eur/jpy market analysis by adx
adx : 21.6690
+di : 23.2688
-di : 9.9630
timeframe : 1 hour
time : 1400
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eur/jpy market analysis by adx
adx : 21.6690
+di : 23.2688
-di : 9.9630
timeframe : 1 hour
time : 1400
Pair : EURJPY
Updated : Wed, February 27 19:54
Price : 120.13
Movement : 1.6 Pips
Movement : 0.01%
Support : 117.81
Pivot : 120.16
Resistance : 122.50
Main bhi samjha rha hoon kay ab pair upward move kary ga kion kay abhi tak pair nain 119 kay level par double aur phir tripple bottom ka pattern bhi form kar diya hay jo us kay reversal kay bohot strong signal hayQuote:
Originally Posted by mody90
EUR/JPY hit 121.03, up 0.74% and up from a low of 119.22 and off a high of 121.14. The pair sought to test support at 118.77, Monday's low, and resistance at 125.22, Monday's high.
This turnaround of EUR/JPY gains on healthy turnout at Italian auction. I feel like it is not trend reversal but temporary consolidation period.
Eur/jpy analysis for 02.28.2013 by using : pivot indicator.
r3: 124.22
r2: 122.83
r1: 121.98
pivot : 120.59
s1: 119.74
s2: 118.35
s3: 117.50
http://4.bp.blogspot.com/-5AoS5FmXKZ...600/eurjpy.gif
Time Frame H1
pivot 120.6017
S1 119.7623
R1 121.9903
S2 118.3737
R2 122.8297
S3 117.5343
R3 124.2183
MA (25) 123 998
MA (50) 119 954
MA (100) 112 331
Prediction today
Trend: Bullish
Eur/jpy analysis for 02.28.2013 by using : pivot custom time.
r3: 124.18
r2: 122.83
r1: 121.98
pivot : 120.59
s1: 119.74
s2: 118.35
s3: 117.50
in the h4 chart the price is having a very strong support at 199.70. it is not breaking and move to up side. at the time price make a doji patter. but if it is close above the 121.90 we can long with the target 123.00
Euro-yen pair is trading today in the direction of limited and is now under the 23.6% Fibonacci level at a price of 120.90 trying to achieve positive new finds SMA 50
Stochastic gives negative signals
Support 118.35
Resistance 122.83