AUDJPY BUYIt's at a prime level with multiple confluences - Main trend bullish - Bullish engulfing in the H4 - Psychological level Buy and trade wisely Use proper risk management Good luckLongby Gideonempire0
AUD/JPY Outlook: Cautious Optimism Amid Strong SupportHello Everyone, The AUD/JPY pair is expected to continue rising if the 1M support holds strong. However, heavy seller activity is currently observed, warranting caution. While it’s likely that the 1M support structure may be tested, it remains improbable at this time. Support has been seen from both the 1M and 1W pivot points. TradeWithTheTrend3344Longby TradeWithTheTrend33441
AUD JPY PRICE - HAS TO FILL THE LIQUIDITY AT RESISTANCE HERE we can see that price created a range zone, after that filled the liquidity at support zone, there is a imbalance liquidity area at up side, make a long entry as shown, follow for live updates...Longby FOREX_TRADER_007Updated 0
Potential Bull MarketMarket seems to be in a correction (wave 4) of a smaller degree, which indicates a potential bullish move after the correction. We remain Bullish until the market acts or provide a different clue on this pair.Longby Evaristos0
Selling AUD/JPYlook at the moving average, the price is below it so i put order to sell Shortby dii900
AUDJPY H4Let's break down the analysis of the AUD/JPY 4-hour chart step by step. 1. **Key Levels**: - **Resistance Levels**: - 103.859: This is a significant resistance level, as highlighted by the upper black line. - 103.628: Another resistance level, indicated by the upper red line. - **Support Levels**: - 102.653: This is a crucial support level, highlighted by the lower red line. - 100.606: A major support level, represented by the lowest black line. 2. **Current Price**: - The current price is 103.089, which is marked in the middle of the chart. 3. **Potential Scenarios**: - **Bullish Scenario**: - If the price breaks above the 103.628 resistance level, it could move upwards towards 103.859. - If the price sustains above 103.859, it might continue to rise, aiming for higher levels (not shown on this chart). - **Bearish Scenario**: - If the price breaks below the 102.653 support level, it could decline towards 100.606. - A break below 100.606 would be significant and could indicate further downside potential. 4. **Price Action Analysis**: - The price has been moving within a range between 102.653 and 103.859, indicating consolidation. - There have been previous instances where the price tested these levels, showing their importance. 5. **Arrows and Possible Movements**: - The upward arrows indicate potential bullish movements if the resistance levels are broken. - The downward arrows show potential bearish movements if the support levels are broken. 6. **Market Sentiment**: - The chart suggests a neutral sentiment currently, as the price is within the range and has not broken out decisively in either direction. In summary, traders should watch the key levels of 103.628 and 102.653 closely for potential breakouts. A move above 103.628 could signal bullish momentum, targeting 103.859 and higher. Conversely, a break below 102.653 could indicate bearish momentum, potentially aiming for 100.606.by Sibonginkosi_Sithole-Job30
AJ D Buy Idea 6/9/24Price has returned to the daily highs from 4/26/24. Looking for bullish continuation to at least around 104.945 which is a previous weekly high. **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**Longby cecedidit0
**Review on AUD/JPY Sell Setup****Review on AUD/JPY Sell Setup** **Overview:** The AUD/JPY pair has been showing a marked weakness of the Australian Dollar (AUD) against the Japanese Yen (JPY). This setup focuses on a bearish sentiment for the AUD/JPY pair, targeting specific fair value gaps (FVG) in the daily and H4 charts within the discount array. **Technical Analysis:** 1. **Daily Chart Analysis:** - **Trend:** The daily chart shows a strong downtrend, with lower highs and lower lows forming consistently. This indicates a prevailing bearish sentiment in the market. - **Fair Value Gap (FVG):** There is a noticeable FVG in the daily timeframe, indicating an imbalance that the market may seek to fill. This gap provides a potential target zone for the sell setup. - **Support and Resistance Levels:** Key support levels are likely to be tested, and if broken, can lead to further downside momentum. Resistance levels are holding firm, contributing to the bearish outlook. 