AUDJPY - BULLISH BIAS=====
MARKET OUTLOOK
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AUD - BULLISH
1️⃣ The RBA's economic assessment was more upbeat than in the previous post-policy meeting accompanying statement.
2️⃣ Australian figures showed the economy expanded by a healthy 1.8% in the first quarter, taking gross domestic product (GDP) back above pre-pandemic levels.
JPY - BEARISH
1️⃣ Rising US Treasury yields weigh on the JPY.
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TECHNICAL
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- We're buying this pair on RBS level + SMA50 area + Pivot point level on H1 chart.
Audjpyanalysis
AUDJPY Is Heading Lower In Five WaveHi Traders,
AUDJPY just completed a 5-3 wave cycle and the price has the potential to head lower in five-wave to complete the sequence.
Wave A is a leading diagonal followed by a double ZigZag corrective pattern in wave B. According to EW theory, the market resumes in the direction of the five-wave sequence once a correction is completed.
Price also retests the resistance level four times, you're just a profit away!
What's your view on AUDJPY? Let me know in the comment.
Thanks for reading!
AUD/JPY BUY IDEAHey tradomaniacs,
still testing my new style but we with AUD/JPY I see a great potential to move up!
A bit concerning as always could be the upcomign RBA Statement - I think it is likely to see a more hawkish statement and that the RBA will talk about a tighter policy in the future.
Risky setup - But overall deliecious in terms of risk-reward!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
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AUD/JPY Running In 70 Pips From Yesterday Analysis,Did U Catch ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/JPY New Long Setup To Catch 150 Pips For FreeThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDJPY on H1Base on the current chart. Where will the market go?
Current price is at 84.660.
A) Bullish , Long , Buy
B) Bearish , Short , Sell
We cannot control the market however we can control our risk.
No right or wrong answer. We as trader just need to control our
risk. Keep it simple.
Lets share the knowledge. Like and share.
I am a day trader as such I react to the market movement.
Comment below if you agreed.
Expect price reductionsHello guys
Apparently it does not have the power to climb. Consecutive attempts to defeat the resistance and prove it were unsuccessful.
A long-term and strong trend line was broken and stabilized below it.
If the bearish engulf stick is also seen, the probability will increase. We can wait for the pattern to be seen and act.
AUD/JPY SELL IDEAHey tradomaniacs,
welcome to another trade-setup!
AUD/JPY: Swingtrade-Execution
Market-Sell-Order: 84.300
Stop-Loss: 84.750
Point of Risk-Reduction: 83.880
Take-Profit: 83.175
Stop-Loss: 46 pips
Risk: 0,5% -1%
Risk-Reward: 2,5
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
AUD/JP BUY SIGNALHey tradomaniacs,
welcome to another trade-setup!
AUD/JPY: Daytrade-Execution
Market-Buy-Order: 84.750
Stop-Loss: 84.450
Point of risk-reduction: 85.000
Take-Profit: 85.770
Stop-Loss: 30 pips
Risk: 0,5% - 1%
Risk-Reward:3,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
AUDJPY trade idea... (late follow up)Kinda of got lost in the sauce with this one. Other trades pushed it off my radar.
There will be more to come!
Look out for the Weekly Forecast. Should have it up by Sunday eve.
Last week included 3 winners, currently still running! There were others still developing, but I went with what was hot and ready!
Enjoy your profits! Enjoy your weekend!
Let me get some feedback. Honest opinions are welcome! DM me for requests.
If you have questions, I'm usually very responsive.
Take care, until next week!