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Audjpyanalysis

AUDJPY | Perspective for the new weekDespite finding a low at around 93.700 area after Australia’s S&P Global PMIs for June; we witnessed a uniform bullish engulfing candle afterwards emphasizing the strength of the buyers at this juncture in the market. In this regard, I have identified a demand zone around 92.500/93.000 which appears to have been a buying niche in the last 10 days. So in this video, the explanation of how to take advantage of either a bullish or bearish momentum in the new week has been duly illustrated. Stay with me as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
AUDJPY Analysis 2h 25/6/2022Update from last weeks post: The analysis did not play out exactly to plan but the bias stayed the same and there were many opportunities despite the rise from the open on Monday. One area I focused on was the grey box which was mentioned in last week's analysis, price was testing this zone as resistance maintaining the bearish bias. so once price broke the grey box i left it alone, setting alerts for the previous high and taking a fib from the swing high on the bigger tf. you can see price broke with volume before basically reversing the exact same way. Once price failed to test the grey box as support i decided to look for a retest as resistance. My entry was 94.452, a quick 3.4R trade and price was back in the bearish narrative on all timeframes. I think it still has more to move but next week will tell.
Short
by ryanc49
AUDJPY | New perspectiveIt is obvious that the AUDJPY displayed extremely volatility after the announcement of the interest rate policy by the Bank of Japan (BOJ) as the policy stance remain unchanged. From a technical perspective, I am of the opinion that the Yen might decline in the new week considering the long-term bullish strength of the Aussie as we witnessed multiple rejections by the buyers of the 92.500 area (61.8% retracement of the prior leading price action) during last week trading session. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
Possible sell opportunity on AUDJPY!The overall trend on this pair is faced to the downside. The pair was trading within a correction for few days and now we see that it has broken below its rising trendline. This can be a sign that bears are breaking out and this could trigger a downside momentum. I have taken short position in this market, my stop loss above the resistance level and I have two targets in mind, 93.509 and 92.235. If you would like to take this trade with me, be advised to follow your own trading plans and rules. Otherwise I will be happy if you support my idea with likes if you find it helpful.
Short
by Forexintelligence_NA
4
AUDJPY Analysis 1h 19/6/2022 Benn a while thought I would share a trade that I think has a high probability of playing out, there are several reasons for this and of course it could all change on Mondays open. Looking for a short to recover this clean move here, not targetting the full move but you could easily leave 20% of the trade to run just in case it takes the full thing out (if the trade plays in my direction it will take out the full move) but I'm not looking to get into choppy price action, I'm hoping this is a volatile push down catch my profit and I'm out. 2 things that could happen, my entry is hit perfectly and price starts dropping which is the best-case scenario or the price comes up to make another lower high wait for that to happen and get in on the way back down. Price has made a double top pattern, i don't put much trust into these patterns but for me it makes a lot of sense that we don't go much higher than my orange line, i am totally fine having multiple attempts at this trade because when it goes it should be a 9R position so taking 2 entries makes sense. Monday will tell exactly what's going to happen but based on price action this is what i see.
by ryanc49
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS- AUDJPY Must understand the MARKET SENTIMENT before doing TRADE. The current SENTIMENT has a very NEGATIVE SENTIMENT. Then you have to look for an understanding of VIX INDEX and JAPANESE FEATURE CHART. Then you need to see what happens in EQUITY MARKETS. Especially the Snp500 CHART. Then you need to understand DIVERGANCE and MARKET STRUCTURES. Having an understanding of COMMODITIES is a must. - The AUD FEATURE went down a bit last week because the markets continued to RISK OFF. The AUD FEATURE is at 0.7025 LEVEL. JXY is currently down a bit. According to the MARKET SENTIMENT and the AUD can be slightly STRONG again. AUDJPY is priced higher than DYNAMIC LEVELS. - Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also EQUITIES is giving a slightly DOWN SIDE Tone. VIX INDEXES UP UP. But they can be UP. Also COMMODITIES now shows a DOWN SIDE BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So be on the lookout, maybe in the NEWYORK SESSION in the market, maybe RISK ON today is Monday. - You can go back to 96.90 LEVEL before the AUDJPY PRICE is down. Then it can be sold at 89.70 LEVEL. Buying AUDJPY is a bit risky if VIX is UP. Currently VIX is DOWN. So wait until the VOLATILITY GREEN to buy the AUDJPY SELL BUY after the MORKET has a CORRECTION of around 92.365 LEVEL.
by benny_marshall