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Audjpysell

AUDJPY 6h shortDear friends, Welcome to another analysis. Here I'd like to short my AUDJPY pairs. Currently the price is travelling in a downtrend. Price is in the verge of a breakout. But the down trendline is very strong. Chances of breakout failure is high. Now all the AUD currency is at the resistance. So, the price is likely to fall further after the US market opens. If you look at this chart the price has a strong resistance to retest to go to the downside. Price is constantly testing the down trendline on the upside but unable to break it. So, it is likely to fall further. 1:2 RR is more than enough for a profitable trade. But more than 1:2 can be expected. Till 88.470 there is no support. Price has formed the double bottom at the end of the down trendline. A little bit of chance that this double bottom can hold this down trend fall. Currently there is a normal buying pressure. So, sellers can open their short position. Look at the chart attached for a better clarity. Avoid buying in breakout as there is a resistance. So, buyers can be trapped easily. But it is wise to follow your risk management before taking entry. I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways. Thanks & Regards, Alpha Trading Station Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
Short
by AlphaTradingStation
2
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY These days, AUDJPY is becoming somewhat DOW due to MARKET RISK OFF. The reason for that was that the MARKET SENTIMENT was somewhat NEGATIVE with FED UPDATES. The YEILD of JPY 10Y BOND was increased at today's BOJ MEETING. Because of that, XXXJPY CURRENCIES went down very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more. Therefore, after JPY becomes PRICE, XXXJPY PRICES may be UP in the future. Even now, we see that the MARKET has somewhat MARKET RISK OFF. We expect AUDJPY to RETRACE to higher resistance. Anyway, if the AUDJPY goes upside down again, the VIX should go down and the JPY should go up, and STOCKS should go up. The dollar should continue to strengthen as it has in recent days. If MARKET RISK continues to be OFF, you can definitely SELL at 85.96 LEVEL. But somehow, after that, AUDJPY may go up to 92.90 LEVEL. Anyway, if JPY becomes WEAK, if the UP SIDE STRUCTURE is BREAK, there is a very good situation to BUY AUDJPY. To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS. If the dollar is strengthened by the FED, MARKETS RISK should be off. Then after JPY STRONG, AUDJPY can be LONG TERM BUY.
by benny_marshall
1
AUDJPY - Short from bearish orderblock ✅Hello traders! ‼️ This is my analysis on AUDJPY . Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I have 2 POI, first one I see price to start bearish price action from here as price rejected from bearish orderblock or it could go higher to fill the imbalance and to reject from bearish orderblock around 93.500 ‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY These days, AUDJPY is slightly UP due to MARKET RISK ON. In recent days, JPY became somewhat STRONG because of the BOJ INTERVENTION and the drop in US INFLATION. Even now, we see that the MARKET has somewhat MARKET RISK OFF. We expect AUDJPY to RETRACE to higher resistance. Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up, and STOCKS should go down. The dollar should continue to strengthen as it has in recent days. FOMC UPDATE MUST BE HAWKISH FOR THAT. If MARKET RISK continues to be ON again, you can definitely BUY at 95.63 LEVEL. But somehow it may go down to 91.06 LEVEL before going UP. After that, AUDJPY may go up to 95.04 LEVEL. Anyway, if JPY continues to be WEAK, if the UP SIDE STRUCTURE is BREAKED, AUDJPY has a very good situation to BUY. To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS. If the dollar is strengthened by the FED, MARKETS RISK should be off. Then after JPY STRONG, AUDJPY can be LONG TERM BUY. audjpy
by benny_marshall
3
AudJpy could drop 500 pips in mediumtermSince the pandemic low at 60, AudJpy traded upwards with the pair gaining almost 4k pips and almost reaching the 100 figure. However, since the top made at the end of April, the pair entered a rising wedge pattern and, at the end of September, has broken the rising trend line support of this. In the past month, the 95 zone acted as a strong ceiling for AudJpy and the odds are in favor of down continuation. Swing traders can target 86-87 zone support and look to sell rallies against 95
Short
by Mihai_Iacob
1
Audjpy rising from TL Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:AUDJPY We can see formation of falling battern So we are expecting a strong rise near resistence. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
Long
by Theranasaramd