daily overview for Aud-Jpy
r3: 93.42
r2: 92.98
r1: 92.61
s1: 91.80
s2: 91.36
s3:90.99
the pair broke the triangle to up
so our trade for the pair is buy
Printable View
daily overview for Aud-Jpy
r3: 93.42
r2: 92.98
r1: 92.61
s1: 91.80
s2: 91.36
s3:90.99
the pair broke the triangle to up
so our trade for the pair is buy
The waveform analysis using "Elliott Waves" public image in the price movement is expected during the medium of time to short, it is noticeable that the Elliott Wave Home for the pair moving on a time clock H1 Frame has begun to level (Elliott) It is expected that this wave ends near level (Projection) and perhaps the main wave expire within one day to a maximum of 3 days,
daily overview for Aud-Jpy
r3: 93.64
r2: 93.21
r1: 92.95
s1: 92.26
s2: 91.83
s3: 91.57
the pair broke the up trend to down
so our trade for the pair is sell
The waveform analysis using "Elliott Waves" public image in the price movement is expected during the medium of time to short, it is noticeable that the Elliott Wave Home for the pair moving on a time clock H1 Frame has begun to level (90.54) It is expected that this wave ends near level (92.96)
we can notice from the chart that the pair has closed under 92.19 , that's mean the down trend is expected and the pair might head to 91.19 then 90.50
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: to sell more dominant position, but it is likely to be back to 91.68 for correction before continuing bearish movement.
Recommendation: Sell limit at 91.68
daily overview for Aud-Jpy
r3: 94.02
r2: 93.50
r1: 92.89
s1: 91.76
s2: 91.24
s3: 90.63
the pair broke the triangle to down
so our trade for the pair is sell
pair- aud/jpy
time frame to analysis- m15
http://i57.tinypic.com/2gubq6d.jpg
the cci indicator is moving out from the level -100 but the movement of the price is continue in down trend side. its may make correction to the resistance at 91.10 level and may again down side. hold the short entry with profit target at 90.20
good luck
Graphic index in the case of access to reverse the main wave to frame the four hours H4 tells us that in the case of 4 hours candle failed to close above the resistance (92.07), then it is possible a correction movement downward wave key will be trading the selling within the wave secondary correction among (92.37 ) and (92.37)
going down ward deeply today this pair make retracement movement today and it seem this retrace has ended so i think this pair will continue falling again to level 90.98