AUD/JPY LONG PROBABLE TARGET WITH CHART PATTERNTHIS CHART PATTERN IS CALLED THE WOLFIE WAVE; YOU LOOK FOR A CLEAR FIVE WAVE GYRATION, THEN ON THE FIFTH WAVE WHICH IS USUALLY THE BREAK OUT AND THE LONGEST WAVE, YOU CONNECT THE POINTS 'ONE' AND' FOUR' PROJECTING INTO THE FUTURE AND WHEREVER PRICE OVERLAPS IN THE FUTURE IS A REASONABLE TARGET FOR LONG AND THE WAVE FIVE.........ITS USUALLY NOT THE BE ALL AND END ALL, YOU LOOK PROBABLY CLOSELY IF ONE SEES IT BEFORE DECIDING TO HIT THE TRIGGER
Audjpylong
AUD/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
AUD/JPY: Daytrade-Preparation
Market-Buy: 77,100
Stop-Loss: 76,800
Point-Of-Risk-Reduction: 77,250
Take-Profit: 77,595
Stop-Loss: 29 pips
Risk: 0,5% - 1%
Risk-Reward: 1,75
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Peace and good trades
Irasor
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Any questions? PM me. :-)
AUDJPY - Bullish BiasAUD - BULLISH
1️⃣ Risk appetite increased after Moderna Inc said it had applied for US emergency authorization for its COVID-19 vaccine. Moderna’s candidate is the second vaccine likely to win US approval for a potential rollout this year.
2️⃣ Investors also cheered remarks from the RBA saying that domestic economic recovery was under way and recent data has generally been better than expected.
3️⃣ The IHS Markit Manufacturing PMI posted the fifth straight month of expansion and also the highest for nearly three years.
JPY - BEARISH
1️⃣ Japan’s government vowed to compile a stimulus package to help the economy mitigate short-term economic impacts from a recent acceleration in coronavirus infections.
2️⃣ Japan’s unemployment rate inched up to 3.1% in October, the highest since May 2017.
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Technical
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We are looking to buy the AUDJPY at the support of 76.500 on the H1 chart.
AUDJPY, 4hr tf, buy strong resistance breakoutHello my friends,
For today we are going to buy AUDJPY pairs.
This 76.95 has acted as strong support and resistance previously.
Today we finally see price closd above it with an engulfin candle as well.
Because price took down 76.95 as resistance, then it will now become a support and i believe it is going to be a strong support
We could see AUDJPY continue north to 77.70 area.
This is a 3R setup trade so it is worth to take in my opinion.
Buy AUDJPY 76.95
Stop loss 76.70
Take profit 77.70 (3R)
RR ratio 1 : 3
Use only 1-2% risk
Good luck
AUDJPY - Bullish BiasAUD - BULLISH
1️⃣ The global risk sentiment remained well supported by the optimism over COVID-19 vaccine.
JPY - BEARISH
1️⃣ COVID-19 vaccine optimism undermined the safe-haven JPY.
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Technical
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We are looking to buy the AUDJPY at the support of 76.00 + above SMA 50 on the H1 chart.
