In the H4 time frame the price is rejected from the resistance level at 99.95 stoch and cci is also move out from overbought area. we can short this pair with the target lower support at 98.50 with stop loss at 100.00
In the H4 time frame the price is rejected from the resistance level at 99.95 stoch and cci is also move out from overbought area. we can short this pair with the target lower support at 98.50 with stop loss at 100.00
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Pair : AUDJPY
Updated : Fri, March 15 8:43 p.m.
Price : 99.33
Movement : -45.5 Pips
Movement : -0.46%
Support : 98.36
Pivot : 99.52
Resistance : 100.68
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elliott support in a zigzag correction 99.24
uptrend is stell intact in a triangle configuration it should contine to rally to 100.06 or 100.26 if support around 99.54 hold after which a pullback to 99.54 - 99.32 zone is possible
technical point
key point 100.24 - entry point 99.69 - elliott 92.97 - closing 99.82 - projict 102.31
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Aud/jpy analysis for 03.15.2013 by using pivot indicator.
r3: 101.33
r2: 100.61
r1: 100.18
pivot: 99.46
s1: 99.03
s2: 98.31
s3: 97.88
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Aud/jpy technical analysis by using moving averages.
date : 03.15.2013
time : 0930 GMT
time frame : 15 min
sma200 : 99.41 signal- buy.
sma100 : 99.72 signal- sell.
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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.
in the H4 time frame the price is again move to the overbought side as per stoch and cci indicator. we can hold our long position. we can move our stop loss to the lower side of resistance at 98.50 with the target 100.50
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.
Aud/jpy analysis for 03.14.2013 by using pivot indicator.
r3: 99.88
r2: 99.51
r1: 99.22
pivot: 98.85
s1: 98.56
s2: 98.19
s3: 97.90
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.
"( 3 weeks back): Any break below 94.80 will indicate the break of that pattern and in such case we will expect further consolidation towards the 55-day EMA support i.e. towards the support zone of 92.60 to 92.85. Please check this AUD/JPY chart alert to check on the same. Any decisive break below 92.60 may target 91.19/91.25 support zone. However, if the support over 95.00 holds and a break over the recent 97.43 takes place then we would expect a move towards the strong resistance zone of 98.20 to 98.80."
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