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Aud-jpy

AUDJPY: Testing the 1D MA50, approximating the perfect shortAUDJPY continues to trade inside a Channel Down, testing today the 1D MA50 after a continuous 1 month counter trend rise. For the time being this is rise similar to the one that was completed on February 14th and made the latest Lower High on the Channe Down. The ideal short entry is between R1 and the 1D MA200. We set a long term target on AUDJPY on the bottom dotted trendline (TP = 85.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
1
AUDJPY Sell opportunity on a Double Channel Down pattern.The AUDJPY pair is trading inside Channel Down pattern since the September 13 2022 High that is diverging some (dotted lines) to the 1D MA200 (orange trend-line). At the moment the price is ranged within the 1D MA50 (blue trend-line) and 1W MA100 (red trend-line). Having previously broke below the 1W MA100, the current level is an ideal sell entry and with the 1D RSI showing similarities with with late 2022, we will target 83.450 as a Lower Low. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
AUDJPY to stall at current resistance?AUDJPY - 24h expiry - The medium term bias remains bearish. In line with the possible early stages of a head & shoulders pattern and the strong rejection of gains, we look to set shorts in anticipation of a swing lower. Neckline support is 89.40. Bespoke resistance is located at 89.92. Preferred trade is to sell into rallies. We look to Sell at 89.92 (stop at 90.12) Our profit targets will be 89.45 and 89.20 Resistance: 89.92 / 90.05 / 90.247 Support: 89.53 / 89.40 / 89.19 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
AUDJPY: Possible upward continuationThe AUDJPY currency pair has rebounded after touching a yearly ascending trendline on the weekly chart. Current indicators suggest that the uptrend is still intact, but a price level of 91.10 must be surpassed for confirmation. On the 4-hour chart, the price is moving above the 100 and 200 moving averages and forming higher peaks within an ascending channel. The price has now reached a support area due to touching the ascending trendline and the 23.6% Fibonacci retracement level of the 100 moving average. The expectation is that the price will continue to rise beyond the current resistance level. ---------------- Please share your thoughts in the comments and support the idea by liking it. Follow us for more trading ideas. Your support is appreciated.
Long
by Candlestick_OB
AUDJPY: Waiting for bearish signal to confirm sell opportunityThe AUDJPY pair has successfully broken through the 0.90 resistance level, but with decreasing momentum as indicated by the oscillators. Additionally, reversal candles have started to appear, and the price has touched the daily 100 moving average. If the price does not continue to rise and responds to the previous indications, we may have to wait for a bearish signal at the 0.8995 level, which could be considered a selling opportunity with a target of 0.8915. However, if the price continues to rise, it will face several factors that could support its upward momentum, including the monthly downtrend line and the weekly upward trend line, as well as the 100 and 200 moving averages on the 4-hour timeframe. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
Short
by Candlestick_OB
Joe Gun2Head Trade - AUDJPY correcting?Trade Idea: Selling AUDJPY Reasoning: Start of a C leg lower? Entry Level: 88.91 Take Profit Level : 87.60 Stop Loss : 89.35 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
AUDJPY to see a temporary move lower?AUDJPY - 24h expiry - We look to Buy at 87.30 (stop at 86.60) Previous support located at 87.50. Previous resistance located at 88.50. Price action has stalled at good support levels and currently trades just above here (87.50). The correction lower is assessed as being complete. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 88.50 will confirm the bullish momentum. Our profit targets will be 89.00 and 89.30 Resistance: 88.50 / 89.00 / 89.50 Support: 87.50 / 87.30 / 87.00 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
Joe Gun2Head Trade - Intraday reversal on AUDJPYTrade Idea: Selling AUDJPY Reasoning: Intraday reverseal, break of a short term channel. Entry Level: 88.906 Take Profit Level: 87.44 Stop Loss: 89.42 Risk/Reward: 2.8:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
Bearish Elliott Wave Sequence in AUDJPY Suggest Further DownsideAUDJPY shows a 5 swing bearish sequence from September 2022 peak favoring further downside. Cycle from 2.15.2023 high is currently in progress as a 5 waves impulse Elliott Wave structure. This cycle is mature and expected to end soon. Down from 2.15.2023 high, wave 1 ended at 91.91 and rally in wave 2 ended at 93. Pair then resumes lower again in wave 3 towards 87.33 as the 1 hour chart below shows. Rally in wave 4 ended at 89.509 with internal subdivision as a zigzag structure. Up from wave 3, wave ((a)) ended at 88.719 and wave ((b)) ended at 87.37. Final leg wave ((c)) ended at 89.509 which completed wave 4. Wave 5 lower is now in progress with subdivision as another 5 waves impulse in lesser degree. Down from wave 4, wave ((i)) ended at 87.115 and rally in wave ((ii)) ended at 89. Pair resumes lower in wave ((iii)) towards 86.04, and wave ((iv)) is proposed complete at 87.53. Near term, as far as pivot at 89.509 high stays intact, pair has scope to extend lower before ending wave ((v)) of 5. This should also complete cycle from 2.15.2023 high and then pair should see larger degree correction higher in 3, 7, 11 swing.
