📌 Here we go for the main event... To illustrate the spillover effects between US and the rest of the board, we are going to use AUDJPY. This is absolutely going to be a long night, and of course, I wish it was over with already. Trump should, as has been emphasised several times, come out on top. What would be the significance of this move? Well, it...
AUDJPY to go lower with trendline resistance
AUDJPY testing 1st trendline, further drop expected !
Welcome to our weekly trade setup ( AUDJPY )! - 1 HOUR Very bullish pressure above main sr level. 4 HOUR Expecting more bullish price action.. DAILY Expecting a turnaround and more upside! - FOREX SWING BUY AUDJPY ENTRY LEVEL @ 73.840 SL @ 73.230 TP @ 74.730 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a...
AUDJPY is about to from break from range trough resistance of 74.850 straight to 74.200, which is around 35 pips, buy the break. Cheers, Tibor
SELL 73.078 - 73.488 Add to Watch List Signal ID: 73864 Time Issued: Monday, 02 November 2020 00:00:16 GMT Status: open Entry: 73.078 - 73.488 Limit: N/A Stop Loss: 74.103 The Tidal Shift Strategy has just sold AUDJPY at 73.283. The system recommends entering this trade at any price between 73.078 and 73.488. The signal was issued because our Speculative...
AUDJPY retesting 1st resistance, potential to reverse from there
AUDJPY Short idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish 1Hour Trend: Bearish Trade scenario 1: Price action has been extremely bearish recently and is maintaining a strong bearish trend. Look for a retest of this recent broken weekly zone and look to enter short on confirmed lower high. Target lower toward major support levels. Trade...
🔸WEEKLY CHART EXPLANATION: . . 🔸Price is on a downtrend since 2015, making lower lows and lower highs. . 🔸We can observe that it has bounced at the Descending Trendline. . 🔸The first target that we are considering is the Support Zone at 70.000. . 🔸We have an active trade on this pair. Our short trade was triggered after the breakout of the lower timeframe...
AUDJPY is pulling back to the trendline and our 1st resistance where the 50% fib retracement and the 100% fib extension are. Price could reverse further from here towards 1st support where horizontal swing low is. EMA is also showing signs of bearsiness.
EW Analysis: Wave 5 is approaching 1.618 fib level of Wave 4, this is a standard reversal point in the cycle, a break below this level will mean longer selloff. On a bigger wave cycle, audjpy is in a ABC pullback, Wave 5 also C Leg. If price reverses it will also match bottom of price channel. There is some good signs it will be safe to buy around 72.2- 72.3...
AUDJPY on the daily chart is now testing an important daily support at 74.250. ON the 4h chart the price turns back into a bearish scenario. IF the market will break and close below the daily support we will set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...
AUDJPY is testing our upside confirmation where the 38.2% fib retracement joins the 100% fib extension. Price could bounce further from here towards 1st resistance where horizontal pullback resistance and 61.8% fib retracement are. Stochastics is showing signs of support.
AUDJPY is testing our 1st resistance where the 61.8% fib retracement joins the horizontal overlap resistance. Price could drop further from there towards 1st support where horizontal swing low is. EMA and trendline are both showing signs of resistance.
The Breakout Opportunities system has just sold AUDJPY at 74.53. The system recommends entering this trade at any price between 74.384 and 74.63. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.684, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of...
AUDJPY is testing our upside confirmation where the 50% fib retracement joins the horizontal swing high. Price could bounce further from there towards 1st resistance where horizontal swing high is. EMA and trendline are both showing signs of support.
AUDJPY is breaking below its downside confirmation where the head and shoulder neckline and the 78.6% fib retracement are. If price closes below the downside confirmation, we might see further downside from here towards our 1st support where the horizontal swing low is. MACD is also showing signs of bearishness.
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish 1Hour Trend: Bullish Trade scenario 1: Price action continues with the weekly & 1hour bullish trend. This could be the first break of structure before the next bullish leg. To play it conservatively we are going to wait for a break and retest 75.000. Look to enter long on strong...