AUD/JPY breaks its three-day winning streak, declining to near 99.30 during the Asian session on Friday. The Japanese Yen (JPY), considered a safe-haven currency, strengthened as geopolitical tensions escalated in the Middle East. This dynamic contributed to the weakening of the AUD/JPY cross. The escalation of tensions follows Iran's vow to retaliate against...
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fulfill the imbalance lower and then to reject from bullish order block + trendline + institutional big figure 98.000. Like, comment and...
Shorts on AUDJPY based on the weekly, daily and 4 hour candle
GBP-JPY - BULLISH Our ascending triangle was broken above, and now the previously resistance zone is confirmed as support zone.
AUD-JPY - Ascending Triangle Bullish on this chart, a break and confirmation above this level, open the door for the next resistance.
Diving into AUDJPY, I've identified compelling reasons for a SHORT position. Technical indicators highlight a bearish momentum, with the pair encountering strong resistance and showing signs of a reversal pattern. The emergence of bearish candlestick formations and a downward turn in the RSI suggest a potential decline. This technical setup is bolstered by a...
In the current landscape of the forex market, my detailed exploration of AUDJPY through technical analysis and macroeconomic scrutiny has unveiled a decisive SELL signal. This bearish view is underpinned by a combination of weakening technical positions and shifting economic dynamics that forecast a potential downtrend for the Australian Dollar against the...
We can see that AUDJPY has consolidated on thr previous 10 candles on our H1 and has failed to break from the structure. Our pair has tested the FVG already and has been consolidating in our Order Block. Now we see a bullish being created and we are expecting about 72 pips profits. Follow me for more analysis
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect continuation of bullish price action as price rejected from bullish order block + FIBO 0.618 level. My target is imbalance higher. Fundamental news: This week on Wednesday we have...
Expecting price to continue the sell movement to 74.740 support zone
MARKET PHASE OANDA:AUDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
Embarking on an analytical deep dive into AUDJPY with Elliot Wave theory guiding my path, I've unveiled an intriguing SHORT opportunity that beckons with clarity and conviction. Through the lens of Elliot Wave analysis, I've charted the recent price movements of AUDJPY, identifying a completed impulsive wave sequence followed by the initial stages of a corrective...
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here I expect bearish price action as price almost filled the imbalance and rejected from bearish order block + institutional big figure 98.000. My target is the imbalance lower. Fundamental news: Tomorrow we have news with high impact on AUD and JPY, we will see results of Interest Rate, so...
I got this chart like it is going to complete a wadge pattern probably. now I can say it's a valid pattern in terms of a minimum 4 touches...but of course, it is not the complete confirmation you have to wait for less momentum if you see that pattern which can give a sell signal. then you have to wait for a valid breakout. Reminder:- keep in mind that no matter...
As we can see the market is in down trend so we are taking advantage of it , with a continuation tools that is fib retracement
Hello Traders! This is my idea related to AUDJPY M30. At the moment, the AJ reacted from the FIB level, and most probably, it will retrace till the price of 96.900. I will look for a short entry in case of confirmation. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the...
This is a with the trend and here is why we are selling. Trend: W1: Down D1: Down H4: Down Moving Average: Within the Daily MA Within the H4 MA Pattern: Deep Crab on m30 Strong resistance at 97.50 to 97.70 M15 has a double top and divergence.
Short outlook for the next week Looking for the pullback and short trade safe