Audjpyshort
AUDJPY AT STRONG RESISTANCE AUDJPY exactly moving according my previous analysis (tagged ).
We are in buy position from chanel support and market nicely hitt our target chanel resistance and also we can see market nicely respecting the chanel.
So Now market at chanel resistance and also here is a horizontal resistance area at same level.
So I expect market will sell from here to the support.
Always trade safe and must use stop loss.
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Selling the AUDJPYThe AUDJPY made a new low(87.088). Price is yet to break the high(93.334) the gave this low which means the market is still trending down and I am looking for sell setups. Price has retraced to a preferred zone that offers a 1:4.5 risk to reward ratio hence I take the trade for a sell and place my take profit at the low. What is left is to remain patient and let the trade run.
DeGRAM | AUDJPY at psychological levelAUDJPY is consolidating between 92.000 and 87.500.
The market is in a downtrend, and price is pulling back to resistance level.
Price is testing at psychological level 92.000.
We will look for selling opportunities because of the pullback within the global bearish trend .
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AUDJPY top-down analysisHello 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.
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 the MARKET RISK continues to be OFF, you can definitely SELL at 88.02 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.
AUDJPY sell opportunityll JPY pairs are in strong bearish mementum from last few weeks and market is now doing in smart correction after good bearish rally
we are looking for another drop from that specific mentioned area
look for sell on AUDJPY and look for confirmations on lower time frame
always remember that patience is the key