Aud/Jpy

by the time i wrote this analysis the price is now sitting above the trendline and it seem it will close above the trendline within 1h from now.....ok let see what happen tomorrow.....my view is still the same this pair will go down until 82.85

Aud jpy is in bearish trend and we can have a sell trade and we can have profit on this pair

A narrow descending channel pattern has guided the British Pound lower against the Japanese Yen since last week's trading sessions.

The exchange rate is currently testing a support cluster formed by the combination of the weekly and the monthly pivot points at 140.23.

according to AUDJPY technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels

Resistance1 # ----- # 75.87
Resistance2 # ----- # 76.09
Resistance3 # ----- # 75.82
Support 1 # ----- # 75.42
Support 2 # ----- # 75.23
Support 3 # ----- # 75.80

I suggest to take SHORT position at --- 75.65
target take profit at --- 75.17
target stop loss at --- 76.03

money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..

Results of analysis of using daily pivot point calculations for AUDJPY

I see this pair still in strong bullish movement . If this pair can resistance level at 75.25 I predict this pair will go up to the next resistance level at 74.75 But if this pair go down and break support level at 75.76 I predict this pair will make some correction to the next support level at around 76.26. Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with and take profit at 74.74 and put StopLoss at 75.60

This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation. my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

AUDJPY Analysis today


Support, Resistance

S1 ) 75.42

S2 ) 75.23

S3 ) 75.02

R1 ) 75.86

R2 ) 76.10

R3 ) 76.32

AUDJPY has been rejected again by the support level at 79.66 and the rejection also form a double bottom pattern although it's not too perfect. I think AUDJPY will make a reversal movement and go up to the resistance level at 80.27. But the reversal movement may fails if AUDJPY can break the low level at 79.52

Aud/Jpy


pivot point is:75.88

Parabolic is:sell
Moving average is:sell

So Resistance and Supporting Level is,,,,

Resistance Level is:

1,Resistance is:75.89
2,Resistance is:76.02
3,Resistance is:76.15

Supporting Level is:

1,Supporting is:75.65
2,Supporting is:75.51
3,Supporting is:75.39

Aud/Jpy


pivot point is:75.88

Parabolic is:sell
Moving average is:sell

So Resistance and Supporting Level is,,,,

Resistance Level is:

1,Resistance is:75.89
2,Resistance is:76.02
3,Resistance is:76.15

Supporting Level is:

1,Supporting is:75.65
2,Supporting is:75.51
3,Supporting is:75.39

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.