Thread: Aud/Jpy
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gale (2018-12-31)
After rejected from Resistance 96.87 then price is testing support 96.41 now. Lets see whether the price can breakdown support or not for entering buy or sell plans. For additional informations, we can take 96.23 as the sell target.
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gale (2018-12-31), Sarfrazsagar (2019-07-02)
this pair has been break the support at 94.50 in the h1 time frame at the time we can macd indicator is also move below the zero line and giving us short signal. we can short this pair with the target 96.15
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gale (2018-12-31)
sell aud/jpy at the level 96.67 with targets at 96.09 and 95.39, but in case of breaking the level 97.12, then buy above this level with targets at 97.44 and 97.91
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.
After retraced until 76.4%, this pair is back to uptrend again and it is potential to reach 96.85 for re-testing/re-cycle process. However, if price breakdown 96.35 then the trend will reverse into downtrend.
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In currency correlation:check the changing trend of AUD/JPY correlation values over the time to check the changing trends of AUD/JOY against other currency pair.We need to keep in mind the currency correlations is quite important,especially when we are trading with multiple currency pair.
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.
this pair is moving in a channel pattern in the h1 time frame. upper side resistance of this channel is 96.85 and lower side support is 96.47. at the time macd indicator is giving us short signal. we can short this pair with the breaking support at 96.45 and target is 96.00
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 uptrend is more potential to breakthrough previous high but if the price re-breakthrough 96.60 price would make more retracements and it could be make a reversal for the trend there.
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.
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