AUD/JPY – 30M – SELLThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 105.523 is considered certain.
Caution: A possible change in the direction of resistance at 106.313 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ” indicator layout is detected. The indicator shows ”. this is usually a bearish chart scenario. The currency pair is likely to fall.
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Besides a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Besides a ‘Falling Window’ candle chart pattern is found. The chart shows ‘Falling Window’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 106.711 |
| 2nd High | 106.325 |
| Next High | 106.313 |
| Current Price | 105.29000 |
| Next Low | 105.523 |
| 2nd Low | 105.463 |
| 3rd Low | 105.175 |
106.313 – 106.325 – 106.228 – 105.523 – 105.867 – 105.669 —
105.66900 – 105.67300 —
32.717284479424 – 37.693649650573 —
– —
106.31300 – 1768527000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Falling Window – – – – – – – – –