✅AUD_JPY WILL KEEP GROWING|LONG🚀
✅AUD_JPY is trading in a
Long-term uptrend along the
Rising support and after the
Pair retests it I will be
Expecting a swing move up
LONG🚀
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AUDJPY trade ideas
Bullish Setup Awaiting Entry TriggerWe've got OANDA:AUDJPY on the radar for a bullish move, following the higher timeframe's uptrend. The price has been teasing us, inching close to our entry point but not quite making it there—yet we remain on standby for the action to kick in.
Trade Plan:
Entry Point: We're lined up for the entry at the 0.75 Fibonacci level, which is sitting at 97.439. It's the sweet spot that we're looking to engage in, considering the significant reactions this level has seen in the past.
Stop Loss: To secure our position, the stop loss is set below the recent swing low at 96.80. It gives us the buffer we need against market noise while ensuring we're out if the tide turns against us.
Profit Targets: Our eyes are on the prize at the 0 level of 99.057, with intermediate checkpoints along the way. We're banking on the bullish momentum to carry us through, with the MFI hovering above 50, hinting at a buildup of buying pressure.
The bearish money flow observed recently might have some questioning the move, but the MFI's position suggests we're still in a zone where bulls could take over. We've made profits at this entry point before, and with patience, we're expecting the larger move to unfold.
Remember, the key is to let the trade come to us. Let's keep our discipline, manage our risk, and prepare to ride the bullish wave that aligns with the larger trend.
AUD JPY Bullish trend in light of Dow theoryAudjpy shows an uptrend on the 4 hr time frame and printing HH and HLs.
AUDJPY A short-term sell bias, ⚠️Word of Caution⚠️ setting the buy and sell position tools or drawing of direction lines on my chart doesn't mean I opened a position already or fixated on that certain bias, flexibility is also important, it just a forecast,i don't just trade when price hits my levels, I've got rules of engagement. The most important thing of all is 🆘RISK MANAGEMENT🆘.
AUDJPY: Potential Drop to 96.500Technical analysis is not 100% accurate and there is always a risk of error.
Do your own research and consult with a qualified financial analyst before making any investment decisions.
AUDJPYFX:AUDJPY
AUDJPY has been moving sideways within range on the 4-hour time frame over the past few days. The most recent upward movement reached a double top before being met with resistance, causing the price to fall and test the 38.2 FIB level. This level is a significant structural support level as all previous price rejections have occurred at this point. If this support level holds, we may see the price retesting the .50 or 61.8 level before the downtrend resumes. This suggests that the bulls may be able to regain control and push the price higher, but the bears will likely attempt to drive the price lower after the retracement.
Alternative Scenario:
The current market conditions suggest that the bearish momentum is gaining strength. As a result, it is possible that the 38.2 level could be broken without a retest of the 0.50 level. This scenario could indicate a potential shift in market sentiment and could lead to further downward movement in the near future. It is important to monitor the market closely and take appropriate action to manage any associated risks.
Bullish Outlook for AUDJPY Amidst Support LevelsHello Everyone,
The weekly support for AUDJPY has demonstrated resilience, and the current price sits within the daily support area but remains below the weekly and daily pivot points. Given this setup, a bullish continuation is anticipated.
TradeWithTheTrend3344
AUDJPY ANALYSISHello traders here is an analysis of AUDJPY for the coming weeks, what I have noticed in this market is that the price formed a rising wedge pattern that signals a bullish move but now after giving it some time and thoughts the price can go either way because you can see that it has been creating support and resistance and you can see it respect those zone so now I will wait for the price to break one of the zones then retest it then I will look for the opportunities that the market will present to me. What's your take on this one?
AUD/JPY may rise 31 - 45 pipsOur pivot point stands at 97.67.
Our preference
The upside prevails as long as 97.67 is support.
Alternative scenario
The downside breakout of 97.67 would call for 97.43 and 97.29.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97.84 and 97.83).
Supports and resistances
98.65 **
98.50 *
98.36 **
98.22
97.91 last
97.77
97.67 **
97.43 *
97.29 **
Number of asterisks represents the strength of support and resistance levels.
HIGH PROBABILITY SELL TRADE ON AUDJPYAs we can see AUDJPY is forming a descending channel and currently it is at the resistance trendline and has formed a double top pattern so we can plan short trade for the continuation to the downside.
audjpy daily outlookI got this chart like it is going to complete a wadge pattern probably. now I can say it's a valid pattern in terms of a minimum 4 touches...but of course, it is not the complete confirmation you have to wait for less momentum if you see that pattern which can give a sell signal. then you have to wait for a valid breakout.
Reminder:- keep in mind that no matter how good your signal or A+ setup...anything can happen market has the right to go against your analysis or your position.... That is why risk management is the main protector of you and your account. thank you
Aud/jpy short re-entry 14/03Price moved up from 618 resistance into 764 fib and 4hr fvg. Formed resistance here, expecting the 4hr high to be maintained and price to move down. Talks of japan ending negative rates next week. Anticipating jpy pairs to price in this hawkish policy.
AUD/JPY H4 | Bearish momentumAUD/JPY has reversed off a pullback resistance and could potentially drop lower from here.
Sell entry is at market (97.359).
Stop loss is at 97.850 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at 96.896 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level.
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AUD/JPY Opportunity? BOJ and RBA announce decisions together Is the AUD/JPY the trade to make at the beginning of the coming week?
Both the BoJ and the RBA are delivering their latest interest rate decisions on Monday morning, 30 minutes from each other.
The Bank of Japan is up first, at 11:00 pm on Monday (US time UTC –4). The Reserve Bank of Australia follow at 11:30 pm.
What's expected from each bank?
According to sources quoted by Reuters, the Bank of Japan is leaning toward exiting negative rates this month. This is something that would really be a huge shock to the market. It would be the year's story, but do most traders believe this is possible, or is April the more likely timeline? Even a hint of an April rate hike could be a huge event in the market.
From the RBA, traders might be looking for a rate cut, but won't likely get it. An argument on the side of a rate cut involves the RBA getting nervous about what the Wall Street Journal calls a “Deepening Property Crisis of its Own Making”. Sarah Hunter, the Assistant Governor of the RBA, addressed the economic and inflation forecast during a panel discussion at the AFR Business Summit on Tuesday, stating that “Households are clearly struggling at present.”
AUDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Up till $98.32Hello Guys,
As per my analysis, duo to SK system the price have reverted to the golden zone and then going up to the last highest prices, this price have been retested as well.
Buy AUD/JPY @ 97.7
TP 1: 97.89
TP 2: 98.12
TP 3: 98.32
SL: 97.2
Follow me if you like my analysis.
AUD/JPY H4 | Strong bullish momentumAUD/JPY is showing a strong bullish momentum and could make a continuation towards our take-profit target.
Entry: 97.692
Why we like it:
There is a strong bullish momentum
Stop Loss: 97.237
Why we like it:
There is a pullback support level
Take Profit: 98.132
Why we like it:
There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Lingrid | AUDJPY bullish MARKET. LongThe price perfectly fulfills my last idea. The market moved upward and hit the target. FX:AUDJPY fell from resistance, tested the support level, and bounced off it. Currently, the market is in a downward channel, and I think it will break it and go up because the main trend is bullish. It got back to above the 97.500 level after taking liquidity below. I expect a pullback to support level, then upward towards the channel border. My goal is the resistance at 97.980
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
