Aud/Jpy

Aud/jpy analysis for 03.15.2013 by using pivot indicator.

r3: 101.33
r2: 100.61
r1: 100.18

pivot: 99.46

s1: 99.03
s2: 98.31
s3: 97.88

elliott support in a zigzag correction 99.24
uptrend is stell intact in a triangle configuration it should contine to rally to 100.06 or 100.26 if support around 99.54 hold after which a pullback to 99.54 - 99.32 zone is possible
technical point
key point 100.24 - entry point 99.69 - elliott 92.97 - closing 99.82 - projict 102.31

Pair : AUDJPY
Updated : Fri, March 15 8:43 p.m.
Price : 99.33
Movement : -45.5 Pips
Movement : -0.46%

Support : 98.36
Pivot : 99.52
Resistance : 100.68
;)

In the H4 time frame the price is rejected from the resistance level at 99.95 stoch and cci is also move out from overbought area. we can short this pair with the target lower support at 98.50 with stop loss at 100.00

http://charts.mql5.com/1/157/audjpy-...orex-group.png


hi

how are you

we can see in the 1d chart

the pair trading down the 23.6

I see the pair will go to down way to 95.15

stochastic refers that the pair will go down

so our target sell from 99.12 and our target will 390pips

Good luck

aud/jpy correlation with other currency pairs on 03.15.2013

positive correlation :

1) nzd/jpy- 0.99
2) usd/jpy-0.99

negative correlation :

1) gbp/usd- 0.67
2) eur/sek- 0.54

http://charts.mql5.com/1/160/audjpy-...orex-group.png


we can see in the 4h chart

the pair trading down the 23.6

I see the pair will go to down way to 98.30

stochastic refers that the pair will go down

so our target sell from 99.11 and our target will 80pips

Good luck

And a pair now holds the northern definitely a trend, you can just draw a line on top of the trend, and now prices trying to touch the lower channel line, and I think for what you should eat a horizontal stop to sit in the northern trend, since the probability that the trend will continue is always higher than it give way to the other side.

Pair : AUDJPY
Updated : Sun, Mar 17 06:49
Price : 99.12
Movement : -65.9 Pips
Movement : -0.66%

Support : 98.41
Pivot : 99.30
Resistance : 100.19
:yahoo::yahoo:

Aud/jpy
Buy limit EUR/USD @90.758, SL @89.95, TP @91.50

Sell limit EUR/USD @92.10, SL @92.40, TP @91.80