audjpylong

AUDJPY momentum has turned bullish after being in a bearish cycle. Key indicators: Hit 61.8 Fib which is also a key level of support. 61.8 indicates reversal. Yen is strong when USD is weak. USD has been unstable lately. Higher high, lower low. 1st target: 88.050 2nd target: 89.330 3rd target: 90.750 SL below 0.5 fib.

AUD/JPY is recently one of the most dynamically moving pairs. The price is growing really fast since the beginning of June, almost without any major corrections. Some declines happened only last Friday. As you can see, price after withdrawal to support set by previous high, very quickly began to grow. It was a classic re-test of the previously defeated level. ...

Target at 91.150

AUD/JPY has broken major trendline resistance at 86.75, eyes 20-DMA at 87.65. Aussie remains bid against JPY as risk sentiment stabilizes amid fading North Korea tensions and as Australia wage inflation numbers matched estimates. Data released earlier today showed Australia second quarter wage price index came-in as expected at 1.9% y/y and 0.5% q/q. Technical ...

Buy above 86.02. Stop loss at 85.71. Take profit at 86.94. Reason for the trading strategy (technically): Price has dropped absolutely perfectly from our selling area to our profit target. We prepare to buy above major support at 86.02 (Fibonacci retracement, horizontal overlap support) for a push up to at least 86.94 resistance (Fibonacci retracement, horizontal ...

On AUDJPY daily chart you can see dynamic depreciation and breaking down of level 87.00. We can notice that support zone next to level 85.50, coincided with 50% of the FIBO abolition and ascending band of average EMA (75-, 100-period). Test of the zone led to stronger reaction of demand side and a hammer formation was set. Currently there is growing pressure of ...

Logistic Wealth Management Strategist-Tanner Elphee 7/24/17 AUD/JPY Forming tonight on the Daily chart is, what I know them as thanks to Trade With Precision, a PLT trade. PLT - Precision life trade.. Or BLT (Bacon Lettuce Tomato.) The thing I love about these: they are very simple and straight forward. Just set and forget it. They require no market bias and no ...

blue = exit areas green = entry area red line = stop level

AUD/JPY 1H Chart: Channel Up The Australian Dollar is advancing against the Japanese Yen in a short-term ascending channel that started to form after the currency pair stopped to move in a downtrend and changed the direction near 85.52. At the moment, it consists of two reaction highs and two reaction lows and, thus, has reached maturity. For this reason, ...

Sell below 87.39. Stop loss at 88.08. Take profit at 86.32. Reason for the trading strategy (technically): Price is testing major resistance at 87.39 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) and we expect to see a reaction from this level for a drop to at least 86.32 support (Fibonacci retracement, horizontal swing low ...

Sell below 86.57. Stop loss at 85.42. Take profit at 87.17. Reason for the trading strategy (technically): Price is back to testing our selling area. We remain bearish looking to sell below strong resistance at 86.57 (Fibonacci retracement, Fibonacci extension) for a corrective drop towards 85.42 support (Fibonacci extension, horizontal swing low ...

signal.looks like pull back.looks like up trend.stosh signal.

Sell below 86.57. Stop loss at 85.42. Take profit at 87.17. Reason for the trading strategy (technically): Price dropped really nicely from our selling area yesterday. We remain bearish looking to sell below strong resistance at 86.57 (Fibonacci retracement, Fibonacci extension) for a corrective drop towards 85.42 support (Fibonacci extension, horizontal swing low ...

Sell below 86.57. Stop loss at 85.42. Take profit at 87.17. Reason for the trading strategy (technically): Price has shot up perfectly from our buying are and has reached our profit target. We prepare to sell below strong resistance at 86.57 (Fibonacci retracement, Fibonacci extension) for a corrective drop towards 85.42 support (Fibonacci extension, horizontal ...

Buy above 85.68. Stop loss at 85.29. Take profit at 86.33. Reason for the trading strategy (technically): Price is approaching major support at 85.68 (Fibonacci retracement, horizontal swing low support, Fibonacci extension) and we expect to see a bounce above this level for a corrective move up to at least 86.33 resistance (Fibonacci retracement, horizontal ...

Buy above 86.79. Stop loss at 86.49. Take profit at 87.36. Reason for the trading strategy (technically): Price has formed a cup and handle reversal pattern signalling that we’ll be seeing a strong bounce from here. We look to buy above 86.79 support (Fibonacci retracement, horizontal pullback support) for a push up to at least 87.36 resistance (Fibonacci ...

Buy above 87.04. Stop loss at 86.85. Take profit at 87.52. Reason for the trading strategy (technically): Price has continued to drop strongly since yesterday. The key now is to wait for a major support level to buy from. We are seeing major support at 87.04 (multiple Fibonacci extensions) and expect to see a short term corrective bounce above this level to at ...

Buy above 87.53. Stop loss at 87.32. Take profit at 88.02. Reason for the trading strategy (technically): We remain bullish looking to buy above major support at 87.53 (Fibonacci retracement, horizontal swing low support, pullback support) for a push up to at least 88.02 resistance (Fibonacci retracement, horizontal swing high resistance). RSI (34) has broken out ...