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Audjpysell

AUDJPY bouncing off nicely from our support, remain bullishBuy above 85.36. Stop loss at 84.39. Take profit at 86.67. Reason for the trading strategy (technically): Price has dropped to our buying entry and bounced off perfectly. We look to buy on dips above 85.36 support (Fibonacci retracement, horizontal pullback support, price gap) for a further push up to at least 86.67 resistance (Multiple Fibonacci retracement, horizontal pullback resistance). Stochastic (89,3,1) warns that we are seeing immediate resistance so we should exercise caution on this trade.
Long
by MEX_Exchange
AUDJPY remain bullish for a further riseBuy above 85.36. Stop loss at 84.39. Take profit at 86.67. Reason for the trading strategy (technically): Price has shot up as expected and is fast approaching our profit target. We look to buy on dips above 85.36 support (Fibonacci retracement, horizontal pullback support, price gap) for a further push up to at least 86.67 resistance (Multiple Fibonacci retracement, horizontal pullback resistance). Stochastic (89,3,1) warns that we are seeing immediate resistance so we should be expecting a drop soon for us to get in at a cheaper price.
Long
by MEX_Exchange
AUDJPY bouncing nicely and making a bullish exit, remain bullishBuy above 84.53. Stop loss at 83.57. Take profit at 86.67. Reason for the trading strategy (technically): Price has started to bounce nicely from our buying area and recent price action sees a bullish exit being triggered. We remain bullish above major support at 84.53 (Fibonacci retracement, long term horizontal overlap support, bullish divergence) for a push up to at least 86.67 resistance (Multiple Fibonacci retracements, horizontal pullback resistance). Stochastic (89,3,1) is seeing bullish divergence vs price signalling that a reversal is impending. We can also see a bullish exit triggering further bullish momentum.
Long
by MEX_Exchange
AUDJPY still on our buying entry, remain bullishBuy above 84.53. Stop loss at 83.57. Take profit at 86.67. Reason for the trading strategy (technically): Price continues to test our buying area. We remain bullish above major support at 84.53 (Fibonacci retracement, long term horizontal overlap support, bullish divergence) and we look to play a bounce above this level to push price up to at least 86.67 resistance (Multiple Fibonacci retracements, horizontal pullback resistance). Stochastic (89,3,1) is seeing bullish divergence vs price signalling that a reversal is impending.
Long
by MEX_Exchange
AUDJPY bouncing up perfectly, remain bullishBuy above 84.53. Stop loss at 83.57. Take profit at 86.67. Reason for the trading strategy (technically): Price is starting to bounce off our buying level. We remain bullish above major support at 84.53 (Fibonacci retracement, long term horizontal overlap support, bullish divergence) and we look to play a bounce above this level to push price up to at least 86.67 resistance (Multiple Fibonacci retracements, horizontal pullback resistance). Stochastic (89,3,1) is seeing bullish divergence vs price signalling that a reversal is impending.
Long
by MEX_Exchange
1
AUDJPY playing a corrective bounceBuy above 84.53. Stop loss at 83.57. Take profit at 86.67. Reason for the trading strategy (technically): Price is on major support (Fibonacci retracement, long term horizontal overlap support, bullish divergence) and we look to play a bounce above this level to push price up to at least 86.67 resistance (Multiple Fibonacci retracements, horizontal pullback resistance). Stochastic (89,3,1) is seeing bullish divergence vs price signalling that a reversal is impending.
Long
by MEX_Exchange
AUDJPY testing major support, remain bullishBuy above 84.57. Stop loss at 83.63. Take profit at 86.67. Reason for the trading strategy (technically): Price is still testing major support at 84.57 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) and we expect to see a bounce above this level to push price up to at least 86.67 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (34,3,1) is seeing strong support above 6.1% where we expect a corresponding bounce from. Correlation analysis: We’re expecting JPY weakness with USDJPY expecting a bounce too.
Long
by MEX_Exchange
2
AUDJPY remain bullish on strong supportBuy above 84.57. Stop loss at 83.63. Take profit at 86.67. Reason for the trading strategy (technically): Price is now back to support area. We remain bullish looking to buy above major support at 84.57 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to push price up to at least 86.67 resistance (Fibonacci retracement horizontal pullback resistance). Stochastic (34,5,3) is seeing strong support above 6.1% where we expect a bounce from.
Long
by MEX_Exchange
1
AUDJPY remain bullish as our bounce is in progressBuy above 84.57. Stop loss at 83.63. Take profit at 86.67. Reason for the trading strategy (technically): Price has started to bounce nicely off our major support as expected. We remain bullish looking to buy above major support at 84.57 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to push price up to at least 86.67 resistance (Fibonacci retracement horizontal pullback resistance). Stochastic (34,5,3) is seeing strong support above 6.1% where we expect a bounce from.
Long
by MEX_Exchange
2
AUDJPY starting to bounce nicely, remain bullishBuy above 84.57. Stop loss at 83.63. Take profit at 86.67. Reason for the trading strategy (technically): Price has started to bounce nicely off our major support as expected. We remain bullish looking to buy above major support at 84.57 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to push price up to at least 86.67 resistance (Fibonacci retracement horizontal pullback resistance). Stochastic (34,5,3) is seeing strong support above 6.1% where we expect a bounce from.
Long
by MEX_Exchange
AUDJPY testing major support, look for a long term bounceBuy above 84.57. Stop loss at 83.63. Take profit at 86.67. Reason for the trading strategy (technically): Price is now approaching major support at 84.57 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to push price up to at least 86.67 resistance (Fibonacci retracement horizontal pullback resistance). Stochastic (34,5,3) is seeing strong support above 6.1% where we expect a bounce from.
