i think that we should buy AUDJPY now as we have a support level on the daily chart @50% so i predict that this pair will move upward on the short term our target point will be @61.8%.
Thread: Aud/Jpy
i think that we should buy AUDJPY now as we have a support level on the daily chart @50% so i predict that this pair will move upward on the short term our target point will be @61.8%.
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I think AUDJPY is trying to reach the resistance level at 83.18
Then, if AUDJPY can break that resistance level, AUDJPY may continue going up and the next target is at around 84.44 as the next resistance level. But if fail, AUDJPY may fall to 81.99 support level
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A strong and solid downtrend is shown in H1 graph but the morning star candle formed could be a good sign for this pair making corrections and according my expectation, price may arise to 96.25 (fibo 38.2%). A selling plan would be better after price success breakdown 95.49.
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My dear the technical analysis of this pairs and the trend of this pairs Aud/jpy is bearish.
The resistance and supporting level of this pairs Aud/jpy is very success now.
The following resistance and supporting level of this pairs is as under.
The resistance level of this pairs.
First. Resistance level is=79.01
Second. Resistance level is=79.40
Third. Resistance level is=79.73
The supporting level of this pairs.
First. Supporting level is=78.30
Second. Supporting level is=77.94
Third. Supporting level is=77.55
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"( 3 weeks back): Any break below 94.80 will indicate the break of that pattern and in such case we will expect further consolidation towards the 55-day EMA support i.e. towards the support zone of 92.60 to 92.85. Please check this AUD/JPY chart alert to check on the same. Any decisive break below 92.60 may target 91.19/91.25 support zone. However, if the support over 95.00 holds and a break over the recent 97.43 takes place then we would expect a move towards the strong resistance zone of 98.20 to 98.80."
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I think AUDJPY is trying to reach the resistance level at 83.18
Then, if AUDJPY can break that resistance level, AUDJPY may continue going up and the next target is at around 84.44 as the next resistance level. But if fail, AUDJPY may fall to 81.99 support level
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trend formed:
Current price @ 84.52. I follow the trend in h4, although not yet appeared marbels, but it seems the price will go to the line ema62 h4.
Position For Order:
Position 1 ==> instan position
Position 2 ==> buy limit @ 84.37
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.
Image link:
http://i1123.photobucket.com/albums/...0116-40-56.png
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I try to make analysis for eurgbp pair today.AudJpy
Recommendation Trend is :Sell
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :78.85
2 Resistance level :79.13
3 Resistance level :79.60
Support level
1 Support level : 77.91
2 Support level : 77.63
3 Support level : 77.16
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trend formed:
Current price @ 84.52. I follow the trend in h4, although not yet appeared marbels, but it seems the price will go to the line ema62 h4.
Position For Order:
Position 1 ==> instan position
Position 2 ==> buy limit @ 84.37
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.
Image link:
http://i1123.photobucket.com/albums/...0116-40-56.png
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
My dear the technical analysis of this pairs and the trend of this pairs Aud/jpy is bearish.
The resistance and supporting level of this pairs Aud/jpy is very success now.
The following resistance and supporting level of this pairs is as under.
The resistance level of this pairs.
First. Resistance level is=79.01
Second. Resistance level is=79.40
Third. Resistance level is=79.73
The supporting level of this pairs.
First. Supporting level is=78.30
Second. Supporting level is=77.94
Third. Supporting level is=77.55
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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