AUDJPY is testing a recently broken horizontal support. After a violation, it turned into a strong resistance. The market may drop from that. I expect a bearish movement to 0.9605 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in tomorrow's trading session we are monitoring AUDJPY for a selling opportunity around 96.900 zone, AUDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 96.900 support and resistance area. Fundamentally we would like to consider the current pressure on stocks. The Australian dollar is...
AUDJPY formed a nice double top formation after a test of a key horizontal resistance. It makes me think that the underlined structure will be respected and the price will drop lower. Goals: 96.4 / 96.0 ❤️Please, support my work with like, thank you!❤️
AUDJPY - Intraday Broken out of the channel formation to the downside. We look to sell rallies. We expect a reversal in this move. Risk/Reward would be poor to call a sell from current levels. A move through 96.25 will confirm the bearish momentum. We look to Sell at 96.80 (stop at 97.30) Our profit targets will be 95.60 and 95.40 Resistance: 96.80 /...
BoJ not changing policy, intensified interest rate differential game: Comments from the country's monetary authorities suggest a new wave of pressure on the yen after three months of easing or ‘recharging’. With the Bank of Japan not changing policy, the yen is potentially under pressure from an intensified interest rate differential game. And this game promises...
Hello TradingView Family / Fellow Traders, 📈 AUDJPY has demonstrated an overall bullish trend, trading within the rising broadening wedge pattern in blue. Currently, AUDJPY is sitting around the lower bound of the wedge. Moreover, the 96.5 serves as a robust demand zone. 🎯 Therefore, the highlighted blue circle signifies a significant zone to consider for...
AUDJPY - 24h expiry Reverse trend line support comes in at 97.00. Further upside is expected. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. A move through 97.25 will confirm the bullish momentum. The measured move target is 98.00. We look to Buy at 97.00 (stop at 96.60) Our...
#AUJPY UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #AUDJPY. AUDJPY has done the change of character pattern in the HTF, also it take a bullish turn from the high probability order block. Here we can see that it is going up and following the bullish trend line. which confirm its...
AUDJPY is neutral on its 1D technical outlook (RSI = 51.262, MACD = -0.010, ADX = 30.583) as it has been trading around its 1D MA50 for the last three weeks. We are currently on the bullish wave after the Channel Up made a HL on the 1D MA200, which is the long term Support (since June 2nd 2023). We are going long on today's pullback and target the R1 level (TP =...
Factors Potentially Supporting AUD/JPY : RBA Hawkishness: The recent release of the RBA meeting minutes suggested the central bank remains committed to further rate hikes to combat inflation. This hawkish stance could offer some support to the AUD. Stronger Global Commodities: Commodities like iron ore, a key Australian export, are seeing some strength...
The AUDJPY pair gave us the pull-back we wanted last time (November 03) and delivered a buy opportunity that hit our 97.675 target (see chart below): The price has since pull-back and rebounded just before testing the 1D MA200 (orange trend-line). Even though it is still restrained below the 1D MA50 (blue trend-line), as long as the 1D MA200 holds, we expect...
#AUDJPY UPDATE Hi team, hope you are enjoying your trading journey. We are here to update our analysis about AUDJPY. Anna is monitoring the pair AUDJPY for upcoming week. AUDJPY will go down in upcoming week. Reason behind this is that. it breaks the trend line and now it's going to retest, also we had an order block, where we can see a good impulsive...
Hey Traders, in the coming week we are monitoring AUDJPY for a selling opportunity around 98.200 zone, AUDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 98.200 support and resistance area. Trade safe, Joe.
(Did this publishing on my mobile app.) On the Daily timeframe, a potential ABC pattern has been spotted. If you look left, the ABC pattern from the past is what I’m referring to. The RSI is overbought at this level and there is also a potential divergence being created between price and RSI. Buyers seem to still want to push but the effort in action seems like...
The AUDJPY has come up to test the PCZ of this Bearish Shark two times so far and it is now trying to come up for a third but has been slowed down by the 21SMA. If the 21 SMA manages to keep it down I think we can get an impulsive move down to around the 800EMA at 92.50
Sell AUDJPY Triangle Breakout Price breaks the triangle pattern now, its good chance to sell now thank you
Sell AUDJPY Bearish Channel AUD/JPY - M30 Chart - Channel Pattern found its good chance to sell today thank you
After price broke structure with momentum, it gradually retraced back towards a demand zone that it left behind during the expansion. It then started to consolidate, forming liquidity right above this demand, which could fuel price's expansion to the upside after imbalance has been filled and the demand has been mitigated. Due to price being in a bullish trend,...