Aud/Jpy

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

adx : 51.0821
+di : 22.6528
-di : 14.9556
timeframe : 1 hour

time : 0700
date : 22.11.2012

Support: 84.19
Pivot: 85.20
Resistance: 86.22

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

Spoiler:

http://sadpanda.us/images/1260627-E1AC3BM.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: 85.92/86.34

This pair on still look nice up bulls. We see the price on try to max. it's bulls to near the 150.0 fibo at 86.00. So, search for buy here now of course still better with use TP before price touch the 150.0 fibo (near the price 86.00),

Scenario for today
Elliott: impulse wave up 86.02
It should try higher up to 85.55 - 85.89. Entry point 85.21 or 85.04. After this rise, a correction is expected.
Warning: End of trend
Technical points
Key point 86.0500
Entry point 85.2400
Elliott 81.9700
Closing 85.5500
Projection 86.8500
Trendline 84.7500
Trendline 84.9300
Supports / Resistances
Res 2 86.2300
Ex-High 85.5600
Res 1 85.8900
Pivot 85.2100
Sup 1 84.8700
Ex-Low 84.5400
Sup 2 84.2000

AUDJPY had been rejected by the resistance level at 85.71 yesterday. Now, I think AUDJPY is trying to reach the support level at 85.15. I think if AUDJPY can break that support level, it will give a chance for AUDJPY to fall more deeper, maybe to the lower support level at 84.51.

Spoiler:

http://puu.sh/1teWS

Support: 85.13
Pivot: 85.65
Resistance: 86.16

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 hold

Technical Analysis For AUDJPY 80% Buy

AUDJPY can be more to nice pullback to bearish as long as the buyer still can not up again more to that strong resistance at 85.94. Of course with this look search for sell OP is better but with use SL on above that 85.94, I see

Aud/jpy technical analysis for 23.11.2012 by using : Auto pivot indicator.

resistance 3:86.48
resistance 2:86.22
resistance 1:85.95

pivot point :85.70

support 1:85.43
support 2:85.17
support 3:84.91

AUD/JPY support & resistance 23/11/2012
S3 85.14 S2 85.35 S1 85.56
R1 86.09 R2 86.30 R3 86.52
indicators:
MOMENTUM(10) :buy
ROC(10) :buy
MACD(26,12,9): buy