website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Australian Dollar / Japanese Yen technical chart
Symbol AUDJPY
Trade Setup

#AUDJPY
Total Profit: 2429 pip
Closed trade(s): 461 pip Profit
Open trade(s): 1968 pip Profit

Trade Setup:
We opened 8 SELL trades @ 95.315 based on 'Peak' entry method at 2022-06-09.

Closed Profit:
TP1 @ 93.949 touched at 2022-06-13 with 137 pip Profit.
TP2 @ 92.077 touched at 2022-06-16 with 324 pip Profit.
137 + 324 = 461 pip

Open Profit:
Profit for one SELL trade is 95.315(open price) - 92.039(current price) = 328 pip
6 trade(s) still open, therefore total profit for open trade(s) is 328 x 6 = 1968 pip

#AUDJPY
Total Profit: 2429 pip
Closed trade(s): 461 pip Profit
Open trade(s): 1968 pip Profit

Trade Setup:
We opened 8 SELL trades @ 95.315 based on 'Peak' entry method at 2022-06-09.

Closed Profit:
TP1 @ 93.949 touched at 2022-06-13 with 137 pip Profit.
TP2 @ 92.077 touched at 2022-06-16 with 324 pip Profit.
137 + 324 = 461 pip

Open Profit:
Profit for one SELL trade is 95.315(open price) - 92.039(current price) = 328 pip
6 trade(s) still open, therefore total profit for open trade(s) is 328 x 6 = 1968 pip

Trading suggestion:

  • We have already opened Sell trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
DateJuly 3, 2022 - 15:27
Currentrange bound
Forecastresumption of downtrend

Midterm forecast:

  • While the price is below the resistance 96.870, resumption of downtrend is expected.
  • We make sure when the support at 86.000 breaks.
  • If the resistance at 96.870 is broken, the short-term forecast -resumption of downtrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the peak at 94.306 on 2022-03-28 and the peak at 96.761 on 2022-06-09, the probability of uptrend continuation is decreased and the probability of resumption of downtrend is increased.
  • A peak is formed in daily chart at 95.275 on 06/22/2022, so more losses to support(s) 90.998, 88.860, 87.359 and minimum to Major Support (86.000) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 43.

Take Profits:

  1. 93.949
  2. 92.077
  3. 90.998
  4. 88.860
  5. 87.359
  6. 86.000
  7. 73.100
Click on the level to view price action history.
Symbol Released Current Forecast
Australian Dollar / Japanese Yen (AUDJPY) Sun, 14 Apr 2024
Australian Dollar / Japanese Yen (AUDJPY) Sun, 7 Apr 2024
Australian Dollar / Japanese Yen (AUDJPY) Sat, 30 Mar 2024
Australian Dollar / Japanese Yen (AUDJPY) Sun, 24 Mar 2024
Australian Dollar / Japanese Yen (AUDJPY) Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on AUDJPY.