AUDJPY 180 pips bounce was expected will it reach September highAUDJPY
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⏳H4 chart
🎲 Detailed analysis
⛳️Bullish entry / Alternative bearish entry
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Detailed analysis 💬
1️⃣ Bullish flag formation 76.000 support
2️⃣ 76.550 October month high
3️⃣ Positive risk sentiment, Vaccine news
4️⃣ 75.800 50% Fibonacci Dynamic support and resistance
5️⃣ 78.450 September high acted as strong resistance-Key trend reversal area
6️⃣ 75.640 Point of control - Volume profile
7️⃣ Technical support - Bullish
8️⃣ 78.450 will acted as key reversal-bearish
9️⃣ AUDPY trading within a broad rising channel
🔟 Possible swing target-78.450
#️⃣ Overall long-term trend- Bullish
—————-❇️——————-
📉 Technical bias-Day-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bullish
Relative strength index - well above 60 - Bullish trend
MACD -Histogram is still in green zone, Oscillators are pointing upward
Stochastic - Reached around 75- overbought condition will give a short term fall back expected
Ichimoku cloud -cloud is still red and about to turn as green-Price is well above the cloud
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected
—————-✳️——————-
Key reversal area's
72.000 psychological level
75.640 Point of control area Volume analysis
78.350 Sep month high
76.200 Break and retest area
78.000 Major psychological level
76.450 Possible entry- Bull
78.350 Sep month high/ Alternative bearish entry
—————-✳️——————-
[bBullish entry #yen #kiwi #nzdjpy
Entry price - 76.450
Take profit 01 - 77.300
Take profit 02 - 78.350
🚫 Stop lose 79.950
⬆️ 2.49 Growth expected
⤴️ Account growth .65: 2.49
✅ Risk reward ratio 1 : 3.8
—————-⚜️——————-
Push the like button , And cheer up if you found useful
AUD/JPY BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
AUD/JPY: Day-Swingtrade-Preparation
Market-Buy: 75,970
Stop-Loss: 75,480
Target 1: 76,450
Target 2: 76,680
Target 3: 77,050
Stop-Loss: 49 pips
Risk: 0,5% - 1 %
Risk-Reward: 2,30
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
AUDJPY - SWING - 23. NOVE. 2020Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Bullish market open and pressure.
4 HOUR
Overall bullish market structure with a pullback.
DAILY
Expecting further upside movement!
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FOREX SWING
BUY AUDJPY
ENTRY LEVEL @ 75.940
SL @ 75.470
TP @ 76.610
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDJPY - Buy - Daily ChartAUDJPY - Buy - Daily Chart
Buy @ Current Price
Buy @ Pull back to approx 75.9160
Strong Support @ 75.769
M30 & H1 charts showing a change in direction to bullish from the Support @ 75.769
M30 & H1 charts showing higher bottom formed from the Support @ 75.769
Stop Loss @ 0.5% to 1% of your Account Balance
Take Profit @ 78.453
Please share your opinion in the comments, and support the idea with a Like 👍
Thank you for your support 😊
Wishing you successful trading 🙏
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🔺 Disclaimer! The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
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AUDJPY triangleThis week started with a impulse movement.
Yesterday things calmed down and managed to form many models of technical analysis that allow us to trade.
Triangles are currently forming in many places.
But still a small part of them have broken through and started executing, so they need to be monitored.
But the triangle at AUDJPY already has a break and has started its movement!
Here we expect the price to continue to the following resistance levels:
77.20
77.50
77.85
The model breaks down when the previous bottom breaks!
To support us, like and comment!
AUDJPY UPTRENDAUDJPY
Right now the price seems to be moving on the upside, so I’m hoping for the price to respect the purple dotted line and go back up to reach at least the red dotted line near level 76.
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En este momento el precio parece estar moviéndose a la alza, y yo espero que el precio vuelva a tocar la linea punteada o al menos que la respete y siga subiendo hasta llegar a la linea punteada roja cerca del nivel 76.
AUD is pushed high - How To React - AUDJPY Market OutlookShort term outlook of the Australian market: AUD is pushed to the upside after fundamental drivers that gave confidence to buyers
Q: Should I buy AUD now?
A: Not right now. Wait for correction, and then after choosing a pair that is mainly driven by AUD at that time, start loading longs.
Q: Why would AUD continue rallying high?
A: The catalyst of that bullish movement was the RBA dovish shift, which was followed by rate cuts. Investors considered that this is a brilliant time to own Australian Dollars, so they start buying. Nobody knows if the currency of Oceania will fall again but the current situation is more likely to have created fresh solid ground for bulls to start building high, after a medium-term bearish market.
AUDJPY Market Outlook:
Sentiment: Medium-term Bearish - About to shift to bullish
Pattern: Price was moving in a falling wedge which broke on the US election day and it might be catalyst for more upward momentum
Important Levels:
74.000 seems to be a strong long-term support for now.
74.200 is short-term S/R and behaves like a pivot level, meaning that we're bullish above it and bearish below it
Buy zones: We use 74.200 as a buy zone as we see that the upper limit of the wedge and the Daily level meet there. RSI is also indicating bullish momentum and it can be a reliable signal on when to buy.
Hope you liked this market outlook! Happy trading! :)