AUDJPY: Targeting 104.00 Swing Trade, First Target is 101.00AUDJPY price is currently trading within the bullish channel and it is likely to continue being bullish. Both technical and fundamental supporting AUD to remain extremely bullish in coming days whereas Yen is likely to drop heavily in upcoming weeks which will help us to target 101 and then 104. Use accurate risk management to get most of the result.
AUDJPY
Aussie CPI on Tap - How to Trade Aussie PairsAt 9:30pm EST we have Australia reporting CPI data and in this video I have plotted out some areas of interest that I would consider selling Aussie provided we get strong bullish momentum following the reports. The sells are intended to only be scalp trades with small targets of only 10-20 pips depending on the pair.
AUDJPY - Fibo Retracement Trade
Up move with all green candles, retracement with red candles. fine retracement on Fib (0.5).
Strategy based, Fib (0.318) retracement is mostly expected, but this one has a perfectly alligned Fib (0.5 retest).
Price broke above Fib (0) and I'm waiting for a retracement on Fib(0) for entry
AUDJPY Under Pressure! SELL!
My dear friends,
My technical analysis for AUDJPY is below:
The market is trading on 99.428 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 99.188
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
AUDJPY: Thoughts and Analysis Today's focus: AUDJPY
Pattern – Continuation
Support – 98.90 & 98.35
Resistance – 100.20 & 100.60
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the AUDJPY on the daily.
We could have a new continuation forming as buyers have beaten yesterday's high backing in a second positive session. Australian employment data came in mixed with a decrease in unemployment. This, with a weaker Yen, looks to be supporting buyers at this stage today.
If we see a move below today's low or back below 98.90, this could be a warning, as it will cancel out continuation ideas in the short term.
What do you think? Do you think this is a continuation pattern?
Good trading.
AUD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
AUD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 99.363 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
AUDJPY - Bearish continuation ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here price broke the structure and started to form lower lows and lower highs, so I look for a short. I expect bearish continuation after price filled the imbalance and rejected from bearish order block + psychological level 100.000.
Fundamental news: This week on Friday will be released Unemployment Rate on AUD, news with high impact on currency.
Like, comment and subscribe to be in touch with my content!
AUD/JPY H4 | Bearish momentum growingAUD/JPY is exhibiting strong bearish momentum and could potentially extend this current downtrend.
Sell entry is at 99.07 (sell at market).
Stop loss is at 100.10 which is a level that sits above a pullback resistance.
Take profit is at 98.29 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
✅AUD_JPY NEXT BULLISH MOVE|LONG🚀
✅AUD_JPY is trading in an uptrend
Along the rising support line
Which makes me bullish biased
And the pair is about to retest the rising support
Thus, a rebound and a move up is expected
With the target of retesting the level above at 100.000
LONG🚀
✅Like and subscribe to never miss a new idea!✅
AUDJPY: Potential Bullish ShiftAUDJPY printed a Higher Higher and a Higher Low on an hourly timeframe. A bullish hammer was printed on the dip which indicates a potential bullish shift. An entry is advised at 38.2% fib level with stop loss being the previous Lower High; whereas the TP levels are advised as per the RRR of 1:1 and 1:2 respectively.
AUDJPY Long/Short Idea for WK16I’ll closely monitor price movements at the start of the upcoming week. If the price reacts around 99.500 FVG, I’ll be on the lookout for long positions if price makes CHoCH upside.
If we dip below 98.180, I’ll consider short positions.
Additionally, there are two news events scheduled for next week: Tuesday and Thursday
AUD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
It makes sense for us to go short on AUD/JPY right now from the resistance line above with the target of 98.444 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
✅LIKE AND COMMENT MY IDEAS✅
AUD-JPY Potential Long! Buy!
Hello,Traders!
AUD-JPY is trading in an
Uptrend along the rising
Support and the pair is
Going down currently to
Retest the support form
Where I will be expecting
A local bullish rebound
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
AUDJPY - Are You Ready⁉️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDJPY has been overall bullish, trading within the rising wedge pattern in blue.
