Get started

Audjpyshort

AUDJPY - Bearish BiasAUD - BEARISH 1️⃣ Australian local 10-year bond yields fell from 22-month highs to 1.771% after the news, while US 10-year rates eased slightly from 13-month highs to 1.595%. JPY - BULLISH 1️⃣ Ahead of the BoJ’s Monetary Policy Statement on Friday, some investors predict that policymakers may phase out a numerical target for its risky asset buying, highlighting the rising cost of prolonged easing and marking a turning point for Governor Haruhiko Kuroda’s massive stimulus programme. 2️⃣ Japan’s industrial output growth in January was revised slightly higher to 4.3% from a flash figure of 4.2%, the strongest growth since July last year. ===== Technical ===== We are looking to sell the AUDJPY at SBR + below SMA 50 on the H1 chart. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Short
by MonsunAsia
AUDJPY - Expecting Push to the downsideHi traders here is my view on AUDJPY. Obvious accumulation phase going on, which in fairness, can be solved either way (up or down). Given the last impulse on the 4H timeframe though I am bearish and see the accumulation phase as part of a retracement. However, before I jump into a trade I want to see a clear break below the current support zone on the 1H timeframe - at least! RR on this one is 1:2. As usual, stop loss goes to break even once price hits 1R profit. Let me know what you think in the comments below. Good luck :)
Short
by TFLOfficial
AUDJPY – Nice BIG shifting of direction is happening!If you’re following my analysis, maybe maybe you guys are already bored with this, .. and I don't know how many times I've said it,.. but I want to say it once more,.. just be careful,.. the direction is starting to shift now,.. We are already seeing some nice shifting of direction these past 2 days and I’m expecting this to continue for a very long term. The way the market move recently is a typical move and structure that I recognize to repeat itself and play over and over again. All risk currency keep going higher and higher in a corrective structure. Evenmore, they break significant inflection point area in daily timeframe just to retrace back impulsively like this. This is a common price move to catch more and more people on the wrongside of the market before the big real move start to happen. I do believe starting from now we will start to see a risk-off mood across all currency pairs, and when it does play, AUDJPY is surely one pair that we must keep an eye for. In this pair, we can see a really nice ascending structure in multi high TF and it already showing us a nice rejection from the top of it. I will wait for any break of continuation flag structure (minimum in H1 TF) to confirm the move to the downside. I will just let the target open while trailling sl along the way as the market start to give a momentum. Lets see how far can this pair go. On another hand, eventhough I see it as a least probable outcome, if the price break above the 25th February high at 85.000 area, it will nullify this forecast and I will wait for the market to shows it hand first by forming a better structure to see. For now, let’s see how will this pair develop, good luck.. _______________________________________________________________________________________________________________________________________________________ Here is the MOA FX technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger. __________________________________________________________________________________________________________________________________________________________________
Short
by moa_trading_journal
1