AUD/JPY extends the advance from last week to test the 2023 high (98.61). AUD/JPY Rate Outlook AUD/JPY pushed above the 50-Day SMA (96.94) earlier this month to clear the January high (97.88), with the moving average starting to reflect a positive slope as the exchange rate registers a fresh yearly high (98.62). A more definitive breach above the 2023 high...
Price tested the resistance level twice forming a double top. If price breaks the neckline, and the trendline, I'm looking for a sell. or I wait for the breakout to the upside from this range.
Audjpy now under this channel we have best selling opportunity around 98.480 Supply zone Rsi showing overbought with supply zone we have best blue trend line resistance level note its not a signal just analysis after confirmation signals will be available for more updates stay tuned
AUDJPY script shows strong bearish biased based on (1) Double Top, (2) 1h & 4H Divergence, (3) Daily Strong Resistance and (4) >90% short sentiment (MyfxBook). Trade plan shows a sell stop at previous HL, Stop loss @ HH and TP1 and TP2 at 1:1 and 1:2 based on fib 50% What do you think guys, will it work?
AUDJPY Sell Stop Loss: 99.1 Take Profits: 98.3 98.2 98.1 98.0 97.6
After carefully spotting out daily resistant point, I discovered a 2-hour divergence and a 1-hour bearish Quasimodo, leaving the overall AUDJPY impression to be that of bearish. - I hr Quasimodo - 2 hr Divergence - 4hr Resistance point Use Risk Management no matter what.
Hello Traders! Price has reached the 60 day look back ipda high!
sell audjpy imbalance, fair value gap, discount and premium zone
Hello, my transaction was opened in one step and I can't wait any longer to build my future. I didn't know how to use these systems. Instead of copy trading and buying signals, try to stand on your own feet and fish. Start small and progress. Do it, just as the merciful God said in the Qur'an, we certainly made it easy after every difficulty. Everything is clear...
At first I thought it's impossible to close above November high, but NZDJPY was showing a new high should happen. Interestingly, what happened to NZDJPY applied to AUDJPY as well. This is more based on fundamental, as I am eyeing a global index drop, and also JPYBASKET seems a good buy. The weekly trend also suggests JPY is at an extremely undervalued position,...
at liq zone wait for liquidity grab then it can dump to given first demand zone Trader_Muru
What's up folks, Just closed my buy on AUDJPY Let me explain These are my confirmations\questions > Question 1 - Was AUDJPY in momentum (bullish or bearish)? Yes, AUDJPY is in bullish Momentum currently Question 2 - Who is interested (at this time)? Buyers are interested at this time Question 3 - Where are their stop losses? Stop losses would have been right...
Price is rising toward a very solid resistance level which also aligns with the 127.2% Fibonacci retracement As you ca see, the Stochastic indicator is also in the overbought territory I believe a rejection from this level could lead the price to drop toward the support level which also lines up with the 100% Fibonacci retracement.
. 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
AUD/JPY is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 98.532 Why we like it: There is a multi-swing-high resistance level Stop Loss: 99.064 Why we like it: There is a level that aligns with the 161.8% Fibonacci extension level Take Profit: 97.765 Why we like it: There...
AUD/JPY is holding above its 100-day EMA, and so far it looks like the spike lower last Thursday will be left unchallenged. This is more of an interesting observation than anything else, but... since July AUD/JPY has printed a prominent spike / higher low every 40 - 47 days. If that pattern is to hold, is suggests the next trough could land at the end of May /...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 97.78, which is a pullback support. Our take profit will be at 98.52, a multi-swing high resistance. The stop loss will be placed at 96.98, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...