AUDJPY is borderline bullish on the 1D technical outlook (RSI = 56.140, MACD = 0.500, ADX = 22.883) as today it has erased the gains of almost the past 3 days. As it approaches the 1D MA50, it is turning into a buy opportunity inside a double Channel Up pattern. At 99.000 we are turning bullish again and will aim for a +2.65% increase (TP = 101.700) for a HH. See...
- The market has been trading above a bullish trendline since mid-March. The mid-term trend is then bullish - Since the impact below and a new 9-years high at 100.812, the market registered a sharp pull-back, with an acceleration brought by today's disappointing US CPI report. This correction happened following a bearish divergence between the market and the MACD...
short wave having take profit @ fibonacci 50 lvl 10x lvl SL above swing
Bulls are still pushing strong. Trade with the TREND. 101.100 is my profit exit. Everything comes to an end though, be aware of that. Trade safely my friends
Harmonic Pattern Formation: XABCD Gartley pattern observed. Notable rejection at point D (98.200). Key Support and Trendline Analysis: Rejection at 4-hour Bullish Trendline. Re-testing key support area post Bearish Trendline breakout. Bullish Divergence: Observed on the 1-hour timeframe Indicates potential bullish momentum. Trade Recommendation: Entry:...
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Examining the trend in the four-hour time frame, the Australian dollar/Japanese yen has the resistance of the ceiling of the ascending channel in the range of 100.72, and if it is maintained, the rate can decrease to the support of the bottom of the channel in the range of 98.17.
Buy AUDJPY at market price. SL: 99.10 TP: 103.88 I am only sharing my trades, not a recommendation to enter the markets.
AUDJPY is rising towards a resistance level which is a pullback resistance level and could reverse from this level to our take profit Entry: 100.359 Why we like it: There is a pullback resistance level Stop loss: 100.699 Why we like it: There is a resistance at the 127.2% Fibonacci extension Take profit: 99.235 Why we like it: There is an overlap support...
In this chart we have spotted a Double Top Formation, we are waiting for Red Candle to close then we take an entry. Bearish Divergence also spotted. Entry, TP & SL levels are placed accordingly
The AUDJPY is bullish on the higher time frame. Here we explore a potential trade opportunity if the conditions mentioned in the video arise. Not financial advice.
SITREP --- Previously... MB 30% Weekly B -- Daily BR/B -- 4H B Strictly looking for buys even after a 4H retracement... Now... making some progress... Might see a little corrrection before heading higher.
AUDJPY has formed H1 CHOCH and made a pullback at 98.934 which can be used to short with reasonable TP at 98.220
For Traders and Investors worldwide, greetings. So basically, this is how I’ve been actively monitoring the price movements of AUDJPY for the past couple of weeks, and now I have shared with you on how I potentially intend to accurately predict its further next price targets and movements within this new trading week, as a result of backtesting relentlessly and...
I made an entry on Fib 61.8% pullback (98.621) with TP next on 99.540. Hopefully it will work
My dear friends, Please, find my technical outlook for AUDJPY below: The price is coiling around a solid key level - 100.31 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 99.985 About Used Indicators: The pivot point itself is...
Hey Traders, Previously I discussed the continued long term choppy market present on the AUDJPY. Following this, and a minor fall, we can observe and analyse for future moves. Watch for more.
The currency had a strong retraction, after last week's event, with that the price reached a high zone, the MM's tried to bring the price down, with notable volume but it held on to the trend, having a retraction in the EMA 200, with the opening of the new session on trend prevailed, with a small pullback to confirm entry. SL: 99.513 TP1: 100.256 (RDH) TP2: ...