AUD/JPY set to break to new highs?Last week we saw AUD/JPY roll over nicely from a key resistance zone, yet its fast turnaround from the 200-day EMA now has a potential bullish breakout on our radar.
A bullish pinbar formed on Friday after prices fell through our bearish target before closing above the 100-day EMA, then breaking above the 50 and 20-day EMAs on Monday. Prices are holding around trend resistance ahead of today's RBA meeting, where economists favour a 25bp hike yet money markets have priced in a pause.
A hawkish meeting could send prices above 96, whilst a pause could see an initial pullback. IN which case, we'd like to see evidence of a swing low above or around Friday's high or the 20-day EMA, in anticipation of an eventual break above 96.
Audjpylong
AUDJPY - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 95.000.
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AUD/JPY Free Trade Shared With You +60 Pips Now, New Entry AddedThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDJPY LONG PROJECTIONAUDJPY on daily showing strong bullish momentum with EMA's crossed over confirming buyers coming into the market with a resistance turned into support broken as well as the trendline. On our H4 execution timeframe we are seeing a pullback to the broken daily trendline and H4 support zone which will set us up for long positions once the trendline and support have been retested and rejected.
AUDJPY LONG PROJECTION UPDATEAdjusted trendline on H4 as a bullish harami pattern formed which respected the new trendline. Sellers were pushing the market lower until price started to climb again after the formation of the bullish harami and the trendline being respected indicating that sellers are loosing power. Temporary move to the downside doesn't necessarily mean a change in direction of the momentum but we have to look if the market is either retracing or pulling back; in our case it was a pullback since the downside movement wasn't that hectic or require Fibonacci retracement.
Using a lower timeframe can make you fall victim to retracements and pullbacks thinking that the trend bias has changed whereas if you focus on higher timeframes from H4-Weekly you'll be able to see the bigger picture instead of a temporary move.
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 GBPJPY 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
AUDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUD/JPY is heading to 98.5Hello Traders
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AJ preparing to shoot for the stars ✨ Overall structure is bullish(currently)but the market iscorrecting which means there's still room for higher highs within the expanding pattern there is a bullish Flag which is setting us up for a bullish moment which then is confirmed by market behavior (impulse,correction&impulse) and for the fact that all this price action is happening above the support I've drawn adds to the confluence all I'm waiting for is for the market to reject the golden zone on my fib which is in line with my resistance and it's on 🙌
AUDJPY - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short position. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block
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Will AUDJPY find buyers at market?AUDJPY - 24h expiry
Trading within a Corrective Channel formation.
We look for price action to stay within the channel formation today.
Risk/Reward would be poor to call a buy from current levels.
A move through 95.50 will confirm the bullish momentum.
Short term RSI has turned positive.
We look to Buy at 94.70 (stop at 94.25)
Our profit targets will be 95.90 and 96.20
Resistance: 95.50 / 96.00 / 96.50
Support: 95.00 / 94.75 / 94.50
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AUDJPY - Short after taking buyside liquidity ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: After the change of character here price started to form lower lows and lower highs, so I am looking for shorts. I see price taking buyside liquidity first and then rejecting from bearish order block for delivering lower.
Fundamental analysis: Tomorrow we have news on AUD, will be released Cash Rate which was forecasted to remain the same, it could mean weakness in currency that could support our analysis.
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AUDJPY Long Term Buying IdeaHello Traders
In This Chart AUDJPY H4 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 Video 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.