Analysis of Australian JPY pair rose a significant rise of yesterday, the day I expect is now standing on a strong rebound point at 94.80 possible rebound in the case of boarding expect possible connects to 95.40 and rebound
Thread: Aud/Jpy
Analysis of Australian JPY pair rose a significant rise of yesterday, the day I expect is now standing on a strong rebound point at 94.80 possible rebound in the case of boarding expect possible connects to 95.40 and rebound
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After touching yesterday high on 94.92 now AUDJPY seem like will making some correction after rally 245 pips, not normal for this pair with daily range usually below 100. Today the prices open lower and chance the deep correction will be made until fibonacci area 61.8 or 93.98.
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buy aud/jpy at the level 93.79 with targets at 94.84 and 95.44, but in case of breaking the level 93.24, then sell at this level with targets at 92.23 and 91.52
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aud/jpy technical analysis by using : adx
adx : 27.3972
+Di : 33.9033
-di : 12.1042
timeframe : 1 hour
date : 17.01.2013
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long positions at 93.20 with 93.45 and 93.90 as next targets
the breakout of 92.80 will call for a rebound towards 92.40
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Technical Analysis For Short-Term 60%: Buy
trendspotter: buy
7 day average directional indicator: buy
10-8 day MA hilo channel: hold
20 day MA VS Price: buy
20-50 Day MACD Oscillator: buy
20 Day Bollinger Bands: hold
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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.
For Australian JPY today rebounded from strong resistance at 92.60 expect now Les rise to 94.00 and rebound in the case breached the 94.00 I expect possible climb to 94.60 and rebound
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sell aud/jpy at the level 93.35 with targets at 92.22 and 91.50, but in case of breaking the level 93.83 then buy at this level with targets at 94.62 and 95.33
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long positions at 93.00 with 93.40 and 93.65 as next targets
the breakout of 92.70 will call fro arebound towards 92.50
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.
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