h) broke above its Resistance. An additional bullish signal. Please like, follow and comment!!