We had an up and down week for AUDJPY in week 27. Coming to week 28, what are the levels to look out for? Lets take a look at the H4 chart. AUDJPY H4 Mapped out 2 resistance zones in pink and blue. Pink zone – June
Read more →AUDJPY closed bullish at the end of June 2011. At this point in time, price is still stuck in a 400 pips range between the price of 84 to 88. AUDJPY Daily Looking at the day chart, price is potentially forming a bullish flag pattern which is
Read more →Week 25, AUDJPY is in a range. Coming to week 26, a safe way to tackle this pair is to assume the range continues. AUDJPY H4 AUDJPY is at support at the close of week 25. Assuming the range play continues, it is potentially a buy at
Read more →AUDJPY closed at a daily support and resistance zone at the end of week 23. Price movement for the past 2 weeks has been bearish though. Daily Chart Even though price is currently at a good support, the price movement the last 2 weeks suggest a further
Read more →As mentioned in my analysis for week 22, price finally broke out of the 4 weeks long triangle pattern I mentioned. However, the breakout move was short lived as AUDJPY retraced back into the triangle not long after. Coming into week 23, what should we be looking
Read more →Last week, I mentioned that AUDJPY still remains in consolidation. Coming to week 22, nothing much has changed. The market seems to be preparing itself for a huge movement which could be confirmed once price breaks out of either boundary of a very big triangle chart pattern.
Read more →As an update to the AUDJPY analysis for week 21, AUDJPY is still consolidating within the triangle chart pattern. This is a 4 weeks consolidation dating back to Week 18 of the year. 3 strategies to tackle this pattern 1. Playing the range An easy strategy to tackle
Read more →It was a bullish week for AUDJPY in week 20. Coming to week 21, what are key levels to look out for? How to know if the trend has changed? Let us first examine the big picture of AUDJPY. AUDJPY weekly chart shows a potential bull trap.
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Read more →AUDJPY continues its fall, dropping about 100 pips from the opening of the week. Price has the potential to fall further based on the strong bearish momentum for the past 2 weeks. What are the levels to look out for? How to buy in anticipation of a
Read more →AUDJPY finally had a correction, a big one indeed. Price fell more than 450 pips from the top before rebounding a little to close the week. Are we still on an uptrend or has the trend reversed? Lets first inspect the daily chart. AUDJPY Daily We have
Read more →Posted trade idea in the forum yesterday. Link below(Students only). http://daytradeforex.terraseeds.com/forum/audjpy/audjpy-awaiting-1234-short/#p1357 Executed a short trade on AUDJPY based on a typical 1234 Tflow® short strategy. Take a look at the illustration below to find out how a typical Tflow® trade is executed AUDJPY H4 Tflow® allows me to
Read more →My prediction for last week was spot on. Price bounced up after hitting the EWUS level I indicated. Coming to week 18, how can we trade this pair and what should we be looking out for? AUDJPY H4 Price is still expected to hit predicted profit target
Read more →AUDJPY rejected a support zone in Week 16. Coming to week 17, what should we be looking out for? AUDJPY H4 Price tried to close below strong support zone in green last week but the bulls proved too strong at that zone. Coming to week 17, we
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