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audjpy

AUDJPY, H4 | Bearish Dip!

Type: Bearish ReversalKey Levels:Resistance: 82.916Pivot: 82.428Support: 81.687Preferred Case:Prices are on bearish momentum and have potentially formed a double top pattern. We see the potential for...

FOMO Friday: AUDJPY On The Rocks

COVID Fears ReturnAnother week winds down, bringing us just that bit closer to the end of the year. It’s been a week of uncertainty for most, given the return of COVID fears created by the Omicron...

AUDJPY, H4 | Bearish Continuation

Type: Bearish ReversalKey Levels:Resistance: 83.673Pivot: 83.262Support: 82.136Preferred Case:Price is abiding to the descending trendline, signifying a bearish momentum. We can expect price to drop...

Market Spotlight: AUDJPY Hits Second Target

Longs Pay OffThe breakout trade in AUDJPY has proved to be one of the best performing trade ideas recently. Price has now hit the final 85.43 target following the breakout above 82.02. Currently,...

Market Spotlight: AUDJPY Hits Initial Target

AUDJPY Sees Lift OffThe AUDJPY channel break trade is kicking into gear now with price hitting the 83.94 initial target following the breakout above 82. With both MACD and RSI giving firm bullish...

Market Spotlight: AUDJPY Threatening Channel Break

AUDJPY Reversal RisksThe decline from YTD highs in AUDJPY has seen price moving lower within a well defined bearish channel. However, over recent decline we have seen bullish divergence building in...

Market Spotlight: AUDJPY Hits Downside Target

AUDJPY Continues LowerThe recent AUDJPY short-trade has seen the market rolling over with price breaking down below 80.69, hitting the initial target at 79.57 and continuing lower thereafter. Fresh...

Market Spotlight: AUDJPY First Target Hit

AUDJPY Breaks LowerThe AUDJPY short trade is developing well now with price having broken through the initial target at 80.69. With MACD and RSI both bearish here, there is room for a continuation...

Market Spotlight: AUDJPY Short Update

AUDJPY Turning Lower Again The AUDJPY breakdown trade was triggered on the initial move below 82.02. Despite a pullback above the level, price subsequently ran into further selling pressure on a...