Long
by MEX_Exchange
2
AUDJPY prepare to buy on breakout resistanceBuy above 87.30. Stop loss at 86.93. Take profit at 87.75. Reason for the trading strategy (technically): Price has dropped strongly from last week. We look to buy once price breaks above major resistance at 87.30 (Fibonacci retracement, horizontal overlap resistance, bullish divergence) for a push up to at least 87.75 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,3,1) is seeing strong support above 2% and also sees bullish divergence vs price signalling that a reversal is impending.
Long
by MEX_Exchange
11
AUDJPY right on major support, remain bullishBuy above 87.28. Stop loss at 87.03. Take profit at 87.75. Reason for the trading strategy (technically): Price is now testing our major support at 87.28 (Fibonacci extension, Elliott wave structure, swing low support, bullish divergence) and we expect to see a strong bounce above this level to push price up to at least 87.75 resistance (Fibonacci retracement, breakout pullback resistance). Stochastic (34,3,1) is seeing strong support above 2.2% and we expect to see a corresponding bounce above this level. We can also see bullish divergence vs price signalling that a bounce is impending.
Long
by MEX_Exchange
4
AUDJPY approaching major support, prepare to buyBuy above 87.28. Stop loss at 87.03. Take profit at 87.75. Reason for the trading strategy (technically): Price is approaching major support at 87.28 (Fibonacci extension, Elliott wave structure, swing low support) and we expect to see a strong bounce above this level to push price up to at least 87.75 resistance (Fibonacci retracement, breakout pullback resistance). Stochastic (34,3,1) is seeing strong support above 2.2% and we expect to see a corresponding bounce above this level.
Long
by MEX_Exchange
3
AUDJPY dropped strongly, prepare to buy for a corrective bounceBuy above 88.11. Stop loss at 87.72. Take profit at 88.69. Reason for the trading strategy (technically): Price has dropped strongly and is now testing strong support at 88.11 (Fibonacci retracement, horizontal pullback support) and we expect to see a corrective bounce from here to at least 88.69 resistance (Fibonacci retracement, horizontal swing high resistance). Stochastic (34,3,1) is seeing strong support above our 1.2% where we expect a corresponding bounce from.
Long
by MEX_Exchange
7
AUDJPY dropped strongly, prepare to buy for a corrective bounceBuy above 88.11. Stop loss at 87.72. Take profit at 88.69. Reason for the trading strategy (technically): Price has dropped strongly and is now testing strong support at 88.11 (Fibonacci retracement, horizontal pullback support) and we expect to see a corrective bounce from here to at least 88.69 resistance (Fibonacci retracement, horizontal swing high resistance). Stochastic (34,3,1) is seeing strong support above our 1.2% where we expect a corresponding bounce from.
Long
by MEX_Exchange
6
AUDJPY testing major resistance, prepare to sellSell below 89.11. Stop loss at 89.38. Take profit at 88.36. Reason for the trading strategy (technically): Price is approaching major resistance at 89.11 (Multiple Fibonacci retracement, horizontal pullback resistance, Fibonacci extension, bearish divergence) and we expect to see a short term correction from this level to push price down to at least 88.36 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,3,1) is seeing major resistance below 98% and we expect to see a strong reaction off this level. We’re also seeing bearish divergence vs price signalling that a reversal is impending.
Short
by MEX_Exchange
2
AUDJPY profit target reached perfectly, prepare to buyBuy above 88.39. Stop loss at 88.17. Take profit at 89.10. Reason for the trading strategy (technically): Price has dropped perfectly and reached our profit target. We now prepare to buy above major support at 88.39 (Multiple Fibonacci retracement, horizontal overlap support) for a push up to at least 89.10 resistance (Multiple Fibonacci retracement, recent swing high resistance). Stochastic (21,3,1) is seeing support above 1.2% where we expect a corresponding bounce from.
Long
by MEX_Exchange
5
AUDJPY remain bearish as price tests our selling areaSell below 88.76. Stop loss at 89.38. Take profit at 87.92. Reason for the trading strategy (technically): Price continues to test our selling area. We remain bearish looking to sell below major resistance at 88.76 (Multiple Fibonacci retracements, horizontal swing high resistance, Fibonacci extension) for a push down to at least 87.92 support (Fibonacci retracement, horizontal overlap support). Stochastic (55,3,1) is seeing major resistance at 98% and turning down nicely with good downside potential.
Short
by MEX_Exchange
5
AUDJPY profit target reached absolutely perfectly, time to sellSell below 88.76. Stop loss at 89.38. Take profit at 87.92. Reason for the trading strategy (technically): Price has shot up from our buying area and reached our profit target absolutely perfectly. We prepare to sell on major resistance at 88.76 (Multiple Fibonacci retracements, horizontal swing high resistance, Fibonacci extension) for a push down to at least 87.92 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,3,1) is seeing major resistance at 98% where we expect a corresponding drop from.
Short
by MEX_Exchange
2
AUDJPY remain bullish for a bounceBuy above 87.92. Stop loss at 87.20. Take profit at 88.85. Reason for the trading strategy (technically): Price continues to test our buying area and is starting to bounce nicely. We remain bullish looking to buy above 87.92 support (Fibonacci retracement, horizontal overlap support, bullish exit) for a push up to at least 88.85 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,3,1) is seeing nice support above 5% and has good upside potential.
Long
by MEX_Exchange
2