AUDJPY
AUDJPY - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for AUDJPY.
Which scenario do you think is more likely to happen? and Why?
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~Rich
06062023 - #AUDJPY $AUDJPYMarket came down very slight yesterday, and was supported at PZ, forming a tweezer type of candle. Similar move this morning with the down move to test yesterday's low but now market 20 pips higher. USDJPY is weaker but overall, yesterday's price action is not a clear reversal candle.
Possible move for today, IMO (with important AUD news later); the thesis would be if yesterday's candle is an intermediate high. Price is now between PZ and BZ. If you ask me, could get a move lower to 91.76 which would be a good location to look for longs. For now, price below PZ, is a short for a move to 92 and 91.76.
AUD/JPY Intraday support 🚀On AUD/JPY is nice to see strong buying reaction from the price 92.050 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Volume cluster are my mainly reason for this long trade....
Happy trading
Dale
AUDJPY BEARISH SETUP AFTER NEWSOn AUDJPY, I anticipate an upward movement towards the 92.80 area tomorrow morning after the interest rate decision in Australia, which would create a bearish setup to reclaim all the liquidity left in the market due to the news. Therefore, the trade objective is to enter a short position around 92.85 with a target set at 90.70.
Let me know your thoughts.
Happy trading to everyone.
AUDJPY - 4hrs ( Sell Trade After retest : Tp Range 250 PIP )💲Pair Name : AUD/JPY
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Short After Retest )
Type : Mid Term Swing
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🔰Bearish Reversal
93.000 Area
Reasons
- Major Turn level
- Weekly Price Action
- Visible range Value
- Fibo Golden
- Quarter's Area
🔰Bullish Reversal Area
91.000
reasons
- Major Turn level / D
- Visible Range Lvn Area
- Liquidity Zone
- Missing Retest
- Past Month High
- Fibo Golden Zone
AUD/JPY SELL LOADING UP WATCHFirst, if you find this idea helpful kindly like and leave a comment don't also forget to follow us
AUDJPY is still looking for the final completion of the WAVE X correction before the bearish impulse move will starts. Traders should look for a way to follow the bear moves after the completion of the WAVE X correction and join the WAVE Y to the downside
AUDJPY Potential UpsidesHey Traders, in the coming week we are monitoring AUDJPY for a buying opportunity around 91.700 zone, AUDJPY was trading in a downtrend and successfully managed to break it out. Currently AUDJPY is in a correction phase in which it is approaching the retrace zone at 91.700 support zone. Fundamentally with current inflation issues in Australia further rate hikes are expected from RBA which should trigger AUD strength.
Trade safe, Joe.
AUDJPY to find buyers at previous swing highs?AUDJPY - Intraday
Previous support is located at 91.50.
Previous resistance located at 92.00.
The trend of lower intraday highs at 92.00 needs to be broken to confirm a reversal.
Risk/Reward would be poor to call a buy from current levels.
The RSI is trending higher.
We look to Buy at 91.25 (stop at 90.90)
Our profit targets will be 92.15 and 92.25
Resistance: 92.00 / 92.25 / 92.50
Support: 91.50 / 91.25 / 91.00
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AUD/JPY Strong Resistance and 200 WMA cross Long opportunityHi traders!
According to my analysis, the AUD/JPY currency pair is expected to increase, presenting a potential Long opportunity. The basis for this expectation is the recent crossing of the price Above the 200 - period Weighted Moving Average (WMA), indicating a Bullish signal. Additionally, there is a strong resistance level that further strengthens the case for an upward movement in the price.
Have trading day ahead!
AUDJPY: Classic Bearish Reversal 🇦🇺🇯🇵
On a today's live stream, we discussed AUDJPY.
The price was steadily growing within a rising wedge pattern.
Once a key daily resistance was reached, bears managed to violate the lower boundary of the wedge.
It looks like a bearish reversal is ahead.
The market may drop to 90.15 / 89.35
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