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: 7852 pip
Closed trade(s): 6970 pip Profit
Open trade(s): 882 pip Profit

Trade Setup:
We opened 10 SELL trades @ 106.578 based on 'shooting' entry method at 2024-07-16.

Closed Profit:
TP1 @ 106.059 touched at 2024-07-17 with 52 pip Profit.
TP2 @ 104.528 touched at 2024-07-18 with 205 pip Profit.
TP3 @ 102.546 touched at 2024-07-24 with 403 pip Profit.
TP4 @ 100.791 touched at 2024-07-25 with 579 pip Profit.
TP5 @ 99.000 touched at 2024-07-31 with 758 pip Profit.
TP6 @ 96.835 touched at 2024-08-02 with 974 pip Profit.
TP7 @ 94.867 touched at 2024-08-05 with 1171 pip Profit.
TP8 @ 93.104 touched at 2024-08-05 with 1348 pip Profit.
TP9 @ 91.781 touched at 2024-08-05 with 1480 pip Profit.
52 + 205 + 403 + 579 + 758 + 974 + 1171 + 1348 + 1480 = 6970 pip

Open Profit:
Profit for one SELL trade is 106.578(open price) - 97.764(current price) = 882 pip
1 trade(s) still open, therefore total profit for open trade(s) is 882 x 1 = 882 pip

#AUDJPY
Total Profit: 1721 pip
Closed trade(s): 761 pip Profit
Open trade(s): 960 pip Profit

Trade Setup:
We opened 7 SELL trades @ 100.155 based on 'Shooting Star (Two day reversal candle)' entry method at 2024-11-25, signaled by DTO:
https://www.forecastcity.com/en/forecasts/Forex/daily-trading-opportunit...

Closed Profit:
TP1 @ 99.628 touched at 2024-11-26 with 53 pip Profit.
TP2 @ 97.551 touched at 2024-11-29 with 261 pip Profit.
TP3 @ 95.693 touched at 2024-12-06 with 447 pip Profit.
53 + 261 + 447 = 761 pip

Open Profit:
Profit for one SELL trade is 100.155(open price) - 97.764(current price) = 240 pip
4 trade(s) still open, therefore total profit for open trade(s) is 240 x 4 = 960 pip

#AUDJPY
Total Profit: 7852 pip
Closed trade(s): 6970 pip Profit
Open trade(s): 882 pip Profit

Trade Setup:
We opened 10 SELL trades @ 106.578 based on 'shooting' entry method at 2024-07-16.

Closed Profit:
TP1 @ 106.059 touched at 2024-07-17 with 52 pip Profit.
TP2 @ 104.528 touched at 2024-07-18 with 205 pip Profit.
TP3 @ 102.546 touched at 2024-07-24 with 403 pip Profit.
TP4 @ 100.791 touched at 2024-07-25 with 579 pip Profit.
TP5 @ 99.000 touched at 2024-07-31 with 758 pip Profit.
TP6 @ 96.835 touched at 2024-08-02 with 974 pip Profit.
TP7 @ 94.867 touched at 2024-08-05 with 1171 pip Profit.
TP8 @ 93.104 touched at 2024-08-05 with 1348 pip Profit.
TP9 @ 91.781 touched at 2024-08-05 with 1480 pip Profit.
52 + 205 + 403 + 579 + 758 + 974 + 1171 + 1348 + 1480 = 6970 pip

Open Profit:
Profit for one SELL trade is 106.578(open price) - 97.764(current price) = 882 pip
1 trade(s) still open, therefore total profit for open trade(s) is 882 x 1 = 882 pip

#AUDJPY
Total Profit: 1721 pip
Closed trade(s): 761 pip Profit
Open trade(s): 960 pip Profit

Trade Setup:
We opened 7 SELL trades @ 100.155 based on 'Shooting Star (Two day reversal candle)' entry method at 2024-11-25, signaled by DTO:
https://www.forecastcity.com/en/forecasts/Forex/daily-trading-opportunit...

Closed Profit:
TP1 @ 99.628 touched at 2024-11-26 with 53 pip Profit.
TP2 @ 97.551 touched at 2024-11-29 with 261 pip Profit.
TP3 @ 95.693 touched at 2024-12-06 with 447 pip Profit.
53 + 261 + 447 = 761 pip

Open Profit:
Profit for one SELL trade is 100.155(open price) - 97.764(current price) = 240 pip
4 trade(s) still open, therefore total profit for open trade(s) is 240 x 4 = 960 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.

DateJanuary 4, 2025 - 18:40
Currentrange bound
Forecastresumption of downtrend

Midterm forecast:

  • While the price is below the resistance 102.390, resumption of downtrend is expected.
  • We make sure when the support at 93.580 breaks.
  • If the resistance at 102.390 is broken, the short-term forecast -resumption of downtrend- will be invalid.

Technical analysis:

  • The descending flag taking shape suggests we will soon see another leg lower.
  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 102.390 on 11/07/2024, so more losses to support(s) 97.551, 95.693 and minimum to Major Support (93.580) 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 49.

Take Profits:

  1. 99.628
  2. 97.551
  3. 95.693
  4. 93.580
  5. 91.781
  6. 89.690
Click on the level to view price action history.