#AUDJPYJust entered on this retest for #ADUJPY
Looking for about 1:4 RR on this trade
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Thank you!
Audjpyshort
AUDJPY to continue in the downward move?AUDJPY - 24h expiry
There is no clear indication that the downward move is coming to an end.
Although we remain bearish overall, a correction is possible without impacting the trend lower.
Risk/Reward would be poor to call a sell from current levels.
A move through 95.25 will confirm the bearish momentum.
The measured move target is 94.50.
We look to Sell at 95.70 (stop at 96.05)
Our profit targets will be 94.70 and 94.50
Resistance: 95.50 / 95.70 / 96.00
Support: 95.25 / 95.00 / 94.50
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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AUDJPY SHORT: Caixin Services PMI lower than estimatedChina's January Caixin Services PMI was 51.0 vs. 52.2 in December. This shows a slowing service sector in China. As a result of this economic news release, the Australian dollar is expected to potentially weaken against the Japanese yen. We must remember that China is one of Australia's biggest trading partners, so anything that happens in China will almost always affect the Australian dollar.
AUD/JPY: Bearish Reversal in Play, A Long Downtrend Awaits?Hey Realistic Traders, OANDA:AUDJPY has no chance for a Bullish Outlook? Let's dive into the analysis...
After a prolonged consolidation phase, the Aussie Yen has once again traded below the EMA-200 line, forming a new lower high along the way. This bearish signal marked the beginning of a continued downward movement, which was further confirmed by a breakout from a rising wedge pattern. Such breakouts typically indicate strong bearish momentum, especially when accompanied by multiple bearish marubozu candlesticks.
Further strengthening this outlook, a falling wedge breakout occurred on the JPYBASKET, signaling a continuation of its prevailing bullish trend. This divergence between Aussie Yen and JPYBASKET adds weight to our bearish analysis.
Considering these strong technical signals, the price is likely to move downward toward the first target at 94.651 or potentially the second target at 93.716.
However, this bearish scenario depends on the price staying below the critical stop-loss level at 98.478.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
"Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Aussie Yen".
audjpy buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Aussie yen will weak again...After last week fake bear break out, Aussie is ready now to goes down.
Big bearish move after Aussie unable to touch upper line of the channel is good sign of bear control in Aussie yen pair.
trade safe
good luck.
Key Resistance Level for AUDJPY: Towards 98.000?OANDA:AUDJPY is approaching a critical resistance level that has previously seen bearish reversals. The ongoing bullish momentum could provide an opportunity for sellers to step in and take control.
Key point: If we observe bearish signals such as rejection wicks at this resistance, the price could potentially drop towards 98.000. However, a breakout above this level would invalidate the bearish setup and shift the bias to a more bullish outlook.
It’s important to wait for clear rejection signals before considering any short positions. I'd love to hear your thoughts or different perspectives in the comments!
AUDJPY buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDJPY ShortPrice is respecting the higher timeframe fib and made it first push away from the area. Looking for price to pull back into the resistance zone for a second test for an entry. Will wait for lower timeframe confirmation and momentum before entering
AUDJPY - Short from bearish OB !!Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish OB.
Like, comment and subscribe to be in touch with my content!
audjpy buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDJPY is Holding After Channel BreakoutHello 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 AUDJPY 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 buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDJPY ALERT!AUDJPY ALERT!
AMD pattern confirmed on the Weekly chart!
GET READY FOR A BIG DROP!
Stay alert and prepared for a potential sharp decline!
Follow our updates for timely analysis and trade signals!
My plan SHORT for AUDJPT and LONG for JPYUSDI saw A strong DownTrend structure on OANDA:AUDJPY
I saw A Break Sell follow trend on M15 chart of AUDJPY
Also I Saw a strong Break buy follow trend on M15 chart of PEPPERSTONE:JPYX JPYUSD currency index.
So I make a plan SHORT for AUDJPY and also a plan LONG for JAPAN YEN
Target with RR= 3
JPY currency index and JPY pairs ideas📊🇯🇵Since JPYX (JPY Currency Index), Daily chart rebounded from the Demand zone after the Jibun Bank Japan Manufacturing PMI yesterday.
Here we spotted some JPY pairs changed direction in Daily Chart as well. They are in BOS(Break of structure) stage, we are waiting a retest back to the Sell Zone and drop again.
