Subscribethis pair managed to rise up and got no problem to takeout the previous high in the 1h chart......but it still not ready to make a volatile move until it can reach 77.00 area.....
Thread: Aud/Jpy
this pair managed to rise up and got no problem to takeout the previous high in the 1h chart......but it still not ready to make a volatile move until it can reach 77.00 area.....
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If a M15 close above 75 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 73 sell only and do not buy. If price closes back above it again do nothing
The range 75 and 73 is neutral area, any trade done in between is personal decision and not part of this analysis
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 chart is showing that the pair has closed it's daily candle under the level of 75.00 , and that's mean that the down trend is still standing and the pair might reach 74.30 and then 74.00
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The AUD / JPY has just approved a return to above 74.
Indicators fro overall haussiers.Nous remain neutral on parity as the course will be located between 73 and 75.
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the trading now above the level of 74.00 will make the uptrend expected and the pair might continue in it's upmovements heading to 74.60 and then 74.90 and that's before bouncing from the resistance levels
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Daily up-trend line has been broken @ 76.00 then retest completed ,
so Falling down will be expected as you see in the folloing chart
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the 4h upper trendline already broke and now this pair traded above it with some pullback on going....... if this pair managed to continue the uprising momentum then we can see another high today if not it will start to go down and maybe it will make a new low later next week
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If a M15 close above 74 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 73 sell only and do not buy. If price closes back above it again do nothing
The range 74 and 73 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
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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If a M15 close above 74.45 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 73 sell only and do not buy. If price closes back above it again do nothing
The range 74.45 and 73 is neutral area, any trade done in between is personal decision and not part of this analysis
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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