The combination of several reasons mentioned in the chart can be a good reason for the strength of the 95,000 range.
If the bears have enough strength to break below 91.800, the chances of a return from 95.00 will be higher.
Don't forget to check the news and risk and capital management
Last week we saw AUD/JPY roll over nicely from a key resistance zone, yet its fast turnaround from the 200-day EMA now has a potential bullish breakout on our radar.
A bullish pinbar formed on Friday after prices fell through our bearish target before closing above the 100-day EMA, then breaking above the 50 and 20-day EMAs on Monday. Prices are holding around...
Australian Dollar Japanese Yen traded at 94.2260 this Tuesday June 13th, increasing 0.0160 or 0.02 percent since the previous trading session. Looking back, over the last four weeks, AUDJPY gained 3.35 percent. Over the last 12 months, its price rose by 1.26 percent. Looking ahead, we forecast Australian Dollar Japanese Yen to be priced at 93.7636 by the end of...
hello freinds
this chart we shows that this market will know an up trend on next hours when i recommend buying with a fort probability if you want more informations please see the chart
GOOD LUCK
Trading Setup:
A Trading Signal is seen in the FX:AUDJPY AUDJPY Currency Pair.
Traders can open their Sell Trades NOW
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss....
after a very strong uptrend price has been pulling back in an downward channel. a break and close above resistance would likely see the trend continue upward.
AUDJPY - 24h expiry
The move lower is mixed and volatile, common in corrective sequences.
The previous low is located at 95.80.
The current move lower is expected to continue.
A move through 95.80 will confirm the bearish momentum.
Short term RSI has turned negative.
We look to Sell a break of 95.77 (stop at 96.27)
Our profit targets will be 94.57 and...
Hey Traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 95.750 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 95.750 zone.
Trade safe, Joe.
AUDJPY - 24h expiry
Previous support located at 96.50.
Previous resistance located at 97.00.
There is no clear indication that the upward move is coming to an end.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
We look to Buy at 96.00 (stop at 95.50)
Our profit targets will be 97.20 and 97.45
Resistance: 97.00...
A traders’ week ahead playbook: the BoE and Powell take centre stage
The UK gets close attention this week, where we get CPI (21/6 at 4 pm AEST) and the BoE meeting (22/6 at 21:00 AEST). The BoE will almost certainly hike by 25bp, but the move in the GBP comes from the tone of the statement vs the 34bp of hikes priced for the August meeting. GBPUSD is testing...
AUDJPY - Intraday
Previous support is located at 91.50.
Previous resistance located at 92.00.
The trend of lower intraday highs at 92.00 needs to be broken to confirm a reversal.
Risk/Reward would be poor to call a buy from current levels.
The RSI is trending higher.
We look to Buy at 91.25 (stop at 90.90)
Our profit targets will be 92.15 and 92.25...
Sell AUDJPY Channel Breakout
AUD/JPY - M30 Channel Breakout
now this good chance to sell
Always wait for strong Conformation in Short term for entry. 👈👈👈
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“Markets are never wrong, but opinions often are.”-Jesse Livermore
Good Luck💛💛
Weekly Forex Forecast (May 29 - June 2)
AUD/JPY - H4 Chart - must need to break channel
Always wait for strong Conformation in Short term for entry. 👈👈👈
If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚
“Markets are never wrong, but opinions often are.”-Jesse Livermore
Good Luck💛💛
A 3-wave rally has stalled at the 200-day EMA with a bearish Pinbar. This begs the question as to whether we've seen the end of an ABC correction and the cross is to now break to new lows.
Perhaps. But over the near-term, yen strength is favoured due to sticky inflation data from Japan, rumours that the BOJ are considering tweaking their YCC band later this year...
Hey Traders, in today's trading session we are monitoring AUDJPY for a selling opportunity around 91.400 zone, AUDJPY is trading in a downtrend and now seems to be in a correction phase in which extending pullbacks are approaching the major trend around 91 resistance area. i would consider the descending channel support area as a target once bears are...
AUDJPY shows a 5 swing bearish sequence from September 2022 peak favoring further downside. Cycle from 2.15.2023 high is currently in progress as a 5 waves impulse Elliott Wave structure. This cycle is mature and expected to end soon. Down from 2.15.2023 high, wave 1 ended at 91.91 and rally in wave 2 ended at 93. Pair then resumes lower again in wave 3 towards...
