AUDJPY: Bearish Wave Poised for Targets around 98.77Hello Traders,
Trust trading has been awesome.
Find below my analysis of AUDJPY currency pair.
Current Price: 99.738
The pair shows bearish sentiment across the H4, H1, and M30 timeframes, with a downward trend firmly established (as price keeps making lower highs and lower lows). Momentum indicators suggest strong bearish pressure; however, the price is currently consolidating within a narrow range, limiting immediate directional movement.
Bias: Bearish, as long as the price remains below the key resistance level at 99.997, and we see a breakout of the consolidation range (Squeeze).
Targets
First Target: 98.770
Second Target: 98.108
Ultimate Target: 97.816
This bearish outlook is further supported by Elliott Wave analysis, with the potential for a downward move fulfilling the Wave 5 projection of the current impulsive wave, provided the price stays below 100.048.
AUDJPY trade ideas
AUDJPY: Bullish Continuation & Long Signal
AUDJPY
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long AUDJPY
Entry Point - 99.401
Stop Loss - 98.887
Take Profit - 100.32
Our Risk - 1%
Start protection of your profits from lower levels
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Bearish drop?AUD/JPY is rising towards the pivot which lines up with the 61.8% Fibonacci retracement and could drop to the 1st support which acts as a pullback support.
Pivot: 100.20
1st Support: 99.09
1st Resistance: 100.86
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Risk could plunge in 2025 if AUD/JPY clues are correctAUD/JPY is a classic barometer of risk. So I find it quite interesting to see that price action clues on the monthly chart are not too dissimilar to what we saw ahead of the GFC high in 2007. And if AUD/JPY plunges, the chances are it means global markets will also be in turmoil.
MS.
AUD/JPY Clear breakthrough, trend trading.Hi guys, we are coming up with yet another fantastic opportunity, which we will express our attention onto Resistance and Support line. The AUD/JPY has been trading in a very tight range since the beginning of October up until now. There is an extremely strong resistance line which has been physically broken once sitting above the level of 101.700 , in between that time the pair has been trading just below the Resistance of 101.600 to it's lower end at the support of 99.778. For now my analysis would be targeting the lower end of 99.700 to 99.800 level and then for us to see another retest towards the two goals which I have set up as follows
As a pending order - BUY LIMIT at level of 99.778 with following take profits -
Take profit 1 : 101.161
Take profit 2 : 101.673
Enjoy this fantastic analysis which has brought me a lot of success the past two months, hence the fact that it was trading in a very obvious range and allowed for very easy entries to follow up and catch quite a few good pips of movement.
AUD/JPY may rise 61 - 88 pipsOur pivot point stands at 100.15.
Our preference
Our next up target stands at 101.51.
Alternative scenario
The downside breakout of 100.15 would call for 99.70 and 99.43.
Comment
The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 100.44 and 100.52).
Supports and resistances
102.05 **
101.78 *
101.51 **
101.24
100.63 last
100.32
100.15 **
99.70 *
99.43 **
Number of asterisks represents the strength of support and resistance levels.
AUDJPY may fall from the bearish order block.Bearish Momentum Expected from the BEARISH ORDER BLOCK
Bearish Order Block: 100.805 - 100.644
The market is currently in a downtrend, with bearish order blocks forming frequently—indicating strong selling pressure. A significant bearish order block has been identified between 100.805 and 100.644, making it a key zone to watch. For those looking to capitalize on this trend, it’s advisable to wait for the price to retrace and touch this order block before entering short positions.
This setup aligns with the overall market direction and has a high probability of success based on Smart Money Concepts (SMC). Let’s see how the price unfolds from this level, as there’s a strong chance this trade could end in profits. Stay patient and disciplined for the best entries!
AUDJPY / SHORT / M15
LOT :- 0.3
Entry Price :- 100.639
Take Profit :- 100.355
Stop Loss :- 100.923
#AUDJPY 1H timeframe Elliott wave analysisAs shown in the chart, we could be observing a 1-2, 1-2 setup in the Elliott Wave count, indicating a potentially significant bullish opportunity.
However, it is crucial to wait for clear price confirmation before entering any positions.
Thank you in advance for your support!
AUDJPY Popping now. Bears OB to Bulls OB. Further higher prices.
Heres another one primed to move higher following a retracement down during Thursday. I thought it might move lower further to near the Order block below.
Price recently has moved upwards against JPY.
It would breakout possibly today on a move above 101.50
AUDJPY SELL SHORT SCALP AUD/JPY is forming lower highs and lower lows on the 5-minute chart, confirming bearish momentum. The price has just broken below a key support level, retesting it as resistance with a bearish rejection candle. Entering a short scalp targeting the next support zone, with a stop loss just above the rejection candle's high, aligns with the trend
Buy AUD/JPY Bullish ChannelThe AUD/JPY pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 101.04, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 101.94
2nd Support – 102.54
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
AUDJPY - LongInflation data tomorrow. Rumours of rates hike but nothing confirmed yet. You’d expect hawkish language but still some reluctance.
Given the word being on fire, I don’t see JPY rushing to make big policy changes.
Aud commodities support strength there too…
I’m in, long. Against popular opinion but they are the best trades.
SL set at 100.5 with a 1% Risk Rating.
What does everyone think?
AUD/JPY: Potential Retest Setup for a Bearish Move Watching for a retracement into the highlighted resistance zone (~100.387) before considering a bearish continuation. This setup aligns with the current market structure and offers an opportunity to join the trend if conditions are met.
📉 Key Observations:
Recent break below support turned the zone into potential resistance.
Anticipating a retest in this area to confirm rejection before any short entry.
The overall market structure remains bearish with lower highs and lower lows.
🎯 Plan:
Wait for price to retest and reject the resistance zone.
First target: 98.053, the next significant support level.
Stop-loss: Above 101.250 to allow for potential volatility.
🧠 Entry Psychology Tip: "Be okay with missing the trade if it doesn’t meet your plan." 📌 Letting the market prove itself before entering builds confidence in your setup and keeps you disciplined. Stay focused on execution, not on the outcome.
Lingrid | AUDJPY in CONSOLIDATION zone. Potential SHORT The price perfectly fulfilled my last idea. It reached the target zone. FX:AUDJPY has broken and closed above the channel, but the overall market trend remains sideways. The price is approaching a level where it tanked from this resistance, indicating that bears may be active in this zone. If the price rejects the resistance and upward trendline, we can expect price to fall again. Given the current sideways movement, I expect the market to potentially bounce off the top of the range and subsequently move toward the channel border. My goal is support zone around 100.750
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