Aud/Jpy

Aud/jpy technical analysis for 22.10.2012 by using : Auto pivot indicator.

resistance 3:82.90
resistance 2:82.65
resistance 1:82.29

pivot point :82.04

support 1:81.69
support 2:81.43
support 3:81.08

AUDJPY almost touch the support level at 81.54. Beside that, I think AUDJPY still in bearish sentiment. So, I think AUDJPY will try to touch the81.54 support level again today. Then, if AUDJPY can break it successfully, this pair will continue the down trend to the next support level at around 80.92

aud/jpy technical analysis by using : average directional movement index

adx : 33.2847
+di : 19.6091
-di : 15.2771
timeframe : 1 hour

time : 1900
date : 22.10.2012

Aud/jpy technical analysis for 23.10.2012 by using :Auto pivot indicator.

resistance 3:83.81
resistance 2:83.20
resistance 1:82.86

pivot point :82.24

support 1:81.90
support 2:81.29
support 3:80.95

AUDJPY is moving between the support and resistance level now, and the breakout movement may happens on AUDJPY today.
If AUDJPY can break the resistance level at 82.67, this pair may goes up to the next resistance level and continue the up trend to 83.17. But if AUDJPY can break the support level at 82.17, this pair may make a correction to the next support level at 81.54.

aud/jpy technical analysis by using : average directional movement index

adx: 36.9428
+di : 14.2019
-di : 20.7174
timeframe : 1 hour

time : 2000
date : 23.10.2012

AUD JPY 24 oktober 2012

Elliott: common flat correction up 82.52
While above 81.82 - 81.52 zone a corrective dip could test 82.11 or 82.56.
Technical points
Key point 81.7600
Entry point 81.7100
Elliott 81.6300
Closing 81.9700
Projection 82.5200
Trendline 81.6600
Trendline 81.6900
Supports / Resistances
Res 2 83.1600
Ex-High 82.7000
Res 1 82.5600
Pivot 82.1100
Sup 1 81.5200
Ex-Low 81.6600
Sup 2 81.0700

Aud/jpy technical analysis for 24.10.2012 by using : Auto pivot indicator.

resistance 3:83.65
resistance 2:83.19
resistance 1:82.59

pivot point :82.12

support 1:81.52
support 2:81.06
support 3:80.45

We can see on the daily time frame that the previous candle is a bearish engulfing candle. So, I think AUDJPY has a potential to fall today. In my view, AUDJPY will fall to the support level at 81.54 or even lower. This set up will fail if only AUDJPY can break the yesterday's high.

Level 82.49 become next barrier level for AUD/JPY to move up. If price can break this level, it estimated will touch monthly ressistance 1 level (82.66). but stochastic signal condition in all time frime shown in overbought area, it may affect for price and hamper price to up movement.