Audjpybuy
AUDJPY Trading Plan - 14/May/2023Hello Traders,
Hope you all are doing good!!
I expect AUDJPY to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
AUDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDJPY Bullish Falling Wedge BreakoutWhen looking at the times frames higher than the daily timer we see the pair remains bullish despite this pullback, hence we are only looking for
buying opportunities at the moment.
We have listed the confluence we are in line with our current buying setup as follows:
Key level breakout.
Change in market structure from bullish to bearish.
Trendline breakout.
Falling wedge breakout.
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. The reason for that was that the MARKET SENTIMENT was somewhat POSITIVE with FED UPDATES. JPY WEAK AFTER BOJ MEETING.
Because of that, XXXJPY CURRENCIES went UP very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more.
Therefore, after JPY becomes PRICE, XXXJPY PRICES may be UP in the future. Even now, we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if the AUDJPY goes upside down again, the VIX should go down and the JPY should go up, and STOCKS should go up. The dollar should continue to strengthen as it has in recent days.
AUDJPY can definitely SELL at 90.00 LEVEL. But somehow, after that, AUDJPY may go UP to 95.54 LEVEL. Anyway, if JPY becomes WEAK, if the UP SIDE STRUCTURE is BREAK, there is a very good situation to BUY AUDJPY.
AUDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUD/JPY Best Place To Sell It Now , And Best Place To Buy It 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.
AudJpy- A really beautiful chart suggeting a rise to 95In my video from Saturday, I discussed that traders should look very closely at Jpy pairs because a resumption of the long-term bullish trend could have started, and on my Monday written analysis I draw attention to AudJpy that was on the verge of an upbreak above double bottom's neckline.
This, indeed, happened and this break is also confirmed at this moment.
Continuation to the upside is probable at this moment and, after a clear break above the falling trend line's resistance, the pair could reach the 95 zone.
93 is also a resistance level that you should be aware of if, indeed, we continue to the upside.
A drop back under the broken level would negate this bullish scenario.
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
These days, AUDJPY is becoming somewhat DOW due to MARKET RISK OFF. The reason for that was that the MARKET SENTIMENT was somewhat NEGATIVE with FED UPDATES. The YEILD of JPY 10Y BOND was increased at today's BOJ MEETING. Because of that, XXXJPY CURRENCIES went down very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more. Therefore, after JPY becomes PRICE, XXXJPY PRICES may be UP in the future. Even now, we see that the MARKET has somewhat MARKET RISK OFF. We expect AUDJPY to RETRACE to higher resistance.
Anyway, if the AUDJPY goes upside down again, the VIX should go down and the JPY should go up, and STOCKS should go up. The dollar should continue to strengthen as it has in recent days. If MARKET RISK continues to be OFF, you can definitely SELL at 85.96 LEVEL. But somehow, after that, AUDJPY may go up to 92.90 LEVEL. Anyway, if JPY becomes WEAK, if the UP SIDE STRUCTURE is BREAK, there is a very good situation to BUY AUDJPY.
To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS.
If the dollar is strengthened by the FED, MARKETS RISK should be off. Then after JPY STRONG, AUDJPY can be LONG TERM BUY.
AUDJPY-LONG
-Price will continue previous week bullish trend but wait for price to react to area of entry, please make sure that you use correct risk management.
-Remember trading against the trend may not be suitable for everyone, so if you have any doubt than do not take this setup and wait for price to change its character
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. In recent days, JPY became somewhat STRONG because of the BOJ INTERVENTION and the drop in US INFLATION. Even now, we see that the MARKET has somewhat MARKET RISK OFF. We expect AUDJPY to RETRACE to higher resistance.
Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up, and STOCKS should go down. The dollar should continue to strengthen as it has in recent days. FOMC UPDATE MUST BE HAWKISH FOR THAT. If MARKET RISK continues to be ON again, you can definitely BUY at 95.63 LEVEL. But somehow it may go down to 91.06 LEVEL before going UP. After that, AUDJPY may go up to 95.04 LEVEL. Anyway, if JPY continues to be WEAK, if the UP SIDE STRUCTURE is BREAKED, AUDJPY has a very good situation to BUY.
To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS.
If the dollar is strengthened by the FED, MARKETS RISK should be off. Then after JPY STRONG, AUDJPY can be LONG TERM BUY. audjpy
Mon 12th December 2022 AUD/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/JPY Buy. Enjoy the day all. Cheers. Jim
AUDJPY LongThe price formed a bearish flag, broke out at the lowest trend line, thus forming a bear trap. I am anticipating that the price will continue with the bullish momentum.
My entry position is at 92.1 just above the previous HH( I am using the pullback strategy for my trade).
My stop loss is at 91.1, at the end of the bullish engulfing candle of the trend. My Target R:R is 1:3, where my targets are 93.1, 94.1 , 95.1.
Kindly, do not risk more than 1-2 % of your account and if the trade will be activated, move your SL when the first target is hit!
20 REASON FOR LONG AUD JPY🤑TOP DOWN ANALYSIS OVERVIEW🤑
🧐Eagle eye: Bear at bottom consolidation since 32 years
Monthly: After Feb of 2009 monthly time frame is in the total consolidation range bond, and the price also breaches the previous high OB
weekly: from march 2020 in a weekly time frame, a clear Bull run is started and also fill out the previous low OB and also makes some buy signals
1 Structure analysis time frame: Daily after a deep retracement and without breach protected low now price is sideways, but the bull is more substantial, so we always seek long entry
2 target time frame: Weekly
3 Current Move: sideways
4 Entry Time Frame: h4
4.1 Entry TF Structure: Narrow this time
4.2 entry move: Narrow
5 Support resistance base: Trend line
6 FIB:
7-candle Pattern: Narrow range
8 Chart Pattern: Triangle
9 Volume: Increase day-by-day total volume supports from march 2022
10 Momentum UNCONVENTIONAL Rsi: Sideways between 40/60
11 Volatility measure Bollinger bands: Tight squeeze
12-strength ADX: Sideways
13 Sentiment ROC: Japanese yen is the weakest currency in the majors
14 final comments: the bull is strong. Seek long entries only
15: decision: buy at trend line breakout
16 Entry: 94.223
17 Stop losel: 93.630
18 Take profit: 9990
19 Risk to reward Ratio: 1:11
Excepted Duration: 30 days