eurjpy is maintaining the bullish moves and going extremely good .i would suggest long in this pair @ 124.80 and target level is 128.90 stop loss will be arround 123.77 thid trade can earn 410 pips with 103 pips stake.
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eurjpy is maintaining the bullish moves and going extremely good .i would suggest long in this pair @ 124.80 and target level is 128.90 stop loss will be arround 123.77 thid trade can earn 410 pips with 103 pips stake.
Daily analysis for the pair of EUR yen , I expect the pair to continue climb to 127.54, but in the case of landing expect fall to 125.75 in the case of breakage expect fall to 124.99 and rebound and God knows
Daily analysis for the pair of EUR/JPY
Spoiler:
[IMG]http://i49.tinypic.com/34e6m2w.png[/IMG]
wait n see :)
In my opinion, EUR JPY will try to breakout the yesterday lowest price. It was similar with EUR USD condition. I think the news from makret today give good signal if JPY will try to rise again. But, see the rate of the Japan Bank, maybe it will take long time until it was normal again.
Eur/jpy analysis by using : moving averages.
date : 02.07.2013
time frame : 15 min
ema5 : 126.91 signal-sell.
ema10:127.04 signal-sell.
ema20:127.16 signal-sell.
time : 03:30 GMT
how about this ..
[IMG]http://i45.tinypic.com/63u341.png[/IMG]
The position of the current price is below 50 EMA on the daily chart, momentum is bearish
The position of the MACD iscross the line under area 0, the momentum is bearish
Trend today: Bearish
Target today:133.97
Achieved price pair trades yesterday down partly based on the level of the piercing channel at a price of 126.00 almost to stand at this level without further corrective decline until this moment.
eur/jpy
the pair has been rejected form the resistance level from 127.56 this is not able to break and will try to make double top chart pattern. if the support 125.82 is break we can short this and target can be set at 125.00
Pair made a very strong request to change the main trend, a strong reduction of the pulse did not save even a couple of 126.00 support, broke her course with little or no effort (even the bulls did not resist) are now trying to strengthen the exchange rate below this point, the path is open to the south and the objectives can bear simply be to support 124.17-because it is the closest a strong level of which may resume shopping.