AUDJPY - IS MARKET SENTMENT STILL SUPPORT TO THE AUDJPY ??- AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. The current SENTIMENT has a very NEUTRAL SENTIMENT. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an understanding of COMMODITIES is a must.
- The AUD FEATURE was a bit BUY last week because the MARKETS continue to RISK ON. AUD FEATURE stands at 0.7259 LEVEL. JXY is currently down a bit. According to the MARKET SENTIMENT and the AUD can be slightly STRONG again. Price is higher than AUDJPY DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also EQUITIES is giving a slightly MIXED RISK Tone. VIX INDEXES DOWN. But they can be UP. Also COMMODITIES now shows a DOWN SIDE BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So be on the lookout, maybe in the NEWYORK SESSION in the market, maybe RISK ON today is Friday.
- You can go to 96.00 LEVEL before the AUDJPY PRICE is DOWN. Then it can be sold at 89.70 LEVEL. Buying AUDJPY is a bit risky if VIX is UP. Currently VIX is DOWN. So wait until the VOLATILITY GREEN to buy the AUDJPY SELL BUY after the MORKET is CORRECTION like 92.11 LEVEL.
Audjpysignals
AUDJPY forming a bullish patternThis is an update of the AUDJPY pair on my previous sell signal upon the 1D RSI Resistance rejection, as illustrated below:
With the price now recovered from the sub 88.000 level, the pair is waving a buy signal as it broke above both the 1D MA50 (blue trend-line) and the 0.618 Fibonacci retracement level. Since it started trading on this long-term Fibonacci Channel back in 2020, this break-out combination has only happened twice (see the circles) and on both cases after a short-term pull-back, the price rallied strongly. For example see late June 2021, where the price failed to break above the 1D MA50 and 0.618 Fib.
Consider also the important of the 1D RSI Symmetrical Zone. The RSI is now exactly on the same level (flag symbol) that it was during those two break-outs I mentioned (mid November 2020 and early January 2022). This further suggests that we may be replicating currently that exact same bullish pattern.
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AUDJPY | Perspective for the new weekConsidering the long term bullish momentum on this pair, I want to be looking out for buying opportunities in the new week as a breakout/retest of the Key level at 91.000 area shall be a signal for me to buy the Aussie.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS- AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. The current SENTIMENT has a very NEUTRAL SENTIMENT. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an understanding of COMMODITIES is a must.
- The AUD FEATURE was a bit BUY last week because the MARKETS continue to RISK ON. AUD FEATURE stands at 0.7098 LEVEL. JXY is currently down a bit. According to the MARKET SENTIMENT and the AUD can be slightly STRONG again. Price is below AUDJPY DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also EQUITIES is giving a slightly MIXED RISK TONE. VIX INDEXES DOWN. Also COMMODITIES are now showing a NEUTRAL BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So stay tuned and maybe RISK ON on the NEWYORK SESSION in the market.
- You can go to 92.36 LEVEL before the AUDJPY PRICE is down. Then it can be sold at 86.09 LEVEL. Buying AUDJPY is a bit risky if VIX is UP. Currently VIX is DOWN. So wait until VOLATILITY GREEN and get AUDJPY SELL ENTRY after MARKET REAKOUT.
AUDJPY - WILL CONTINUE TO FOLLOW THE MARKET SENTIMENT ??- AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. The current SENTIMENT has a very NEUTRAL SENTIMENT. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an understanding of COMMODITIES is a must.
- The AUD FEATURE sold out a bit last week because the MARKETS continue to RISK OFF. The AUD FEATURE stands at 0.6920 LEVEL. JXY is currently down a bit. According to the MARKET SENTIMENT and the AUD can be slightly STRONG again. Price is below AUDJPY DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also the EQUITIES are turning a bit red. VIX INDEXES UP UP. Also COMMODITIES are now showing a DOWN SIDE BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So be on the lookout, maybe in the NEWYORK SESSION in the market, maybe RISK ON today is Monday.
- You can go to 90.10 LEVEL before the AUDJPY PRICE is down. Then you can UP to LEVEL 86.09. Buying AUDJPY is a bit risky if VIX is UP. Currently VIX is becoming UP. So wait until VOLATILITY RED and get the AUDJPY BUY ENTRY.
AUDJPY - WILL CONTINUE TO FOLLOW THE MARKET SENTIMENT ??- Today presented their Monetary Policy Statement to AUD. They further stated that it is imperative that their statutory reserve ratios be increased further. No. It will in some way build a POSITIVE SENTIMENT to the Australian dollar. There is not much important news for JPY today. So the AUDJPY MARKET SENTIMENT will be FOLLOWED.
- AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. The current SENTIMENT has a very NEUTRAL SENTIMENT. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an understanding of COMMODITIES is a must.
- The AUD FEATURE sold out a bit last week because the MARKETS continue to RISK OFF. But now HIGHER has got a HIGH. And then it's PULLBACK again. AUD FEATURE stands at 0.7039 LEVEL. JXY is currently down a bit. According to the MARKET SENTIMENT and the AUD can be slightly STRONG again. Price is below AUDJPY DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK OFF status. Also the EQUITIES are turning a bit red. VIX INDEXES UP UP. Also COMMODITIES now shows a UP SIDE BIAS. Currently the market has a NEUTRAL BIAS.
- AUDJPY PRICE can go to 91.14 LEVEL before UP. Then you can UP to 96.00 LEVEL. Buying AUDJPY is a bit risky if VIX is UP. Currently VIX is becoming UP. So wait until VOLATILITY RED and get the AUDJPY BUY ENTRY.