by Elliottwave-Forecast
AUDJPY feels a need of correction before further downsidesHey Traders, in the coming week we are monitoring AUDJPY for a selling opportunity around 88.300 zone, AUDJPY is trading in a bearish channel and now seems to reject the channel support and feels a need of correction before hitting the channel resistance around 88 resistance zone. Fundamentally we still see that JPY and CHF are attracted by investors as they are considered both a safe haven currencies in time of uncertainty in the market and not forgetting the banking sector crisis. Trade safe, Joe.
Short
by JoeChampion
16
AUDJPY - Over-Sold Zone ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. AUDJPY has been overall bearish trading inside the falling orange channel, however it is currently approaching the lower orange trendline. So we will be looking for buy setups. Moreover, the green zone is a strong support and demand. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower orange trendline. (acting as non-horizontal support) As per my trading style: As AUDJPY approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
1
AUDJPY Testing the 2-year Higher Lows Zone.The AUDJPY pair hit last week the 1W MA100 (red trend-line) for the first time since November 04 2020, while entering the Higher Lows (dotted) Zone that started around the same time. As you understand this is a critical Support cluster, considering that Support 1 (87.100) is also holding. If broken, we will sell aiming at the top of the 2021 Support Zone at 80.500. As long as it holds, we are bullish targeting the 1D MA200 (orange trend-line) at 92.000. Keep in mind that it was the 1D MA200 which made an exact double rejection on a potential bullish break-out on February 14 and 21. A 1D candle close above it will be a buy break-out signal for us, targeting 98.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
AUDJPY - a key barometer of risk - is holding above key supportDespite the turbulence across global assets these past two weeks, AUD/JPY is opting to hold above key support and resistance levels including the 2022 low and 2021 high. Investors remain on edge as they cannot be sure that the worst is behind us, and there is a risk that another bank will 'break' under the pressure of higher rates, bad management and / or face another bank run. But what if none of this materialises? Or the Fed is not as dovish as market pricing currently implies. Perhaps the real risk is that it's not that risky, and that could leave room for an upside surprise. Even if AUD/JPY does break below 87.00, we'd prefer to see a break beneath the 2021 high of 86.26 before calling a major top on the weekly charts. The fly in the ointment is the FOMC meeting, because if they're not as dovish as hoped it could pressure risk assets such as indices and AUD/JPY. Yet a dovish meeting could support sentiment and send it higher. Either way, it is worth watching AUD/JPY around current levels as it could help signal the next likely directional move for risk assets in general.
by CityIndex
AUDJPY: Reversal pattern on 4-hour chartOn the daily chart, the AUD/JPY pair is in a strong support area, where the yearly trendline intersects with the monthly uptrend line and a monthly zone, in addition to a bearish weekly trendline, Fibonacci 61.8%, and the 100-week moving average. This indicates a high likelihood of strong price support at the level of 87.6. However, on the 4-hour timeframe, there are three consecutive bottoms and divergence on momentum indicators, which is a strong reversal pattern. The price needs to break through three obstacles, including a local downtrend line, a resistance level of 89.5, and the 50-period moving average on the 4-hour timeframe, before it can rise. Once these obstacles are overcome and the price stabilizes above 89.55, there will be a strong and rapid selling signal towards 91.5 as the first target and 92.8 as the second target. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
Long
by Candlestick_OB
AUDJPY Potential DownsidesHey Traders, AUDJPY is trading in a descending channel, in the coming week i expect JPY to continue outperforming AUD as JPY is considered a safe haven in time of uncertainty in the Forex Market so it may continue to strengthen against commodity currencies and as Reserve Bank of Australia attend an 11 Years interest rate high that open a door for a pause and signals dovish interest rates hikes the coming meeting. so AUDJPY shorts should be a perfect catch. Technically we have noticed that AUDJPY is approaching the descending channel resistance so i will be watching a potential reversal around 89 resistance zone. and i would be targeting the channel support. feel free to ask any question in the comment section. Trade safe, Joe.
Short
by JoeChampion
22