Hey Traders, in the coming week we are monitoring AUDJPY for a buying opportunity around 91.700 zone, AUDJPY was trading in a downtrend and successfully managed to break it out. Currently AUDJPY is in a correction phase in which it is approaching the retrace zone at 91.700 support zone. Fundamentally with current inflation issues in Australia further rate hikes...
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...
AUDJPY has now had two rejections in less than a week on the 1D MA200, which is also at the top of the six month Channel Down pattern. The 1D technicals have already turned neutral (RSI = 50.136, MACD = 0.500, ADX = 19.362), the 1D RSI has been trading sideways inside a Rectangle while the price was on HH/ HL, which indicates a Bearish Divergence and the...
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. 👈👈👈 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💛💛
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💛💛
Wait price rich to buy zone and open LONG position on AUD/JPY pair
I posted about AUDJPY before and I’m a show in this chart because it has been performing expected. Currently it seems that it is having a retracement and may try to break above the resistance level/ double top that it created. However, it is not clear that it will keep the clean structure that he has right now. Manage risk is a top priority I will keep updating....
Today we say the break above the downtrend trendline, and this is after the uptrend trendline has been respected. HH and HL pattern validates an uptrend and we should continue the price journey north. A little pullback is healthy, and this is where we'll go for our long position.
AUDJPY - 24h expiry The downward trending resistance line at 91.30 should provide the ideal target and fade level as medium term bears build positions into the current strength. Previous support level of 90.50 broken. The trend of higher intraday lows has also been broken. Further downside is expected. Risk/Reward would be poor to call a sell from current...
Weekly Forex Forecast (May 15 - May 19) AUD/JPY - H4 Chart - Triangle Breakout Rules : 1. Price need to retest and strong Bull back with volume 2. 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...
Hey Traders, in the coming week we are monitoring AUDJPY for a selling opportunity around 92 zone, AUDJPY is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 92 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDJPY for a selling opportunity around 89.800 zone, AUDJPY is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 89.800 Resistance zone. Trade safe, Joe.
AUDJPY - 24h expiry - Previous support located at 90.50. Previous resistance located at 91.00. There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels....
AUDJPY continues to trade inside a Channel Down, testing today the 1D MA50 after a continuous 1 month counter trend rise. For the time being this is rise similar to the one that was completed on February 14th and made the latest Lower High on the Channe Down. The ideal short entry is between R1 and the 1D MA200. We set a long term target on AUDJPY on the bottom...
We have achieved our goal this week. Wait for me next week to get a lot of money. Do not forget to check my page in order to make sure of the strength of my analysis, knowing that we enter our deal with great profit and very little risk.
The AUDJPY pair is trading inside Channel Down pattern since the September 13 2022 High that is diverging some (dotted lines) to the 1D MA200 (orange trend-line). At the moment the price is ranged within the 1D MA50 (blue trend-line) and 1W MA100 (red trend-line). Having previously broke below the 1W MA100, the current level is an ideal sell entry and with the 1D...
We have shoulder&head should be form And change of character then Break of structura and we have Demand So i devise you bouying
AUDJPY - 24h expiry - The medium term bias remains bearish. In line with the possible early stages of a head & shoulders pattern and the strong rejection of gains, we look to set shorts in anticipation of a swing lower. Neckline support is 89.40. Bespoke resistance is located at 89.92. Preferred trade is to sell into rallies. We look to Sell at 89.92...