as we can see AUDJPY now turning to short (sell) side. accepting price push lower. technical analysis only. (only for educational use).
As the daily chart shows, the pair has not made a higher high since 10 May. The larger candles have been mostly bearish although the very last candle in this chart indicates that the bulls are not completely out of this contest. Let us move on and take a look at PA on the H4 chart. s3.tradingview.com It confirms what we saw on the daily and also points to an...
After going down for 285 pips from 84.20 to 81.35, today we saw some retracement for AUDJPY. For me, i still think AUDJPY is bearish and we might see another drop soon. Price might only retrace to complete wave-(iv). Right now we're at 38.2% fibonacci retracement. Sell AUDJPY 82.45 Stop loss 82.85 Take profit 81.00 (3.6R) Use only 1-2% risk Good luck
Yes, we saw it. AUDJPY and its contemporary pairs continued to sell off as though their lives depended on it. As it has been in a downtrend sell opportunities are best after a decent pullback. The last broken level of 82.200 is a level to watch out for. We should see how price reacts to this area before looking for sell opportunities
We have good confluences with this pair: 1.The price is overextended, we can expect a correction. 2. Also the price is retesting a supply zone, where we can expect a rejection to the downside. Where can we expect the rejection to happen? If we take fibonacci from low to the high we can see that the .50 and .618 level is align with estructure. We can expect the...
Welcome back Traders, Investors, and Community! Hi Traders, AUDJPY on H1 has broken below a major Resistance , retested and got rejected by a large red candle which indicates it might go lower. ⬇️Sell now or Sell at 83.330 ⭕️SL @ 83.43 ✅TP1 @ 83.030 ✅TP2 @ 82.670 ✅TP3 @ 82.500 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (83.33). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (83.33). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Description : After a strong and long uptrend, it has been sideways and now tends to decline As we can see, the peaks are respectively lower than each other If the minor support we see breaks with strength and stabilizes below it, we can announce the beginning of a downward trend. There is also a cross between MA 20 and 50 clusters. In this situation, it is...
Simple price action, JPY has been AUD has been weak, covid lockdown in Australia isnt helping this currency. Deeper retracement into 84.000
#AUDJPY The market has broken out of the bullish channel and has retested. Now just look for short opportunities.
👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE are waiting for conformation: - We have triangle formation and waiting price to break it. - EMA's give us SELL signal. - Trendline is broken. 💡 Why...
G'day, Guys. Today we looking for another bearish movement for AUDJPY. Based on Daily Time-frame, this pair I still positively seen that AUDJPY changing direction into Bearish. Today We looking for a Sell Zone between 83.152 to 83.382 with a Stop Loss of 83.693 and a profit target of 82.194. The main reason for this short is because based on Higher Timeframe...
Hi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis. Also let me know your thought in the comment section what you...
After last week's uptrend short term reversal, AUDJPY (according to Marketmilk) is back on the downward side. Do you think this pair will continue its downward spiral up until next week (the first full week of July)?
simple fib to fib again. the previous trendline was broken, so a new one should be formed, it can be either at 82.931, or 83.2-83.3. I will only put a small lot size in this setup just to be safe (and trailing).
AUD JPY broke the structure and market is going to retest look for bearish confirmation on lower time frame and enter short with your own money management and risk to reward always remember discipline with patience is the key to be a successful trader in financial world