The price perfectly fulfills my last idea. It hit the target zone. The market has surged, closing above the previous lower high, and is now testing the key resistance level at 104.00. The recent pullback has took liquidity beneath the crucial support level of 103.00, ultimately leading to a new upward extension. On the daily timeframe, the bullish trend is...
Bullish candles are forming quickly, we hope to get a pullback before we get into this trade. a break below the low will either indicate a start of a bearish move or a swipe of liquidity.
Buy when the price on the buy zone (green color box). SL - 101.699 TP - 106.160 After the first trade, when the price move in the planned direction (Long). Then 2 trade x2 with: SL - 102.301 TP - 106.160 Good luck!
Dear Traders, Similar to our other JPY chart analysis, we expect the same with AUDJPY, prices is likely to touch one more time 105 region or go beyond that. Possible entry is when drop a little and there we can get a better entry. Good Luck and Trade Safe.
After finally breaking out of the 2022 high this pair has been on the march towards 105 which is the beginning of a key Monthly SELL/SUPPLY area with the ATH just below 108. Looking at the Daily chart below price has been slowing grinding up since the two bouts of intervention 2 weeks ago with both the RSI & Stochastic approaching extremely over bought levels as...
AUDJPY short opportunity. Price is sitting at previous yearly highs, therefore breaking any higher will take significant effort. On the shorter time frame we can see price retesting the previous high and price broke down from a rising channel. A great chance for price to move back to the 100 or even 98 mark to the bottom of the daily channel.
AUD/JPY is expected to be bearish from 103.400, with bullish momentum exhausted around the 104 range, which I identified as a No Traffic Gap . I decided to enter a trade at this point, targeting the 61.8 Fibonacci level marked on the chart. The stop loss is set at the Exhausted level, which I consider a potential reversal point. Let's see what happens next. Good luck
audjpy will drop due to the PDH ,PDW has been reached so now chart haves too retest back dow to the PDL PWL and PML (IT a SHORT)
AUD/JPY appears to be on track to test the monthly high (100.81) following the failed attempt to close below the 50-Day SMA (98.14). AUD/JPY Rate Outlook AUD/JPY may track the positive slope in the moving average as it extends the rebound from the monthly low (97.78), with a break/close above 100.90 (38.2% Fibonacci extension) bringing the December 2014 high...
Hello,Friends! AUD/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 100.034...
👁️ OUTLOOK 5hr chart:https://www.tradingview.com/x/VClOpHfo/ 30m chart:https://www.tradingview.com/x/a8IF18OL/ Context 5hr: Price is looking good and trending above the 10,50,200 EMAs. Expecting price to keep trending bullish to provide opportunities this week. Validation 30m: Price is currently in re-distribution and needs some time to get back above the...
AUDJPY - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell AUDJPY Entry Level - 103.18 Sl - 103.85 Tp - 101.96 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
AUD/JPY is rising towards the pivot, which acts as a pullback resistance and could reverse to the 1st support. Pivot: 103.64 1st Support: 102.36 1st Resistance: 104.52 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
Looking at the chart of AUDJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
On AUD/JPY, it's nice to see a strong buying reaction at the price of 102.360 . There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Strong uptrend and...
AUD/JPY is reacting off the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could potentially drop to our take profit. Entry: 102.90 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 103.63 Why we like it: There is a pullback resistance...
Factors affecting the AUD/JPY rate include general economic indicators, such as information on employment, inflation data, retail sales, industrial production, trade balance and the release of GDP data, as well as the central bank decisions regarding the interest rates in both countries. Political events, natural disasters and various government policies can...
Price has recently hit yearly highs and experienced significant resistance at those levels. The last week of chop has indicated there is a struggle in the market. This proposed trade will see a test and retest of key points to the bottom of the daily/weekly channel and then further analysis from there.