Potential bearish reversalAUDJPY is rising towards a resistance level which is a pullback resistance level and could reverse from this level to our take profit
Entry: 100.359
Why we like it:
There is a pullback resistance level
Stop loss: 100.699
Why we like it:
There is a resistance at the 127.2% Fibonacci extension
Take profit: 99.235
Why we like it:
There is an overlap support level
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AUDJPY
AUDJPY My Opinion! SELL!
My dear friends,
Please, find my technical outlook for AUDJPY below:
The price is coiling around a solid key level - 100.31
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 99.985
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Eurjpy and Audjpy looking for looks if jpy continue weakensHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
If Jpy is still showing weakness, then likely i am looking at both AJ and EJ to look for long opportunities
But do keep in mind if BOJ gonna dish out stuns on its interventions.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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🔥 AUDJPY: Curve Analysis (1W) 🔥(Long Term Position Trade)
SLO @ 97.00 ⏳
SSO @ 96.66 ⏳
TP1 @ 90.00 (shaving 25%)
TP2 @ 85.75 (shaving 25%)
TP3 @ 79.50 (shaving 25%)
TP4 @ 67.85 (closing ALL Sell Orders)
BLO @ 66.15 ⏳
-SL 60.00
ADDITIONAL INFO:
✍️ If this 1W Curve Analysis holds, we are in for ONE BIG TREAT!!!
🔑
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
Long-term time frames (1 week to 1 year):
— Shows the big picture, revealing major trends and economic factors.
— Less volatile, price movements are slower and smoother.
— Suitable for long-term trend trading and position trading.
— Requires less frequent monitoring but may offer fewer trading opportunities.
Strifor || USDJPY-04/04/2024Preferred direction: BUY
Comment: As expected earlier, the American currency began to adjust against its main competitors, but this does not apply to the Japanese yen . Here, as was said, the US dollar will most likely either trade at previous levels, or begin to grow altogether, as indicated on our chart.
In general, both scenarios are relevant despite the fall in the US dollar in the short term, which may last until the end of next week. The growth target in the medium term for this currency pair is located at the level of 153 and 154 .
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
AUDJPY Under Pressure! SELL!
My dear followers,
This is my opinion on the AUDJPY next move:
The asset is approaching an important pivot point 98.553
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 98.441
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
We are targeting the 98.256 level area with our short trade on AUD/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
AUDJPY - Look for a long position ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fulfill the imbalance lower and then to reject from bullish order block + trendline + institutional big figure 98.000.
Like, comment and subscribe to be in touch with my content!
AUDJPY to find buyers at market price?AUDJPY - 24h expiry
Price action has continued to trend strongly lower and has stalled at the previous support near 98.60.
Price action looks to be forming a bottom.
Momentum is flat, highlighting the lack of clear direction.
Risk/Reward would be poor to call a buy from current levels.
A move through 99.00 will confirm the bullish momentum.
We look to Buy at 98.60 (stop at 98.32)
Our profit targets will be 99.30 and 99.50
Resistance: 99.00 / 99.10 / 99.25
Support: 98.60 / 98.50 / 98.35
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AUDJPY H4 | Falling toward the support?Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 99.05, which is an overlap resistance that aligns with the 38.2% Fibo retracement.
Our take profit will be at 98.21, a pullback support level.
The stop loss will be placed at 99.87, which is a swing-high resistance level.
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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.
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AUD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
Previous week’s green candle means that for us the AUD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 96.612.
✅LIKE AND COMMENT MY IDEAS✅
AUDJPY Hit the top of the Channel Up.The AUDJPY pair has recently hit our long-term bullish Target of 99.300, which we set on our last trading idea (December 18 2023, see chart below):
That was at the top (Higher Highs trend-line) and the 1.136 Fibonacci extension of the 9-month Channel Up. We are technically expecting a pull-back now towards the bottom (Higher Lows trend-line) of the Channel Up and our Target is the 0.382 Fibonacci retracement level at 95.600.
If however the price breaks above the Higher High and the Channel Up, we will have a formation bullish break-out and as a result we will take the small loss on the short and go long instead, targeting the 3.0 Fibonacci extension at 102.700. In that case we will be expecting a rally similar to June 2023, which led to the creation of the current Channel Up.
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AUDJPY BULLISH SHORTWe can see that AUDJPY has consolidated on thr previous 10 candles on our H1 and has failed to break from the structure.
Our pair has tested the FVG already and has been consolidating in our Order Block.
Now we see a bullish being created and we are expecting about 72 pips profits.
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