Get started

Australian Dollar / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

AUDJPY trade ideas

Potential bearish drop?AUD/JPY is rising toward a resistance level, which acts as a pullback resistance aligning with the 38.2% Fibonacci retracement. A rejection at this level could indicate a double top pattern, potentially leading to a price drop toward our take profit target. Entry: 101.961 Why we like it: There is a pullback resistance level which lines up with the 38.2% Fibonacci retracement. Stop loss: 102.878 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Take profit: 99.954 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
AUDJPY Analysis (2nd May 2024) AUDJPY Analysis On the 1 Hour timeframe, price has rejected off a high probability orderblock and coming lower after a strong rejection off the orderblock. There are 2 scenarios i am looking at: 1) Price comes down and breaks the most recent higher low at 102.204 to look for a break and retest on the 1 hour to continue shorting. 2) price to respect the 1 hour OB and create a 5/15 minute change of character before looking for confirmations to long. It is important to take into account what the JPY Basket does as it tells us how strong or weak the yen is.
by CallistoFX
BUY AUDJPY for uptrend continuationBUY AUDJPY for uptrend continuation STOP LOSS : 100.57 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
Long
by BALE_FX
AUDJPYA breakout strategy is a popular trading strategy used in financial markets, especially in technical analysis. It involves identifying key levels of support and resistance on a price chart and trading the subsequent breakout from those levels. Here's how it generally works: 1. **Identifying Support and Resistance**: Traders first identify significant support and resistance levels on a price chart. Support is the level where the price tends to find buying interest, preventing it from falling further. Resistance is the level where the price tends to encounter selling interest, preventing it from rising further. 2. **Waiting for Breakout**: Once support and resistance levels are identified, traders wait for the price to break out above resistance or below support. The breakout is typically confirmed when the price closes above resistance or below support, preferably on higher than average volume. 3. **Entry**: Traders enter positions in the direction of the breakout. For a bullish breakout (above resistance), they might buy, while for a bearish breakout (below support), they might sell short. 4. **Stop-loss and Take-profit**: Traders usually place stop-loss orders to limit potential losses if the breakout fails to sustain. Take-profit orders are placed to secure profits if the price moves significantly in the desired direction. 5. **Confirmation and Monitoring**: Some traders prefer to wait for confirmation of the breakout by waiting for the price to pull back and retest the breakout level. If the level holds as support or resistance after the breakout, it adds confirmation to the trade. Traders then monitor the trade's progress and adjust stop-loss and take-profit levels as necessary. 6. **Risk Management**: As with any trading strategy, risk management is crucial. Traders should only risk a small percentage of their trading capital on each trade and ensure their risk-reward ratio is favorable. Breakout strategies can be applied to various timeframes and markets, including stocks, forex, commodities, and cryptocurrencies. However, false breakouts are common, so traders should use additional indicators or confirmatory signals to increase the probability of successful trades. Additionally, it's essential to consider the overall market conditions and factors that could influence price movements.
Long
by B9A-88652-NisarAhmad
AUDJPY : REBOUND- The market trades above a bullish trendline since the 19th of April ; The short-term trend is bullish - Since the bullish acceleration that lead the market to a 5-months high, prices have registered a sharp pull-back. This bearish correction took the market back to the double support zone : trendline + 50% Fibonacci level. The Ichimoku indicator still displays a bullish environment : the Kijun line hasn't been broken and remains bullish while the cloud gets thicker. - Despite the sharp bearish price action that took place since the impact below 104.959, this situation doesn't threaten the bullish trend so far. The quick reaction of buyers over the 50% zone, below the trendline, contributed to keep the bullish trend alive. With that in mind, a market rebound to 103.060, 104.959 and beyond stays as the most likely scenario. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
Long
by ActivTrades
AUDJPY - SHORTAUDJPY - SHORT AUDJPY its in historical high, its should drop harder or make bigger corrective structure, minimum of 300pips or more then 500+, wait for the sell setup on this level and enter, can use small time frame to enter, risk small and ride all the way. jpy pairs sometimes spick up hard before fall, so always use Stop lost, everyone will be looking for the sell so market makers will make sure all of them out before fall buy sick up hard with wick. V.Ragu
Short
by Ragunath-London
4
AUDJPY Short Trade Setup A #short trade opportunity recently presented itself on the #aussieyen (#AUDJPY) #trading chart 📉. This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 100.972 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward momentum should see price dumping towards the 98.500 psychological level and possibly testing the strength of the 98.056 horizontal support level. As always, please apply appropriate risk management. Happy trading! #crosspair
Short
by charles-okoukoni
1