AUDJPY Short Term Sell IdeaH4 - Bearish trend pattern followed by a pullback
Until the two strong resistance zones hold my short term view remains bearish here
16-12-2024 - AUDJPY Short16/12/2024 - AUDJPY - Short Trade Plan
Trade Details:
Entry: 98.454
Stop Loss: 98.789
Take Profit 1: 98.110
Final Target: 97.117
Reason for Trade:
Price is rejecting a strong supply zone and trendline resistance.
Potential bearish reversal setup is forming after a retest of the resistance zone.
RSI shows a potential bearish divergence, further supporting the short bias.
Disclaimer : This trade plan is for educational purposes only and not financial advice. Always perform your own analysis and risk management before executing any trades.
AUDJPY - Short active !!Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action after price filled the imbalance and rejected from bearish OB.
Fundamental news: On Tuesday (GMT+2) we will see results of Cash Rate on AUD and on Thursday Unemployment Rate. News with high impact on currency.
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AUD/JPY: Is the Downtrend Losing Steam?Monthly Chart Overview
On the monthly chart, AUD/JPY is exhibiting significant downside extension, reaching a key rejection zone. This area has historically acted as a strong support or resistance, which could indicate potential for price exhaustion. However, patience is required, as the bearish trend remains intact for now.
Weekly Chart Perspective
Zooming into the weekly chart, the price appears even more overextended to the downside. The pair is approaching important zones of interest, suggesting the possibility of a retracement. This could present buying opportunities as the price potentially rebalances. However, the bearish momentum remains strong, making it crucial to wait for confirmation since the downward trend could persist.
4-Hour Chart Dynamics
On the 4-hour chart, the key lies in observing whether:
Price breaks aggressively to the upside, signaling the beginning of a potential retracement, or
Price continues its downward movement, confirming the prevailing bearish trend.
This timeframe is crucial for fine-tuning your entry and taking a directional stance. Any aggressive bullish momentum or clear bearish continuation will dictate the strategy.
Fundamental Insights (COT Report)
A notable signal suggesting the potential for a long setup is visible in the Commitment of Traders (COT) report:
The JPY positions are showing aggressive additions to long positions, with a simultaneous unwinding of short positions.
In contrast, the AUD remains stable, indicating less aggressive positioning on the AUD side of the pair.
This shift in sentiment toward the JPY could be an early indication of a potential reversal in AUD/JPY, as the market might be anticipating a weakening of the downtrend or a possible retracement.
Trading Approach
Bullish Plan: Wait for confirmation of a reversal (e.g., bullish engulfing candles, breaks of recent highs, or strong momentum). Enter on the retracement with targets at resistance levels identified on the weekly chart. The shift in JPY positioning strengthens the case for this setup.
Bearish Plan: If the price continues to break lower, consider shorting after a pullback to resistance, in line with the higher timeframe trend.
Key Takeaways
The combination of price reaching historical rejection zones and the COT report sentiment shift suggests potential for a reversal, but patience is critical for confirmation.
Monitor the 4-hour chart for key breakouts or confirmations in price direction.
Use defined zones on the monthly and weekly charts for targets and risk management.
AudJpy formed rising wedge pattern!Looking for Impulse Down.
AudJpy formed rising wedge pattern as continuation pattern and AJ should continue fall to the deep. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
AUDJPY Short Term Sell IdeaH1 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDJPY: Bearish Wave Poised for Targets around 98.77Hello Traders,
Trust trading has been awesome.
Find below my analysis of AUDJPY currency pair.
Current Price: 99.738
The pair shows bearish sentiment across the H4, H1, and M30 timeframes, with a downward trend firmly established (as price keeps making lower highs and lower lows). Momentum indicators suggest strong bearish pressure; however, the price is currently consolidating within a narrow range, limiting immediate directional movement.
Bias: Bearish, as long as the price remains below the key resistance level at 99.997, and we see a breakout of the consolidation range (Squeeze).
Targets
First Target: 98.770
Second Target: 98.108
Ultimate Target: 97.816
This bearish outlook is further supported by Elliott Wave analysis, with the potential for a downward move fulfilling the Wave 5 projection of the current impulsive wave, provided the price stays below 100.048.
