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Audjpyanalysis

Tumbles below 97.50, dropping to four-day lowsThe FX:AUDJPY post of four straight days of losses stays below the 97.50 area on Monday, breaking below a key support level at the time of writing. The AUD/JPY is trading at 97.24, down y 0.01%, as Tuesday’s Asian session begins. From a daily chart perspective, the pair is upward biased, but it fell below the Tenkan-Sen at 97.31, which could exacerbate a test of the 97.00 figure. The pair would witness further downside action below the latter, like the Senkou Span A at 96.86, before slumping toward the Kijun-Sen at 96.41. Once cleared, up next would be. the 96.00 mark. On the other hand, if AUD/JPY climbs past the November 20 high at 97.72, that could exacerbate a test of the 98.00 figure. Once cleared, up next would be the year-to-date (YTD) high at 98.60, ahead of the 99.00 figure.
Short
by tradingconmike
Looking for a rebound into 98.00The FX:AUDJPY snuck over the 97.50 level just ahead of the Friday closing bell, trying to claw back some of the midweek's losses after the pair tumbled from a Wednesday peak of 98.66. The AUD/JPY closed out the trading week with some gains, up nearly 1.2% from Monday's opening bids near 96.40, but the back half of the week was marred by a 1.75% decline that only saw a minor paring back in late Friday trading. With the Aussie (AUD) bouncing off a technical confluence of the 200-hour Simple Moving Average (SMA) and a rising trendline drawn from late October's swing low into 94.25, the pair is set for a bullish continuation as long as broad-market fundamentals keep risk appetite on the high side. Daily candlesticks are flashing warning signs that the current bullish push could be running out of gas. The AUD/JPY is at risk of getting pulled back towards the 50-day SMA near 95.50, and long-term technical support is far below current price action at the 200-day SMA rising from 93.00. November's rise out of October's consolidation phase could face a near-term bearish breakdown, with the last swing low into the 96.00 handle acting as the immediate support level for bears to beat.
Long
by tradingconmike
AUDJPY → Hits 13-month high, buyers eye 98.00The FX:AUDJPY extended its gains on risk appetite improvement on Tuesday, as investors speculated the US Federal Reserve wouldn’t raise rates due to a soft October inflation report. Therefore, traders seeking risks bought high-beta currencies to the detriment of the Japanese Yen's (JPY's) safe-haven status. The pair is trading at 97.87, which is a gain of more than 1.90%. The daily chart portrays the cross-pair as upward biased after hitting a new 13-month high, shy of reclaiming the 98.00 mark, which, once cleared, could pave the way to test last year´s high of 98.60, ahead of challenging the psychological 100.00 mark. Nevertheless, the AUD/JPY uptrend seems overextended, and in the event of a pullback, the first support would be the November 7 high at 97.59, previous resistance levels, turned support. A decisive break would expose the Tenkan-Sen at 96.98 before sliding to the July 5 high at 96.83. Once this demand zone is cleared, the next stop would be the Senkou Span A at 96.49.
Long
by tradingconmike
AUDJPY → Struggles at Kijun-Sen aiming for 97.00FX:AUDJPY began the Asian session with minuscule losses of 0.08%, as Wall Street’s turned negative towards the end of Monday’s trading session, ahead of the release of the US CPI data. The pair is trading at 96.68 after hitting a weekly high of 96.85. From a technical standpoint, the AUD/JPY is neutral biased, facing resistance at the Tenkan-Sen level at 96.81. A breach of that area can open the door to test 97.00, followed by the 2023 high of 97.63m before reaching the 98.00 mark. On the other hand, failure to conquer the Tenkan-Sen could expose the pair to some selling pressure, with bears targeting Monday’s low of 96.18. Up next would be the psychological 96.00 figure, followed by the Kijun-Sen at 95.83, and the top of the Ichimoku Cloud (Kumo) at 95.00.
Short
by tradingconmike
AUDJPY - Long from bullish order block ✅Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for long. I want price to continue the retracement and then to reject from bullish order block + institutional big figure 95.000. Fundamental news: This week on Friday will be released Unemployment Rate on AUD. If the result is negative, it will support our idea. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
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
Long
by ForexPlanet20
AUDJPY Technical Analysis And Trade IdeaIn this video, we offer an in-depth analysis of the AUDJPY currency pair, with a primary focus on the prevailing bullish price swing evident on the 1D and 1W timeframes. Notably, the pair is approaching a critical resistance level, suggesting the possibility of a retracement. Throughout our discussion, we delve deep into the intricate aspects of technical analysis, covering the prevailing market trend, price dynamics, market structure, and other key elements essential to effective technical analysis. As we progress through the video, we will explore a potential trading opportunity in greater depth. It's crucial to underscore that the content shared in this video is intended purely for educational purposes and should not be interpreted as financial advice. It is paramount to acknowledge that participating in forex trading carries a significant level of risk. Therefore, it is imperative to prudently incorporate robust risk management strategies into your trading plan.
Long
by fxtraderanthony
AUDJPY BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity AUDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
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