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Audjpyidea

AUDJPY: Commodities vs Weak Yen!AUDJPY Intraday - We look to Buy at 93.00 (stop at 92.00) Previous support located at 93.00. Previous resistance located at 94.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 93.00, resulting in improved risk/reward. A move through 94.00 will confirm the bullish momentum. Our profit targets will be 95.00 and 95.50 Resistance: 94.00 / 95.00 / 95.50 Support: 93.00 / 92.50 / 92.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
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 is somewhat MARKET RISK ON. We expect AUDJPY to bounce back UP. Anyway, its price is moving down in the AUDJPY DOWNSIDE TRIANGLE. By BREAKING that TRIANGLE PATTERN, its price can go UP again. After that, if MARKET RISK continues to be ON, you can definitely BUY at 96.90 LEVEL. For that, MARKET RISK should be ON. To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS.
by benny_marshall
Possible sell opportunity on AUDJPY!The overall trend on this pair is faced to the downside. The pair was trading within a correction for few days and now we see that it has broken below its rising trendline. This can be a sign that bears are breaking out and this could trigger a downside momentum. I have taken short position in this market, my stop loss above the resistance level and I have two targets in mind, 93.509 and 92.235. If you would like to take this trade with me, be advised to follow your own trading plans and rules. Otherwise I will be happy if you support my idea with likes if you find it helpful.
Short
by Forexintelligence_NA
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