Aud-jpy
AUDJPY potential triangle breakout! | 29th Oct 2021Price has been consolidating in a triangle. We see a potential sell entry 85.803 which is an area of Fibonacci confluences to our Take Profit at 85.160 in line with 127.2 Fibonacci extension and 61.8% Fibonacci retracement. Technical indicators are showing bearish momentum.
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AUDJPY potential for further upside | 27th Oct Signal ID: 78000
Time Issued: Wednesday, 27 October 2021 00:59:15 GMT
Status: open
Entry: 85.782 - 86.104
Limit: 86.585
Stop Loss: 85.394
The Breakout Opportunities system has just bought AUDJPY at 85.944. The system recommends entering this trade at any price between 85.782 and 86.104. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -2.739, suggesting that the AUDJPY may have further to rise. A stop loss has been set at the 24-hour low of 85.298 and a profit target has been set at the 1 Day ATR level at 86.585. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website
AUDJPY 4hour Analysis October 24th, 2021AUDJPY Neutral idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we are extremely bullish and overextended. Ideally we want to continue with the trend so we will wait for a pullback to spot structure formation.
We will catch the continuation of the very strong daily bullish trend right after.
Trade scenario 2: Because price action is so over extended we can actually spot a nice short opportunity on the potential retracement to 83.250.
Look for rejection of resistance right now near 85.000 to enter short on.
AUDJPY potential for dip | 22nd OctPrice has recently broke the ascending trendline and can potentially dip further down to the take profit level of 84.038 which is also 38.2% Fibonacci retracement and 100% Fibonacci projection . The take profit level is also a graphical overlap support. Our buy entry is placed at 86.243 where we are waiting for a retest before the dip further down.
Price has recently break out from the ascending trend line and can potentially retest the sell entry price of 0.74550 which is 50% Fibonacci retracement . Price can then potentially dip to the take profit level of 0.73810 which is also 38.2% Fibonacci retracement level and 78.6% Fibonacci projection level. Our bearish bias is supported by our moving averages as price is trading below it.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDJPY potential for dip | 22nd Oct Price has recently broke the ascending trendline and can potentially dip further down to the take profit level of 84.038 which is also 38.2% Fibonacci retracement and 100% Fibonacci projection. The take profit level is also a graphical overlap support. Our buy entry is placed at 86.243 where we are waiting for a retest before the dip further down.
Price has recently break out from the ascending trend line and can potentially retest the sell entry price of 0.74550 which is 50% Fibonacci retracement . Price can then potentially dip to the take profit level of 0.73810 which is also 38.2% Fibonacci retracement level and 78.6% Fibonacci projection level. Our bearish bias is supported by our moving averages as price is trading below it.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Breaking cooking in AUDJPY Clarity around the nucleus of the swing designed to restrain
It is an interesting breakout we have here in the diagram, representing a major impulse (sounds nice, right?!), and so the origin is a hawkish fed and evergrande mini deal; I want to clear something up as I know there is a lot of panic on the wires with some looking at the lows. There is a major classification problem;
For those technical traders that understand the creation of an outside candle, it is a way to restrain extremes and neutralise opponents via the open trap. In this position, a lot stood like a dear in the headlights into Fed with the majority of threats: one clearly consists of the taper advance, the other in evergrande etc.
So where does the restrain come from? Well by blocking 78/79 then possibly a momentum break through 79 quarters and getting into 80. The whitespace is clear, the difficult work has been done, the above mentioned diversions opened up an attacking radius!
Sellers gearing upThis is my analysis of the pair, looking for a long term sell when it enters the 85.932 - 85.011 range all the way down to touch the major strong uptrend line which is denoted as TP2 @80.204 or to the previously broken minor resistance @81.773. The RSI is currently @78.74 which indicates overbought.
In the coming days/weeks I'm expecting a shoot to the upside to touch the major weekly resistance @89.077 ☺
AUDJPY bullish pressure | 14th Oct 2021Price has broken out of the descending trendline resistance, signifying a potential bullish momentum. We can expect price to bounce from the pivot level in line with 23.6% Fibonacci retracement, towards the take profit level in line with 161.8% Fibonacci projection. Our bullish bias is further supported by the RSI indicator where it is abiding to the ascending trendline support and price is holding above the 45 period MA.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Pending trade for AUDJPY analysisFX:AUDJPY
This is my analysis for the pending trade. Since my confirmations are not all meet yet, that why it's pending. Great things comes to those how wait, also profitable trades. As you know I'm a swing trader and I don't used any indicators for my analysis I only use resistance, support and trend lines to predict the future. Probably two weeks from today all my confirmations will be confirmed since this is a daily time frame. then from there I'll enter my one of the last trades in 2021.
Breakout Identified in AUDJPY | 11th OctSignal ID: 77837
Time Issued: Monday, 11 October 2021 02:55:15 GMT
Status: open
Entry: 153.163 - 153.764
Limit: 154.460
Stop Loss: 152.055
The Breakout Opportunities system has just bought GBPJPY at 153.532. The system recommends entering this trade at any price between 153.163 and 153.764. The signal was issued because the GBPJPY has broken its 24-hour high while our Speculative Sentiment Index was at -2.244, suggesting that the GBPJPY may have further to rise. A stop loss has been set at the 24-hour low of 152.055 and a profit target has been set at the 1 Day ATR level at 154.46. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concern
AUDJPY 4hour Analysis October 10th, 2021AUDJPY Bullish idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking very bullish on AJ and we’re aiming to continue with this trend. Ideally price action pulls back to form structure near support around 81.400 and continues bullish from there.
Look to enter long after we can confirm our next structure forming higher low
Trade scenario 2: For us to consider AJ bearish we would need to see a break below support at 81.400 with a lower high below.
Look to target toward our next support level.
Breakout Identified in AUDJPYSignal ID: 77811
Time Issued: Friday, 08 October 2021 01:46:16 GMT
Status: open
Entry: 81.646 - 82.009
Limit: 82.477
Stop Loss: 81.070
The Breakout Opportunities system has just bought AUDJPY at 81.853. The system recommends entering this trade at any price between 81.646 and 82.009. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -2.054, suggesting that the AUDJPY may have further to rise. A stop loss has been set at the 24-hour low of 81.023 and a profit target has been set at the 1 Day ATR level at 82.477. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
AUDJPY potential bearish momentum!AUDJPY is see to be holding in a potential triangle pattern and may bearish from 1st resistance at 81.411 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension to 1st support at 79.901 in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Our bearish bias is further supported by how MACD is showing a bearish negative divergence. Otherwise price may bullish towards 2nd resistance at 81.994 in line with Horizontal swing high and 78.6% Fibonacci extension.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDJPY bearish drop | 6th Oct 2021Price is see to be holding in a potential triangle pattern , we can expect price to fall from the descending trendline resistance. We can expect price to drop from pivot in line with 78.6% Fibonacci Retracement and 61.8% Fibonacci projection towards the take profit level in line with 50% Fibonacci retracement and 100% Fibonacci projection . Our bearish bias is further supported by the stochastic indicator %K line where it touched the resistance line awaiting for a drop.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDJPY 4hour Analysis October 3rd, 2021AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are still looking bearish on AJ as last week didn’t play out much. Both trade paths are still valid and we are still looking for short opportunities first.
Ideally price action reverses from resistance around 80.800 and pushes lower with strong bearish setups we can enter short on.
Trade scenario 2: For us to consider AJ bullish we would need to see a push above 80.800 with a confirmed higher low above.