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Aud-yen

AUDJPY: Dip buy offers better rewards?!AUDJPY Intraday - We look to Buy at 93.00 (stop at 92.45) Previous support located at 93.50. Previous resistance located at 94.00. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 94.00 will confirm the bullish momentum. Our profit targets will be 95.00 and 95.50 Resistance: 94.00 / 95.00 / 95.50 Support: 93.50 / 93.00 / 92.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
AUDJPY: Yen still weak!AUDJPY Intraday - We look to Buy at 94.00 (stop at 93.45) Previous support located at 94.50. Previous resistance located at 95.00. We are trading within a Bullish Ascending Triangle formation. A move through 95.00 will confirm the bullish momentum. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 96.00 and 96.50 Resistance: 95.00 / 95.50 / 96.00 Support: 94.50 / 94.00 / 93.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
AUDJPY: Dip buy offers better rewards?!AUDJPY Intraday - We look to Buy at 95.50 (stop at 95.00) Previous support located at 96.00. Previous resistance located at 96.50. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Risk/Reward would be poor to call a buy from current levels. A move through 96.50 will confirm the bullish momentum. Our profit targets will be 97.00 and 97.20 Resistance: 96.50 / 97.00 / 97.20 Support: 96.00 / 95.50 / 95.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
AUDJPY - Wait For The Trigger!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart AUDJPY is approaching a resistance zone so we will be looking for sell setups. Knowing that AUDJPY can still trade higher inside the zone before going down. That's why we don't sell blindly, we always zoom in to lower timeframes and wait for the bears to take over. on H4: Right Chart AUDJPY is forming a wedge pattern in red and head and shoulders but it is not ready to go yet. Trigger => waiting for a momentum candle close below the gray neckline to sell. Meanwhile, until the sell is activated, AUDJPY can still trade higher. Which scenario do you think is more probable and why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
7
Double Top formation on AUDJPYAUDJPY - Intraday - We look to Sell at 94.00 (stop at 94.85) Previous support located at 93.00. Previous resistance located at 94.00. Posted a Double Top formation. Risk/Reward would be poor to call a sell from current levels. The measured move target is 92.00. Our profit targets will be 92.15 and 92.00 Resistance: 93.50 / 94.00 / 94.50 Support: 93.00 / 92.50 / 92.00 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
AUDJPY RESISTANCEPrevious highs have been rejected creating the sell off pressure after the bull run we witnesses across the board due to a weak YEN. The 4 hour time frame is now in the exhaustion phase retesting the 4 hour time frame 50EMA and horizontal resistance. A 10am 4 hour evening star candle close will be a valid rejection however we do not enter trades off of the 4 hour time frame we much prefer to achieve a tighter entry with a tighter stop loss. Therefore we can head down to the 1 hour or even 15 minute time frame for entry once price exhausts after the "potential" 10am bear close for the 4 hour. Next chart check in for AJ will be at 10am.
Short
by THE_GOLDEN_SUITE
1
AUDJPY: Dip buy offers better rewards?!AUDJPY Intraday - We look to Buy at 91.50 (stop at 90.60) Previous support located at 92.00. Previous resistance located at 93.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 91.50, resulting in improved risk/reward. A move through 93.00 will confirm the bullish momentum. Our profit targets will be 93.50 and 94.00 Resistance: 93.00 / 93.50 / 94.00 Support: 92.00 / 91.50 / 91.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
AUDJPY:Intraday dip buying!AUDJPY Intraday - We look to Buy at 89.25 (stop at 88.35) Intraday signals are mildly bullish. There is scope of limited selling at the open. Support at 89.00 should stem any dips in that zone. Dip buying offers good risk/reward returns on an intraday basis. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 91.25 and 91.50 Resistance: 91.00 / 91.25 / 91.50 Support: 90.00 / 89.25 / 89.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
Joe Gun2Head Trade - Selling a retest of the neckline on AUDJPYTrade Idea: Head and shoulders on AUDJPY Reasoning: Selling into the strength this morning. Entry Level: 90.79 Take Profit Level: 87.38 Stop Loss: 92.00 Risk/Reward: 2.81:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
AUDJPY - Running +80 in the buy...💥The sell hit stop loss, but you can see how this strategy uses a tight RR. The last two buys easily cover it. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out do they. Also, see my 'related ideas' below to see more just like this. Thank you. Darren
Long
by pow_removetheguesswork
2
If AUD Topped, SPX Topped(See previous posts on extremely tight correlation between AUDJPY and SPX) Post FOMC Follow Up: Despite being the core focus of markets going in, nothing of substance out of the Fed / Powell regarding Yield Curve Control. Markets are now risk-off, with AUD leading the way down. Pre-positioning long AUDUSD on hopes of US YCC are unwinding, and dragging down global equity futures. Why were traders long AUD for YCC upside catalyst? Same reason that AUDJPY has been fueling SPX bull market off March lows - the carry trade. Sept 2016: BOJ becomes the first major central bank to adopt YCC, pinning the 10y JGB yield at "around 0%." With the JPY rate leg of FX pairs now effectively fixed in place, AUDJPY carry trade was put back on in size by an army of levered up traders. As the global macro picture started deteriorating, RBA joined the ~50 something other central banks who slashed rates in 2019, and with a collapsing AU-JP yield spread, AUDJPY carry trade was no longer as attractive. March 19 2020: As global risk assets plunge, RBA becomes the second major central bank to implement YCC on the front end of the Aussie curve. Now, with two central banks pinning both sides of AUD and JPY yields in place and suppressing rate volatility (or at least perceived to be), AUDJPY carry trade makes a massive comeback on max leverage, with proceeds used to fund long risk assets- notably SPX & FANGS. This is not only why AUDJPY & S&P E Minis are so highly correlated off the March lows (even on an intraday tick for tick basis), but also in part explains how SPX can rally when the US eco data has never looked more horrendous. AUD doesn't care about US jobless claims, COVID cases, eruption of protests, Trump vs China etc. And since actual global commerce and transactions had come to a halt, speculative FX flows had ever more impact on spot FX movements. This was evident in early June, when AUD broke out ahead of SPX's upward correlation, as Australia reported another record current account surplus for its 4th consecutive quarter - in other words, real world transactions in exports made their presence known in the FX markets. June FOMC: Leading into FOMC, there was plenty of chatter that the US Fed might become the third central bank to adopt YCC. This would then have the same effect - kill volatility in front end rates, making AUDUSD a carry trade candidate alongside AUDJPY. But alas, YCC was not a primary topic of focus, and now getting priced out of AUD upside, and down goes global risk assets in tandem with AUD. IF AUD has finally reached the end of its massive bull run started in March, with hedge funds' net short positioning piling on as we head into AUD futures June expiry/roll, then SPX caps its relentless rise.
