AUDJPY Bull Flag broken upwards. Buy opportunity.AUDJPY crossed today over the MA50 (4h), breaking at the same time above the 10 day Bull Flag pattern.
All this after holding the MA50 (4h) as Support.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 97.675 (Resistance 1).
Tips:
1. The RSI (4h) broke above its Resistance. An additional bullish signal.
Please like, follow and comment!!
Aud-jpy
AUDJPY - Short-Term Bullish ExpectationThis is a combined chart using the Futures contract for the Aussie and the Yen
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- WYCKOFF
- ETC
AUDJPY to breakdown from a bearish flag?AUDJPY - 24h expiry
The move lower is mixed and volatile, common in corrective sequences.
The previous low is located at 95.80.
The current move lower is expected to continue.
A move through 95.80 will confirm the bearish momentum.
Short term RSI has turned negative.
We look to Sell a break of 95.77 (stop at 96.27)
Our profit targets will be 94.57 and 94.37
Resistance: 96.55 / 96.75 / 97.00
Support: 95.80 / 95.00 / 94.00
Risk Disclaimer
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.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUDJPY Excellent long term sellAUDJPY got rejected this week just before hitting Resistance A that is the High of September 13th 2022.
Any rebound is a strong sell opportunity now as even the 1day RSI crossed under the MA level after becoming the most overbought its been since March 2022.
The September 2022 peak got rejected back to its Fibonacci 0.618 level.
Sell and target the new Fibonacci 0.618 which is at 90.350.
Follow us, like the idea and leave a comment below!!
AUDJPY to find buyers at market?AUDJPY - 24h expiry
Previous support located at 96.50.
Previous resistance located at 97.00.
There is no clear indication that the upward move is coming to an end.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
We look to Buy at 96.00 (stop at 95.50)
Our profit targets will be 97.20 and 97.45
Resistance: 97.00 / 97.25 / 97.50
Support: 96.50 / 96.00 / 95.50
Risk Disclaimer
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.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUDJPY Double Sell SignalThe AUDJPY pair has been trading within a Channel Down pattern since the October 21 2022 High. Supported by the 1D MA50 (blue trend-line), it not only entered yesterday the Resistance Zone of December 13, but also reached the top (Lower Highs trend-line) of the Channel Down.
This is a Double Sell signal and as long as candles close below it, we will be selling towards Support 1 and the bottom (Lower Lows trend-line) of the Channel Down at 85.100. If a 1D candle closes above the Resistance Zone, we will continue buying for a short-while and target Resistance 2 (95.750).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
AUDJPY Potential UpsidesHey Traders, in the coming week we are monitoring AUDJPY for a buying opportunity around 91.700 zone, AUDJPY was trading in a downtrend and successfully managed to break it out. Currently AUDJPY is in a correction phase in which it is approaching the retrace zone at 91.700 support zone. Fundamentally with current inflation issues in Australia further rate hikes are expected from RBA which should trigger AUD strength.
Trade safe, Joe.
AUDJPY to find buyers at previous swing highs?AUDJPY - Intraday
Previous support is located at 91.50.
Previous resistance located at 92.00.
The trend of lower intraday highs at 92.00 needs to be broken to confirm a reversal.
Risk/Reward would be poor to call a buy from current levels.
The RSI is trending higher.
We look to Buy at 91.25 (stop at 90.90)
Our profit targets will be 92.15 and 92.25
Resistance: 92.00 / 92.25 / 92.50
Support: 91.50 / 91.25 / 91.00
Risk Disclaimer
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.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUDJPY: Rejection on 1D MA200 and Channel's Top. Sell.AUDJPY has now had two rejections in less than a week on the 1D MA200, which is also at the top of the six month Channel Down pattern. The 1D technicals have already turned neutral (RSI = 50.136, MACD = 0.500, ADX = 19.362), the 1D RSI has been trading sideways inside a Rectangle while the price was on HH/ HL, which indicates a Bearish Divergence and the confirmation for a complete bearish reversal will come if the price crosses under the 1D MA50.
This is technically the bearish leg to the new LL of the Channel Down. We are targeting the S3 (TP = 86.050).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
AUDJPY UPDATE I posted about AUDJPY before and I’m a show in this chart because it has been performing expected. Currently it seems that it is having a retracement and may try to break above the resistance level/ double top that it created. However, it is not clear that it will keep the clean structure that he has right now. Manage risk is a top priority I will keep updating. Note. AUDJPY has a correlation with CADJPY and other JPY pairs
AUDJPY is getting excitingly bullishToday we say the break above the downtrend trendline, and this is after the uptrend trendline has been respected. HH and HL pattern validates an uptrend and we should continue the price journey north. A little pullback is healthy, and this is where we'll go for our long position.
AUDJPY to stall at trend of lower highs?AUDJPY - 24h expiry
The downward trending resistance line at 91.30 should provide the ideal target and fade level as medium term bears build positions into the current strength.
Previous support level of 90.50 broken.
The trend of higher intraday lows has also been broken.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
Preferred trade is to sell into rallies.
We look to Sell at 91.22 (stop at 91.65)
Our profit targets will be 90.25 and 90.05
Resistance: 91.30 / 91.90 / 92.32
Support: 90.00 / 89.15 / 88.50
Risk Disclaimer
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.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUDJPY Potential DownsidesHey Traders, in the coming week we are monitoring AUDJPY for a selling opportunity around 92 zone, AUDJPY is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 92 support and resistance zone.
Trade safe, Joe.
AUDJPY Potential downsidesHey Traders, in today's trading session we are monitoring AUDJPY for a selling opportunity around 89.800 zone, AUDJPY is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 89.800 Resistance zone.
Trade safe, Joe.
AUDJPY to find support at previous resistance?AUDJPY - 24h expiry -
Previous support located at 90.50.
Previous resistance located at 91.00.
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
We look to Buy at 90.05 (stop at 89.62)
Our profit targets will be 91.02 and 91.22
Resistance: 91.00 / 91.50 / 92.00
Support: 90.50 / 90.00 / 89.50
Risk Disclaimer
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.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUDJPY: Testing the 1D MA50, approximating the perfect shortAUDJPY continues to trade inside a Channel Down, testing today the 1D MA50 after a continuous 1 month counter trend rise. For the time being this is rise similar to the one that was completed on February 14th and made the latest Lower High on the Channe Down. The ideal short entry is between R1 and the 1D MA200. We set a long term target on AUDJPY on the bottom dotted trendline (TP = 85.000).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
AUDJPY Sell opportunity on a Double Channel Down pattern.The AUDJPY pair is trading inside Channel Down pattern since the September 13 2022 High that is diverging some (dotted lines) to the 1D MA200 (orange trend-line). At the moment the price is ranged within the 1D MA50 (blue trend-line) and 1W MA100 (red trend-line).
Having previously broke below the 1W MA100, the current level is an ideal sell entry and with the 1D RSI showing similarities with with late 2022, we will target 83.450 as a Lower Low.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