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http://charts.mql5.com/1/96/eurjpy-h...nies-group.png
hi
how are you
we can see in the 1h chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 123.65
stochastic refers that the pair will go up
so our target buy from 123.17 and our target will 52pips
Good luck
:respect::peace::accute::))):yahoo:
i can not understand why eru/jpy fall down.it is minus more than 300 pips only one day.is there any news about this currency pair.please share it ,i am scared about this pair.
The strong downtrend is still valid there and it has been made draw down until 38.2%. My expectation the price will continue fall down to re-test 118.80 then we can use this barrier as the barometer for the next directions. Meanwhile the price directly breakup 122.00 then we have to consider for buying plan.
EUR / JPY 121.00 Handle Pull Back
EUR / JPY pullback last at 121.04 basis impenetrable line around the handle 122 Italia following the election results, from one-month lows at 118.73. Terjai bounce after the weakness of most of the yen, while the euro was steady around the session low and the lowest 1-month at 1.3072, knowing now that the election is very likely there are other needs in Italy before the year ends, given the very diverse results, which could complicate the formation of the government.
Hourly chart shows extreme oversold levels, but the recovery found resistance at the 120.40 price zone, and the pair below 120.00, I would not expect much upside at this time, but instead, a surge is likely to provide an opportunity to sell, "he suggested, adding: "4-hour graph shows a strong bearish bias, and a retest of the lows around 118.70 seems possible today,
Support: 120.17, 119.79, 119.30
Resistance: 121.91, 121.53, 121.04
that that could be correct. but we can see a breaout to the bear. EURJPY, currently at 119.9....region this morning, a sustain break of ths lvel wouldcap price to dec high at 106.65
EURJPY moved in a strong bearish movement yesterday. Then, after that strong bearish movement, I think now EURJPY has a big chance to make a correction movement. Now, this pair is trying to break the resistance level at 120.96. Then, if it success, this pair may goes up to the next resistance level at 121.71.Spoiler:
sell eur/jpy at the level 120.15 with targets at 118.19 and 115.54, but in case of breaking the level 121.53, then buy above this level with targets at 123.78 and 125.14
M30
Prices are still below 124.29 pivot shows today tend to fall .. MA crosses down 10 and 20 indicate a strong trend is still down. RSI is not yet overbought conditions. Will ride prior to the pivot and then back down towards 117.37 S1 corresponding trend?
:)))
Eur/jpy analysis for 02.26.2013 by using : pivot indicator.
r3: 130.22
r2: 127.71
r1: 123.81
pivot : 121.30
s1: 117.40
s2: 114.89
s3: 110.99
http://charts.mql5.com/1/99/eurjpy-h...nies-group.png
hi
how are you
we can see in the 4h chart
the pair trading down the 61.8
I see the pair will go to down way to 118.93
stochastic refers that the pair will go down
so our target sell from 120.54 and our target will 150 pips
Good luck
:respect::good::accute::peace: