AUDJPY Trading Journal – Daily Timeframe (D1) – Friday, November 13, 2026 
Good morning, everyone. I hope everyone is staying healthy and doing their activities smoothly today. The AUDJPY pair is worth watching after experiencing strong selling pressure yesterday. Price movements indicate that sellers still have a significant influence on market direction, especially after several recovery attempts failed to bring the price back above the nearest resistance area. This situation leaves the potential for further declines quite open, although we still need to monitor the price response around the currently tested support area. Looking at the movement structure on the daily timeframe, the AUDJPY pair remains in a bearish trend. Since experiencing rejection in the 114,500–115,000 area, the price has formed a series of increasingly lower movements. The rebound attempts that occurred in September and October failed to change this structure. In fact, the rise towards the 111,000–111,300 range actually encountered selling pressure again and ended in a decline that pushed the price through the 110,232 support area. This level is now a key resistance level to watch for in the event of an upward correction. The price is currently hovering around 108,825 and has begun to move below the 108,992 horizontal area. The yellow zone around 109,000–109,400 was previously a significant area where the price had repeatedly attempted to hold. However, recent selling pressure has caused this area to lose its strength. If the price continues to struggle to break through 109,000 and instead forms a rejection below it, the likelihood of a bearish continuation could grow. The next downside target could potentially be the psychological 108,000 area, then lower if seller pressure persists. Regarding the Moving Average, the red line is still moving downward and is above the current price. The slope of this line indicates that the main trend has not shown a convincing change. The price, which is still trading below the Moving Average, also reinforces the impression that seller dominance is not over. Meanwhile, the Bollinger Bands are showing widening movement after selling pressure increased. This condition indicates growing volatility and requires caution, as price movements could become more aggressive in the next few sessions. Additional confirmation is seen on the MACD indicator. The histogram has moved deeper into negative territory, while the MACD line has begun to turn downward after previously recovering near the zero line. This change indicates that bearish momentum is strengthening again, with no solid reversal signals yet. As long as the histogram remains below the zero line and the MACD line maintains its downward trend, selling pressure remains a major concern. For my next monitoring plan, I'm more interested in waiting for a sell opportunity when a pullback occurs towards the 109,000–109,400 area, especially if there's confirmation of a bearish rejection there. However, if the price manages to regain ground above that area, it's best not to rush into a position, as the market is likely building a temporary recovery. In my opinion, disciplined waiting for confirmation remains more important than forcing a trade amidst an evolving movement. In conclusion, AUDJPY remains bearish on the daily timeframe, supported by price structure, Moving Averages, and MACD, all pointing to selling pressure. The 108,000 area is a potential target, while 109,000–109,400 is a key zone to monitor for corrections. Prioritize risk management and avoid emotional market movements. Hopefully, today's analysis can serve as additional reference and provide better trading opportunities. Best of luck!
