now i am going to buy this pair @ 98.00
my stop loss @ 97.77
half take profit @ 98.44
and half @ 98.73
Thread: Aud/Jpy
now i am going to buy this pair @ 98.00
my stop loss @ 97.77
half take profit @ 98.44
and half @ 98.73
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Pivot levels today:
R3: 102.26
R2: 101.61
R1: 100.82
PP: 100.16
S1: 99.35
S2: 98.69
S3: 97.89
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price already reaches the S3 level, and may fall to 96.99.
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The long term condition look netral and hold to wait and see. But, intra day trader may be can find if the minor trend are still on bullish condition. The MA480 and MA240 at H1 time chart are still give sign if the price are on weak bullish. So, we can try to find the confirmation on pivot level.
Today SNR :
R3 : 101.70
R2 : 101.31
R1 : 100.90
Pivot level : 100.51
S1 : 100.10
S2 : 99.71
S3 : 99.30
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the pair will go up to fibo
I see the pair will go to up way to 99.85
stochastic refers that the pair will go up
so our target buy from 99.36 and our target will 51pips
Good luck
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aud/jpy market analysis on 23.05.13 by using : average directional movement index
adx : 25.1624
+di : 10.1821
-di : 29.7127
timeframe : 1 hour
time : 0500
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Aud/jpy analysis for 05.23.2013 by using pivot indicator.
r3: 102.18
r2: 101.54
r1: 100.76
pivot: 100.12
s1: 99.34
s2: 98.70
s3: 97.92
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the pair trading down
I see the pair will go to down way to 98.71
so our target sell from 99.71 and our target will 100pips
Good 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.
AUDJPY,H1
Date 2013.05.23
Time 01:00
Open 99.86
High 99.98
Low 99.76
Close 99.84
Volume 138
SMA(5) 99.87
SMA(10) 100.06
SMA(20) 100.19
SMA(50) 100.33
SMA(100) 100.24
SAR 100.47
Indicator window 1
Stoch(5,3,3) 47.9554
Signal 41.2446
Indicator window 2
RSI(14) 38.6296
Indicator window 3
MACD(12,26,9) -0.129
Signal -0.066
Indicator window 4
%R(14) -73.9437
based on combination of indicators above,
trend : BEARISH
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Trading day has begun. Indicator pivot point has emerged. Let's use to trade in these critical levels.
Resistance 3= 101.75
Resistance 2= 101.34
Resistance 1= 100.96
Pivot point= 100.55
Support 1= 100.16
Support 2= 99.75
Support 3= 99.37
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we can see in the 1h chart
I see the pair will go to up way to 100.77
stochastic refers that the pair will go up
so our target buy from 100.00 and our target will 77pips
thanks
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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