AUDJPY Buy Trade Idea (My View)A Nice Buy Opportunity Is Presenting Itself With AUDJPY ... This Pair is Trying To Break A Strong Support Giving Us Two Scenarios... A Strong Move Down Or A Gradual Move UP... Prefer A Long Trade Given Mommentum Is Low.. Ideal Trade Indicated On Chart... Preferably, SL Should Be Slightly Below The Lower Low (Our Support)... TP 1$2 Represented By Dotted Lines
Aud-jpy
AUDJPY 4hour Analysis June 28th, 2021AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: AJ is looking massively bearish as we just confirmed a lower high at 84.400, rejected the 200 ema, and saw a moving average cross after a rising wedge.
Look to target lower toward major support levels. You can even see the bearish volume by the size of the bearish candles presented here.
Trade scenario 2: For us to consider AJ bullish price action would need to break back above 84.400 with a higher low above. Then we can comfortably look for long positions.
AUDJPY Facing Bullish Pressure | 22 June 2021AUDJPY is facing bullish pressure above 38.2% Fibonacci retracement level and our entry at 82.905. With technical indicators showing room for further bullish momentum, a further push up towards our take profit at 84.070 could be possible. Our take profit also falls in line with 78.6% and -61.8% Fibonacci retracement, along with a graphical overlap resistance.
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Bullish outlook on AUDJPY Hey everyone, this is what we are seeing on AUDJPY. Prices are currently testing a key support level on the larger time frame. On the H1 time frame, we are seeing a pullback to test its support zone at 82.424 in line with the 78.6% retracement before a bounce from here. 83.580 will be our first resistance target in line with the 61.8% retracement. Are you bullish or bearish on AUDJPY?
22 June: AUDJPY opportunity to buy hi everyone!
here's what I am seeing on AUDJPY, prices are approaching our entry in line with the 78.6% retracement and support area where we could see a bounce from here. Stop loss is placed slightly below the support zone and take profit target is at the -27.2% retracement.
AUDJPY 4hour Analysis June 21st, 2021AUDJPY Short idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: As of recently we are now very bearish and are waiting to confirm this new transition.
Ideally we would like to see a reversal at resistance around 83.250 which is also our 38.2% fib level. This rejection would confirm structure and a lower high so look to enter short on strong bearish setups.
Trade scenario 2: For us to consider AJ bullish again we first need to see a break back through resistance at 83.250. Even is this happen we are not fully bullish but price action is telling us that is attempting to resume higher timeframe trends.
If we break above 83.250 it is very likely price action will reach our 84.400 area.
AUDJPY: Oversold Market & Pullback 🇦🇺🇯🇵
AUDJPY is quite oversold after a strong bearish rally.
The price reached a key daily pivot and managed to violate a falling parallel channel to the upside.
I expect a local bullish movement.
Goals:
83.0
83.35
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AUDJPY facing bearish pressure| 17th June 2021AUDJPY facing bearish pressure from descending trendline resistance, horizontal pullback resistance in line with 78.6% Fibonacci extension, and 61.8% Fibonacci retracement. Prices might push down towards horizontal swing low support in line with 78.6% Fibonacci extension. If prices push up, prices might face resistance from horizontal swing high resistance in line with 127.2% Fibonacci extension and 78.6% Fibonacci retracement. Ichimoku cloud is also above prices, showing a bearish pressure for prices.
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 June 13th, 2021AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: On higher timeframes AJ has been bullish but on the 4hour we’re seeing that price action has been stuck in a range.
The most likely scenario would be for price action to reverse at support and continue with this range.
Trade scenario 2: For us to consider AJ bearish we would need to see a bearish break of the range with a confirmed lower high below. If this happens look to target lower toward major support levels.
AUDJPY Approaching Support | 9th June 2021AUDJPY approaching ascending trendline support and key Fibonacci retracement level at 84.531. We see a possible bounce above this level towards graphical swing high and -61.8% Fibonacci retracement at 85.171. RSI is also approaching support where price bounced in the past.
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 interests 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.
Breakout Identified in AUDJPY | 7th June 2021The Breakout Opportunities system has just bought AUDJPY at 84.798. The system recommends entering this trade at any price between 84.678 and 84.952. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.229, suggesting that the AUDJPY may have further to rise. A stop loss has been set at the 24-hour low of 84.317 and a profit target has been set at the 1 Day ATR level at 85.412. 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 interests 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 June 6th, 2021AUDJPY Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we’re very bullish on higher timeframes but we can see that AJ is in a range. For us to comfortably continue with the bullish trend we ideally need to see a higher low above 85.100 zone. Look to enter long after a break and retest with the confirmed higher low. Target higher toward prior highs and key resistance levels.
Trade scenario 2: For us to consider AJ bearish we need to see a bearish break of the range with a lower high below 84.400. Look to enter short after proper confirmation is spotted and target lower toward key support levels.
AUDJPY on a bearish outlook? 🦐AUDJPY after the resistance rejection has moved to the trendline support.
According to Plancton's strategy if the price will break the trenndline and break also below the support area we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.