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The moment indicator indicates that there is good buying signal on our pair AUDJPY and that’s because of the cross taking place where the blue line’s location is above the red line at the moment The oracle strength indicator on the other hand is could be considered be giving a upwards direction signal according to the yellow color shown If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the blue colors on the arrows could be acting as upward signals.
Now as a conclusion from all the data we acquired up till now I believe that a upward trend would be taking action and that of course if the buy cross was still on the chart buy trades would have the priority as long as the ATR indicator gives buying signals.
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the blue dots appearing above the candle bars indicates that the price today is going to be heading upward depending on the price’s position we are going to determine where the price would be heading so if the price remained in its position lower than 91.9967 which act as a strong support at this moment also it happens to be a weekly pivot point at the same time then I do believe that the price would be heading north only till it meets the next weekly pivot resistance at 94.7567 .
But what if red dots appeared indicating bearish trades and the price bypassed the support 91.9967 and headed for the opposite direction then I do believe that the price in this condition would be heading south until it reaches the price 90.4833 which is the next support and the next pivot level of the week.
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As a result of the green arrow that we are seeing at the moment on the AUDJPY chart we conclude that a bullish trend would be taking place now on the top of that the bottom located at the price 93.75 which is a strong support at the moment and the price shouldn’t be able to go below it if the bullish trend stayed strong.
A up direction is to be taking place because of the parabolic sar’s dots which are located below the candles.
And for a take profit the price level 94.95 would be perfect since it's a resistance when we are selling because there might be a good chance for the price to start hitting south after hitting it.
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by viewing the AUDJPY chart of the day we conclude that week bullish trend happened due to the blade oscillator of value 0.156 located above the balance level of the indicator which shows a blue signal to conclude a week indication that a bullish direction happen on the short run. By the way the moving average 5 on the chart giving us a UP indication then the bottom placed at price 94.78 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them. http://bigimage.cz/photos/20010105978655776150494.gif
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According to the Henkin Ashi you can see it showing a buy signal by having down arrow and a blue candles on the AUDJPY Also you can monitor a blue bar on the trend session indicator whith increase the chance to face up trend on the short term By the way we have a sell cross at Snake and T3-Clean indicators which can be a good signal for selling the pair By collecting all of this together I can bet on falling down till the support located at 94.28 where you can consider it as a good area for claiming any sell positions profit http://bigimage.cz/photos/20010105978653959112942.gif
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When trying to analyze the AUDJPY I can draw a bullish channel as you can see to narrow the market movement area between 2 trend lines Using the donchain channel you can see the price moving at the up edge of it then I can think about selling the price as long as no opposute signs appears on awesome oscillator Currently the awesome oscillator has a red bars which appears above the level of 0 which can be considered as a good sell signal Same on the stostatic indicator which show a buy signal by getting an up intersection between two lines near the 80 th level Till now bearish trend seems to be a stronger choise and by the way selling the pair targeting the low level of donchain channel is not bad idea http://bigimage.cz/photos/20010105978653118134420.gif
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When trying to analyze the AUDJPY I can draw a bullish channel as you can see to narrow the market movement area between 2 trend lines Using the donchain channel you can see the price moving at the up edge of it then I can think about selling the price as long as no opposute signs appears on awesome oscillator Currently the awesome oscillator has a red bars which appears above the level of 0 which can be considered as a good sell signal Same on the stostatic indicator which show a buy signal by getting an up intersection between two lines near the 80 th level Till now bearish trend seems to be a stronger choise and by the way selling the pair targeting the low level of donchain channel is not bad idea http://bigimage.cz/photos/20010105978653118134420.gif
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Using the zigzag indicator a top is drawn showing a good chance for the current trend to be heading down soon on our chart the AUDJPY The price is currently near the up edge of the Donchin band indicator meaning that the price is facing a great deal of difficulty heading upward the downward direction would be a good choice to follow but only if the candle was able to close below the level 93.95 which is considered a good support level at the moment which is also represented by the blue dots on the chart waiting for the 2 SMA Indicators to perform a sell cross would give us a better chance for a sell trade On the other hand the level 94.85 would be acting as a great resistance if we ended up facing an opposite upward direction .
http://bigimage.cz/photos/20010105978662427168892.gif
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Obviously in front of us on the AUDJPY chart we can clearly see that there is a up trend taking place as we speak and from its looks of it seems to be a main trend of course that was confirmed when the 6 and 5 EMAs were located Above the 35 EMA.
From the looks of it making buy orders would be the wisest decision once a bullish direction is confirmed by the other indicators.
Also there are dots located above the candlesticks from the parabolic sar indicators showing us a downward direction adding to that the downward signal formed by the cci line when it got located at the lower level.
Also to be sure we get a buy signal from the MACD indicator as it was moving above the level 0.
So In the end I do think buying would work greatly for me according to what we witnessed up till now unless an opposite bearish signal appears.
http://bigimage.cz/photos/20010105978680564152870.gif .
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While monitoring the AUDJPY I came to realize that a bearish trend is being formed today on the chart and of course I came to that conclusion because of the red signal performed by the super trend indicator giving me a hint on where the market supposedly would be heading.
The Nolog dot indicator giving us a blue colored dot indicating that a buy signal should be taking place soon.
A week bearish trend is indicated by the signals encouraging us to take sell trades but that of course as soon as the Nonlog indicator changes it’s signal to make another confirmation for this direction.
In order to be safe we should think of the best position to act as our stop loss I believe the resistance located at the price 94.1 would be the perfect place for that but if this method is not convincing enough then waiting for the super trend’s color to change to green would be a good idea as well since the bearish trend would certainly be over if it met any of those conditions.
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