Currently testing its short term support line, one more high cannot be ruled out. 8348, the 100% extension of the rally from 7651, is an area that may produce a top.
Thread: Aud/Jpy
Currently testing its short term support line, one more high cannot be ruled out. 8348, the 100% extension of the rally from 7651, is an area that may produce a top.
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.
Support at 78.00 or 77.21 should hold. Then a correction to above 81.38 is anticipated. A clear break of 76.20 is again bearish.
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 markets become more stable, for the time being, the AUD/JPY pair, after rebounding off of its Range Bottom, looks to push through a zone of confluence and test its monthly high once more
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.
One can begin with a small buy even at the present price levels, it is preferable to wait for a daily close over the test level of 79.00, in order to determine with more certainty that the pair has in fact formed a bottom and it is possible indeed to enter into a buy position.
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.
One may need to sell short at 81.00, but shouldnt forget risk control. Risk control measures must be learned before you speculate with your moms retirement fund.
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 will attempt to quarantine our trades from swissie pairs in light of this threat, using the AUD/JPY pair instead as a play on risk.
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.
It is more likely to go down to around 78.54 or lower, and after that, it might have potentially to go up to around 82.25
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 AUDJPY rally from the low is viewed as corrective and should be retraced. The minimum bearish objective is below 7652 but the March low is at risk in the event of another panic drop
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.
AUD/JPY is in some triangle. Break through 61.8% Fibonacci retracement of the last move down (90.02-76.50) and 82.00 could lead pair to more upside
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 81.00 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 79.00 sell only and do not buy. If price closes back above it again do nothing
The range 81.00 and 79.00 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.
Abubakar 148 (2020-04-09)
There are currently users online. members and guests
Threads:
Posts:
Member:
Thanks
Subscribe
Currently Active Users
