Subscribethis analyze was in market close and price go to 83.13 and back from it to level 80.50 close this 4 hour under level 79.80 or any 4 hour close under it take us to level 78.30 if can't close then we will go up again
Thread: Aud/Jpy
this analyze was in market close and price go to 83.13 and back from it to level 80.50 close this 4 hour under level 79.80 or any 4 hour close under it take us to level 78.30 if can't close then we will go up again
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we can see in the (1h )chart
the pair is between up channel
i see the pair will go to up way
stochastic refers that the pair will go up
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The pair is trading now below the level of 83 , if the pair still trading below this level ;the pair will
continue its down movement to targeting the level of 81.9 and than 80.7.
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If a M15 close above 80 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 78 sell only and do not buy. If price closes back above it again do nothing
The range 80 and 78 is neutral area, any trade done in between is personal decision and not part of this analysis
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as what i can see in the hourly i thin it showing that the pair is bulish after close abouve the 75.7 the macd wnt to up to the 0 level the rsi is abouve the 0 level
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The price can not penetrate the resistance level at 79.511 and is therefore unlikely to fall to the bottom more than that see you here :
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as chart the low for last week support 78.30 and high was 81.55 price close up level 80.52 and it's strong resistance now change to good support so we will see up direction to reach level 83.13
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as we can see it is up channel and the price now over ema50 line on the 4 hr chart. should close over the nearest resistant at 81.50 to confirm more rising
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i see in this chart that the candle is going to uptrend in one hour frame so if you buy now at this price ( 80.755 ) make for you two targets you will be able to get them your first target at (10 pipe) and the second at (the next 15 pipe) and make your stop loos at (100 pipe not more) good luck in this analysis and i hope the profit for all members
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.
we can see in the (1h )chart
i see the pair will go up becouse the bair close above (50)moving average line
and it in up trend
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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