JPYAUD trade ideas
AUDJPY โ SHORTA short position is proposed upon price rejection from the key resistance area. This area is defined by the confluence of the Supply Zone's POC level and a Dynamic Gann Resistance angle. The target is at the POC level within the next significant Demand Zone.
AUDJPY โ SHORT
ENTRY PRICE - 98.150
SL - 99.400
TP - 94.400
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
Falling towards major support?AUD/JPY is falling towards the support level which his a pullback support that is slightly below the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 97.24
Why we like it:
There is a pullback support that is slightly below the 50% Fibonacci retracement.
Stop loss: 96.63
Why we like it:
There is an overlap support that is slightly above the 50% Fibonacci retracement.
Take profit: 98.30
Why we like it:
There is a swing high resistance.
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Bullish continuation?AUD/JPY is falling towards the pivot, which acts as a pullback support that aligns with the 23.6% Fibonacci retracement and oculd bounce to the 1st resistance.
Pivot: 97.43
1st Support: 96.83
1st Resistance: 98.30
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Short AUDJPY โ Momentum Reversal Play๐ **Forex Trading Idea: Short AUDJPY โ Momentum Reversal Play**
The AUDJPY pair presents a compelling short opportunity, driven by a confluence of macro momentum and technical precision. Fundamentally, the Australian Dollar (AUD) is under pressure amid weakening commodity demand and dovish central bank tones, while the Japanese Yen (JPY) is gaining strength as risk sentiment shifts and safe-haven flows intensify. This divergence sets the stage for a strategic short position.
Technically, AUDJPY has approached a key resistance zone between **97.81 and 98.12**, where price action has historically stalled. This area aligns with a potential exhaustion of bullish momentum, making it an ideal entry for a reversal trade. Traders should monitor for bearish candlestick patterns or momentum divergence within this zone to confirm entry.
The trade targets are well-defined: **TP1 at 97.38** captures the initial retracement, while **TP2 at 96.95** aims for a deeper correction aligned with previous support levels. A **stop loss at 98.40** provides a disciplined exit above the resistance zone, maintaining a favorable risk-reward ratio.
This setup suits both day traders and swing traders, depending on execution and holding strategy. The trade thesis hinges on AUD weakness and JPY strength, supported by technical resistance and momentum indicators. As always, traders should remain vigilant for macroeconomic news or central bank commentary that could impact currency flows.
In summary, this AUDJPY short is a tactical play on momentum reversal, offering a clean setup with defined levels and a strong narrative. Patience and precision will be key to capitalizing on this opportunity.
AUDJPY is BearishPrice was in a strong uptrend, however the bulls seem to be exhausted now and the break of trendline coupled with bearish divergence and double top reversal pattern further substantiates the bearish sentiment. With previous higher low broken a bearish reversal is on the cards as per Dow theory. Targets are mentioned on the chart.
Forex weekly review: fundamental analysis.A term I heard a lot during the week starting Monday 8 September was "The rate cut rally". Only a few weeks ago, it was widely expected the FED would cut rates one more time before year end, if it wasn't going to be one cut, it wouldn't be any at all. The US 10 Year yield was at 4.8%, significantly, during this period, the S&P 500 remained relatively bouyed.
But in August 'very soft' NFP data started to change the narrative. Then, at JACKSON HOLE, FED chair MR POWELL emphasised a focus on the jobs market, and ever since, every piece of data pertaining to US employment seems to have been below expectations. And all of a sudden, three rate cuts are on the immediate agenda, it's even touted that a 0.5bp cut is a possibility. Hence the 'rate cut rally' narrative as the S&P 500 pushed all time highs this week.
It was nice to see all the 'risk currencies' reacting as you would expect in a 'risk on' environment, the JPY in particular aligning with its correlation to the S&P (and its inverse correlation with the NIKKEI) rather than the falling US 10 YEAR.
The risk to the 'risk on mood' is that the market is over exuberant expecting three rate cuts and chair Powell could put a damper on precedings with a 'hawkish cut' narrative at the upcoming FED meeting. But until Wednesday's FED meeting, I'll begin the new week with a 'risk on' bias. I continue to view the CAD as a possible short in a 'risk on' environment.
In other news, the ECB held rates with a mildly hawkish narrative. A brief flair up on the middle east didn't dent sentiment, neither did the horrific murder of Charlie Kirk, which is a very scary and sad example of the polarised world we live in. Thoughts go out to his family.
On a personal note, for the first time in a long time, it was a week of four trades. I was wary of shorting the JPY due to its correlation with falling yields, but ultimately JPY short would have likely been the best trade of the week. Non the less, it was a profitable week, all USD short trades, two stopped out and two hit profit.
It's interesting to note the two trades that stopped were the ones where a 'lack of meaningful swing support' was the risk.
Interesting week ahead with four central bank rate decisions.
