Aud/Jpy

Aud/jpy technical analysis for 21.11.2012 by using : Auto pivot indicator.

resistance 3:85.62
resistance 2:85.26
resistance 1:85.06

pivot point :84.70

support 1:84.50
support 2:84.15
support 3:83.95

If we look on H4 time frame, I think there's a reversal tendency on AUDJPY. But I think it will be better if we wait a confirmation first. If AUDJPY can break 84.51, it may become a confirmation that AUDJPY may falls and maka a reversal movement to the lower support level at 83.84.

Support: 84.16
Pivot: 84.67
Resistance: 85.19

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands buy

Technical Analysis For AUDJPY 100% Buy

The AUD/NZD currency pair is one of the most traded currency pairs on the forex market today. The Australian dollar is the fifth most traded currency, and the New Zealand dollar is the 10th most traded currency. In order to properly trade these two currencies, it is essential to sta

AUDJPY till now on still move near that strong supply zone (85.10). Just be aware and just wait and see. Then of course, the price can more called nice bulls if the supply 85.10 can be break too by strong buyer here.

Scenario for today
Elliott: elongated flat correction up 85.24
Uptrend is still intact in a triangle configuration. It should continue to rally to 84.95 or 85.02 if support around 84.68 hold. After which a pullback to 84.68 - 84.59 zone is possible.
Warning: End of trend - Imminent end of bullish move
Technical points
Key point 85.1400
Entry point 84.8500
Elliott 81.9700
Closing 84.8400
Projection 85.5000
Trendline 84.5800
Trendline 84.8100
Supports / Resistances
Res 2 85.2000
Ex-High 84.8700
Res 1 85.0200
Pivot 84.6800
Sup 1 84.5000
Ex-Low 84.3500
Sup 2 84.1700

yes very good trend formed on AUD / JPY, each pierced resistance becomes support, it means that there are buyers who are willing to pay more and more, so I think you should try to join them ... to a place where the price will be pulled back so that the support values stop bolo or very large ...

Spoiler:

http://sadpanda.us/images/1259828-SSSBBWU.png

On the H1 chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 85.61

Aud/jpy technical analysis for 22.11.2012 by using : Auto pivot indicator.

resistance 3:86.99
resistance 2:86.29
resistance 1:85.93

pivot point :85.23

support 1:84.88
support 2:84.18
support 3:83.82

In my view, the bullish movement on AUDJPY still strong and there's not a significant reversal signal yet. Now, AUDJPY is moving near the resistance level at 85.71. If AUDJPY can break that resistance level, I expect AUDJPY will try to touch the next resistance level at around 86.30.