AUDJPY - Trend-Following Sell Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
AUDJPY has been overall bearish trading inside the blue channel and it is currently sitting around the upper trendline and orange supply zone, so we will be looking for sell setups on lower timeframes.
on M30: Right Chart
AUDJPY is forming a channel in red but it is not ready to go yet.
🏹Trigger => for the bears to take over, we need a break below the lower red trendline and gray zone.
Meanwhile, until the sell is activated, AUDJPY can still trade higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Aud-jpy
AUDJPY Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for AUDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 89.270, where the 50% Fibonacci line is. Stop loss will be at 91.056, where the previous swing high is. Take profit will be at 87.018, where the previous swing low is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
AUDJPY 4hour Analysis January 1st, 2023AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking quite bearish on AJ but we are in the process of confirming a retest. Recently, price action rejected 91.000 resistance and started forming a lower high.
These are all great signs that price action will continue bearish but we are not convinced just yet. Ideally the best situation for us to enter would be on a break and retest below 89.250, which would also be the next lower high.
Trade scenario 2: If we fail to break below 89.250 it’s likely price action will make another attempt at 91.000 resistance.
AUDJPY No confirmed buy signal yet. Mind this sell level.The AUDJPY pair has been on a 1 week rise (since the December 20 low) after it (almost) hit the 1W MA100 (red trend-line), which is the long-term Support line November 04 2020. This is not a confirmed buy signal yet as the price remains below both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) which formed nine days ago a Death Cross pattern (technically bearish).
A similar 1D Death Cross, in terms of candle action, has been formed on August 20 2021. AUDJPY had again made a low and started to rebound but (following a 1D MA200 rejection) it only turned bullish after the Lower Highs trend-line from the previous Top broke. That is again our buy confirmation level and we will buy only above this level, targeting (as in 2021) the 98.720 Resistance.
On the other hand, a break below the 1W MA100 and even more so the (dotted) Higher Lows Zone, would be a sell signal, targeting the 2021 Support Zone, which is made of a cluster of Support levels through that year.
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AUDJPY SHORTDXM : 46% LONG = Still high !!!!!!! Most of retails are still LONG, think in the other side.
Seasonnality : neutral then bull during january but SHORT accordy to the "pattern prediction".
COT Strategy : AUD is reaching a strong resistance around -5 on the COT history Chart AUD.
No FLIP.
Sentiment score :
Daily sentiment : Negative thanks to China covid policy...
Supply/Demande area :
We're on a strong resitance of 89.23.
Support/Resistance :
Strong resistance at 83.23 on DAILY.
Trend :
Under all SMMA = Bearish
Economic News :
*Rapid reopening movements, easing of policy. Are we going to see economic recovery? Morgan Stanley says YES! And raised its 2023 China GDP forecast to 5.4% from 5. But in reality...it's not for today.
*China realizes that opening up is doing too much harm and even though quarantine is no longer mandatory as of January 8, 2023, hospitals, deaths and cases are exploding (not good). There is a good chance they will reverse their decision so this indicates AUD SHORT. If no recovery in China = AUD weak because no or less exports to China since there is less demand.
*Less growth in China means les importation and an impact on the AUD.
The Bank of Japan, in a move that surprises the market, is extending the cap on the control of the 10-year yield curve to 0.50% instead of 0.25% previously. In other words, it is starting to be more hawkish, although it still maintains a strong control. The yen is strengthening and the Nikkei is falling.
AUDJPY - Further downside is expectedAUDJPY - Intraday - We look to Sell at 90.00 (stop at 91.25)
Previous support located at 88.00. Previous resistance located at 89.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 90.00, resulting in improved risk/reward. A move through 88.00 will confirm the bearish momentum.
Our profit targets will be 87.25 and 87.00
Resistance: 89.00 / 90.00 / 91.00
Support: 88.00 / 87.25 / 87.00
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.
💵Australian Dollar/Japanese Yen💵Analyze (9/28/2022)!!!Australian Dollar/Japanese Yen is making Expanding Flat(3-3-5), and now it is running in microwave 3 of main wave C.
I expect Australian Dollar/Japanese goes down to the target that I showed you in my chart.
🔅Australian Dollar/Japanese Yen Analyze (AUDJPY) Daily Timeframe⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Joe Gun2Head Trade - Swing failure on AUDJPYTrade Idea: Buying AUDJPY
Reasoning: Swing failure at 91.08
Entry Level: 91.25
Take Profit Level: 92.00
Stop Loss: 91.04
Risk/Reward: 3.29:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
AUDJPY 4hour Analysis December 18th, 2022AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are overall very bearish looking on AJ but we just hit key support around 91.000. At the moment we may not have any short opportunities but we will be looking for reactions from this zone.
The most likely scenario is that price action will go to form structure and hit one of our key fib levels before continuing bearish.
Trade scenario 2: If we see price action go to retrace we could have a nice counter trend trade on our hands. Look for a strong reversal from 91.000 support and target toward 92.300.
AUDJPY 4hour Analysis December 11th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are still technically bearish on AU although we are seeing a large retrace to our 93.000 resistance zone.
Going into this week we are looking for reactions around 93.000, either a break or bounce of the zone. For us to remain bearish we want to see convincing rejection with strong bearish variations to enter short on.
Trade scenario 2: If we see a break above 93.000 resistance we will be looking more bullish for the coming week.
AUDJPY 4hour Analysis December 4th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking overall bearish on AJ but we are resting at key support near 91.000. From here we need to see a lower high closer to 92.250 to identify a safer short opportunity. We can then re-target 91.000 support.
Trade scenario 2: For us to consider AJ bullish on this timeframe we would need to see a break above 93.000 resistance with a higher low above.
The JPY Looks Ready to Gain Dominance Over Other CurrenciesThe Yen has Positioned itself strongly against the USD, Much more strongly than some other currencies and i think that pace will continue for awhile longer. As of right now the AUD/JPY has a Potential Head and SHoulders Formed on the Daily and if it breaks down i think it will see the 800 Day EMA.
AUDJPY 4hour Analysis November 27th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are looking at some serious consolidation on the daily timeframe however, we are holding at a high so overall we are bullish.
The 4hour is telling us a different story where price action looks like it is ready to fall a bit.
Going into this week we’re simply looking for reactions at our 93.750 zone.
Look for a lower high below 93.750 to confirm downside movement. Target toward 93.000.
Trade scenario 2: If we are to consider long opportunities we would like to see a clear break above 93.750 with convincing bullish variations to enter long on.