Price is approaching congestion zone so I would stay out from any trade for now, and wait for a clear direction. Important levels are below, and market may want to test those levels. You can check it on the weekly or monthly chart as well. My personal bias is that price is going to drop some more, but we have to get through the zone. (Also looks like AUDUSD want's...
FX:AUDJPY OANDA:AUDJPY OANDA:AUDJPY
If we see a pullback, back into the yellow box when the new week opens, I will be most likely looking to short AUD/USD to take out the equal lows created that are marked up. This looks like a pretty solid setup, with it being on the daily chart . **Education Purposed Only** - Will
Have a look at my idea for this pair and see if it agrees with your analysis. Good luck, FIBZ
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together....
Note : audjpy is at an intersection of important resistance levels this week, we will see whether next week's price development will support our setup or not **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!!...
Hello Traders, The price broke the 50 Moving Average, and closed above.. There was a low in september,and the price didn't go more down. I go long now! Make money with me! Benjamin
In the name of Allah, the Most Gracious, the Most Merciful. We are doing some Analysis in AUDJPY in the daily Time frame. Right now You can see on the chart that the market is forming rising wedge patter there is 80% the probability of Market move upside because on a weekly time frame there is Falling wedge pattern which will break to the upside. if you want...
AUDYEN has been in a downtrend channel since 2018. Price is currently in a bearish wedge, making a corrective movement. Here is what to watch out for next!!!
> Chart: H4 > Trendency: Up > TrendLine broken > Waiting fot break the Support Line. If break the line then sell. Otherwise it will continue uptrend.
# AUDJPY > Chart: H4 > Trendency: Up > Support retested > Rtrench Fibo 0.61 level
AUDJPY expected to rise up to 1st resistance at 75.135 where it could potentially react off and drop down to 1st support at 73.958. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities...