The monthly corrective structure could be over and it can make a huge up impulse. It looks like we have a reversal pattern at the end. As you can see, it went up and broke the downtrend by an impulsive wave. After that it made a correction and now, it's going up. I'm waiting for a small correction over the trendline to place a pending order. My SL...
AUDJPY is currently consolidating within a wide trading range.
after a false bearish breakout of the range and strong rejection,
I am focusing my attention on 72.5 structure resistance level.
IF bulls break and close above this level, there will be a high chance to see
a bullish continuation to higher levels of...
Hello and welcome to my Trade Idea of the currency pair AUD/JPY.
Lets start with the Top Down Analysis.
Monthly: The monthly view is bearish.
Weekly: The weekly timeframe shows a downtrend as well, and now we're looking for short trades.
Daily: We see a smaller correction of the long downtrend, and search for entrys.
H4: We spot a counter trendline. On...
Watch for a possible pullback into .382 fib level here before another rally. Join our FREE Telegram group (link below the chart) for our Premium Signals, Setups and Videos (at no cost to you whatsoever).
AUDJPY expected to rise up to 1st resistance at 75.164 where it could potentially react off and drop down to 1st support at 73.259.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Only fr those ho love risk. AUD is gain more power last week from trade talks on USA and CHN , and they are have rate cut wich is give him more power. But AUD keep self high from last week, on to much sides we can see traders aare more for sell, in my opinion we can go here for 250 more pips. JPY is the one of wekest currencys.
sell #audjpy at 73.66 and take profit at 73.13 its overbough much and #aud not have good data also ahead of #bce is a small legit correction 50 pips to take
audusd up just coz of china stimulus and risk on
i think is a good timing ahead of bce as market waiting much from Bce and priced near all the rumoured stimulus
so 50 pips to take away
if he up...
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