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AUDJPY for 1st October

rashadali Posted 18 Aug. as Analysis on AUD/JPY, Target: 82.6, Date: 1st of October, 12:00 GMT  in #Technical analysis #AUD/JPY
On weekly chart price met resistance above 89 and MACD formed divergence at the same time. Later price fall bellow 84 and then 80
On daily chart we can see that MACD shows divergence. ADX trying to rise. We may see price advancing soon.
CONCLUSION: MACD divergence and rising adx may be sign of retracement. We may see price around 82.6 till 1st October.
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AUDJPY for July

rashadali Posted 28 May as Analysis on AUD/JPY, Target: 84, Date: 2nd of July, 12:00 GMT  in #Technical analysis #AUD/JPY
On weekly chart we can see that price advanced to 50% fibo level and then fall to 23% fibo by breaking uptrendline and 38% fibo. Price again is moving towards 38% fibo.
On daily chart we can see that price broke 38% fibo but could not stay above. It fall to 23% fibo and 55 ema with 34 ema.
MACD rose above 0 line after divergence with the price. ADX is bellow 25.
Conclusion: Price should fall close to uptrendline as in the chart. Then it shoud rise. I expect it to be around 84.00 till July
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AUDJPY for 1st May

rashadali Posted 4 Mar. as Analysis on AUD/JPY, Target: 86.00, Date: 1st of May, 12:00 GMT  in #Technical analysis #AUD/JPY
Weekly chart:
FIBO( 16Nov20114-19Jun2016) Price retraced from 50% and checked it again lately.
Bolliners: Price moved above central band pushing upper band lately.
RS: Is above 50 level. it shows divergence with price chart. and declining.
Daily chart
Bollingers: Price moved mostly above central band several times trying to break bellow.
RSI: Is above 50 but shows decline.
CONCLUSION: I expect price to break latest trend and drop to 38% fibo level. till 1st may. Price should be around 86.00
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