Audjpyforecast
AUD/JPY to Long?Market Structure on the weekly indicates a long term upside to follow over the next coming weeks or so.
Analysis bases on technicals only, trade at your own risk ...
AUDJPY BUYThis is AUDJPY 4H timeframe analysis, i'm expecting it to come down for retracement first before it goes to the upside.
AUDJPY 180 pips bounce was expected will it reach September highAUDJPY
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⏳H4 chart
🎲 Detailed analysis
⛳️Bullish entry / Alternative bearish entry
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Detailed analysis 💬
1️⃣ Bullish flag formation 76.000 support
2️⃣ 76.550 October month high
3️⃣ Positive risk sentiment, Vaccine news
4️⃣ 75.800 50% Fibonacci Dynamic support and resistance
5️⃣ 78.450 September high acted as strong resistance-Key trend reversal area
6️⃣ 75.640 Point of control - Volume profile
7️⃣ Technical support - Bullish
8️⃣ 78.450 will acted as key reversal-bearish
9️⃣ AUDPY trading within a broad rising channel
🔟 Possible swing target-78.450
#️⃣ Overall long-term trend- Bullish
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📉 Technical bias-Day-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bullish
Relative strength index - well above 60 - Bullish trend
MACD -Histogram is still in green zone, Oscillators are pointing upward
Stochastic - Reached around 75- overbought condition will give a short term fall back expected
Ichimoku cloud -cloud is still red and about to turn as green-Price is well above the cloud
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected
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Key reversal area's
72.000 psychological level
75.640 Point of control area Volume analysis
78.350 Sep month high
76.200 Break and retest area
78.000 Major psychological level
76.450 Possible entry- Bull
78.350 Sep month high/ Alternative bearish entry
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[bBullish entry #yen #kiwi #nzdjpy
Entry price - 76.450
Take profit 01 - 77.300
Take profit 02 - 78.350
🚫 Stop lose 79.950
⬆️ 2.49 Growth expected
⤴️ Account growth .65: 2.49
✅ Risk reward ratio 1 : 3.8
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AUD/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
AUD/JPY: Day-Swingtrade-Preparation
Market-Buy: 75,970
Stop-Loss: 75,480
Target 1: 76,450
Target 2: 76,680
Target 3: 77,050
Stop-Loss: 49 pips
Risk: 0,5% - 1 %
Risk-Reward: 2,30
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Peace and good trades
Irasor
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AUDJPY forecast?AUDJPY has rejected the weekly level twice now so wait and see what price does in the sydney session before making a decision to sell.
AudJpy- 77 is strong sell zoneLike all "risk", AudJpy flew yesterday and ended the day just under significant resistance from 77.
I expect this resistance to hold and the pair could fall to 75 in the next period.
Sell rallies is my strategy for this pair and only a daily close above 77 would change my bearish perspective
Audjpy Analysis - Weekly Forex ForecastThe daily trend is down but its not yet confirmed its downward move yet. We will monitor price for more confirmations.
AUDJPY - SHORTSelling a clip of AUDJPY here at 73.86 ahead of the 73.94 pivot and breakdown area that held on Friday. As long as 74.45 fibbo resistance holds, I remain a seller of the rallies going into the RBA meeting. RSI indicates that the market is overbought and the momentum should start to turn towards the downside.
I will sell a 2nd clip around 74.10 if we get there.
Short at 73.86
SL around 74.45
TP around 73.13 fibbo support.
AudJpy- Imminent break downAudJpy is in a clear downtrend and, as said yesterday, rallies towards 75 should be well caped by bears.
The pair is trading for the 3rd time in 74 zone support and I expect a breakdown sooner rather than later.
My target for short is 72.50 and I will remain bearish as long as the pair stays under 75
AudJpy- drop ahead?AudJpy is trading in a very tight range for a few days now.
The trend is down and I believe the break will be to the downside and will assist a continuation under 74.
I'm bearish this pair as long as the price is under 75
AUDJPYPrice is testing a monthly support. The market is currently printing a consolidation pattern. RSI is printing a bullish divergence signal. Breakout is imminent. Possible price actions indicated.
AudJpy could accelerate its lossesFor a few days now AudJpy is consolidating just above 74 zone support.
The combination of weak AudUsd and strong Jpy is not good for the pair and we can see a breakdown sooner rather than later.
I expect gains to be well caped on 75 zone and the pair could drop to at least 72 and even 70 in the medium term
Look to sell rallies under 75
AUDJPY LONG in the short termAUDJPY is position at price @ 75.10 for a bull run. This is a short term analysis.
Overall, we should expect a pullback of price around @ 75.00 and 74.90 and if the price closes below @ 74.90 then our move will be short to the downside with target price @ 73.39 and @ 73.49
I am bullish until the price reaches @ 75.00
Good Luck Traders.
AUD/JPY ANALYSISAUD/JPY is selling because previously it was on the resistance trendline line zone . From a weekly timeframe we can see the overall price selling After the pullback . What do you see ? Comment down below.
AUDJPY Supply and demand Long tradeHi Traders, as you can see, I'm looking for long opportunities on this AUDJPY after price rallies and made an ABC correction which printed a demand zone.
Good luck
📢AUD/JPY Possible long setup 😎This pair is now at support. Let's see if we get some rejection so we can jump in 👆 Once the 4H candle can close I'll be monitoring price action on smaller timeframes foe an entry 🧐 If you like the Analysis feel free to drop a like and leave comment, we are grateful for all the love out there 🤍
