AUDJPY
AUDJPY - Bullish Tomorrow When Market Open?OANDA:AUDJPY
Looking at the AUDJPY chart and market structure on daily and weekly, I see clear signs that it will buy for this new trading week we are entering to.
Price took out sell-stops at old lows taking out buyers.
Price then proceeds further down to grab liquidity at the old swing high below, which is a breaker block.
Price reacts to the old high, closing far above it and above the fair value gap above it.
Price has clearly shown its hand that it's now ready to move higher for the new trading week.
We have a fair value gap and old highs above serving as our draw on liquidity.
Hence, I expect price to be bullish when the market opens for the new trading week.
AUDJPY Short GemLast week I was looking to get involved with this FX:AUDJPY short opportunity. My higher time frame perspective seemed to be in line with the market structure but I didn't quite get the reading on the lower time frames...
On the 1h, price was making a series of higher highs and higher lows, seemingly pulling back towards the 4h supply zone. Following the second retest of price into this macro zone, then a liquidation of the previous high and multiple bearish breaks of structure, I dropped to the ltfs to spot my entry.
s3.tradingview.com
After ranging within supply, there was a clear bearish impulse (change of character) leading to multiple breaks of structure. I set my sell limit orders in the region where this impulsive leg originated from, however price didn't quite reach that level and my entries weren't tagged on this occasion. Price dropped rapidly during New York. Can't catch them all.
Black Out
AUD/JPY set to break to new highs?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 trend resistance ahead of today's RBA meeting, where economists favour a 25bp hike yet money markets have priced in a pause.
A hawkish meeting could send prices above 96, whilst a pause could see an initial pullback. IN which case, we'd like to see evidence of a swing low above or around Friday's high or the 20-day EMA, in anticipation of an eventual break above 96.
AUD JPY SHORTRisk 0.5%
TP1 = 1:2.6 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
AUD/JPY The Target Is UP! BUY!
My dear friends ,
AUD/JPY looks like it will make a good move, and here are the details:
The asset is approaching an important pivot point 95.588
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 96.307
Safe Stop Loss - 95.183
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
AUDJPY - Could The JPY Be Getting Stronger?Analysis:
Bearish Confluence Factors
In a downwards trend
Break and retest of a previous area of support for resistance
Downwards trendline touch
Increase of 2K short positions for the AUD
Decrease of 12K short positions for the JPY
Bullish Confluence Factors
AUD is the 7th strongest major currency where as the JPY is the 8th strongest major currency
Stay Safe - The JPI Team
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
AUDJPY Will Move Higher! Buy!
Here is our detailed technical review for AUDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 95.135.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 97.712 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
AUDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
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 :-)
AUDJPY - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on AUDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 95.000.
Like, comment and subscribe to be in touch with my content!
AUD/JPY: Swing trade short below historical resistance zoneA 2-bar bearish reversal pattern has formed at a historical resistance zone just below 96. Prior breaks above it in June and September failed last year. On both occasions the market fell near the 91 area before retesting the resistance zone, and in October we saw prices accelerate lower.
What could trigger such a move this time around? Whilst nobody is expecting the BOJ to change policy tomorrow, that doesn’t mean we shouldn’t disregard its potential. And that would likely be a very strong reaction for the yen to send AUD/JPY lower. However, a more likely scenario is that the BOJ upgrade their inflation forecasts, and that could prompt some speculation that the BOJ are closer to widening their YCC (yield curve control) band or removing it al together. Of course, a bout of risk off is usually always bearish for AUD/USD.
Either way, the bias remains bearish beneath Tuesday’s high, and the initial target is the lows just above 93.27.
AUDJPY SHORThello my friends.in this setup first we check daily timeframe and see this rising wedge created near the daily supply zone.then we check the chart in 4 and see the CHOCH there.so we can wait for confirmation in smaller timeframe for our short entry.
“”your follows and boosts encourage me to publish more analysis””
AUDJPY Breaking OutAUDJPY has created higher market structure on the higher timeframes. Price action is suggesting that a breakout of the triangle is about to happen. I have taken profits from my other Jpy's trades and decided to jump on this trade as it is the cleanest of all the JPY'S at the moment...