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...
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...
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...
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...
AUDJPY - 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 /...
Previous 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...
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...
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...
Trade 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...
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...
(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...
Dear followers, All technical information is shown on the chart
British 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...
AUDJPY 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....
This is the forex quote for the Swiss Franc - Japanese Yen cross pair. Both of these currencies are often viewed as safe-haven currencies and funding currencies due to their unique financial properties and low interest rates. CHF/JPY reached its lows during the 2008 financial crisis, when it hit ¥74.65. Since then, the pair has traded higher far beyond this level...