AUDJPY
AUDUSD SHORTConfirmations that we have:
1. Rising wedge break/Retest
2.RSI Divergence 1h/4h
3. 21/8 crossover
4. double top break/retest
5. Hit Fib 50-61%
Buy signal on AUDJPY (With TP and SL)Hello.
Here is an analysis on AUDJPY
TP 73.800 And SL68.800
The pair has clearly hit the Support and is going upward.
Don't miss the great sell opportunity in AUDJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (73.17). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
Take Profits:
TP1= @ 72.40
TP2= @ 71.80
TP3= @ 70.90
SL: Break Above R2
AUDJPY LONG @ DAY CHARTAUDJPY
The fundamental factor causing the negative pressure on JPY and the industrial outputs are stumbling and BOJ are in the verge to cut the rates in coming months
this pair currently trading at 76.350 level and may retrace back towards 75.850
There we may open the buy orders and potential take profit will be 78.650. Its a 280 pips target.
Stop lose may placed at 75.100
Leave your valuable comments
What to expect today on AUD/JPYDivergence on the bottom, price trying to break a bearish TL, wait for a possible fake out, then go long.
Long set up on AUD/JPY We can see the divergence on the bottom that the TDI is telling us, plus direction of the EMAs.
AUDJPY bear setupAUDJPY has been moving sideways after the bear wave downwards. The setup provides a good risk reward for resumption of the bear trend.
AUDJPY Short SetupFX:AUDJPY Short at 74.67 with SL 74.95 and TP 73.83
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
AUDJPY: BUY ABOVE 83, Stoploss 82.50 Target 84.20AUDJPY is likely to breakout sooner than later. Buy ONLY ABOVE 83 with Target of 84.20 and Stop-loss of 82.50
Bearish on AUDJPYAUDJPY Seems to be giving multiple bearish signals with the price action ahead. I'd prefer to go short along these levels.
i want to join it again on its original TTF . i make my entry little bit low because i want nice RR .
