AUDJPY - Buying dips to 92.70AUDJPY - Intraday - We look to Buy at 92.70 (stop at 92.15)
Previous support located at 93.00. Previous resistance located at 94.00. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 94.00 will confirm the bullish momentum.
Our profit targets will be 94.70 and 95.00
Resistance: 94.00 / 94.70 / 95.00
Support: 93.00 / 92.70 / 92.25
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Aud-jpy
AUDJPY 4hour Analysis November 20th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are still consolidating on higher timeframes on AJ but overall we are bullish.
Going into this week we are looking fo reactions from our 93.000 zone.
Ideally, price action breaks below 93.000 and forms a lower high we can confidently enter short on.
Trade scenario 2: The other likely scenario is price action bouncing off 93.000. I personally would not trade this but on lower timeframes a nice short term bullish trend could present itself.
Buying AUDJPY at swing lows.AUDJPY - Intraday - We look to Buy at 93.00 (stop at 92.45)
Previous support located at 93.50.
Previous resistance located at 94.00.
A lower correction is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 94.00 will confirm the bullish momentum.
Our profit targets will be 94.38 and 94.98
Resistance: 94.00 / 95.00 / 95.50
Support: 93.50 / 93.00 / 92.50
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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InvestMate|AUD/JPY Change of trend?🦘🦘AUD/JPY Change of trend?
🦘Why I think a trend reversal on the AUD/JPY pair is highly likely.
🦘All due to what I believe is a forecast for the Japanese Yen to strengthen in the coming months.
🦘 Which could lead to declines on most pairs with the Japanese. I have already written about EUR/JPY:
🦘I will describe in turn all the technical analysis tools I used in my analysis.
🦘At the very beginning, I determined the channel of the uptrend and indicated a zone that covers several months in which the price struggled to reach new highs
🦘 Then I determined the fibo waves from bottom to top in order to find interesting support points
🦘 I also measured the last downward wave using the fibo to find points of resistance
🦘Based on the 0.382 fibo level of the whole upward wave and the point where the price accumulated for a longer period, I determined a support zone.
🦘Based on the level of 0.618, and taking into account that the price started its downward slide from this level, I determined a resistance zone.
🦘The scenario I am playing out is a gradual descent of the price lower and lower in order to make a correction in the current uptrend.
AUDJPY 4hour Analysis November 13th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Overall AJ is bullish on higher timeframes but we recently have been seeing some strong 4hour bearish volume.
Going into this week we’re looking to see if this 4hour bearish trend continues. For this to happen we need to see a break of 93.000 support with a lower high below.
Trade scenario 2: The other likely scenario is price action bouncing from 93.000 and continuing to range.
AUDJPY - 1H - SELLThe trade has a risk-to-reward ratio of 1 to 6.
A profit limit of 2 is a good point to exit.
3 and 4 are good points after breaking the profit limit floor.
Profit limits 5 and 6 are very risky and have high risk.
When the price reaches profit limit 2, empty half of the volume and when the next targets are reached, empty the remaining volume , 0.25 per target. After the price crosses each target, set your stop loss higher than the previous 2 targets.
This is the best way.
Be sure to enter after the pullback and at the end of the confirmation candle with the appropriate volume .
The analysis and position is against the main and major trend, which is considered a high risk.
The price is in a major DNA zone, and we give the possibility of forming a second downward wave in the normal view and trading on it with good capital management.
After this deal, be sure to use the good trading opportunities that are below and in the direction of buying.
Analysis is done with Fibo.
Golden Dragon
AUDJPY The Lower Highs the key to our trades.The AUDJPY pair is currently trading on its 1D MA50 (blue trend-line), being the pivot since the price turned sideways during Summer. The long-term trend remains bullish however within a 1 year Channel Up (better viewed with the Fibonacci levels as you see) with the 1D MA200 (orange trend-line) supporting.
