AUDJPY Short Term Forecast Update And Follow Up

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AUDJPY Short Term Forecast Update And Follow Up

Hi Traders! AUDJPY short term forecast update and follow up is here. On June 9th, 2026 I shared this “Forex Market Analysis & Day Trading Opportunity | AUDJPY | 9 June 2026” post in our blog. In this post, let’s do a recap of this setup and see how it has developed now. If you would like to learn more about the way we trade and the technical analysis we use then check out the  Home Trader ClubSpoiler alert – free memberships are available!

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My Idea

On the H1 chart, we have a strong bearish momentum and also currently there are no signs opposing this short term bearish view. So everything looks good for the bears here as well. In addition to this, we have three key resistance zones that has formed based on the volume profile zones of the KTLI indicator and the Triple B Pro pivot levels. Until these three key resistance zones shown in the image below (marked in red) holds my short term view remains bearish here and I expect the price to move lower further after retraces.

 

AUDJPY Short Term Forecast Update And Follow Up

 

 

AUDJPY H1(1 Hour) Chart Current Scenario

In this pair based on the above-mentioned analysis my short-term view was bearish and until the three key resistance zones hold I was expecting the price to move lower further after retraces. The price action followed my analysis exactly as I expected it to here. After the strong bearish move the price which was moving higher reached the first key resistance zone, respected it, moved lower and provided 230+ pips move to the downside!

 

AUDJPY Short Term Forecast Update And Follow Up

 

After this move, the price then moved higher, reached the first key support zone, respected it and then bounced lower and provided 540+ pips move to the downside. You can see this move clearly on the H4 chart below.

 

AUDJPY Short Term Forecast Update And Follow Up

 

On the M15 chart, the market provided us with various facts supporting the bearish view. The price which was moving higher created a bearish divergence between the first high that has formed at 114.524 and the second high that has formed at 114.656 based on the MACD indicator, which we may consider as evidence of bearish pressure. The price then moved lower and broke below the most recent uptrend line. We may consider these as facts provided by the market supporting the bearish view and also there we no signs opposing this bearish view. Then as you can see in the image below how the price moved lower further and provided a fantastic move to the downside!

 

AUDJPY Short Term Forecast Update And Follow Up

 

So, traders, this is why I wanted to show this example to help you understand how important it is to follow the facts. The facts were supporting the bearish view here and there were no signs against it. When the facts do happen as we expected you can see how the price perfectly moved as per the plan. Because these are the kind of hints the market provides us at the majority of the time and it’s our obligation as traders to be able to listen to these things that the market tells us and we should try to make the right actions accordingly.

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If you have any further questions, don’t hesitate to drop a comment below!

 

Happy Trading!

Arvinth Akash
Home Trader Club Team.

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