This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDJPY and buy area RR 1:3 Detail in chart.. Disc. On.
Price has broken above a resistance area and has now retested it, im expecting price to push higher into the monthly resistance area before looking for any short opportunities
Hey everyone, here's what we are seeing on AUDJPY, prices are facing bearish pressure from the descending trend line and resistance zone at 84.912, in line with the 78.6% retracement as well. We could be seeing a reversal here.
Hi everyone! Looking to play a small bounce on AUDJPY here, in line with our bullish view on the bigger time frames. On the daily time frame, prices are holding above the ascending trend line and we could see a further upside from here. When we look at the H4 time frame, prices are testing the 78.6% retracement as well where we saw a slight bounce above this...
Looking for a restest of the descending trendline to push price higher and break the resistance level.
AUDJPY Possible outlook by Joe Wallace
===== MARKET OUTLOOK ===== AUD - BULLISH 1️⃣ The RBA's economic assessment was more upbeat than in the previous post-policy meeting accompanying statement. 2️⃣ Australian figures showed the economy expanded by a healthy 1.8% in the first quarter, taking gross domestic product (GDP) back above pre-pandemic levels. JPY - BEARISH 1️⃣ Rising US Treasury yields weigh...
I've been following the JPY pairs recently. AJ seems to be bouncing back to the buy trend after testing a current support level the past week. If you'd like to participate in this trade set up, please use proper risk management.
Hey tradomaniacs, still testing my new style but we with AUD/JPY I see a great potential to move up! A bit concerning as always could be the upcomign RBA Statement - I think it is likely to see a more hawkish statement and that the RBA will talk about a tighter policy in the future. Risky setup - But overall deliecious in terms of risk-reward! LEAVE A...
#AUDJPY is a good moment to continue the bullish trend, but it could break the short-term trend
Technical Analysis: The price posted a double bottom near a strong support after a huge retracement to the 61.80% Fibonacci retracement level. The price reversed and rallied where it is traded now above the neckline. Further movement to the upside is expected in the same direction of the main...
Welcome to our Trade Setups - May 30th ( AUDJPY ) ! BUY AUDJPY ENTRY LEVEL @ 84.734 SL @ 84.539 TP @ 85.124 Max Risk: 1% - 3%! Risk/Reward Ratio: 2 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
AUDJPY is following #Long Term, and here is an opportunity for you guys to buy it .
Got some bullish momentum from the previous day that could be carried on today, taking a position based of 50% n 30m chart which is in line with a previous level of resistance which now could act as a support level