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Audjpyidea

AUDJPY, 4hr tf, sell on ichimoku confirmationHello my friends, Today i got trade ideas for AUDJPY pairs. This pair just came to my forex screener as there are some confirmations that have to be fulfilled for sell postion. All the confirmations needed are: 1. Price making lower low and lower high 2. Price break below the kumo and holding below it 3. Kumo cloud are red colored 4. Parabolic SAR switched to above the price indicating selling pressure I am not selling this pair right now as it is not offering a good RR ratio right now Wait for price to retrace a bit before entering sell Sell AUDJPY 77.10 Stop loss 77.70 Take profit 1 @76.45 Take profit 2 @75.60 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
2
AUDJPY - sell biasedHi all traders, by now, u would have made alot of pips just following this pair of AUDJPY. Congratulations on it. Now for the next setup for AUDJPY. Im looking for the close below the trend line. IF the trend line is broken. I am gonna look for further weakness in this pair till we reach the next support. Plan your trade nicely and you should be able to scoop tons of pips from this idea. Follow me on tradingview. Like and share with all your friends of this idea. **Disclaimer: All trade ideas are of my own personal view. It's not a financial advice. Thanks!** Cheers everyone!
Short
by FxTradingWarrior
1
AUD/JPY could MOVE DOWN!Hey tradomaniacs, after previous fakeout to the topside AUD/JPY could continue its correction to the downside. These fakotus after often a move by institutional traders to liquiddate the retailers in order to have enoug liquidity for their oen positions. JPY is overall strong due to the previous news aswell as DXY which is still moving upwards. Market is pretty choppy and indecisive so be carefully trading! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
AUDJPY long trade ideacurrently, we are seeing price formed unconfirmed inverted H&S and potentially to go up to the 78.430 resistance level (2), personally I will wait for the price to breakout the 77.54 resistance level (1) first before entering a long position on this asset. **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. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
5
AUDJPY - BULLISH BIASWhy we look to long AUDJPY? ===== MARKET OUTLOOK ===== AUD - BULLISH 1️⃣ Investors pushed the US Dollar to fresh 2-year lows in early Asian trade amid delayed fiscal stimulus for the American economy. 2️⃣ Australian Government signed an agreement with UK-based drug company AstraZeneca to secure the potential COVID-19 vaccine developed by Oxford University, if its trials prove successful. 3️⃣ Westpac-Melbourne Institute Leading Economic Index in Australia rose by 0.1% month-over-month in July, posting the smallest gain in three months. JPY - BEARISH 1️⃣ Investors cheered prospects of further stimulus for the US economy after US House Speaker Nancy Pelosi indicated that a stimulus deal may still be reached if Democrats cut their stimulus proposal in half. 2️⃣ Receding safe-haven demand undermined the JPY. ===== TECHNICAL ===== - We are looking to long AUDJPY on RBS level + SMA50 area on H1 chart. Stop loss under pivot point . - AUDJPY in bullish zone. ===== RISK TO THIS TRADE ===== - Stop loss will hit if market sentiment turns to risk-off mode.
Long
by MonsunAsia
AUD/JPY Technical Analysis.Currently, AUD/JPY is trading at 76.26. The price is moving in up trend by making higher high and lower low pattern. The pair may start a new down trend if it breaks the support level at 76.08, likely It is possible that the pair may rebound back after touching support level to continue its up trend. If the pair starts a new down trend after breaking the support level, then its first target price will be at 75.74 and second target price will be at 75.09. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Short
by rishililawat5