AUDJPY | Bullish Continuation PatternAUDJPY is in bullish continuation pattern.It is printing HHs and HLs.AXY is also bullish against JXY.Although there is divergence on 1hr TF but it is not validated by 4hr TF,which means it may go into consolidation phase or move sideways for some time with minor correction.
Is This Your Entry for the AUD/JPY Bull Run?๐๐ธ AUD/JPY "Aussie vs Yen" Forex Bank Heist ๐ธ๐
๐ฏ Plan: Bullish Robbery | Targeting 97.500 | Stop Loss: 95.000
๐ฐ Multi-Layer Limit Entry | Precision Heist | No Mercy
๐จ๐ง Attention Thieves, Looters & Forex Mercenaries! ๐ง ๐จ
The AUD/JPY vault is cracked, and the Thief Trader blueprint is live! We're executing a multi-layer LIMIT ENTRY HEIST โ stacking orders like stolen cash in a briefcase. ๐ผ๐ท๐ฃ
๐ We ain't chasing price โ we're setting a TRAP with layers. Every dip? A planned robbery opportunity.
๐ฅ ENTRY: The Thief's Layered Ambush ๐ฅ
"Aussie Bull" on a bank job โ we loot using precise limit orders!
Thief Layer Entry Zones: 95.500 | 95.800 | 96.000 | 96.100
Pro Thief Move: You can increase your limit layers based on your own capital. More layers, more loot!
๐ STOP LOSS: This is Thief SL @95.000 ๐
Dear Ladies & Gentleman (Thief OG's), this is the panic room. Adjust your SL based on your own strategy & risk. Let the amateurs get shaken out, we hold firm or reload.
๐ฏ TARGET: Escape Before The Cops Arrive! ๐ธ
The police barricade is set @98.000. Kindly escape with the stolen money before that! OUR target is a clean getaway @97.500.
๐ง Scalpers? Take partials on the way up. Swingers? Let the layers ride. Investors? You're the mastermind behind the heist. โ๐ต
Use a trailing SL to protect your stolen profits as the market moves.
๐ต๏ธโโ๏ธ THIEF TRADER PROTOCOL:
๐ This heist is backed by technicals, liquidity grabs, and pure audacity.
๐๏ธ Remember: High-impact news = volatility = adjust your layers accordingly.
โ ๏ธ MONEY HEIST RULES:
โ
Avoid placing new layers during news events ๐
โ
Use risk-adjusted sizing on each limit order
โ
Patience is key โ a layered heist requires discipline, not desperation
โค๏ธโ๐ฅ Hit that ๐ฅ BOOST BUTTON ๐ฅ if you're riding with the Thief Squad!
Support the robbery. Respect the style. Make money like a true Market Outlaw.
๐ Follow for the next HEIST PLAN. Big bags only. ๐ผ๐ฐ๐
โThe market is a bank, not a casino. Act accordingly.โ โ Thief Trader
๐ค๐๐ #AUDJPY #ForexHeist #ThiefTrader #LayeredEntry #LimitOrders #SwingTrading #ForexTrading #RobTheMarket #DayTrading #BankTheProfit
AUDJPY looks ready for a big leg upLooking at AUDJPY and how it behaves right now, I find it quite interesting.
Price has been coiling and look at the way it rose. Step by step. Meaning buyers are stepping in slowly.
Now, I would way for a confirmation first, with a long position towards 98,300.
What makes this setup different could be the patience behind it. I will be waiting for price to revisit the highlighted level first and look for signs of volume and candles patterns.
Let me know in the comments what you think.
AUDJPY โ Inverse Head & Shoulder Breakout | Bullish SetupAUDJPY is forming a classic Inverse Head and Shoulders pattern on the 5H chart, signaling a potential bullish reversal.
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Left Shoulder, Head, Right Shoulder are clearly established
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Neckline resistance has been tested multiple times
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Price is attempting a clean breakout above resistance
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If the breakout sustains, buyers could push towards 97.800 โ 98.200 levels
Key Zones:
๐ Support: 94.500 โ 95.000 (Demand Zone)
๐ Resistance: 97.000 โ 97.500 (Neckline)
๐ Next Target: 98.000+
Always wait for confirmation (breakout and retest) before entering. Manage risk with proper stop loss below the right shoulder.
Inverse Head & Shoulder
Bullish continuation expected on breakout confirmation
AUDJPY bullish breakout supported at 96.66The AUDJPY remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 96.66 โ a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 96.66 would confirm ongoing upside momentum, with potential targets at:
97.90 โ initial resistance
98.20 โ psychological and structural level
98.50 โ extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 96.66 would weaken the bullish outlook and suggest deeper downside risk toward:
96.33 โ minor support
96.00 โ stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the AUDJPY holds above 96.66. A sustained break below this level could shift momentum to the downside in the short term.
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