AUDJPY
AUDJPY to see a stem dip?AUDJPY - 24h expiry
A lower correction is expected.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 94.75 will confirm the bullish momentum.
The measured move target is 95.50.
We look to Buy at 94.00 (stop at 93.60)
Our profit targets will be 95.00 and 95.50
Resistance: 94.75 / 95.00 / 95.50
Support: 94.25 / 94.00 / 93.75
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AUDJPY Analysis and Trade Setups📊 **AUDJPY Analysis and Trade Setups** 📉
Hey traders! 👋 Let's take a closer look at AUDJPY and some potential trade opportunities. 🇦🇺🇯🇵
**Key Resistance Zones:**
1️⃣ 95.82 - 96.1
2️⃣ 96.7 - 97
**Sell Limit Orders:** 📉
1️⃣ **Sell Limit @ 95.82**
- SL: 96.82
- TP: 94.53
2️⃣ **Sell Limit @ 96**
- SL: 96.83
- TP: 94.53 - 93.582
3️⃣ **Sell Limit @ 96.8**
- SL: 97.8
- TP: 96 - 95.6, 95.6 - 94.53
Remember to always use proper risk management! 🛡️
📚 **Educational Tip:** Resistance zones can be strong indicators for potential reversals. It's important to monitor price action closely when approaching these levels. 📈💡
#Forex #TradingAnalysis #AUDJPY #TechnicalAnalysis #TradeSetups #RiskManagement #LearnToTrade #TradingTips
Remember, this is just an educational example and not financial advice. Always do your own research and consult with a financial advisor if needed. Happy trading! 🌟📊
AUDJPY Sell pattern after Lower High rejection.The AUDJPY pair is testing the 1day MA50 today having formed Lower Highs since the June 19th peak.
If the 1day MA50 breaks, the MA200 should be put up for testing but it is more likely to test the July 28th Low as the same weak pattern did in 2022.
Sell and target 92.000 (over the 0.5 Fibonacci level).
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AUDJPY H4 | Potential bullish reversalAUDJPYis falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 95.140
Why we like it:
There is a pullback support that aligns close to the 23.6% Fibonacci retracement level
Stop Loss: 94.519
Why we like it:
There is a pullback support that aligns close to the 50.0% Fibonacci retracement level
Take Profit: 95.825
Why we like it:
There is a pullback resistance level
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AUDJPY H4 | Falling to 23.6% Fibo supportAUD/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 95.141 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 94.500 which is a level that sits under a pullback support and the 38.2% Fibonacci retracement level.
Take profit is at 96.052 which is a level that aligns with a pullback resistance and the 78.6% Fibonacci retracement level.
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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: Is this the start of the reversal?We saw some JPY strength last week and I think we could be starting to see reversal, however my confirmation of this will be below 93 support.
Even though BoJ hasn't intervened yet, there was a lot of buying in the week which we saw against the USD, I still expect BoJ intervention soon.
Nice pinbar rejection on the 4HR from my resistance block.
Looking for a short here on LTF's, but with tight SL and will keep it following any move down.
AUDJPY H4 | Rising into 50% Fibo resistanceAUD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 95.039 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 95.580 which is a level that sits above the 61.8% Fibonacci retracement level.
Take profit is at 93.887 which is a swing-low support 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.
Forex Capital Markets Limited (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 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. 74% 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.
FXCM Australia 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.
CHFJPY I Potential Short from Resistance Welcome back! Let me know your thoughts in the comments!
** CHFJPY 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 IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
AUDJPYAUDJPY was trading in bullish structure till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the inclining trendline.
Now the price is retesting the broken trendline and broken support level.
it seems like the sellers can attack again this bearish confluence.
If the sellers takes charge again, the next target could be 93.500.
Dead cat bounce on AUD/JPY?Once again we saw AUD/JPY rally above 96 before reversing lower, which is a pattern we have seen occur four times since January 2022. A shooting start reversal formed on Friday and the cross fell around -4% Tuesday’s low, breaking a bullish trendline before finding support at the 200-day EMA, February high and 96 handle.
We’ve seen two modest up days since, but now we’re looking for evidence of a swing high around 95 – as this houses the weekly S1 pivot, 50% retracement level and cycle highs.
The initial target is 94, a break of which brings 93 in focus. But if risk off returns, then a break of 93 seems plausible.
Strifor || USDCHF-10/05/2023Preferred direction: BUY
Comment: The franc continues to accumulate at the level of 0.91475, which contributes to the formation of a new springboard for a move higher. The US dollar is also expected to rise here; a particularly strong movement is likely to be expected tomorrow. The purpose of growth will be to update current local maxima.
