DCF Bets: AUD-5/JPY+7Today offers an opportunity for a short bet on AUD-5/JPY+7 with a minimum risk-to-reward ratio of 1:2.
I have set a limit order at the start of AUD's supply zone, which will expire by the end of the day at 23:00 GMT+2.
AUDJPY trade ideas
4. AUD/JPYAUD/JPY
Actually the trend went pretty well. Jus made the mistake of placing Adjusted Stop Loss on profit, to near to price. Eventually, on a retracement, price touched SLP and later returned to trend. Then it rocked on bull direction
AUD_JPY BULLISH REBOUND|LONG|
✅AUD_JPY was falling down
But then hit a nice horizontal
Support level of 104.640 from
Where we are seeing a bullish
Rebound so as the pair is
Trading the uptrend overall
We are locally bullish biased
And we will be expecting a
Further move up
LONG🚀
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Bearish Continuation in AUD/JPY with Strategic Entry & TP LevelsThe AUD/JPY pair shows a strong bearish continuation pattern following yesterday's CPI data release. A Lower Low (LL) formed after the Higher Low (HL) breakout, with significant rejection at a key Resistance Area, aligning with the 38.2% Fibonacci Retracement Level.
Analysis:
Price Rejection at Resistance
The rejection at the Resistance Area, coupled with the 38.2% Fib Level, suggests strong bearish pressure.
Bearish Continuation:
The LL formation post-HL breakout confirms a bearish trend. A break below 106.700 signals further downside potential.
Trading Strategy:
Entry
Enter at 106.700 on LL breakout.
Stop Loss
Place SL at 107.980, above the resistance.
Take Profit
TP-1: 105.420
TP-2: 104.140
Conclusion:
The technical indicators and price action confirm a bearish continuation. Enter at 106.700, with a stop loss at 107.980, targeting profits at 105.420 and 104.140 for an effective trading strategy.
Bullish rise?AUD/JPY has just reacted off the pivot and could potentially rise to the pullback resistance.
Pivot: 104.87
1st Support: 103.96
1st Resistance: 105.90
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUD/JPY looks set to bounce from OS levelsAUD/JPY fell nearly -4.5% since the MTD high to today’s low. And as AU employment has raised the takes for another RBA hike – even if only very slightly – we suspect further upside over the near term. Besides, assuming the MOF did intervene on the yen on Wednesday, it seems unlikely to be followed up with more action today. And that could allow the yen to drift lower and provide a slight tailwind for AUD/JPY.
The daily RSI (2) reached oversold on Wednesday. Today we have seen prices open above the April high, dip beneath it and back again. This could suggest we have already seen the daily low. The 4-hour RSI (14) is well within its oversold zone, and two very negative delta volumes (bids – asks) suggests some bears got greedy on the way down. Besides, volumes were also relatively thin in the recent leg lower looking at the volume profile, hence the bias for a corrective bounce towards 106.
Bulls could seek dips within the prior 4-hour bullish pinbar with a stop below.
AUDJPYWe can attempt to short AUDJPY from specified level as it break HL , also making wedge pattern (reversal pattern) , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
Audjpy remains Bearish Audjpy on my tf 4hr awaited till it choch @106.531 i relay mostly on Fvg and ranges when the price retraced and retried @ 105.736 I placed a sell order targeting 2nd tp for aggressive traders @ 104.753 still bearish hope my idea will bear fruits and I hope it will help someone out there am not so much in typing of ideas in this platform
#AUDJPY
According to the analysis of two months ago, Maree touched all the buying targets and entered the sales position in the supply area
A swing setup on AUDJPY.AUDJPY has broken structure on D1 TF and its now retracing its way down to the 50% Fibonacci zone ,be ready to long .
Also ,JPY index will soon resume selling after this short pullback.
Goodluck.
AUDJPY Is Very Bullish! Buy!
Please, check our technical outlook for AUDJPY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 106.858.
The above observations make me that the market will inevitably achieve 107.392 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
AUDJPY Easy Long AUDJPY touches down on its daily value zone several times. Entry long with target in the 61.8 retracement area. 1 H Delta just before positive.
