this is Australian dollar and Japan currency pair in which the large number of traders are trading and getting much profit this pair has better movement per day its movement is up to 60 pips per day
this is Australian dollar and Japan currency pair in which the large number of traders are trading and getting much profit this pair has better movement per day its movement is up to 60 pips per day
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the opening price of the AUDJPY today started below the Pivot Point at 84.52 which indicate a probably of downward heading on the present market. also as indicated by the movings crosses the quick MA20 comes above the one delayed 48MA which could be identified as a bullish index for a considerable long period of time. As the price carry on moving above the stripe of the tendency magic indicator to mounting the field of the upward direction for the current view. and at the end when collecting all altogether we can get a clear view about the direction which in this case have the best odds to be downward signal and shouldnt fluctuate over the resistance level around the price 85.45 and the take profit could be set between the region of 83.51 and 82.57 on a lineup for scalping sell orders
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the first thing to get mention is the daily opening of the AUDJPY clearly today comes below the primary Pivot of the last day on 84.03 that could prompt a downward trend could be occurs today. and when take a quick look on the moving averages we can get that the fast moving crosses below the slow moving 48 MA to indicate about being in bearish main direction for the pair. another sign to be mention appears by getting the current market rates below the line of the direction magic indicator to improve the chance of the downward pattern goes for the current move. By examination it appears that we will be at downward index and wouldnt possibly overcome the resistance area near 84.43 and the targets could be located near the area of 83.25 and 82.81 in that order for next couple of hours sell orders we may hold
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Click the chart and "PLAY IT"
BAT:
Point B:
38.2% to 50% XA
Point C:
38.2% to 88.6% AB
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
Safe trades;
---------- Post added 02-14-2016 at 12:26 AM ---------- Previous post was 02-13-2016 at 08:03 PM ----------
Click the chart and "PLAY IT"
BAT:
Point B:
38.2% to 50% XA
Point C:
38.2% to 88.6% AB
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
Safe Trades;
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
resistant: 81.65
support: 80.16
long down trend being experienced by aud jpy, if you want to sell entry transaction should, in resistance or after the support has been penetrated by the price and do not forget to put a stop loss.
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AUDJPY movement is still waiting in fibo -61.8 / at the price 83.15 if breaks will go down in fibo -161.8 / in prices 82.01 seen in fibonacy.if last afternoon are still bounced bounced in fibo 0.0 / at the price of 83.85 and then further breaks down if the magic indicator also shows the trend still down.
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AUD / JPY
Resistant: 84.86
support: 83.14
resistant 2: 86.28
aud jpy still stuck on resistance area 1 is at 84.86, if price is not able to break this resistance it will be towards support at 83.14.
if support is able to penetrate it will be towards the next support.
if resistance 1 can be penetrated by the price it will be towards resistant 2. Always pay attention to critical areas in the resistance 84.86.
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
Resistant: 84.86
support: 83.14
resistant 2: 86.28
aud jpy still stuck on resistance area 1 is at 84.86, if price is not able to break this resistance it will be towards support at 83.14.
if support is able to penetrate it will be towards the next support.
if resistance 1 can be penetrated by the price it will be towards resistant 2. Always pay attention to critical areas in the resistance 84.86.
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.
at present the trend in the AUD/JPY is bullish and its price has reached at the maximum level and i hope that it may be again start the downward and this bearish trend may be of 100 to 200 points and in between these support and resistance level it move
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aud jpy still in a state of sideways after a significant increase.
supprt 84.75 and resistance 86.22. This is a strong resistance. if the resistance penetrated only then do buy.
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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