Thread: Aud/Jpy
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Today(14-1-13 ) pivot point are-
Resistance 3- 95.03
Resistance 2- 94.73
Resistance 1- 94.30
Pivot point- 94.00
Support 1- 93.57
Support 2- 93.27
Support 3- 92.84
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Thank you my friends on this analysis to pair the Australian dollar and the Japanese yen pair is witnessing a lot of strong moves in the market and continuously Thank you and good night .
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Yes, simply stupendous pair broke the resistance that has kept since 2009 ... now uchytivaya overall trend for the currency pairs and the emptiness ahead we can say that the path is open and waiting for growth to 100-103![]()
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Price on still look sideways bellow that so strong new supply 94.53. But, I see, for next trade, search again for sell OP is better if truly the strong seller was can break down more to that 23.6 fib at price 93.72. If that 23.6 fib can be break down = Yes, make search for sell
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he price till now look to just sideways. we can see that price still move quite slow on so near that bellow the supply 92.70. But, of course, as long as that supply 92.70 still can not be break by strong buyer and here can formed a nice strong bearish candle the
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Time frame- H4
well this pair is still in uptrend in day chart. last day it was making a good up movement so today the movement is just for some correction in up movement. if we analysis this pair with stoch indicator we can see it is in the range of overbought. so before entry with this pair we must clear that price will break the trend line with comeout from over bought area. if this is break the support level 92.85 than it will be come to 91.73 level
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.
Also by our analyse AUD/JPY should begin a massive downfall. This huge uprise was such like it would be a bull market, little, almost none correction and little steps up and up in the price movements. But there is a bearish market, don't forget it. This uptrend was so long only because of the fundamental news. And it will not be durable. 83.00 is the reasonable price, which probably will reached in this month.
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For AUDJPYthis look (H4-TF chart) more bearish of course. Look, as long as that strong resistance at price 92.83 can not be break up by buyer again = yes, make plan to search sell OP . better here now.
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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