Today we will analyze the currency pair Australian Dollar Japanese Yen (AUDJPY) for internet stock trading in the FOREX stock market,
Stock Technical indicators to notice in Australian Dollar Japanese Yen (AUDJPY)
1- Last bearish trend was from 79.89 $ (12/7/2011) to 77.16 $ (12/19/2011) a 2.73 $ move 2- The current bullish trend started from 77.16 $ at 12/19/2011 and is currently trading at 82.44 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Australian Dollar Japanese Yen (AUDJPY) Short term stock chart patterns for internet stock trading :

4- the currency pair formed a 7.470 $ height triangle which was broken up at 79.130, target of the pattern is 86.600.
Australian Dollar Japanese Yen (AUDJPY) Mid term stock chart patterns for internet stock trading :

5- the currency pair formed a 16.600 $ height triangle which was broken up at 79.720, target of the pattern is 96.320.
Australian Dollar Japanese Yen (AUDJPY) Long term stock chart patterns for internet stock trading :

6- the currency pair formed a 16.600 $ height triangle which was broken up at 79.720, target of the pattern is 96.320.

Stock Trading Conclusion:
Australian Dollar Japanese Yen (AUDJPY) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 86.60, 96.32,.
Stock Support levels : 81.19, 80.42, 79.80, 79.18, 79.02, 77.16,.