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AUDJPY FALLING!!!

Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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AUDJPY RISING!!


bullish trend
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AUDjpy to go much lower!!

The weekly chart already shows the pair declining, with the stochastic indicator crossed down and headed below the 50 line.
My target is below the lower bollinger band, around the 92 mark.
The daily chart also shows a decline, with the pair heading towards the lower band.
I expect a break out to the support at 92.
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P3tr4 30 Jan.

The charts show a strong support at 91, with price ow at 91.50.
Before we see any more bearishness from the pair, we would have to go below 91, i doubt that will happen this week or this month. This could be my winning forecast.:)

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P3tr4 30 Jan.

My analysis on this pair was relatively accurate, although there is a strong chance that the yen may appreciate further. It all depends on how the market opens on Sunday night, right now, 91 is a good support area to start pulling some long trades. It has been a very volatile month.

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P3tr4 30 Jan.

Price is playing around my forecast area.
I see a possibility of the Aussie gaining in the next few weeks, i am just hoping it does not start before the close of the contest. have a great weekend everyone.

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P3tr4 1 Feb.

the pair has closed within 10pips of my forecast price, lets see how things go on monday.

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CD1V1 2 Feb.

good luck

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Bullish AUDJPY

I am expecting the AUDJPY to turn bullish very soon. My target is 103, which is near a previous high, as we can see from the weekly chart below.a
we can also see the bulls in the bounce from the trend line on the monthly chart, big picture: the AUd is very bullish
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VictoriaVika avatar

Good work!

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