Thread: Aud/Jpy
downtrend not for longer, we can take it for next week for some pips as target , do not take long term for this condition, scallping is good and intra day
this pair will move soon after touch 74.00 or 73.80
and after it, prepare for uptrend, we can see it at TF1H,4
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the chart is showing that the pair is trading under level 76.00 , that's mean the down trend is standing and the pair might reach 75.00 , but if the pair succeeded in breaking 76.00 , it will head to 76.25 and then 76.50
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as what i can see in the 1h the pair have enter in the bearish after closing below the 74.57 the macd is below the 0 the rsi is below the 50 level
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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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If a M15 close above 76 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 74 sell only and do not buy. If price closes back above it again do nothing
The range 74 and 76 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 we can see on the chart , the pair is trading under the level of 76.00 , any way if the pair succeeded in breaking 76.00, it will continue in it's up movements heading to 76.25 and then 76.50
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If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 74 sell only and do not buy. If price closes back above it again do nothing
The range 74 and 78 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 74.00 and then 73.70
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 shart i think it showing the bulish the parbolic sarv is up the macd is abouve the 0 level the rsi is abouve the 50 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.
the chart is showing that the pair is trading under level 76.00 , that's mean the down trend is standing and the pair might reach 75.00 , but if the pair succeeded in breaking 76.00 , it will head to 76.25 and then 76.50
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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