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Audjpyforecast

AUDJPY 180 pips bounce was expected will it reach September highAUDJPY ********* ⏳H4 chart 🎲 Detailed analysis ⛳️Bullish entry / Alternative bearish entry —————-❇️——————- Detailed analysis 💬 1️⃣ Bullish flag formation 76.000 support 2️⃣ 76.550 October month high 3️⃣ Positive risk sentiment, Vaccine news 4️⃣ 75.800 50% Fibonacci Dynamic support and resistance 5️⃣ 78.450 September high acted as strong resistance-Key trend reversal area 6️⃣ 75.640 Point of control - Volume profile 7️⃣ Technical support - Bullish 8️⃣ 78.450 will acted as key reversal-bearish 9️⃣ AUDPY trading within a broad rising channel 🔟 Possible swing target-78.450 #️⃣ Overall long-term trend- Bullish —————-❇️——————- 📉 Technical bias-Day-Bullish Price is above 50,100,200 Exponential moving average 50 Exponential moving average will act as support-Bullish Relative strength index - well above 60 - Bullish trend MACD -Histogram is still in green zone, Oscillators are pointing upward Stochastic - Reached around 75- overbought condition will give a short term fall back expected Ichimoku cloud -cloud is still red and about to turn as green-Price is well above the cloud Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected —————-✳️——————- Key reversal area's 72.000 psychological level 75.640 Point of control area Volume analysis 78.350 Sep month high 76.200 Break and retest area 78.000 Major psychological level 76.450 Possible entry- Bull 78.350 Sep month high/ Alternative bearish entry —————-✳️——————- [bBullish entry #yen #kiwi #nzdjpy Entry price - 76.450 Take profit 01 - 77.300 Take profit 02 - 78.350 🚫 Stop lose 79.950 ⬆️ 2.49 Growth expected ⤴️ Account growth .65: 2.49 ✅ Risk reward ratio 1 : 3.8 —————-⚜️——————- Push the like button , And cheer up if you found useful
Long
by forexorbit
AUD/JPY BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation. AUD/JPY: Day-Swingtrade-Preparation Market-Buy: 75,970 Stop-Loss: 75,480 Target 1: 76,450 Target 2: 76,680 Target 3: 77,050 Stop-Loss: 49 pips Risk: 0,5% - 1 % Risk-Reward: 2,30 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
3
AUDJPY H3. This Analysis Based On Price Action Theory.We Have an Analysis Of AUDJPY H3. This Analysis Based On Price Action Theory. According to Multiple Analysis, We Can See That the Market has a Bullish Direction As Well As Market have Good Trend line support That’s Why We Have Two Target(resistance) @76.510 & @76.700 For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The Both are reflected in Market Bullish Pattern I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade. Thanks Regard shivamfx Technical Team Note- Please Take Only Two ✌️ 2% Risk On Given Analysis
by shivamfx
AUDJPY felled below 50% Fibonacci levelAUDJPY Price has reached around 78.500 which is a August month high and the upward momentum is shifted towards downwards as the risk aversion creeps in the market. The vaccine hopes supported the risk proxy for the past two months. The vaccine trial was put on hold by Astrazenca pharma company due to the some side effects caused by the unapproved vaccine and in many other countries are conducting the trials on side by side The number of coronavirus cases are surging everyday around the world. Even in Europe and in England the COVID-19 cases are rising the the government is preparing for the fresh lockdown measures. And the political developments around the world will cause the demand for safe heaven assets The healthy relationship between the government of Australia and People republic of china as both sides are preparing for fresh sanctions against each other on particular imports such as wine and beef. Though the industrial activity in china is back to the pre pandemic level this will support the Australian dollar too. But the deteriorating relationship between two countries will make the AUD less attractive The Japanese PM has resigned on the health grounds and the Newly elected PM Suga said that they will follow the abonomics in coming days. Which in turn will support the buying of Japanese yen The AUDJPY is the perfect pair to measure the current risk sentiment of the market. The price has felled around 4.1% from August high. If the price reached the 78.6% then it might lose around 6% from the August high level Currently AUDJPY is trading below the 50% Fibonacci retracement level. And below the 76.000 level The lower trend line which is holding this pair since 12 June was broken. Ichimoku clouds is pointing towards south On Elliot wave principal Currently 3rd wave is forming the we are expecting that this wave will end at 73.800 level which is a 78.6% Fibonacci level The price has felled below the 50,100,200 EMA. RIS has reached 20 level which indicates the minor rebound towards 50% Fibonacci level. MACD is turned red Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
Short
by forexorbit