AUDJPY Movement Predicting 08/04/2021As you can see there is a Bearish Divergence with MACD which is the sign of trend reversal, followed by Hidden Bearish Divergence which can be interpreted as the Bearish Trend Continuation
the price may have retracement to the Fibonacci Golden zone which is between the 50% to 61.8% and then starts its impulsive wave if these support level stands and Bunces the price to the higher levels of expansion
AUDJPY
AUDJPY H4 | Approaching Fibo confluence support levelAUDJPY is approaching a key pullback support that aligns above a confluence of Fibonacci levels i.e. the 61.8% Fibonacci retracement and projection levels. Price could hit the buy entry at 93.361 and potentially reverse to bounce higher.
Take profit is at 95.253 which is an overlap resistance that aligns under the 61.8% Fibonacci retracement level.
Stop loss is at 92.304 which is an overlap support that aligns under the 78.6% Fibonacci projection level.
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AUDJPY H4 | Approaching 61.8% Fibo confluenceAUDJPY is falling towards a swing-low support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 93.297
Why we like it:
There is a swing-low support that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and projection levels
Stop Loss: 92.271
Why we like it:
There is an overlap support that aligns below the 78.6% Fibonacci projection level
Take Profit: 95.153
Why we like it:
There is an overlap resistance that aligns under the 61.8% Fibonacci retracement level
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AUD/JPY is heading to 98.5Hello Traders
Our technical view has been shown in the chart.
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
AUD/JPYPrice 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 remember this marker is all about probability. There's no one, I mean NO ONE, who can predict the market and say with 100% confidence about a situation .. you need to learn this fact.
Ps . Leave your comment and thoughts.
May all your pockets fill with green money.
Analysis: AUD/JPY Bullish Flag Pattern Breakout TradeAnalysis: AUD/JPY Bullish Flag Pattern Breakout Trade
Based on my analysis of a bullish flag pattern breakout in AUD/JPY, i have formulated a trade plan to capture the continuation of the bullish trend. Here is a breakdown of your trade plan:
Currency Pair: AUD/JPY
Entry Price: 98.827
Stop Loss (SL): 94.093
Take Profit (TP): 108.330
Bullish Flag Pattern Breakout:
i have identified a bullish flag pattern, which is a continuation pattern that suggests the resumption of an upward trend. The breakout from this pattern indicates potential bullish momentum in AUD/JPY. By recognizing this pattern, i aim to enter the market in anticipation of the continuation of the upward trend.
Entry Point (98.827):
i have chosen entry point is at 98.827. This entry price should be determined based on technical analysis, such as the breakout level of the bullish flag pattern or other significant resistance-turned-support levels. Ensure that the entry point aligns with the breakout and provides a favorable risk-to-reward ratio.
Stop Loss (94.093):
To manage risk, i have set a stop loss at 94.093. The stop loss level is placed below a significant support level or a point that, if breached, would invalidate the bullish scenario. It acts as a protective measure to limit potential losses in case the trade moves against your expectations.
Take Profit (108.330):
i take profit level is set at 108.330. This level represents your target for closing the trade and taking profits. It should be determined based on resistance levels, Fibonacci extensions, or other technical indicators that suggest potential areas where the price might encounter selling pressure or reach a significant target.
Remember to continually monitor price action and adjust your trade management as market conditions evolve. Consider factors such as economic data releases, geopolitical events, and changes in market sentiment that may impact the AUD/JPY pair.
It is essential to conduct thorough analysis, implement proper risk management strategies, and adhere to your trading plan. Trading involves inherent risks, and it is crucial to stay disciplined and adapt to changing market dynamics.
AUDJPY Intraday Trade As we can see, the price has broken the major trendline and confirmed with 4H candle, in the 1h timeframe we can see double bottom and has broken the neckline, 2 confirmation valid.
if we go to the 30m timeframe, we can see the bullish structure that we can use for entry
this is just intraday trade, maybe the major trend and minor trend doesnt match, but we can take little by little from the movement, note that
our target is 95.052
let see...
dyor
AUDJPY Will Go Down From Resistance! Short!
Here is our detailed technical review for AUDJPY.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 94.649.
Considering the today's price action, probabilities will be high to see a movement to 94.004.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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AUDJPY Technical Analysis and Trade IdeaThe AUDJPY is experiencing a significant downtrend, which is clearly visible on the chart. We can see a retracement towards a potential consolidation zone and possible trade opportunity. In the video, we carefully examine the trend, support and resistance levels, price movement, and market structure, while also discussing a potential trade idea. It's important to note that the video provides explanations solely for educational purposes, based on my personal opinion. It should not be interpreted as financial advice.
AUDJPY - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short position. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block
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AUDJPY: Sell continuation with two support levels in focus.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 can be done only after the price closes a 1D candle under the 1D MA200 and target the S2 (TP = 90.300). Until that happens, the HL will be a buy entry for us, targeting R1 (TP = 96.850).
Prior idea:
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Will AUDJPY find buyers at market?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 95.90 and 96.20
Resistance: 95.50 / 96.00 / 96.50
Support: 95.00 / 94.75 / 94.50
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AUDJPY Potential UpsidesHey 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.