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Audjpyidea

AUDJPY: Dip buy offers better rewards?!AUDJPY Intraday - We look to Buy at 91.50 (stop at 90.60) Previous support located at 92.00. Previous resistance located at 93.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 91.50, resulting in improved risk/reward. A move through 93.00 will confirm the bullish momentum. Our profit targets will be 93.50 and 94.00 Resistance: 93.00 / 93.50 / 94.00 Support: 92.00 / 91.50 / 91.00 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
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: 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
AUDJPY - WILL CONTINUE TO FOLLOW THE MARKET SENTIMENT ??- 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 sold out a bit last week because the MARKETS continue to RISK OFF. The AUD FEATURE stands at 0.6920 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 the EQUITIES are turning a bit red. VIX INDEXES UP UP. Also COMMODITIES are now showing 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 Monday. - You can go to 90.10 LEVEL before the AUDJPY PRICE is down. Then you can UP to LEVEL 86.09. Buying AUDJPY is a bit risky if VIX is UP. Currently VIX is becoming UP. So wait until VOLATILITY RED and get the AUDJPY BUY ENTRY.
by benny_marshall