Recently it has formed a Lower Highs pattern again with the 90.740 level as the Support. That seems to be consistent with the previous Lower Highs of June-July that broke upwards in late August and hit the 98.700 Resistance. As a result, if the price breaks above the current Lower Highs we expect again a push to the 98.700 Resistance. On the other hand, a break below the Support, would mean a break below the 1D MA200 as well, and that would change completely the trend to long-term bearish.
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AUDJPY: Wait for the dip?!AUDJPY
Intraday - We look to Buy at 93.75 (stop at 93.20)
Previous support located at 94,00. Previous resistance located at 95.00. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 95.00 will confirm the bullish momentum.
Our profit targets will be 95.75 and 96.00
Resistance: 95.00 / 95.75 / 96.00
Support: 94.00 / 93.75 / 93.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
AUDJPY 4hour Analysis November 6th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we have been generally bullish on AJ but we have been stuck between these two zones for quite a while.
Price action is clearly struggling to find a trend so we will wait until the range is broken.
Ideally, we see price action break above our 94.750 resistance and form a higher low above.
Look to enter long and target toward higher resistance levels.
Trade scenario 2: For us to consider AJ more bearish on the 4hour timeframe we would need to see a break below the range and 93.750 support.
Look to enter short on confirmed lower highs if this happens.
AUDJPY 4hour Analysis October 30th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Overall AJ is looking bullish but price action is struggling to break above 94.750 resistance.
We can see price action is resting right near resistance so the most likely situation is AJ falling back to 93.750 support.
Trade scenario 2: For us to confirm AJ as full bullish again we need to see a break above 94.750 with a confirmed higher low above.
AUDJPY - Potential Bearish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on WEEKLY: Left Chart
AUDJPY is approaching a resistance zone so we will be looking for sell setups.
Knowing that AUDJPY can still trade higher inside the zone before going down.
That's why we don't sell blindly, we always zoom in to lower timeframes and wait for the bears to take over.
on H1: Right Chart
AUDJPY is forming a trendline in red but it is not ready to go yet.
Trigger => waiting for a new swing low to form and then sell after a momentum candle close below the last low in gray to sell.
Meanwhile, until the sell is activated, AUDJPY can still trade higher.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDJPY 4hour Analysis October 23rd, 2022AUDJPY Neutral idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: We are newly bullish on AJ 4hour timeframe as we saw price action push up to 95.000 resistance.
The most likely scenario is a continuation of this pattern formation with price action falling to support. You can either trade inside the pattern if this happens or wait for a bearish break to short.
Trade scenario 2: If we do see AJ continue bullish we need to see structure above 95.000 resistance. Look to target higher if this happens.
AUDJPY Next Possible MoveTechnical Analysis Chart Update
AUD / JPY ( Australian Dollar / Japanese Yen )
Time Frame - H2
It is in the Corrective Waves
According to the Pattern " Rising Wedge " it has Breakout the Lower Trend Line #LTL
It is Rejecting from the Daily Demand Zone
We have Strong Selling Divergence in #RSI
AUDJPY 4hour Analysis October 16th, 2022AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: AJ is also looking very bearish going into this week.
Ideally, price action can form a clear lower high below 93.000 resistance and give us good entry opportunities.
Look to target lower toward 91.000 support.
Trade scenario 2: For us to consider AJ more bullish we first would need to see a break back above 93.000 resistance with a confirmed higher low above.
AUDJPY 4hour Analysis October 9th, 2022AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking bearish on AJ and it looks like we will continue with this trend through the week.
Ideally price action confirms below 93.000 and forms a lower high we can consider entering short on. If this happens look to target toward our -27% fib level & 91.000 support.
Trade scenario 2: For us to consider AJ more bullish we would first need to see a break back above 93.000 with bullish setups in the range.
AUDJPY Potential Selling Opportunity!Hello Traders,
In this week's trading session we will be monitoring AUDJPY for a Selling opportunity in and around 93.5 OB zone. Once we get a bearish confirmation the trade will be executed and shared with our premium subscribers!
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