AUDJPY approaching resistance, look out for potential reversal!
AUDJPY is approaching its resistance at 75.920 where it is could reverse down to its support at 75.260.
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Audjpydaily
AUDJPY reversed from resistance, potential drop!
AUDJPY reversed off its resistance at 75.260 where it could potentially drop further to 74.428.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY potential reversal!
AUDJPY expected to rise up to 1st resistance at 75.260 where it could potentially react off and drop down to 1st support at 74.428.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY reversed from resistance, potential drop!
AUDJPY reversed off its resistance at 74.684 where it could potentially drop further to 73.591.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY bounced from support, potential for a further rise!
AUDJPY bounced off 74.855 where it could potentially rise further to .75.674
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY bounced from support, potential for a further rise!
AUDJPY bounced off 74.738 where it could potentially rise further to 75.674.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
4HR SELLING POTENTIAL ON AUDJPY Price is really showing potential for bears to dominate the market on the 4HR. At the moment, price is sitting at a zone of support and will most likely retrace to our entry point. ( i have marked my entry at 50% fib retracement ). Should price get to this level i will be entering bearish ( sell). If price trades lower from where it currently is then i will adjust my entry maintaining a 50% entry point.
You should scale majority of your position out at take profit 1 and allow the rest to ride out risk free.
Entry - Grey price level
Take profit 1 and 2 - Green price levels
Stop loss - Red price level
AUDJPY bounced from support, potential for a further rise!
AUDJPY bounced off 75.979 where it could potentially rise further to 76.544.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY potential reversal!
AUDJPY expected to rise up to 1st resistance at 75.974 where it could potentially react off and drop down to 1st support at 75.454.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY approaching support, potential for a further rise!
AUDJPY approaching support at 74.839 where it could potentially rise further to 75.590.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDJPY: Possibility of Next Move.In the name of Allah, the Most Gracious, the Most Merciful.
AUDJPY: Possibility of Next Move.
In Daily Time Frame there is Down Trend Line, Also we have Seen a Rising Wedge Pattern.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
AUDJPY Neutral OutlookAUDJPY Neutral Outlook
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.