Get started

Audjpydaily

AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY Earlier days, AUDJPY was going down a bit due to MARKET RISK OFF. But now we see that the MARKET has somewhat MARKET RISK OFF. We expect AUDJPY to turn DOWN again. Anyway, its price is moving down in the AUDJPY DOWNSIDE CHANNEL. By BREAKING that CHANNEL, its price may go UP again. After that, if MARKET RISK continues to be OFF, you can definitely SELL at 92.71 LEVEL. For that, MARKET RISK should be OFF. After that it can go up to 96.90 LEVEL. After that, AUDJPY may go down to 89.74 LEVEL. To SELL AUDJPY, VIX must be UP and SNP500 must be DOWN. And COMMODITIES should definitely be DOWN. We are waiting for the change in the above mentioned MARKETS.
by benny_marshall
AUDJPY - IS MARKET SENTMENT STILL SUPPORT TO THE AUDJPY ??- AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. The current SENTIMENT has a very NEUTRAL SENTIMENT. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an understanding of COMMODITIES is a must. - The AUD FEATURE was a bit BUY last week because the MARKETS continue to RISK ON. AUD FEATURE stands at 0.7259 LEVEL. JXY is currently down a bit. According to the MARKET SENTIMENT and the AUD can be slightly STRONG again. Price is higher than AUDJPY DYNAMIC LEVELS. - Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also EQUITIES is giving a slightly MIXED RISK Tone. VIX INDEXES DOWN. But they can be UP. Also COMMODITIES now shows a DOWN SIDE BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So be on the lookout, maybe in the NEWYORK SESSION in the market, maybe RISK ON today is Friday. - You can go to 96.00 LEVEL before the AUDJPY PRICE is DOWN. Then it can be sold at 89.70 LEVEL. Buying AUDJPY is a bit risky if VIX is UP. Currently VIX is DOWN. So wait until the VOLATILITY GREEN to buy the AUDJPY SELL BUY after the MORKET is CORRECTION like 92.11 LEVEL.
by benny_marshall
AudUsd to resume its uptrendAfter the high made on the 20th of March started to correct, this correction continued into May and on the 17th of May, we have a bottom and reversal. Yesterday the pair has broken above an important confluence resistance and at this point, we can consider that the pair is resuming its long-term uptrend. 91 zone should provide support now and in this zone, traders should look for opportunities to buy. 94 is a decent profit target and negation comes if we have a break under support
Long
by Mihai_Iacob
6
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS- AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. The current SENTIMENT has a very NEUTRAL SENTIMENT. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an understanding of COMMODITIES is a must. - The AUD FEATURE was a bit BUY last week because the MARKETS continue to RISK ON. AUD FEATURE stands at 0.7098 LEVEL. JXY is currently down a bit. According to the MARKET SENTIMENT and the AUD can be slightly STRONG again. Price is below AUDJPY DYNAMIC LEVELS. - Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also EQUITIES is giving a slightly MIXED RISK TONE. VIX INDEXES DOWN. Also COMMODITIES are now showing a NEUTRAL BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So stay tuned and maybe RISK ON on the NEWYORK SESSION in the market. - You can go to 92.36 LEVEL before the AUDJPY PRICE is down. Then it can be sold at 86.09 LEVEL. Buying AUDJPY is a bit risky if VIX is UP. Currently VIX is DOWN. So wait until VOLATILITY GREEN and get AUDJPY SELL ENTRY after MARKET REAKOUT.
by benny_marshall
2
AUDJPY: Will AUDJPY Confirm Its Bull Run? AUDJPY is forming a contracting triangle. Price had completed the (D) wave, and I have given the short-term selling targets of wave (E) of wave ((4)). In my previous article, I have mentioned that "Wave (E) can complete between 0.618 to 0.786% Fibonacci levels. That's why a trader can expect the following targets for wave (E) 83.44-82.50-81.03 as targets of wave ( E)". Price has reached all targets of wave (E). Click Here to read the previous article: The ending point of wave (E) is the starting point of an impulsive cycle. Due to bearish sentiments, the price may touch the A-C trendline and start the bullish move. Safe traders can enter after price make an excess on the lower band of the channel. They can expect the following targets 82.565 - 83.850 - 84.185+. Invalidation: Breakdown of the A-C trendline .
by forextidings
2
AUD/JPYOver the past week and during the calendar month of March, the Australian Dollar has been the strongest currency while the Japanese Yen has been the weakest. This currency cross is at the heart of the Forex market now. The Yen is weak as the Bank of Japan wants to bring inflation up to 2%, while the Australian Dollar is strong on improved global risk sentiment and a relatively buoyant commodities sector concerning Australian exports. Technically, the price has powered to a new 6.5-year high, again making a very strong rise last week – this was the biggest weekly rise in this currency cross seen in many years.
Long
by SmoothJB
AUDJPY | HARMONICS IN PLAY?AUDJPY after being trading under the horizontal level of 86 since Feb 2018, we see a clean breakout from the level on 16th March 2022. Now the Hot Question is: Where will be the top? If you see on the chart, we have showed crab pattern which shows bearish reversal on 91 to 92 region which is also the weekly resistance zone. The indicator RSI is also reaching the top of the zone and we can see a drop if the bulls continue to long. Alternatively, If weekly resistance taken out then 100 level is on the card. Play your levels accordingly.
Short
by JustTradeSignals
11
AUDJPY Analysis/Trading Idea ShortLooking at the pair under 4hr tf, the market is in a downward trend and most especially making waves in the channel. Right in the channel, there appear an upward channel, there was clear reject at 50% fib level downside and also a clear rejection upside of the middle channel at 50% fib level leading to a bullish movement. We are expecting a retest at 61.8% fib level up for a clear confirmation of bearish movement down the main channel by next week.
Short
by forexjet_
AUDJPY Analysis/Trading Idea ShortLooking at the pair under 4hr tf, the market is in a downward trend and most especially making waves in the channel. Right in the channel, there appear an upward channel, there was clear reject at 50% fib level downside and also a clear rejection upside of the middle channel at 50% fib level leading to a bullish movement. We are expecting a retest at 61.8% fib level up for a clear confirmation of bearish movement down the main channel by next week.
Short
by forexjet_