As the cash rate for AUD officially increased today followed by a drop in AUD pairs gives a very good opportunity to long AUD from a good price. RBA (Reserve Bank of Australia) has given statement of high inflation concerns and strong job reports and has set a hawkish tone. BOJ is yet to lift its negative interest rate making it the weakest currency still. As...
In the ever-evolving narrative of the AUD/JPY pair, a compelling new chapter unfolds, marked by resilience at a crucial juncture. The pair has effectively rebounded from the 30-minute support level, a noteworthy feat particularly as this threshold was recently breached. Adding to the technical confluence is the pair's staunch refusal to succumb to the 4-hour...
looking to buy this pair and clear the imb created. good risk to reward ratio.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 in my next analysis.
AUDJPY 0.50% risk R:R 1:1 Made 1st LL and LH now Making LL Bearish Engulfing Candle
I am taking a Long on the AUJPY as we're hitting a support zone on the 30 min timeframe.
Im waiting to see the price action but the setup is looking good
Hello traders, AUD/JPY is currently about to reach a resistance level from where we had seen a rejection in the past. So, if there is bearish price action in the resistance level that has been highlighted in my chart, we can see a pullback in AUD/JPY. Selling AUD/JPY@97.40-97.65 with SL above 98 and TP at 95 is a probable sell trade
I'm seeing 2 unmitigated order blocks so I shorting till price mitigates at least one order block
On AUD/JPY is nice to see strong buying reaction from the price 96.850 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... S/R zone from the past + Uptrend +...
Hello Traders In This Chart AUDJPY HOURLY Forex Forecast By FOREX PLANET today AUDJPY analysis 👆 🟢This Chart includes_ (AUDJPY market update) 🟢What is The Next Opportunity on AUDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Similar to AU, scroll left, read the candlesticks, observe what they are trying to show you.
Price is consolidating right now, near to our buy entry at 96.89, which is a multi-swing high resistance level. Price could create a bullish breakout above this resistance level, to reach our take profit target at 97.56. Our stop loss is at 96.21, which is below the 23.6% fibo retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries...
📈📉 Trading Strategy: #AUDJPY Support and Resistance Zones 🇦🇺🇯🇵 Hey traders! Let's gear up for the week of November 6th to 10th and plan our trades for the AUDJPY Forex pair using the 4-hour and daily support and resistance zones. 📆 🔵 What are Support and Resistance Zones? Support zones are price levels where the market tends to find buying interest, preventing...
AUDJPY - 2 positions for short. Both of them have same SL and TP(suggested zone areas). ONLY ONE POSITION OPENED AT THIS MOMENT(sell1). TP1 and TP2 may change at any time if market will show extra strength. RSI level confirmed - OBV confirmed - above the MACD. Warning!!!! This content should not be interpreted as financial advice.
97.613 Stong support at this level so waiting for last pull of LH before it changes its trend Buy At LH with Strong Bearish Candlestick Indicator At a good resistance level
Here on the Daily Chart I have AUD/JPY showing signs of a Pennant pattern! Lower Highs into Higher Lows until a "Pinch Point" where price will need to break Bullish or Bearish. Pennants can break either way but the direction of the Market usually has an influence on where price will go after the break. Price has tested the Falling Resistance and Rising Support...
The AUDJPY currency pair has been in a bullish trend since late March, commencing at the level of 86.065. As of the current analysis, it seems that the pair is undergoing a corrective Wave 4, indicating a countertrend phase. This correction is composed of subwave A and subwave B within the larger context of Wave 4. Presently, the pair appears to be in the process...