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
AUD ALL DAY BANK HOLIDAY.. share your ideas regarding this chart, SHS formation and may break the DEMAND ZONE due to all day holiday on monday, or it may take the other way around, may bounce up from demand zone to supply zone down to support area..
AUDJPY reversed off its resistance at 75.492 where it could potentially drop further to 74.960.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY reversed off its resistance at 75.302 where it could potentially drop further to 74.782.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY reversed off its resistance at 75.273 where it could potentially drop further to 74.715.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY reversed off its resistance at 75.815 where it could potentially drop further to 74.960.
*Disclaimer.*
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AUDJPY bounced off 75.513 where it could potentially rise further to 76.247.
*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 and Investments Commission (AFSL 414530). Pepperstone...
AUDJPY is showing further potential to move down bearish to meet our target points. I have linked my video breakdown below.
Entry - 75.150
Stop loss - 76.325
Take profit 1 - 73.468
Take profit 2 - 72.605
Capital at risk - 2%
I have a pending order for AUDJPY and my Bias is SHORT.
I believe from currenct price action we should have a pullback from here, atleast towards 74.95 Support. If the white trendline gets broken and also the support around 75.5 zone, I'll feel stronger about the SELL, hence, SELL STOP.
AUDJPY bounced off 75.853 where it could potentially rise further to 76.700.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY to climb from its upside confirmation at 76.106 where it could potentially bounce further to 76.700.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY
AJ is looking great. Pushed down a bit as I felt we would. I am now waiting for the bears to take control. I believe we are going to see a big push to the downside soon. As always I will let the tribe know if I see anything. NJ is also looking good but since AJ looks much better and they correlate I feel its best to focus just on AJ for the time being.
AUDJPY bounced off 75.699 where it could potentially rise further to 76.106.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY
AJ is looking like a decent short opportunity. We have been going sideways. Half tempted to get in now but I am going to watch very VERY closely for now. I like AJ especially because I prefer swing trades and it looks like a good opportunity for us.
AUDJPY bounced off 75.844 where it could potentially rise further to 76.700.
*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 and Investments Commission (AFSL 414530). Pepperstone...
AUDJPY is approaching its resistance at 75.920 where it is could reverse down to its support at 75.260.
*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 and Investments Commission...
