Dear Traders,
AUDJPY recently have been overbought due jpy weakness, however, price have shown bearish momentum. We expect price to fill the imbalance zone before it drops further. The trade idea is not ready yet, it is still in process please keep in mind that NFP news data will be releasing on Friday.
AUDJPY is forming higher highs, signaling a bullish trend. After retracting to the designated zone and the 61.8% Fibonacci retracement level, a buying opportunity emerged for a retest of equal highs.
Anticipating a revisit to the key resistance level due to the ongoing bullish trend.
. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Here is my analysis for AUDJPY on H4 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!
The FX:AUDJPY post of four straight days of losses stays below the 97.50 area on Monday, breaking below a key support level at the time of writing. The AUD/JPY is trading at 97.24, down y 0.01%, as Tuesday’s Asian session begins.
From a daily chart perspective, the pair is upward biased, but it fell below the Tenkan-Sen at 97.31, which could exacerbate a test...
The FX:AUDJPY snuck over the 97.50 level just ahead of the Friday closing bell, trying to claw back some of the midweek's losses after the pair tumbled from a Wednesday peak of 98.66.
The AUD/JPY closed out the trading week with some gains, up nearly 1.2% from Monday's opening bids near 96.40, but the back half of the week was marred by a 1.75% decline that...
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!
The FX:AUDJPY extended its gains on risk appetite improvement on Tuesday, as investors speculated the US Federal Reserve wouldn’t raise rates due to a soft October inflation report. Therefore, traders seeking risks bought high-beta currencies to the detriment of the Japanese Yen's (JPY's) safe-haven status. The pair is trading at 97.87, which is a gain of more...
FX:AUDJPY began the Asian session with minuscule losses of 0.08%, as Wall Street’s turned negative towards the end of Monday’s trading session, ahead of the release of the US CPI data. The pair is trading at 96.68 after hitting a weekly high of 96.85.
From a technical standpoint, the AUD/JPY is neutral biased, facing resistance at the Tenkan-Sen level at 96.81....
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
Channel: GREEN
WK Pivot: GREEN
AOB: WR1
CON: SBB
BUY Stop: 96.550
Stop Loss: 95.601
TP01: 97.499
TP02: 99.397
DWR present as a buy setup on 2 NOV, with Channel and Pivot are green bouncing off weekly resistance line
However, trade is not taken/considered
SPX500: NEUTRAL
DXY: SELL
OIL: BUY
GOLD: BUY
In this video, we offer an in-depth analysis of the AUDJPY currency pair, with a primary focus on the prevailing bullish price swing evident on the 1D and 1W timeframes. Notably, the pair is approaching a critical resistance level, suggesting the possibility of a retracement. Throughout our discussion, we delve deep into the intricate aspects of technical...
Hello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity AUDJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the...
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.
Do give a like and follow us for successful trading ideas.
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!
As we all know that Japan did not increase its interest rates and still holding -0.10% interest rate. So in this matter, I believe Japanese Yen will remain weak next week, it will be better to buying it on every single support level.
