AUD-JPY is about to retest A falling resistance line And after that a local Pullback is likely to happen
#AUDJPY These days, AUDJPY is slightly UP due to MARKET RISK ON. In recent days, JPY became somewhat STRONG because of the BOJ INTERVENTION and the drop in US INFLATION. Even now, we see that the MARKET has somewhat MARKET RISK OFF. We expect AUDJPY to RETRACE to higher resistance. Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up,...
The price formed a bearish flag, broke out at the lowest trend line, thus forming a bear trap. I am anticipating that the price will continue with the bullish momentum. My entry position is at 92.1 just above the previous HH( I am using the pullback strategy for my trade). My stop loss is at 91.1, at the end of the bullish engulfing candle of the trend. My...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Price gave us a bullish impulse, after an impulse we expect a correction and price continuation
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:AUDJPY We can see formation of falling battern So we...
Hello traders! ⁉️This is my analysis on AUDJPY . Here we are in a bearish market structure, so I am looking only for shorts. I expect price to fill the imbalance and to reject from bearish orderblock + institutional big figure 94.000. Like, comment and subscribe to be in touch with my content!
Hello traders! ⁉️This is my analysis on AUDJPY. Here we are in a bullish market structure from a higher timeframe perspective, so I am looking only for longs. I expect price to continue the retracement and if price fills the imbalanc below and rejects from bullish orderblock + institutional big figure 91.000 I will open a long position. Pay attention on news...
AUD-JPY broke the rising support And we are now bearish biased So we will be expecting A move down after the retest Of the broken line AT 97.268
AUD-JPY has retested the horizontal Resistance level at 95.315 and the price action is looking bearish So I am somewhat bearish biased And I think we will see a move down towards the target below
Relevant market risks I have on my radar (it's obviously not a comprehensive list and mostly unchanged from last week): Europe: huge uncertainty regarding future of gas flows from Russia; an unexpected resolution of the conflict seems very unlikely, but it could escalate on multiple fronts (gas, energy, militarily) very quickly UK: don't have a clear idea about...
After the high made on the 20th of March started to correct, this correction continued into May and on the 17th of May, we have a bottom and reversal. Yesterday the pair has broken above an important confluence resistance and at this point, we can consider that the pair is resuming its long-term uptrend. 91 zone should provide support now and in this zone, traders...
AUDJPY is forming a contracting triangle. Price had completed the (D) wave, and I have given the short-term selling targets of wave (E) of wave ((4)). In my previous article, I have mentioned that "Wave (E) can complete between 0.618 to 0.786% Fibonacci levels. That's why a trader can expect the following targets for wave (E) 83.44-82.50-81.03 as targets...
AUD-JPY broke the key horizontal level Which is now a resistance A head and shoulders pattern has been formed Which makes me bearish on the pair After retesting 90.452 areas And I think that it will fall further down Onto the target level below
AUD-JPY will soon retest horizontal resistance level at 85.17after forming a descending harmonic pattern Which makes it trend downward So I expect a drop from the current levels Towards the level of demand below
#AUDJPY Market is moving in ascending channel. Currently rejected from resistance, as well as RSI show market is over-bought so i am looking for a good sell.
** AUDJPY hrly short** shortstop @ 82.087 TP #1 @ 81.748 80.85% wr TP #2 @ 81.430 56.81% wr SL @ swing high 83.378 14.89% hr if you want to see more trades, view my profile on tradingview or visit bifrosttrades
AUDJPY has found the short term bottom and is expecting to be bounce from here. A bounce to the near falling trendline is expected and if it manages to break then we have good upside targets. Trade your levels accordingly.