Aud/Jpy

AUD / JPY
currently at 95.10, from 1-month lows at 93.55 printed in late NY session, following the uncertainty of the Italian elections, leading to a sell-off massively on different risk assets, including equities, the SP500 down -1.83%, -1.17% or oil on the NY, while a big jump in bond prices or yields lower, making U.S. bond yields fell to 10-year lows around 1 month 1.88% .

The first three days of the week was held to consolidate the achieved levels Thursday and Friday last week, and on Thursday a couple seemed to have demonstrated a tendency to decrease. However, on Friday revived risk appetite and the output of the traditional currency of refuge, pushed a couple up.

The growth in the coming week will be limited to the upper boundary of the current channel - 84.25, in case of breaking up a couple of which will test the strength of 84.74.

When the drop down support will be provided at 82.28. In the case of a deeper fall, it is unlikely band will perform support area 79.60 - 79.48.

The pair already moved about 90 pips on the last week, in my strategy the first week are very crucial, so i think it will make good start for this pair to continue it bullish condition if the pair are always traded above the crucial pair. We can see at 91.25, if that price are still not pass by the price, it will make the bullish trend still continue

Technical analysis of AUD/JPY is bearish

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is:79.06
2> Resistance level is: 79.45
3> Resistance level is: 79.78


Supporting level is

1> Supporting level is: 78.33
2> Supporting level is: 77.99
3> Supporting level is: 77.60

chart demonstrates that the price have tested the support level @38.2% and also tested the bullish trend shown and continued in a bullish direction , so the price is testing now the resistance level @50% and if the price could break this level and close above it we will have a strong signal to buy as the price will continued in a bullish direction till reach the resistance level @61.8% ,

AUD/JPY

Resistance : R1 97.25 R2 97.50 R3 97.70 R4 98.00
Support : S1 95.94 S2 95.69 S3 95.49 S4 95.19

Open : 96.54
High : 96.69
Low : 96.50
Range : .19 Pips
Running Price : 96.66

Strategy : BUY at the level 96.66 stop loss at the level 95.94 target take profit at the level 97.70 or at the level 98.00

My dear the technical analysis of this pairs and the trend of this pairs Aud/jpy is bearish.

The resistance and supporting level of this pairs Aud/jpy is very success now.

The following resistance and supporting level of this pairs is as under.

The resistance level of this pairs.

First. Resistance level is=79.01
Second. Resistance level is=79.40
Third. Resistance level is=79.73

The supporting level of this pairs.

First. Supporting level is=78.30
Second. Supporting level is=77.94
Third. Supporting level is=77.55

Today aud/jpy current rate : 78.670
Today by observing all the routine of the market carefully i have come to know that the most
suitable and the most profitable selling point will be 78.520
and today the most profitble buy point will be 78.741
I hope you will follow my signals
good luck

Trend formed:
Current price @ 84.52. I follow the trend in h4, although not yet appeared marbels, but it seems the price will go to the line ema62 h4.

Position For Order:
Position 1 ==> instan position
Position 2 ==> buy limit @ 84.37

Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.

Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.

Image link:
http://i1123.photobucket.com/albums/...0116-40-56.png

After rejected from Resistance 96.87 then price is testing support 96.41 now. Lets see whether the price can breakdown support or not for entering buy or sell plans. For additional informations, we can take 96.23 as the sell target.