Thread: Aud/Jpy
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 74 sell only and do not buy. If price closes back above it again do nothing
The range 74 and 75 is neutral area, any trade done in between is personal decision and not part of this analysis
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an opportunity has arisen for traders to collect profits on an AUD/JPY pair short should it break its descending triangle support.
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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 76 and 74 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.
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
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.
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.
we can notice from the chart that the pair has closed it's daily candle under 75.00 , that's mean the down trend is expected and the pair might head to 74.70 then 74.50 , however the pair made a hourly correction
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as what i can see in the hourly shart i think is alreday showing the down bur in my opinio he want to up so wait for the macd will be up to the 0 level thersi will be up to the 50
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as we can notice from the chart , the pair has stated it's trading week under the level of 75.00 and that's mean that the down trend is expected for this week and the pair might head to 74.40 and then 74.00
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by the time i wrote this analysis the price is now sitting above the trendline and it seem it will close above the trendline within 1h from now.....ok let see what happen tomorrow.....my view is still the same this pair will go down until 82.85
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 in the hourly shart it showing the up trend after closing abouve the 78.4 the macd is abouve the 0 level the rsi is abouve the 50 level ;general indicator give the uptrend
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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