OANDA:AUDJPY records a decline for the fourth consecutive day, currently trading at 97.37, a slight drop of 0.05%.
The Australian Bureau of Statistics reports a slowdown in inflation, with the Consumer Price Index (CPI) rising by 4.9% in October, less than the anticipated 5.2%.
OANDA:AUDJPY traders eye Japanese Industrial Production, Retail Sales and Consumer...
Here is my analysis for AUDJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDJPY had mixed price movement during this week indicating a strong buyers holds. We will have to see if price comes back to this week's friday daily low and bounce from there or it continue the bullish trend from fridays closed price.
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Here is my analysis for AUDJPY on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my analysis for AUDJPY on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. The reason for that was that the MARKET SENTIMENT was somewhat POSITIVE with FED UPDATES. JPY WEAK AFTER BOJ MEETING.
Because of that, XXXJPY CURRENCIES went UP very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more.
Therefore, after JPY...
#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. The reason for that was that the MARKET SENTIMENT was somewhat POSITIVE with FED UPDATES. JPY WEAK AFTER BOJ MEETING.
Because of that, XXXJPY CURRENCIES went UP very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more.
Therefore, after JPY...
Here is my view for AUDJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for AUDJPY on H4. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
#AUDJPY
These days, AUDJPY is slightly UP due to MARKET RISK ON. The reason for that was that the MARKET SENTIMENT was somewhat POSITIVE with FED UPDATES. JPY WEAK AFTER BOJ MEETING.
Because of that, XXXJPY CURRENCIES went UP very fast. It still has an effect. Anyway, they said that the BOJ MONETARY POLICY will be relaxed even more.
Therefore, after JPY...
AUD-JPY is trading in a downtrend
And the pair is about to retest
A resistance cluster of the
Falling and horizontal resistance
Levels from where a local
Pullback is to be expecte
-Price will continue previous week bullish trend but wait for price to react to area of entry, please make sure that you use correct risk management.
-Remember trading against the trend may not be suitable for everyone, so if you have any doubt than do not take this setup and wait for price to change its character
