daily overview for Aud-Jpy
r3: 94.90
r2: 94.58
r1: 94.26
s1: 93.74
s2: 93.42
s3: 93.16
the pair broke the down trend to up
so our trade for the pair is buy
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daily overview for Aud-Jpy
r3: 94.90
r2: 94.58
r1: 94.26
s1: 93.74
s2: 93.42
s3: 93.16
the pair broke the down trend to up
so our trade for the pair is buy
pair- aud/jpy
time frame analysis- m15
http://i60.tinypic.com/2na6uz8.jpg
the stoch indicator is showing overbought as movement level 80 and the price is also at the resistance side. its making double doji pattern and may falling down side. short with take profit at 94.15 level and stop loss at the 95.00
good luck
we can notice from the chart that the pair has closed under 95.16 , that's mean the down trend is expected and the pair might head to 94.16 then 93.50 , however the pair made a hourly correction
pair- aud/jpy
time frame analysis- m15
http://i62.tinypic.com/jie2j4.jpg
the price is showing overbought with the rsi and stoch indictor. the price is also at the daily resistance level one 95.77 level and may again down side. short if the price falling below the 95.40 level with profit target 94.65
good luck
daily overview for Aud-Jpy
r3: 97.58
r2: 96.46
r1: 95.78
s1: 93.98
s2: 92.86
s3: 92.18
the pair broke the channel to down
so our trade for the pair is sell
pair- aud/jpy
time frame analysis- m15
http://i58.tinypic.com/5ckn6r.jpg
the stoch and rsi indicator is showing overbought as moving level 80 but in the price chart its up movement is break the resistance at 94.90 level and toward the 95.50 level side. hold the long entry with stop loss at 94.70
good luck
The statement did not provide quarterly monetary policies of the Reserve Bank of Australia RBA released this morning a final confirmation bias toward easing the central bank with a decline in inflation expectations. However, it was expected that expectations are more optimistic slightly, although this was balanced by confirmation that "further devaluation of the exchange rate seems likely and necessary". "" At the same time, the Chinese disappointing trade figures this morning has maintained the pair also on heavy
The Australian dollar fell against the US dollar during the Asian trading day after the Chinese central bank's decision to cut interest rates for the third time in six months, the decision was made by the Chinese central bank to cut interest lending rates for one year by a quarter percentage point to 5.1% as well cut deposit interest for the year by the same amount to 2.25% that is to start working with this decision of Monday, China is the first trade partner for Australia and the continued stimulus from China indicates the extent of decline and fears surrounding the Chinese economy, which adversely affect the performance of The Australian dollar, was released this morning from Australia Business Confidence Index by 3 to stability, such as the previous reading issued tomorrow and also the annual budget report.
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Stochastic barusaja start pointing upwards. Is likely to break the trendline. If the break, then the target is in 95.03
Recommendation: Buy
pair- aud/jpy
time frame analysis- m15
http://i62.tinypic.com/24b28av.jpg
the price is moving in the up trend but now the stoch and rsi indicator become overbought. the price is down side from the resistance at 95.75 level. short with take profit at 95.15 and stop loss at the 96.00
good luck