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Administrator
Sell Pressure is increasing on AUDJPY!
Hello Forex Community! What about trading? Today I’m going to share my personal opinion on AUDJPY! This is one of the most popular volatile trading instruments! By the way, after touching daily resistance level (@ 90.36) now gradually sell pressure is increasing, so our main focus is on nearest daily support level @82.62! But the thing is, sellers are taking their time! On the other hand, there have few buy pressure for quite a some time! So, don’t take high-risk reward ratio on that trade! Happy trading.
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Senior Trader

Originally Posted by
Steve nison
Hello
Forex Community! What about trading? Today I’m going to share my personal opinion on AUDJPY! This is one of the most popular volatile trading instruments! By the way, after touching daily resistance level (@ 90.36) now gradually sell pressure is increasing, so our main focus is on nearest daily support level @82.62! But the thing is, sellers are taking their time! On the other hand, there have few buy pressure for quite a some time! So, don’t take high-risk reward ratio on that trade! Happy trading.

Thanks again for sharing your analysis! But, I wanna know about the parameters of your moving average indicator! If possible than please!
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Administrator

Originally Posted by
Zachary Davis
Thanks again for sharing your
analysis! But, I wanna know about the parameters of your moving average
indicator! If poss
ible than please!
Why not? They are the EMA 8 and 20! I get good result by using these parameters combined on this trading pair!
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Senior Trader
That’s way I am an active member of this community! I have learned a lot about technical and fundamental analysis by using this forum! Daily fundamental analysis helps me a lot to read the market according to the fundamental data! In addition, I must say your trading analysis is also useful! By the way, what’s the entry point here?
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Administrator

Originally Posted by
Andre Silva
That’s way I am an active member of this community! I have learned a
lot about technical and fundamental
analysis by using this
forum! Daily fundamental
analysis helps me a
lot to read the market according to the fundamental data! In addition, I must say your trading
analysis is also useful! By the way, what’s the entry point here?
Hello Silva; nice to know that you liked my market analysis! Actually, here 90.36 is the safest entry point; if market touches this level once again, then you can open your sell trade from this level! Otherwise, intraday support and resistance is the way of entering this pair! Hope this helps.
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Senior Trader

Originally Posted by
Steve nison
Hello Silva; nice to know that you liked my market
analysis! Actually, here 90.36 is the safest entry point; if market touches this level once again, then you can open your sell trade from this level! Otherwise, intraday support and resistance is the way of entering this pair! Hope this helps.
Thank you very much, Sir, for your clarification and quick reply! 

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