JPYAUD trade ideas
AUD Gets a Pullback . Are We just Before The Big Move up ?
AUD/JPY Analysis:
First of all, we can agree that AUD/JPY OANDA:AUDJPY is overall bullish.
However, after reaching the order block at the current levels, we might see a price retracement after a rejection. Historical performance suggests that we could experience a pullback later this week.
JPY Strength: The JPY PEPPERSTONE:JPYX seems to be gaining strength, at least for now.
Market Structure: We’ve got a swing CHoCH (Change of Character) on a higher time frame, indicating that a pullback before a continuation of the upward trend seems to be the right approach.
Gold Correlation: Gold TVC:GOLD is also at its highest, and a potential price pullback could align with the expected retracement in AUD/JPY.
Short-Term Outlook:
Short Position: In the short term, a pullback presents a good shorting opportunity for AUD/JPY.
We just got to The golden Fib level Had a Bearish Liquidity grab and got the minor reversal signal on the Oscillator Matrix. would be great to confirm the structure change on the lower Time Frame
Long-Term Outlook:
Long Position: Long term, the overall bullish trend remains intact, so longs are still the preferred direction.
For a major short, we would need to see the price reach significantly higher levels than where it is now.
AUDJPY GOING UP SOONEven though we missed it a little as you can see on our blue line, we had the correct idea ;
AUDJPY is still correcting this massive gap and getting a little lower before getting up again and reaching the blue zone.
However the ground is not super strong and it could break and become an interesting short posision.
Bullish bounce off pullback support?AUD/JPY is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance level which acts as a pullback resistance.
Pivot: 100.10
1st Support: 99.49
1st Resistance: 101.38
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 not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
BUY AUDJPYPossible movement for the next hours, even though the RSI tends to show a little downtrend for now, so not sure about this one.
However it is moving strongly in reaction to JPY and showing a will to go back up, we had it also yesterday but it got delayed because of the big fall today.
AUD/JPY Signals Bullish ContinuationHello,
AUD/JPY can be a tricky pair to trade. While it might currently seem poised for a bearish move, bullish momentum is building instead, with the price retesting the 1W Pivot Point. Further upside is expected, confirmed by 1Y-1D SMA/EMA (5-200) !
TradeWithTheTrend3344
AUDJPYWe have 4 hours of confirmation in a daily zone; I will go long, with the first profit being 1 to 3.
AUDJPY: 32m Curve AnalysisPIVOT HIGH = Resistance @ 101.662
PIVOT LOW = Support @ 100.037
⚠️ HIGH RISK SELL ORDER
(with tight stop loss)
FINAL TP @ 100.36
AUD/JPY continue with the UptrendOn AUD/JPY , it's nice to see a strong buying reaction at the price of 100.610.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
GAP + Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
AUD/JPY For Bullishyou can go long now
or
wait for entry point as pull-back and then go long
have fun :)
AUDJPY, poised for massive recovery! 1000 pip prospect.AUDJPY went on a winning spree this year, creating new ATH week after week before finally meeting a saturation point from its last peak at 109 levels.
As with any parabolic behavior, gravity must play out and it did. The pair corrected with so much weight, trimming down 1500 pips of its recent highs.
Now based on recent daily data metrics, AJ is bound for massive recovery as it is hinting reversal queues already.
Double bottom has been registered. A retraced to 78.6 fib level on its weekly metrics should warrant an upside reversal play.
Major order block at the current price zone should converge a good amount of net buyers. This key area is at the most overextended bargain area already fibwise.
Ideal Seeding opportunity at the current price.
Spotted at 95.0
Target is previous peak at 109.0
TAYOR.
buy once break 100.6230 from audjpybuy once break 100.6230 from audjpy. over all is bullish trends buy as per my plan
AUDJPY LONGAudjpy is on a strong bullish momentum, in both weekly TF & Daily TF, the correction happening right is as a result of an imbalance waiting to be filled up on H4 TF. Lets see how it goes when market opens
AUDJPY - SHORT Bearish Indicators:
1- Sereis of LH and LL
2- formatio nof shooting star and rejection from daily support level.
Entry Price - 100.598
SL - 101.202
TP1 - 99.919
TP2 - 99.249
AUDJPY FOR BUYAUDJPY
The pair has given clear signals that the upcoming trend is upward to capture the liquidity above.
AUD_JPY LOCAL LONG|
✅AUD_JPY is trading along the rising support
And as the pair will soon retest it
I am expecting the price to go up
To retest the supply levels above at 100.885
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Upward move will continue??Possible move upward. Closed NY last Friday with a bearish candle even tough
the bulls recovering some loss and showing a possible bullish momentum increase.
RSI just below 50. Wait for Monday close.
On the Fundamental side we have critical news for the AUD on Tuesday and
on Thursday for the JPY.
AUD-JPY Risky Long! Buy!
Hello,Traders!
AUD-JPY is trading along
The rising support and the
Pair is retesting it again so
We will be expecting a local
Bullish rebound on Monday
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
AUDJPY My Opinion! SELL!
My dear subscribers,
This is my opinion on the AUDJPY next move:
The instrument tests an important psychological level 101.08
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 100.37
My Stop Loss - 101.48
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
AUDJPY TODAYAUDJPY TODAY for me is long
My target is new high
SL below important bottom.
More info give me like and leave comment.
4 hour TriangleWhat we see here is formed triangle from a long correction phase, we see a pullback at the boundaries of the triangle, this is more evidence of a strong bullish impulse around the corner.
WE ONLY TRADE PULLBACKS
Lingrid | AUDJPY trend CONTINUATION opportunityThe overall market trend is bullish, and we've observed a complex pullback toward the lower channel border. On the 4H timeframe, FX:AUDJPY broke and closed above the previous higher high, reinforcing the bullish sentiment. At the support level, there was a divergence that suggests a potential upward move is on the horizon. Additionally, recently the market took liquidity below the previous low, creating a false breakout of the support level. This could signal a buildup of buying pressure, particularly as traders may have rushed to sell on the breakout, only to find that the market is still maintaining its bullish structure. Looking ahead, if the price holds above the support level and the divergence continues to play out, we could see a strong upward movement as the market attempts to continue its bullish trend. My goal is resistance zone around 101.130
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
