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Audjpyshort

AUDJPY - Bearish BiasAUD - Strong Bearish 1️⃣ Risk-off sentiment in the market led to sales in high-beta currencies such as the AUD. 2️⃣ The RBA voiced concern over economic growth in the 3rd quarter as a result of the COVID-19 outbreak in Australia. JPY - Weak Bullish 1️⃣ Investor concerns about the spread of coronavirus sparked demand for safe-haven currencies. ===== Technical ===== We are selling the AUDJPY after it breaks previous support. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction. Don't forget to like, comment, and subscribe for more ideas.
Short
by MonsunAsia
AUDJPY | The best area to buy 📍Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, wave a in larger timeframes is completed as 5 waves, and this ascending wave is related to wave a from wave b in higher timeframes. Based on the investigations done in the smaller time frames, we think that wave a will end from this point or finally at the end of the previous wave 4, and wave b will be completed at the specified price target. If the bottom of the red channel is broken, wave b is confirmed. The best place to shop is after the roof of the blue canal is broken. If the price crosses Fibonacci 0.618, this analysis will be fielded. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by TajereBartarFX
3
AUD/JPY:PRICE ACTION ANALYSIS | DOWNTREND | SHORT VIEW 🔔The forecast for the AUD/JPY remains bearish as price action nears the completion of its reversal after reaching support. The minor rally allowed the Tenkan-sen to stabilize and turn sideways, but the Kijun-sen extends its slide. Adding to the bearish outlook for this currency pair is the descending Ichimoku Kinko Hyo Cloud, together with persistent inflationary pressures.We can also note that the price is in Overbought in Stochastic, the volumes are still green due to the Pullback in place, the price is around the 61.8% Fibonacci level on which the previous support is present. Can bears maintain control over price action and force the AUD/JPY into its horizontal support area?
Short
by FOREXN1
2
AUDJPY | Small correction♻️Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In this analysis, we examined the a wave in the weekly time frame. Based on this wave count, waves 1, 2 and 3 are complete and now we are inside wave 4. In wave 4, wave a is formed as 5 waves, so we expect wave 4 to be completed in a zigzag pattern. Wave a is complete and Wave b is forming, and Wave b must move to a maximum of 0.618 Fibonacci. The upward movement of the price that has started is related to one of the waves of wave b, but to be sure of wave b, we first expect the pink channel to break. After the completion of wave b in the specified Fibo, we expect the price to fall to the specified area to form wave c. If the price moves higher than Fibonacci 0.618, wave 4 ends at this point and wave 5 starts. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by TajereBartarFX
AUDJPY - Bearish BiasAUD - Strong Bearish 1️⃣ New South Wales Australia reported 1,029 cases of local infection. Meanwhile, lockdowns in the state were extended until September 10. 2️⃣ Market sentiment turned negative after Australia reported more than 1 thousand cases of infection. 3️⃣ As a high-beta currency, the AUD is under pressure from negative sentiment. 4️⃣ Retail sales in Australia declined by 2.7% in July 2021, compared with market forecasts of a 2.3% fall and after a final 1.8% drop in June. JPY - Strong Bullish 1️⃣ Risk-Off sentiment benefits the safe-haven JPY. ===== Technical ===== We are selling the AUDJPY after its break the support levels. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Short
by MonsunAsia