Thread: Aud/Jpy
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is incorporating a potential reversal at this moment. Wait for a retest at the first level of resistance to receive the best potential entry.
An ABC Zigzag to hit the daily fibonacci fan trend line.
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AUD/JPY
Market trend Bullish
Resistance 72.84
Resistance 73.14
Resistance 73.33
Supporting 72.19
Supporting 72.31
Supporting 72.55
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Audjpy
australian dollar / japanese yen
74.137
jpy
+0.334 (+0.45%)
market open (feb 05 09:43 utc-5)
73.803
prev
73.803
open
154.158k
volume
73.539 — 74.343
day's range
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Unregistered (1)
Aud/Jpy
AUD/JPY 4H Chart: Bounces off support level
Downside risks have been dominating the Australian Dollar versus the Japanese Yen since December 30. The currency pair declined by 3.45% in value during this period.
The AUD/JPY exchange rate bounced off a support level formed by the weekly S2 at 73.81 on January 8. The pair will most likely continue to edge higher in the short-term. The potential target will be near the weekly R1 at the 76.15 area
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Shan55 (2020-02-05)
The price had a bounce at the level of 72.410 and produced a bullish engulfing candle. It closed right at the level of 73.835, where the price reacted several times. If the price makes a daily breakout at this level, it may head towards the level of 76.000 with good bullish momentum. On the other hand, if the level ends up producing a bearish reversal candle, it may make a big bearish move as far as the ABC pattern is concerned. Thus, both, buyers and sellers, are going to keep their eyes on the pair on today’s daily candle.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Shan55 (2020-02-05)
Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
Please like my post
🌷Thanks you🎋
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
After spending a great time on this pair I would be able to understand the trend of this pair. I am not 100% sure about it but it is my opinion only.
Trading recommendation for a big profit is… ( sell)
I use the moving average for analysis
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
After spending a great time on this pair I would be able to understand the trend of this pair. I am not 100% sure about it but it is my opinion only.
Trading recommendation for a big profit is… ( sell)
I use the moving average for analysis
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
After spending a great time on this pair I would be able to understand the trend of this pair. I am not 100% sure about it but it is my opinion only.
Trading recommendation for a big profit is… ( sell)
I use the moving average for analysis
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
AUD/JPY
Market trend Bullish
Resistance 72.83
Resistance 73.17
Resistance 73.37
Supporting 72.17
Supporting 72.33
Supporting 72.59
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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