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Strifor || AUDUSD-10/05/2023Preferred direction: SELL
Comment: The dollar continues to strengthen and most likely non-farm tomorrow will sufficiently confirm this. There is a good accumulation of purchases for the Australian dollar; this, in turn, is a potential big downward movement, which we expect tomorrow. It is better to log in tomorrow.
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AUDJPY Long Term SELLING Trading IdeaHello Traders
In This Chart AUDJPY HOURLY Forex Forecast By FOREX PLANET
today AUDJPY analysis 👆
🟢This Chart includes_ (AUDJPY market update)
🟢What is The Next Opportunity on AUDJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDJPY: Bullish Continuation & Long Signal
AUDJPY
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long AUDJPY
Entry Point - 94.231
Stop Loss - 93.630
Take Profit - 95.353
Our Risk - 1%
Start protection of your profits from lower levels
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AUD/JPY: Bullish Trend Pauses for a Pullback-- 30-Minute Chart
The AUD/JPY pair is currently trading in a narrow range on the 30-minute chart. The pair is facing resistance at the 94.20 level and support at the 94.00 level.
The RSI indicator is currently in overbought territory, suggesting that the pair may be due for a pullback. However, the MACD indicator is still generating bullish signals.
-- 4-Hour Chart
The AUD/JPY pair is currently trading in a bullish trend on the 4-hour chart. The pair is facing resistance at the 94.50 level and support at the 94.00 level.
The RSI indicator is currently in overbought territory, suggesting that the pair may be due for a pullback. However, the MACD indicator is still generating bullish signals.
-- Daily Chart
The AUD/JPY pair is currently trading in a bullish trend on the daily chart. The pair is facing resistance at the 95.00 level and support at the 94.00 level.
The RSI indicator is currently in overbought territory, suggesting that the pair may be due for a pullback. However, the MACD indicator is still generating bullish signals.
Elliott Wave Analysis
Based on Elliott Wave Theory, as marked on my chart, the AUD/JPY pair may be in the process of completing a five-wave upward Elliott wave pattern. If this is the case, the pair could experience a significant pullback in the near future.
AUD/JPY Fundamental and Technical Analysis for 4 October 2023 (30-min, 4-h, and Daily Charts)
Fundamental Analysis
The Australian dollar (AUD) is a commodity currency, meaning that its value is closely linked to the prices of commodities such as iron ore and coal. The Japanese yen (JPY) is a safe-haven currency, meaning that it tends to appreciate in value during times of market turmoil.
The AUD/JPY currency pair is often seen as a proxy for risk appetite. When investors are feeling optimistic about the global economy, they tend to buy the AUD/JPY pair. When investors are feeling cautious, they tend to sell the AUD/JPY pair.
Technical Analysis
30-Minute Chart
The AUD/JPY pair is currently trading in a narrow range on the 30-minute chart. The pair is facing resistance at the 94.20 level and support at the 94.00 level.
The RSI indicator is currently in overbought territory, suggesting that the pair may be due for a pullback. However, the MACD indicator is still generating bullish signals.
4-Hour Chart
The AUD/JPY pair is currently trading in a bullish trend on the 4-hour chart. The pair is facing resistance at the 94.50 level and support at the 94.00 level.
The RSI indicator is currently in overbought territory, suggesting that the pair may be due for a pullback. However, the MACD indicator is still generating bullish signals.
Daily Chart
The AUD/JPY pair is currently trading in a bullish trend on the daily chart. The pair is facing resistance at the 95.00 level and support at the 94.00 level.
The RSI indicator is currently in overbought territory, suggesting that the pair may be due for a pullback. However, the MACD indicator is still generating bullish signals.
Elliott Wave Analysis
Based on Elliott Wave Theory, the AUD/JPY pair may be in the process of completing a five-wave upward Elliott wave pattern. If this is the case, the pair could experience a significant pullback in the near future.
Conclusion
Overall, the AUD/JPY pair is in a bullish trend on all three timeframes. However, the RSI indicator is currently in overbought territory on all three timeframes, suggesting that the pair may be due for a pullback.
Traders should watch the key support and resistance levels mentioned above carefully. A break above the 94.50 level on the 4-hour chart would confirm the continuation of the bullish trend. A break below the 94.00 level on the 4-hour chart would suggest a pullback is underway.
AUDJPY Short Term Sell IdeaH4 - Most recent uptrend line breakout.
Lower lows.
Expecting short term bearish moves to happen here.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AudJpy- Where to sell for 1:3 R:R?Yesterday, like all the Jpy pairs, AudJpy was also affected by the verbal intervention from BoJ.
The pair dropped quickly 200 pips, but more importantly, it broke under important confluence support at 95.
This level is offering now a good resistance point and, with the pair in recovery at this moment, rallies should be sold.
In conclusion, prices close to 95 are good opportunities for bears and, considering a target at 92 next important support, a good 1:3 R:R could be achieved