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JPYAUD

AUDJPY | COULD BE A GOOD REVERSAL BUY? Hey Traders! AUDJPY - although its definitely trending to the downside, I feel we might have a push to the upside due to it sitting on 50 daily moving average, while also sitting on a strong monthly support pivot point. I highly doubt its going to break it easily and this makes for a great trading opportunity, AUD is currently being bought by hedge funds while jpy is being sold off. Since we are going against the trend, your risk management plan should be tight and a lower lot size is recommended.
Long
by FX-TradingLions
JPYAUD, Next Crucial Fractal-Setup, BEAR-Wave Accelerations!Hello There! Within the forex market, I have spotted important bearish setups within the current market developments. One of them is JPYAUD because this pair remained in a steady downtrend for a very long period of time. Such long-lasting downtrends are not trends that reverse from one day to the other. Also, I have spotted the underlying fractal formations, bearish formations, and upcoming bearish determinations that are preeminently important for JPYAUD. As when looking at my chart now JPYAUD has formed this enormous gigantic bearish descending channel formation in which it has the main upper resistance channel from where it already pulled back off the upper boundary and especially within the past pullback JPYAUD formed a main fractal from A to D before this pullback increased with the severe bearish momentum accelerations towards the downside. Exactly, the same fractal is completed again. With the breakout below the fractal channel boundary and the pullbacks off the EMAs JPYAUD has formed severe resistance levels within the range from where further pullbacks are more than not unlikely. This means that the path for JPYAUD is towards the bearish directions with an elevated determined bearish pace as JPYAUD already activated the bearish target zones. Also, JPYAUD with the breakout and pullback in the range is now forming the main wave C downtrend extension. Below these main resistance levels, JPYAUD is now forming this bearish flag continuation setup that is actually setting up the next bearish wave momentum to accelerate in the near term. The first target of the currently preceeding bear breakout is within the 0.0101 level and once this level has been reached the next target is within the 0.0098 level. Especially, once this final target zone has been reached the momentum needs to be measured as JPYAUD may just continue with the bearish acceleration below the target zones. Thank you everybody for watching my idea about JPYAUD. Support from your side is greatly appreciated. "For those properly prepared, the bear market is not only a calamity but an opportunity." VP
by VincePrince
14
JPYAUD, Trading In Descending Channel, Important Levels! Hello Traders Investors And Community, we are looking at JPYAUD 4-hour timeframe perspective, the recent events, the current formational structure, what to expect the next times and how to enter possible upcoming confirmations showing up in the structure, in this case, I detected the important levels and likely outcomes we can expect with JPYAUD here to anticipate the further outcomes and destiny. Looking at my chart, you can watch there the huge descending-channel-formation JPYAUD is trading in marked with the blue upper and lower boundary, which were already touched several times. Furthermore, there is this wave-count building in the channel currently forming the minor wave d of the major wave E as it is marked in my chart, this wave-count will end when both the minor and major wave E come to an end in the back-up-cluster marked in blue in my chart which is crucial for the further continuation, in this case, it is important that JPYAUD bounces in this level as it is marked, when this does not happen bearish pressure can increase when falling below the support, when the prcie manages to bounce in this support cluster the descending-channel-formation can be confirmed with a decisive move above the upper boundary which will confirm further bullish movements and can be traded with proper entry after pull-back. As the wave-count is coming to an end and such descending-channel-formation normally confirms to the upside sooner or later the bullish continuation above the upper boundary has a solid possibility to come up with, the only thing which can invalidate this scenario is bearish volatility increase below the lower boundary however as the wave-count is ending this scenario is more unlikely than the bullish one. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
3
💵Australian Dollar/Japanese Yen💵Analyze (01/19/2023)!!!The Australian Dollar/Japanese Yen is enclosed between two zones of resistance and support and the line of the downtrend and uptrend lines. The Australian Dollar/Japanese Yen has reacted well every time it hits the downtrend and uptrend lines in the support and resistance zones. This time, the Australian Dollar/Japanese Yen was able to make a 🌅Morning Star Candlestick Pattern🌅 on the uptrend line too, and I expect the Australian Dollar/Japanese Yen to rise to the resistance zone again. We can also see Regular Divergence(RD+) between the price and RSI indicator. 🔅Australian Dollar/Japanese Yen Analyze ( AUDJPY ) Daily Timeframe⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
6
💵Australian Dollar/Japanese Yen💵Analyze (9/28/2022)!!!Australian Dollar/Japanese Yen is making Expanding Flat(3-3-5), and now it is running in microwave 3 of main wave C. I expect Australian Dollar/Japanese goes down to the target that I showed you in my chart. 🔅Australian Dollar/Japanese Yen Analyze (AUDJPY) Daily Timeframe⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
4
Recovering JPYAUD within a bearish marketThis pair is quite interesting, actually. We are and have been dropping for some time with this one, yet it appears that we are due for "X" Wave, which is a correction within a correction. This means we should temporarily go up, if I am right. I have outlined Fibonacci goals in green. This is a hobby to share my ideas with you, so do not take anything I ever say for financial advice. I suggest you learn Elliot Waves and TA by yourself. In my experience Elliott Waves in combination with Fibonacci Retracements/Projections/Time and a momentum indicator of some kind gives results I am ultimately extremely happy with.
Long
by Rykin_Capital
JPYAUD, Resistance Above, Possible Dobble Top Forming! Hello, Traders Investors And Community, welcome this analysis about the current situation in the JPYAUD and what we can expect the next hours and days. There are some important issues we can see currently and will affect the price in the next time. JPYAUD had a strong bullish run from 60 to 70, both are important psychological levels where we can expect a reversal to the up or downside. We are looking at the local 4-hour timeframe. As you can see in my chart JPYAUD is building a possible dobble top with the first top already realized with the strong resistance at the 70 levels where we had this bearish move and forming the neckline of the overall possible dobble top formation. At the moment we see an amazing similarly in the price structure seen at forming the first top. The importance here is that we first touched the 400-EMA in orange before finally going down and closing below the 300-EMA to form the likely neckline at 67.65, there is a high likelihood given that we confirm this scenario again to form the second top. When we confirm the second top to the downside as seen in my chart the overall dobble top formation will only be fully confirmed when we cross the neckline to the downside and confirm it as the solid resistance in that structure otherwise we can still confirm the neckline as local support and from there move higher with the underlying bullish trend. When we cross the neckline and confirm it to the downside the minimum target at 65.1 you can see in my chart marked in orange will be realized. Overall we can point out that JPYAUD is still in a correction phase which does not end so far. Yes, we had a strong up-move from 60 to 70 but this movie is in correction currently, therefore, the dobble top scenario gets validated. After we completed the correction there is still potential to move higher for JPYAUD but this scenario has to be confirmed properly. This is what wise traders should always do in today's markets, to wait for the proper confirmation before rushing into a bad trade, and depending on mere speculation we see too often in this market-environment. Thanks for watching, support for more market insight, and a good weekend, everybody! ;) Astonishment is the basis of reverence. In this manner: FAREWELL Information provided is for educational purposes only and should not be used to take action in the markets.
by VincePrince
12
JAPANESE YEN / AUSTRALIAN DOLLAR (JPYAUD) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
by Dinjin
JAPANESE YEN / AUSTRALIAN DOLLAR (JPYAUD) WeeklyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
by Dinjin
JAPANESE YEN / AUSTRALIAN DOLLAR (JPYAUD) MonthlyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
by Dinjin
1