Improve your forex results | New AUD USD and EUR JPY trading signals

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Most traders experience good and bad times. Maybe you have taken several trades and most are going against you. We know how it feels because we have all been there. Now it’s time to improve your forex results and find some really good trade setups. Today I will give you some smooth trading signals for the AUD USD and EUR JPY currency pairs based on our target trading strategy. I use pivot points and target trading for the direction of trades for my forex analysis.

improve your forex results

New and fresh trading signals for the AUD/USD currency pair

We are excited to get started. The charts for AUD/USD look promising and we definitely want to make some decent Pips with this currency pair. We believe it’s on the way up, and many profitable traders support our view.

In this pair my personal view remains the same that is to look for the buys. The idea here is very simple, we have higher highs, higher lows pattern we may look for retraces and then trend continuation to the upside.

AUD USD trading signals

Update December 11, 2019: 

DAILY shows this pair had a significant movement up to the .786 at 0.68925. The .270 at 0.67250 is 147 pips down. The rsi is in the sell position and could easily make 147 pips. 

HOURLY shows this pair heading down after a fundamental movement shooting it upwards past the .270 but not to the 1.618.  Should it come down to the .382 at 0.68351 that would be 32 pips. The rsi is below the sell zone and mid way to the buy zone.  If this pair heads back up to complete the 1.618 at 0.69048 that would bring 38 pips.

 

Update December 4, 2019:

DAILY shows this pair made a significant move up breaking the down trend line. The RSI is half way to the sell zone indicating more movement up should happen.  If it goes to the .618 at 0.69252 this would give 84 pips. 

aud usd trading signals update 04 December 2019 Daily Charts
aud usd trading signals update 04 December 2019 Daily Charts

HOURLY shows this pair just had a significant move up and is now in consolidation.  The RSI is in the sell zone.  If it moves down to the .786 at 0.68212 that would give it 28 pips and hit the up trend line. 

aud usd trading signals update 04 December 2019 Hourly Charts
aud usd trading signals update 04 December 2019 Hourly Charts

Update November 29, 2019: 

DAILY has continued down with a slight up move and then straight back down to 0.67526.  It appears to be continuing to the .618 of the secondary fib at 0.66686 which is another 100 pips further down.  The rsi has dropped back to the buy zone and may just skip along the buy zone until it reaches the .618.     Update November 29, 2019 

aud usd trading signals update 29 november 2019
aud usd trading signals update 29 november 2019 Daily Charts

Update November 21, 2019:

DAILY has had a significant movement down ending up right in the cross of a down and up-trend line.  The primary Fib shows it landed on the .236, bounced up a little and is waiting.  The RSI is firmly in the buy zone.  The secondary Fib shows it came back to the .236 on that Fib and with the RSI in the buy zone it should move up to the  .786 at 0.68936, which is 102 pips up and crosses both trend lines again.  It might continue to the top of the range it has been trading in at 0.69278 which would be 132 pips up and then turn around to begin the journey back down to the 1.618 at 0.66686 of the secondary Fib. 

Update November 29, 2019: 

HOURLY This pair has been sitting on the .382 weaving it’s way until it makes up it’s mind which direction it will start to head in. It is 26 pips away from the .618 and eventually it should reach it.  The rsi is just below the sell zone making it’s way to the buy zone.

Update November 21, 2019:

HOURLY Shows a significant move down where it has found support with the .786 at 0.67924.  The RSI is firmly in the buy zone which should move this pair up to the 1.618 at 0.68469 which is 51 pips up. 

aud usd trading signals update 29 november 2019
aud usd trading signals update 29 november 2019 Hourly Charts

EUR JPY

The EUR/JPY currency exchange rate will most likely target the 122.50 area next week.

EURJPY broke down and fell to its 30-days target at 119.45. In the short-term, the Elliott wave sequence suggests that the cross could make a limited recovery as a wave B. For the coming week, we anticipate a new decline, which should develop in a five-wave sequence to the Septembers’ lows area.

By EagleFX Team | 

EUR JPY trading signals

Update December 4, 2019:

DAILY shows this pair is trading within a range of 121.474 and 119.237.  The RSI is in the sell zone and if it comes down to the bottom of the range that would give it 141 pips.  If it breaks the range and continues to the .618 at 118.770, this would give 189 pips. 

eur jpy trading signals update 04 December 2019 Daily Charts
eur jpy trading signals update 04 December 2019 Daily Charts

HOURLY shows this pair had a significant move up and is now in consolidation.  The RSI just left the sell zone on it’s way to the buy zone.  Until consolidation is broken there is no way to tell which way it will go.

eur jpy trading signals update 04 December 2019 Hourly Charts
eur jpy trading signals update 04 December 2019 Hourly Charts

Update November 28, 2019:

DAILY shows this pair weaving it’s way up and down following a down trend line.  It does not look like it is ready yet to make a breakout and could possibly come back down to the .382 at 119.777, which is 82 pips further down.  The rsi is skipping just below the sell zone but looking like it is going to cross into the sell zone.

Update November 21, 2019:

DAILY shows this pair is in consolidation and has been riding the downtrend line for some time weaving up and down along the way.  The RSI is making it’s way to the sell zone where it should continue down to the .618 at 118.762 which is 154 pips down.  If it continues to the .786 at 118.004 that would be 229 pips down. 

 eur jpy trading signals update 29 november 2019
eur jpy trading signals update 29 november 2019 Daily Charts

Update November 28, 2019:

HOURLY Shows this pair has crossed the upper trend line and is 28 pips away from the .270 at 120.839 and it is 20 pips away from the .236 at 120.357.  If this pair moves up it is likely to go to the 1.618 at 121.169 – 60 pips further up.  If this pair moves down, it is likely to go to the .618 at 119.998 – 57 pips further down.  The rsi is skimming along below the sell zone.  Careful watching to see which direction it decides to go in and then place your trade accordingly.

Update November 21, 2019:

HOURLY Shows this pair has been in consolidation for awhile flirting with the middle trend line.  The RSI has just left the sell zone and this pair should make its way down to the .786 at 119.714 which would be 52 pips down.

 eur jpy trading signals update 29 november 2019
eur jpy trading signals update 29 november 2019 Hourly Charts

We provide new trading signals every week

As mentioned in the introduction, all traders have good and bad times with their forex results. Maybe you just don’t feel ready to open new trades just based on the trading signals in this article. And that is okay. Never trade if you don’t feel comfortable. Sometimes the best thing a trader can do is to just rest and have a break. If you are tired of trading on your own, we have some good recommendations for you. We have covered plenty of trade-copiers here. Do you want to learn more about 7 of the most successful forex traders ever? We have just presented a very interesting list of legends of the Forex industry! If you want to learn some really effective Forex strategies, you should check out this article. Like every week, I’m super excited to share my fresh forex day trading tips with you, and I hope that everyone can maximize their profits based on my accurate forex trading signals.

Update December 4 December 2019: New trading signals for GBP JPY and EUR NZD.

Was it helpful that I shared my signals with you here in the Forex and Profits community? What do you think will happen next with the AUD USD and EUR JPY currency pairs? I’d love to know what you thought of this article. Feel free to like, share and comment in our Forex and Profits Club on Facebook.

Enjoy the week, and see you next time!

Disclaimer:

Before participating in Foreign Currency Trading (Forex Market) you must consider carefully the risks of the market, which has big rewards potential, yet is also extremely risky. Consider all the risks carefully before investing in the Forex Market. Remember that all the information and signals, prices and trade recommendations provided here on Forex and Profits is only a general information and market commentary, thus, does not incorporate investment advice.

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