I think thatthe price will retest the support level at 99.62 than it will continue the upside mouvement.
http://i.imgur.com/FVjf9Qv.png
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I think thatthe price will retest the support level at 99.62 than it will continue the upside mouvement.
http://i.imgur.com/FVjf9Qv.png
the red dots appearing above the candle bars indicates that the price today is going to be heading downward 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 102.9067 which act as a strong resistance 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 south only till it meets the next weekly pivot support at 101.3067 .
But what if blue dots appeared indicating bullish trades and the price bypassed the resistance 102.9067 and headed for the opposite direction then I do believe that the price in this condition would be heading north until it reaches the price 103.6633 which is the next resistance and the next pivot level of the week.
http://bigimage.cz/photos/20141126141703652789054.gif .
http://prntscr.com/5ale74
analysis for today 11 / 27 / 2014
AUD/JPY
Resistance : R1 101.02 R2 101.27 R3 101.47 R4 101.77
Support : S1 100.10 S2 99.85 S3 99.65 S4 99.35
Open : 100.58
High : 100.85
Low : 100.27
Range : .58 Pips
Running Price : 100.84
Strategy : SELL at the level 100.84 stop loss at the level 101.02 target take profit at the level 99.65 or at the level 99.35
I think that we can wait until the price break the red trendline decree below than we get in long position with take profit at 101.94.
http://i.imgur.com/B4HAWgY.png
pair- aud/jpy
analysis time frame- m15
http://i61.tinypic.com/20u5qht.jpg
the down movement of the price is correction side from the support at 99.85 level and moving up side. this is break resistance at 100.75 level but rejecting down from 100.97 level. it may again move to lower support. short with stop loss at 101.37 and profit target at 100.00
good luck.
I think that this is a good opportunity to get in short position from the resistance level at 100.73 with take profit at 100.32.
http://i.imgur.com/ADHwvB0.png
The price is in a overbought condition that's why I think that the price will fall to the blue trendline decree below.
http://i.imgur.com/HjPSJjf.png
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 101.3067 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 102.9067 .
But what if red dots appeared indicating bearish trades and the price bypassed the support 101.3067 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 100.4633 which is the next support and the next pivot level of the week.
http://bigimage.cz/photos/20141130141737562142598.gif .
pair- aud/jpy
analysis time frame- m15
http://i59.tinypic.com/awrdsl.jpg
the cci indicator is moving down side from the level 100 and in the price chart its down movement is hold at the 100.00 level and moving up side. if this is break the resistance at 100.45 level then long with take profit at 100.95 and stop loss at 99.92
good luck.
A up channel is now drawn on the AUDJPY and the price is suggested to keep going upward on the short term.
Also you can see the price hits the lower edge of donchain channel which may be a signal for heading north And if you checked awesome oscillator it shows a green bar below the level of 0 to indicate a buy Also the stostatic is showing a bullish signal by having a buy cross and the lines near the level of 20 I guess according to this data buying can be a winning bet as the price is suggested to move up and you can target the high level of donchain channel or the up edge of the drawn channel on the chart but waiting a confirmation from the awesome oscillator can increase the chance for winning buy trades http://bigimage.cz/photos/20141201141744025217776.gif