Currently, AUDJPY is in a correction phase, approaching the lower bound of the wedge.
Moreover , it is retesting a strong demand in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline.
📚 As per my trading style:
As #AUDJPY approaches the blue 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
AUD/JPY H4 | Potential bullish bounceAUD/JPY is trading close to a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 99.37 which is a pullback support.
Stop loss is at 98.07 which is a level that lies underneath a pullback support and the 161.8% Fibonacci extension level.
Take profit is at 101.34 which is a level that aligns with the 100.0% Fibonacci projection level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
JPY Pairs at a Crossroads: Should You Trade or Wait?The Japanese Yen (JPY) has been making waves in the forex market, but not necessarily in a good way. Major JPY pairs like USDJPY, EURJPY, and AUDJPY have all found themselves in a tense standoff with resistance levels for nearly a week now. This has many traders wondering: is it time to jump in, or should we wait for a clearer signal?
**The Resistance Tug-of-War:**
Imagine these JPY pairs as tug-of-war teams, locked in a battle at a specific price point. This price point is the resistance level – a zone where buyers and sellers clash. For the past week, these pairs have been testing this resistance, with high trading volume indicating strong forces on both sides.
**Why the Wait Might Be Wise:**
While a potential downward move for these JPY pairs seems likely, there are strong reasons to hold off on a trade just yet. Here's why:
* **False Breakouts:** Resistance levels are like bullies – they often try to intimidate price by holding it back. Sometimes, price might even experience a false breakout, surging past resistance only to fall back down. Waiting for a confirmed breakout with significant trading volume helps avoid entering a trade based on a false signal.
* **Unexpected Reversals:** Even if these JPY pairs do manage to break resistance initially, there's always a chance they could reverse course. Imagine the tug-of-war team on the other side suddenly gaining strength and pulling the rope back. Waiting for sustained movement above resistance after a breakout can help you avoid getting caught in a whipsaw (rapid price swings in both directions).
**Patience is a Virtue (and a Trading Strategy):**
Your cautious approach of waiting for a clear breakout or breakdown with good volume in the JPY pairs demonstrates sound trading discipline. This will help you manage risk and potentially identify better entry points for your trades.
**The Takeaway:**
The current situation with the JPY pairs presents an interesting technical puzzle. While the potential for a downward move exists, waiting for confirmation through a clear breakout or breakdown with high volume is the more prudent strategy. This can help you avoid unnecessary risk and potentially position yourself for more profitable trades in the future.
**Remember:** This is a technical analysis based on the current market conditions. Before making any trading decisions, consider other factors like economic data, central bank policy announcements, and major news events.
AUDJPY: Today's decline is a buy opportunity.AUDJPY is borderline bullish on the 1D technical outlook (RSI = 56.140, MACD = 0.500, ADX = 22.883) as today it has erased the gains of almost the past 3 days. As it approaches the 1D MA50, it is turning into a buy opportunity inside a double Channel Up pattern. At 99.000 we are turning bullish again and will aim for a +2.65% increase (TP = 101.700) for a HH.
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
AUDJPY Bullish Outlook Based on Gartley and Trendlines Harmonic Pattern Formation:
XABCD Gartley pattern observed.
Notable rejection at point D (98.200).
Key Support and Trendline Analysis:
Rejection at 4-hour Bullish Trendline.
Re-testing key support area post Bearish Trendline breakout.
Bullish Divergence:
Observed on the 1-hour timeframe Indicates potential bullish momentum.
Trade Recommendation:
Entry: 98.570
Stop Loss: 97.900
TP-1: 99.200
TP-2: 99.850
Disclosure:
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. All trading decisions should be based on your analysis and understanding of the market. Past performance is not indicative of future results.
AUDJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
Like, comment and subscribe to be in touch with my content!