Get started

Aujpy

AUDJPY 4hour Analysis September 12th, 2021AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We’re seeing some strong bearish volume stepping in here and we officially have a 4hour transition with the confirmation of a lower high. From here we’re looking for support at 80.750 to break with a lower high below. We have a lot of room to fall if this level breaks so be patient. Trade scenario 2: For us to consider AJ bullish we would ideally need to see a higher low above 81.400 with strong bullish setups.
Short
by ForexLeague
AUDJPY Outlook for next weekA bullish hammer is forming with the trend, appears any lower prices are being rejected. My first TP (83.00) is within reach but may not be reached today. I think next week we will see price breakthrough the immediate resistance at 83.00 area and head higher, hopefully it will retest that 83.00 level and with price action confirmation I will enter a new long position there. In a perfect world I see price going all the way up 84.4 which is a major level that has acted as both support and resistance all the way back to May '17, what happens at that area whos knows, cross that bridge when we get there. If anybody has a better idea let me know because I hate losing money.
Long
by TheAlaskanTrader