Get started

Audjpysell

AUDJPY - SELL OPPORTUNITYAUD - BEARISH 1️⃣ Australia's Victoria state Premier confirmed a record 723 additional coronavirus cases and announced that face masks are now mandatory across the state, while there were later comments from Australian PM Morrison that the coronavirus spike in Victoria state is very concerning. 2️⃣ Consumer prices in Australia declined by 0.3% year-on-year in Q2 2020. This was the first drop in consumer prices since Q3 1997. 3️⃣ All major economic data RBA is negative. 4️⃣ Weaker-than-expected domestic data, which showed that Building Approvals fell to an eight-year low in June. JPY - BULLISH 1️⃣ The Japanese Yen gains as accelerating coronavirus infection rates continued to dampen hopes of recovery for the United States economy. 2️⃣ The recent escalation of diplomatic tensions between the world's two largest economies forced investors to take refuge in traditional safe-haven assets. ===== Technical ===== - We looking to short #AUDJPY on SBR level + SMA 50 area. - AUDJPY in bearish zone.
Short
by MonsunAsia
AUDJPY, 8hr tf, double top possibility and triangle patternThere is a possibility AUDJPY forming a double top on the daily chart. Price also broken below the ascending trend line which has supported AUDJPY for 4 months. Taking a deeper look into 8hr chart there is a possiblity of triangle pattern also forming. Price already broken below the support and currently we are on the retest process of broken support. Sell AUDJPY 75.20-25 Stop loss 75.65 Take profit 1 @74.30 Take profit 2 @73.40
Short
by HayatoDragonFX
AUDJPY - sell?hey traders, As you can see on the 4H chart, price has now broken the uptrend and retested and rejected. It has been in an uptrend in 19th March, I know expect this pair after breaking the trend to continue down until the next support region which is 72.850 which will also be heading towards the 200 SMMA as another confluence. If you look on the daily timeframe, you can see using the fib tool, that the 0.382 region also offers a key support area (highlighted in gold).. Could we see this pair head to the 71.000 region?
by TradewithDann
1