Aud/Jpy

Aud/jpy analysis for 04.01.2013 by using pivot indicator.

r3: 98.54
r2: 98.34
r1: 98.21

pivot: 98.01

s1: 97.88
s2: 97.68
s3: 97.55

In the H1 time frame the price is moving oversold area with stoch indicator. in the chart we can see it is also hold at the 96.95 level and make double bottom pattern. we can long this pair with breaking the resistance at 97.55 with the target at 98.00

http://charts.mql5.com/1/244/audjpy-...ex-group-2.png



we can see in the 1d chart

the pair trading down the 23.6

I see the pair will go to down way to 95.55

stochastic refers that the pair will go down

so our target sell from 97.26 and our target will 174pips

Good luck
:good::respect::peace::)))

only TF H4 stochastic is near buy border level 20 as new trend changing for this pair to become bullish but TF H1 stochastic is near neutral level 50 it means pair will become uptrend but this movement have limitation in increasing because pair is still in narrow consolidation and will become sideway near lower level 97.10

http://charts.mql5.com/1/245/audjpy-...orex-group.png


we can see in the 1w chart

the pair trading down the 23.6

I see the pair will go to down way to 93.35

stochastic refers that the pair will go down

so our target sell from 97.08 and our target will 369pips

Good luck
:peace::)

Aud/jpy analysis for 04.02.2013 by using pivot indicator.

r3: 99.04
r2: 98.61
r1: 97.86

pivot: 97.43

s1: 96.68
s2: 96.25
s3: 95.50

http://charts.mql5.com/1/249/audjpy-...orex-group.png


we can see in the 1w chart

the pair trading down the 23.6

I see the pair will go to down way to 93.17

stochastic refers that the pair will go down

so our target sell from 97.60 and our target will 349pips

Good luck
:good::peace::woo::respect::yahoo:

I wanted to share a little about my daily life in the trade, this time about the pair Aud/Jpy.

I Sell limit from 97.80

by SL: r2

do not forget to take profit at pivot
Info:

Support 1: 96.71

Support 2: 96.27

Support 3: 95.51

pivot: 97.47

Resistant 1: 97.91

Resistant 2: 98.67

Resistant 3: 99.11


All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.

Analysis for today's 02-Apr-2013

#Happy trading

In the H1 time frame the price is break resistance at 97.40 but not seem to break the resistance at 97.90 at the time stoch indicator is moving in overbought area so price will try to move down side we can short this pair with breaking support at 97.40 and target is 96.40

elliott crucial revesel point 96.70 markst should not go lower than 97.13 - 96.75 after this move down it should gp up to 97.72 - 97.95 area

support and resistances
res2 98.70
res1 97.95
pivot 97.50
sup1 96.75
sup2 96.31