CME_MINI:ES1!Short
by acrossthespread
British pound volatility surges as Brexit uncertainty gripsBritish pound volatility surges as Brexit uncertainty grips currency markets Brexit volatility The British pound became increasingly volatile on the foreign exchange market this week, as UK lawmakers took part in a series of crucial Brexit votes in UK Parliament. British Prime Minter Theresa May once again failed to pass her Brexit bill through UK Parliament this week, heightening uncertainty about the United Kingdom’s departure from the European Union. UK lawmakers also voted to avoid a Brexit no-deal scenario, sending the British Pound to a fresh 2019 trading high against the US dollar. Market volatility remained, as traders faced the prospect of extending Article 50 or accepting an amended Brexit deal from British PM Theresa May. • The GBPUSD pair is bullish while trading above the 1.3300 level, key resistance is found at the 1.3388 and 1.3485 levels. • If the GBPUSD pair trades below the 1.3300 level, key support is found at the 1.3100 and 1.2955 levels. Euro bulls return The euro currency staged a strong recovery against the US dollar this week after the United States economy posted a series of weaker than expected data points. The EURUSD pair advanced above the 1.1300 level as both US CPI and PPI inflation measures came in weaker than estimated. US Retail Sales data also remained muted, while the large drop in December Retail Sales was not upwardly revised as widely expected. Investors also shrugged-off much weaker than expected German economic data, with German Industrial Production and CPI inflation widely missing market expectations. • The EURUSD pair is bullish while trading above the 1.1290 level, key resistance is found at the 1.1360 and 1.1400 levels. • If the EURUSD pair trades below the 1.1260 level, sellers may test towards the 1.1200 and 1.1170 support levels. Aussie pressured The Australian dollar came under pressure against the US dollar this week as Australian bond-yields tumbled and the Chinese economy posed much weaker than expected Industrial Production data. The AUDUSD pair fell below the 0.7100 level as the Australian ten-year bond yield tumbled to levels not seen 2016. The Aussie also came under additional pressure as the Chinese economy posted much weaker than expected Industrial Production. Chinese Industrial Output tumbled to a seventeen-year low, while the Unemployment rate of the world’s second-largest economy also increased. • The AUDUSD pair is bearish while trading below the 0.7090 level, key support is found at the 0.7000 and 0.6930 levels. • If the AUDUSD pair trades above the 0.7090 level, buyers may test towards the 0.7130 and 0.7180 resistance levels. Yen softens The Japanese yen currency weakened against the US dollar this week as Japanese bond yields dropped and the Bank of Japan kept interest rates on hold as widely expected. Japanese bond-yields fell to their weakest level since 2016, which prompted overall strength in the USDJPY pair towards the 111.80 resistance level. The Bank of Japan kept rates on hold at record low levels, with the Japanese central bank’s policy statement acknowledging heightened global risks, whilst also downgrading the nations economic outlook. • The USDJPY pair is bullish while trading above the 111.60 level, key resistance is found at the 112.50 and 112.80 levels. • If the USDJPY pair trades below the 111.60 level, sellers may test below the 111.10 and 110.80 support levels.
by OctaFX_Official
Markets buying on optimism for US-China relationsAUDJPY retrace more than 50% of December’s losses, after falling dramatically to its low area first established in 2009, at 70.60, last Thursday. The pair is for a 3rd coscecutive day above 50% Fib. level and the 77.00 level. Momentum indicators are still negatively configurated, showing that the overall weakness of Aussie does not seem to have faded yet. However, the short-term technical indicators along with the move above the month midpoint, imply buying pressure and the possible retest of 78.80 barrier. This barrier is the confluence of 61.8% Fib. retrecament level, 20-day SMA but also 2-year’s Support, which could provide now strong Resistance for the asset. Support for the day holds at 77.08-77.20 area. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
Long
by HotForex