Hey traders, here is the analysis for the AUDJPY. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
- AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. The current SENTIMENT has a very NEUTRAL SENTIMENT. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an...
After the high made on the 20th of March started to correct, this correction continued into May and on the 17th of May, we have a bottom and reversal. Yesterday the pair has broken above an important confluence resistance and at this point, we can consider that the pair is resuming its long-term uptrend. 91 zone should provide support now and in this zone, traders...
- AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. The current SENTIMENT has a very NEUTRAL SENTIMENT. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an...
AUD/JPY trades within the daily cloud. Price action remains capped between 21 and 55 EMAs.
AUDJPY is forming a contracting triangle. Price had completed the (D) wave, and I have given the short-term selling targets of wave (E) of wave ((4)). In my previous article, I have mentioned that "Wave (E) can complete between 0.618 to 0.786% Fibonacci levels. That's why a trader can expect the following targets for wave (E) 83.44-82.50-81.03 as targets...
AUDJPY - LONGS ACTIVE ✅ sell side liquidity + weekly lows liquidity has been taken out. Expecting bullish price action from this area as we have to fill the bearish imbalances, the price also rejected a D1 bullish orderblock area + retail traders are short on this pair. Retail herd positions average - 68% short positons = LONG SIGNAL ✅ What do you think ?...
Over the past week and during the calendar month of March, the Australian Dollar has been the strongest currency while the Japanese Yen has been the weakest. This currency cross is at the heart of the Forex market now. The Yen is weak as the Bank of Japan wants to bring inflation up to 2%, while the Australian Dollar is strong on improved global risk sentiment and...
AUDJPY after being trading under the horizontal level of 86 since Feb 2018, we see a clean breakout from the level on 16th March 2022. Now the Hot Question is: Where will be the top? If you see on the chart, we have showed crab pattern which shows bearish reversal on 91 to 92 region which is also the weekly resistance zone. The indicator RSI is also reaching...
Here is my Idea on AUDJPY for a long Trade. Very low Risk and high Profit. I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade. Aprox. All Crypto Currncies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting...
#AUDJPY Market is moving in ascending channel. Currently rejected from resistance, as well as RSI show market is over-bought so i am looking for a good sell.
Waiting for confirmation before buy Please see chart for my bias and analysis
Look at the above chart, you can clearly see that it has already given BREAKOUT of the upper TRENDLINE. From here it can consolidate here for next 3-4 days and can again go upward. KEY POINTS Entry- 83.350-83.950 Stoploss- 82.250 1st Target- 85.250 2nd Target- 88.000 Will keep Updating.....
Looking at the pair under 4hr tf, the market is in a downward trend and most especially making waves in the channel. Right in the channel, there appear an upward channel, there was clear reject at 50% fib level downside and also a clear rejection upside of the middle channel at 50% fib level leading to a bullish movement. We are expecting a retest at 61.8% fib...
Looking at the pair under 4hr tf, the market is in a downward trend and most especially making waves in the channel. Right in the channel, there appear an upward channel, there was clear reject at 50% fib level downside and also a clear rejection upside of the middle channel at 50% fib level leading to a bullish movement. We are expecting a retest at 61.8% fib...
AUDJPY has found the short term bottom and is expecting to be bounce from here. A bounce to the near falling trendline is expected and if it manages to break then we have good upside targets. Trade your levels accordingly.