AUDJPY at Key Resistance Level: Will it Drop To 92.850?OANDA:AUDJPY is approaching a key resistance level that has previously acted as a strong barrier, triggering bearish momentum in the past. Given its historical significance, how price reacts here could set the tone for the next move.
If bearish signals emerge, such as rejection wicks, bearish cand
About Australian Dollar / Japanese Yen
This pair is the Australian Dollar against the Japanese Yen. In regards to U.S. equities on a short to medium term basis, it is often one of the most highly correlated pairs to price action. The pair tends to decline is a risk off approach and rise in a low risk environment on carry flows.
AUDJPY: Key Resistance Ahead 🇦🇺🇯🇵
AUDJPY is approaching an important resistance cluster on a daily.
The price formed a cup and handle pattern on that on an hourly.
Its neckline has just been broken.
I expect a pullback at least to 92.55 level.
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AUDJPY Buyers In Panic! SELL!
My dear subscribers,
AUDJPY looks like it will make a good move, and here are the details:
The market is trading on 93.104 pivot level.
Bias - Bearish
My Stop Loss - 94.128
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 91.339
About
Bullish continuation?AUD/JPY is falling towards the pivot which is an overlap support and could bounce to the 1st resistance.
Pivot: 92.12
1st Support: 90.68
1st Resistance: 94.59
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to
Potential bearish drop off pullback resistance?AUD/JPY is reacting off the resistance level which is a pullback resistance that lines up with the 161.8% Fibonacci extension and the 100% Fibonacci projection and could drop from this level to our take profit.
Entry: 93.33
Why we like it:
There is a pullback resistance level that aligns with the 1
Potential bullish rise?AUD/JPY has reacted off the pivot and could rise to the 1st resistance.
Pivot: 92.12
1st Support: 90.68
1st Resistance: 95.35
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may
AUDJPY Technical & Order Flow AnalysisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view, the price will fall to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that
AUDJPY SHORT FORECAST Q2 W19 D7 Y25AUDJPY SHORT FORECAST Q2 W19 D7 Y25
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Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The value of the AUDJPY pair is quoted as 1 AUD per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 AUD.
AUDJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade AUDJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.