AUDJPY | New perspectiveDespite the obvious that the AUDJPY remains on the front foot around 92.55, extending the two-day uptrend; I am of the opinion that the current structure might incite a short term bearish move soon. Why? If we closely into the structure on the daily time frame, we will notice a reversal structure evolving since the price tested 95.5 area. The appearance of a lower high on the daily timeframe and multiple rejections of 92.5 level is tending toward a bearish bias. Let's see what happens in the next couple of hours!
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
AUDJPY - IS MARKET SENTMENT STILL SUPPORT TO THE AUDJPY ??- - Today we do not see such an important news for AUD or JPY as before. Because today is a holiday and today is Monday, MARKET LIQUIDITY is a very short day. GOV. There is a Bailey Speak this week. They will be very important for GBP. But today CHINESE GDP was released, it was a very good NUMBER. Maybe its advantage will come to COMMODITIES and AUD in the future.
- AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. The current SENTIMENT has a very NEUTRAL SENTIMENT. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an understanding of COMMODITIES is a must.
- AUD FEATURE was a bit UP last week after yesterday's RBA MEETING. And then it's PULLBACK again. The AUD FEATURE stands at 0.7375 LEVEL. JXY is currently RANGE a bit. According to the MARKET SENTIMENT and the AUD can be slightly STRONG again. Its price is based on AUDJPY DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK OFF status. Also the EQUITIES are turning a bit GREEM. VIX INDEXES UP UP. Also COMMODITIES now shows a UP SIDE BIAS. Currently the market has a NEUTRAL BIAS. But because of VIX UP, EQUITIES DOWN, COMMODITIES DOWN the MARKET RISK is OFF. This MARKET CONDITION status has managed to DOWN CURRENCIES AUD, NZD, GBP.
- You can go to 96.00 LEVEL before the AUDJPY PRICE is DOWN. Then you can DOWN to 89.97 LEVEL. Buying AUDJPY is a bit risky if VIX is UP. Currently VIX is becoming UP. So if you DAY TRADE to get AUDJPY BUY ENTRY from VOLATILITY RED. Pay more attention to the TREND LINE BREAKOUT. Then we can go to SELL TRADES.
AUDJPY Sell signal on overbought 1D RSIThe AUDJPY pair has given a clear medium-term bearish signal. The 1D RSI got rejected late last month within its multi-year Resistance Zone with the price initially reacting with a pull-back but has since recovered and turned neutral.
Every time that the price hit the 1D RSI Resistance Zone since 2020, it pulled-back to at least the previous Fibonacci level: In June 2020 it pulled-back to the 0.0 Fib from the 0.5 Fib, in February 2021 it pulled-back to the 0.5 and then even 0.0 Fib from the 1.0 Fib. Finally in October 2021 it pulled-back from the 1.0 Fib straight to the 0.0 Fib.
Right now, it is trading on the 1.5 Fibonacci extension level. Naturally we are expecting a pull-back on a two month horizon to the 1.0 Fib at least. A monthly candle closing below it, can even kick-start a deeper correction to the 0.5 Fib. This is a great low risk trade for swing traders.
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AUDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 | Perspective for the new weekThis is going to be a short one as the daily chart explains the interaction between the sellers and buyers in the last 10-months.
With a simple supply and demand structure identified on the daily timeframe, I am of the opinion that we might be witnessing a short term downside for the Aussie in the coming week as the JY85.600 area reflects a strong memory for selling pressure (May and October 2021).
Tendency: Downtrend (Bearish)
Structure: Supply & Demand
Observation: i. It is a wide range of consolidation phase since May 2021 as price oscillates within JY86.000 and JY78.400 (approximately 700pips in 10months)
ii. Connecting a series of prices with a line drawn above pivot highs on the monthly chart shows the prevailing direction and speed of price in the last 8 years.
iii. The supply zone appears to share a confluence with the bearish trendline identified on the monthly chart hence I shall be looking for a significant reversal structure to plan a selling opportunity in the coming week.
iv. Key level at JY85 shall be my yardstick for sell continuation... Trade consciously!😊
Trading plan: SELL confirmation with a minimum potential profit of 250 pips.
Risk/Reward : 1:6
Potential Duration: 7 to 20days
NB: This speculation might be considered to make individual decisions on the lower timeframe.
Watch this space for updates as price action is been monitored... I shall be sharing a video of how I am going to take advantage of this trade if the price goes as planned on my new jou tube channel.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
AUDJPY Triangle expected to break downwards targeting 75.110.AUDJPY has been consolidating over the past year trading within a wide Triangle, with the 1D MA100 (green trend-line) acting as the pivot. The 1W MA100 (red trend-line) has been the long-term Support since the early November 2020 bullish break-out.
Last time we saw such a wide Triangle after a multi-year rally, was from mid 2017 to early 2018. On that pattern, the Triangle broke downwards and inside a year hit both the 1.5 and 2.0 Fibonacci extensions of the last Higher Low of the Triangle. Currently those are at 75.110 and 71.400.
The most optimal strategy on this pair would be to keep an eye on the 1D MA100, below which the price is trading now. As long as it's not recovered, there will be more selling pressure towards the bottom (Higher Lows trend-line) of the pattern. If that breaks, accelerate on your selling and target 75.110.
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AUDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 BUY AFTER BREAK OUTAs i can see this pair is currently trading under a resistance as soon as it make a bullish breakout
then we will start buying til pair till design levels with a low risk and looking for a higher rewards
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