AUD/JPY H4 | Strong bullish momentumAUD/JPY is showing a strong bullish momentum and could make a continuation towards our take-profit target.
Entry: 97.692
Why we like it:
There is a strong bullish momentum
Stop Loss: 97.237
Why we like it:
There is a pullback support level
Take Profit: 98.132
Why we like it:
There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level
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AUDJPY
AUD/JPY BEST PLACE TO BUY FROM|LONG
Hello,Friends!
AUD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 97.574 area.
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AUDJPY Massive Long! BUY!
My dear followers,
I analysed this chart on AUDJPY and concluded the following:
The market is trading on 97.118 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 97.608
Safe Stop Loss - 96.835
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Daily Wedge w/ Divergence Spotted!! - AJHere I have AUD/JPY on the 4Hr and Daily Charts!
Daily Chart-
-We see Price outlining a Rising Wedge and with this the First inclination that we could see Price push down further is the Bearish Divergence shown as the HIGHS on the RSI indicator suggesting Bulls could be losing Power!
-The High created on Feb. 23rd was followed by a STEEP decline in price!! Much of this caused by BOJ rumors of JPY possibly exiting "Deflation" and with the market doing well!
4Hr Chart-
Price had made a Low after the steep decline from the High giving me an opportunity to find a Fib'd Entry Zone and Price had tested it already at the end of last week. To start this week, price as began to work down validating my Bearish Bias on this pair!
Fundamentally this week:
AUD - GDP (Tue)
JPY - Tokyo Core CPI & BOJ Ueda Speaks (Mon)
*Currently in Active Trade
AUD/JPY H4 | Potential bearish momentumAUD/JPY is falling towards a potential breakout level and could drop lower from here.
Sell entry is at 97.361 which is a potential breakout level (wait for the current 1-hour candle to close below 97.361 for confirmation of the bearish breakout).
Stop loss is at 97.900 which is a level that sits above a pullback resistance.
Take profit is at 96.850 which is an overlap support that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 78.6% projection.
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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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AUDJPY ShortDaily chart has seen AUDJPY respecting premium daily levels (rejecting from Daily SIBI).
The idea of this trade is that price has traded up into the daily imbalance, and rejected from it, so I now expect price to seek external range liquidity in the form of old lows on the daily chart.
I want to see bullish arrays get disrespected and bearish arrays respected to then look for m5/m15 bearish displacement for short entry.
AUD/JPY H4 | Potential bearish breakoutAUD/JPY could fall towards a potential breakout level and fall lower towards our take-profit target.
Entry: 97.360
Why we like it:
There is a potential breakout level (wait for 1-hour candle to close below 97.360 for a breakout confirmation)
Stop Loss: 97.815
Why we like it:
There is a pullback resistance level
Take Profit: 96.849
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci retracement level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
AUD/JPY BEST PLACE TO SELL FROM|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 97.259 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.
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AUDJPY Potential DownsidesHey Traders, in tomorrow’s trading session we are monitoring AUDJPY for a selling opportunity around 98.100 zone, AUDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 98.100 support and resistance area.
Trade safe, Joe.
AUD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello,Friends!
Bullish trend on AUD/JPY, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 98.222.
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AUDJPY I Potential long from support zone Welcome back! Let me know your thoughts in the comments!
** AUDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDJPY Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for AUDJPY below:
The price is coiling around a solid key level - 97.891
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 98.312
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
AUD-JPY Bullish Rebound Ahead! Buy!
Hello,Traders!
AUD-JPY fell down sharply
And the pair is locally oversold
So I am locally bullish biased
And I will be expecting a
Local bullish rebound
From the support below at 97.700
Buy!
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