Audjpyforecast
AUDJPY technicaly based forecast
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💡 AUDJPY technicaly based idea, technicaly indicators showing we can expect higher recovery phase, exepcting to see push in price till FIBO 0.6
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AUDJPY LONG! Some Stairway Levels To ConsiderBias is Weak JPY Vs Strong(est) AUD (IKR/ No Kidding!) on various time-frames including Daily.
Resultant: Buy/ Long!
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AUDJPYAUDJPY
Recently AUDJPY has broken the descending triangle pattern and went further up
The next target would be 66.860
Long Positions may open at current level which is 67.120
Potential take profit will be 66.800 level which is also a major resistance level
Stop lose may placed below the 66.740 level
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AUDJPY: Correction time is on the wayThanks for Taking Interested in my Trading Idea.
AUDJPY: Correction time is on the way.
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Note: This is only for Educational purposes; this is not investment advice.
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AUDJPY LONG! Price currently trapped at Buy-Zone Daily Charts Upside targets marked for potential Buy/ Long strategy.
Not included here is trend line that could lag Long setup.
Check comments section momentarily for any potential update/s to this trade-setup.
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AUDJPY approaching its daily support level!currently we can see that AUDJPY still going down and approaching its daily support level however we must pay attention to the downward momentum because is quite strong, if 71.750 support level be able to hold the price then we might have a chance to go long for 140 pips. good luck!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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AUDJPY SHORT Hi guys, what a week ! Lots of movement in the market this week which is good to see, my bias for this pair is short (sell). I am looking for a spinning top or doji candle formation on the Daily time frame as another confluence to take this short and to allow the temporary bullish momentum to slow down. If this does form I will be scaling down to the 4hr and 1 hr time frame to look for a better wick entry. This is a long term trade so don't put a huge lot size on lets swing trade this down to the -61.8% fib level.
400 PIP GAIN 8/1 RR
AJ developing a bullish channelmoment of writing, AJ is testing the 74.000 zone which is a neckline. from the previous lows, we see a rejection at the 618. I expect
a little more accumulation before going to the next bullish breakout. we can expect this kind of movements in the next week.
like you see, the extension levels are located inside the bullish uptrend. the numbers for the next week will give us more direction.
AUDJPY SELLWatching this pair for a healthily sell. Trend line resets plus ema rejection as well as rejection of the 50% fib. Multiple confluences to take a short here. Just waiting for price to come up top the purple box region and form some bearish candle sticks to take a short position here to ride it all the way down.
Tale partial profits.
430 PIP gain 7.5/1 RR
Trading Pathways Analysis of AUDJPY H4 Chart
The outlined white arrow pathway is the predicted pathway that the AUDJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where AUDJPY will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
AUDJPY key support levels ahead.Price is approaching congestion zone so I would stay out from any trade for now, and wait for a clear direction. Important levels are below, and market may want to test those levels. You can check it on the weekly or monthly chart as well. My personal bias is that price is going to drop some more, but we have to get through the zone. (Also looks like AUDUSD want's to test lower so that might drag down AUDJPY as well)