Potential bullish bounce?AUD/JPY is reacting off the pivot which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 106.65
1st Support: 107.83
1st Resistance: 107.83
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUD_JPY LONG FROM SUPPORT|
✅AUD_JPY is trading along the rising support
And as the pair is retesting it
I am expecting the price to go up
To retest the supply levels above at 107.360
LONG🚀
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AUDJPY - Looking Toppish! BIG Drop Inbound!All JPY pairs look like they're at the very top of their patterns.
AUDJPY is currently confined within a parallel channel and we're at the very top of the pattern.
We are now looking for any reversal signs on lower timeframe to indicate that the top is in. There's a number of ways this can be done.
1. Trendline Break
Watch for price to break a trendline that price has been respecting
2. BOS
Watch for price to break a significant swing point
3. Moving Average break
Watch for price to break a moving average that has been respected well
Any of these could be the first signs that the reversal is taking place. If we get more than 1 signals, it will give us even greater confidence that the reversal is taking place.
These methods can be applied to any timeframe.
For the higher timeframe, the break of red trendline shown in the chart can be used as an indication that the reversal is taking place.
What do you guys think?
Goodluck and as always, trade safe!
AUDJPY - 27 Year Old Resistance Breakout - Bullish ContinuationFX:AUDJPY has broken through 27 year old resistance zones and currently undergoing a retracement! Expecting the bullish momentum to continue and will capitalise by plaicing a Buy Limit Order between Daily 0.618 and 0.786 Fib Levels!
AUDJPY is BearishPrice has given a strong breakout downwards and it seems that a lower high is almost printed indicating that bears are in control of the price action. If previous lower low is broken successfully, we can expect further dump in price. Targets are mentioned on the chart.
AUDJPY - LONG!Potential set up forming here!
AUDJPY
AUDJPY has been in a bullish movement for a few weeks now. As this move is begging to slow in momentum, we can see a continuation pattern forming; Ascending Triangle. Its important to note that these patterns are no guarantee in where price will move, but we can have a look at some factors which may suggest a bullish move soon.
What to Look Out for:
- Ensure all moving averages align with the current uptrend
- Indicator suggesting bullish movement (MACD)
- Looking for a 'straight line' resistance, and a support line where price is increasing (highlighted on the chart)
- A strong break out of the resistance zone (marked as 108.58); This is very important as we often see 'fake outs' occur here.
AUDJPYIn my opinion, the AUD/JPY currency pair is poised to decline in the coming days, continuing until it reaches the marked support level. Several factors contribute to this outlook, including recent economic data, market sentiment, and technical indicators. The Australian dollar may face pressure due to potential dovish signals from the Reserve Bank of Australia, while the Japanese yen could gain strength as a safe-haven asset amid global uncertainties. As a result, I believe that the AUD/JPY pair is likely to move downward in the near term, heading towards the specified support zone.
AudjpyAudjpy on 1 week and 1 day is on a uptrend but we have a change of structure on the 4h so we will be looking for short positions on audjpy
AUDJPY buy ideaAfter yesterday CPI news, the JPY yen crazily bullish move and is expected to start bearish journey..
Then AUDJPY bullish move will trigger..wait for perfect time to place trade and ride in profit.
Good luck followed are friends
SELL AUDJPYAfter days of pushing higher and higher AUDJPY is ready for pullback. In todays session we are monitoring for a strong drop from 108.800 to lows below 107.800 and subsequently 107.00 stops are above 109.100, Use proper risk management.
AUDJPYThis market has reached
an extreme high not seen
since '07. A quick view of this
on the Monthly show price eventually
dropped 5000 pips. There is a bearish
harami pattern forming on the weekly,
on the daily a massive bearish engulfing
candle has printed.RSI showing divergence
on 4hr. There is noticable
daily and 4hr imbalance, that i would like
to see filled and show a reaction before
going short.
This would be a counter trend because are still
bullish but this could be a good opportunity for
big win.
