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Audjpyforecast

AUDJPY Technical Analysis and Trade Idea Asian SessionAnalysing the AUDJPY currency pair, it's evident that it has encountered a pivotal support level following a robust bearish momentum. Presently, price appears overextended, which may trigger a retracement. As always, comprehensive insights are provided in the accompanying video, where we delve into aspects such as price action, market structure, and other critical elements of technical analysis. It's essential to emphasize that the content presented here is solely for educational purposes and should not be construed as financial advice. It is paramount to exercise prudent risk management practices when engaging in trading activities.
by fxtraderanthony
Weekly Candle closure suggests Upside / AudJpy 🛩️Hello Traders! A different post today as we are talking about AudJpy when we usually share our thoughts on EurUsd. 0:0 Monthly timeframe 2:53 Weekly timeframe 6:35 Daily timeframe 8:52 4hr timeframe 12:30 1hr timeframe Yen pairs have a bit of a different personaility then when it comes to trading Eurusd. The moves can be alot more harsh and unrelenting. For example trading a yen pair it may be the case that we don't recieve a retest when in the process of breaking out. Versus on Eurusd we may see a retest and price will respect level's in a more clean fashion. AudJpy previous weekly candle closed bullish above the previous weekly resistance level created during the 2nd week of August at 94.107. This confirms a change to bullish market structure and potential upside this week back to 94.69 Daily resistance zone and 95 4hr resistance zone. Our previous weekly resistance level at 94.119 which we closed above last week may now turn into a weekly support level and facilitate a move to the upside. Other key level's include Daily support level 93.559, and 4hr support level's 93.9 and 93.73. Aud Interest rates have been increasing since May 2022 but observing the Weekly timeframe, not much has happened with regard to the strength of the AUD on this pair. Interest rates are anticipated to be released tomorrow 4 hours after asian session open and it may act as a catalyst to observe a continuation back up towards structural highs at 95. Otherwise we may observe a decrease back towards 93.559 and a failed breakout to the upside on the Daily/Weekly timeframes.
Long
by ShrewdCatfx
2
AUDJPY Long Term SELLING Trading IdeaHello Traders In This Chart AUDJPY HOURLY Forex Forecast By FOREX PLANET today AUDJPY analysis 👆 🟢This Chart includes_ (AUDJPY market update) 🟢What is The Next Opportunity on AUDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
AUDJPY Long Term Trading IdeaHello Traders In This Chart AUDJPY HOURLY Forex Forecast By FOREX PLANET today AUDJPY analysis 👆 🟢This Chart includes_ (AUDJPY market update) 🟢What is The Next Opportunity on AUDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
by ForexPlanet20