2. **H4 Chart Analysis:** - **Trend:** The 4-hour chart corroborates the bearish trend seen in the daily chart, with a clear sequence of lower highs and lower lows. - **Fair Value Gap (FVG):** On the H4 timeframe, there are multiple FVGs within the discount array that align with the daily FVG, strengthening the case for a short position. These gaps offer precise targets for taking profit. - **Indicators:** Momentum indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are in bearish territory, supporting the sell bias. **Entry Strategy:** - **Entry Point:** Look for entry opportunities around resistance levels or when price action shows a clear rejection from key levels on the H4 chart. Confirmation can come from bearish candlestick patterns or a break below minor support levels. - **Stop Loss:** A protective stop loss should be placed above recent swing highs to manage risk effectively. - **Take Profit:** Initial take profit targets can be set at the H4 FVG levels, with subsequent targets at the daily FVG. This allows for partial profit-taking while still capitalizing on the overall bearish trend. **Fundamental Analysis:** - **AUD Weakness:** The Australian Dollar is currently under pressure due to various economic factors, including lower commodity prices, weaker economic data, and dovish monetary policy expectations from the Reserve Bank of Australia (RBA). - **JPY Strength:** The Japanese Yen is benefiting from safe-haven flows amid global economic uncertainty. Additionally, the Bank of Japan’s (BoJ) policies and stronger economic indicators support the Yen’s strength. **Risk Management:** - **Volatility:** Be aware of high-impact news events that can cause sudden volatility in the AUD/JPY pair. Events such as RBA meetings, BoJ announcements, and global economic reports can significantly impact price movements. - **Position Sizing:** Use appropriate position sizing to ensure risk is managed according to your trading plan. Avoid over-leveraging, especially in a volatile pair like AUD/JPY. **Conclusion:** The AUD/JPY sell setup presents a promising opportunity given the current technical and fundamental landscape. With the Australian Dollar showing weakness against the Japanese Yen, targeting the fair value gaps in the daily and H4 charts within the discount array provides a structured approach to capturing potential downside moves. As always, proper risk management and adherence to your trading strategy are crucial for success in this setup.Shortby Asif_Crypto10
shortReady for a big move down? We had a lower low and now he is retesting the resistance zone zo it is a good setup for a sell signalShortby misternico4
AUDJPY SELL SETUP.AUDJPY is looking bearish. Enter on lower timeframe confirmation. Shortby theforexwisdomofficial3
Bullish AUD/JPY Finds Support Amid Seller PressureHello Everyone, The AUD/JPY pair is currently a strong buy, although sellers are now entering the market in large numbers. We've found support at the 1-month Pivot Point (PP), and further upside is anticipated despite the significant presence of sellers. The overall trend remains heavily bullish. TradeWithTheTrend3344Longby TradeWithTheTrend33441
Bullish flag forming on 1H time frame.AUDJPY offering a bullish trade based on the bullish flag formation on 1H time frame.Longby hamidshaikhsarmaaya111
AUDJPY ANALYSIS POTENSIAL BUYI see potential to buy in the 200 ema area and past prices on the left of the chart there is a demand area, plan AUDJPY buy in that area with a stoplos of 8 pips daily ATR, I think RR 1: 2 is a realistic idea. Disclaimer: Not a suggestion to open a position, all profits and losses are not our responsibility. Happy TradingLongby AHAFX10Updated 1
SELL AUDJPY - trade explained in detailTrader Tom, an investing.com technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.Short02:20by Simply-Forex7
AUDJPY SELL SETUP The AUD/JPY pair is currently in an uptrend. However, there are signs of a potential pullback as it has breached the uptrend line on the daily chart and is now retesting that level. We anticipate a rejection at this retest point, followed by a pullback.Shortby PotentFXUpdated 12
AUDJPY generous buyEnter buy now 103.67 or wait to 103.59 support level if price cannot break this level the bulls will return to dominate SL 102.92 TP 104.63 Longby EleazarahmathUpdated 5
AUDJPY BUYHi fellow traders, AUDJPY will be ready to make a move higher from the blue box after it completes the correction. Target the 105.042 level. Good luck and trade safe!Longby OGwavetraderUpdated 226
Adding to Lazy Daily AUDJPY long trade--stacked entry number 3Already had two long positions on AUDJPY open. Taking this third one, as the long term trend shows AUDJPY is among the strongest trending pairs at the moment. I took the 0.5% entry on the dip at the break of the low of the previous daily candle. 1:1 RR, 0.5% riskLongby JeffyT0
AUDJPY I Scalp and intraday long opportunity from support Welcome back! Let me know your thoughts in the comments! ** AUDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!Long02:24by BKTradingAcademy7
AUD/JPY BEARS WILL DOMINATE THE MARKET|SHORT Hello,Friends! AUD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 103.058 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 112
AUDJPY The Target Is DOWN! SELL! My dear friends, Please, find my technical outlook for AUDJPY below: The instrument tests an important psychological level 104.61 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 103.93 Recommended Stop Loss - 105.04 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 115
AUDJPY - Sell Limit AUDJPY has broken a trendline support and HL. Moreover, there is a formation of Bearish Divergence as per RSI. Entry point is at 0.50 Fib Retracement Level. Shortby HammadFXPro114