elliott flat correction down 90.46 one more dip to 90.80 - 90.42 is likley followed by a grind higher to 91.47 - 91.7 after which it can resume it is down trend
support and reistances
res2 92.53
res1 91.77
piovt 91.17
sup1 90.42
sup2 89.82
elliott flat correction down 90.46 one more dip to 90.80 - 90.42 is likley followed by a grind higher to 91.47 - 91.7 after which it can resume it is down trend
support and reistances
res2 92.53
res1 91.77
piovt 91.17
sup1 90.42
sup2 89.82
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Aud/jpy trend analysis by using different indicator
indicator :
1) RSI (14)
value: 44.82
2) MACD (26,12,9)
value: 0.0939
3) ADX (14)
value: 22.95
4)CCI(14)
value: 46.79
overall trend - slightly bullish.
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aud/jpylast day market analysis by using : average directional movement index wilder(14) & average directional movement index(14)
adx wilder(14) level
style : 37.32
+di : 14.20
-di : 27.73
adx(14) levels
adx : 41.58
+di : 17.43
-di : 21.84
time : 2300
date : 26.07.2013
timeframe : 1 hour
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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.
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.
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.
The breakdown by pattern / reversal Together AUDJPY, volatility in the last 7 days 1.55 at TD the last two days rapper 92.39, support 91.29, resistance 91.96, a feeling that will not go away from full equality of forces in the moment, and yet in recent days has come a long sales order, but it took a fall and the price fixed above support at 91.29, despite reducing the volatility of long sold yesterday, I expect there will be a break-down, but not right away because of the low volatility.
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today i like to sell this pair @ 91.72
my stop loss of the day @ 92.05
half take profit for today @ 91.40
and further half take profit @ 91.16
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Aud/jpy pivot levels for 26.07.2013 by using fibonacci pivot indicator.
resistant 1:92.39
resistant 2:92.13
resistant 3:91.98
pivot point :91.72
support 1:91.46
support 2:91.31
support 3:91.05
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