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indication from Accumulated Oscilator (AO), and Gator Oscilators are negative value as downtrend movement but Relative Vigor Index (RVI) is still indicating uptrend so pair is still in step by step bearish from 119.88 although both of fast stochastic and slow lines are upward after crossing near buy border level 20 as reversal direction to re-bullish
http://charts.mql5.com/1/254/eurjpy-...orex-group.png
hi
how are you
we can see in the m15 chart
the pair trading down the 50.0
I see the pair will go to down way to 119.62
stochastic refers that the pair will go down
so our target sell from 119.75 and our target will 12pips
Good luck
i think this currency pair will still move downward because it failed to move up this morning and also
the strong move down will attract more seller to come and sell more. so my bias is to the down side.
if price cross the 119.00 mark then it will continue to move down stronger.
In the M30 time frame the price is moving in the channel pattern. it is acting at the resistance 120.20 and the two support. first support at the 119.40 and other support at the 199.20. now cci is overbought so we can sold this pair with the target fist support at 119.50
Just decided to add one more sale at eur / jpy, steam after a long lateral consolidation still not managed to strengthen above the area of the upper fractal 120.00 figure and fighting off competition from sliding alligator resumed its decline and broke the 119.60 support, southern trend is still in force and goals may again be to support 119.10.
this pair is currently moving in a channel. moving in the range of around 50 pips (more or less).
those who entered looking for a downward move will have to be patient. let's just see what the market
will bring to us during the next 2 days before weekend...
elliott elongated flat correction down 119.06 market should hold major support at 118.84 befor rising towards 120.24 or even 120.70 limit
support and resistances
res2 120.70
res1 120.24
pivot 119.23
sup1 119.23
sup2 118.68
I wanted to share a little about my daily life in the trade, this time about the pair Eur/Jpy.
I Buy Limit from 119.110
by SL: s2
do not forget to take profit at 119.34
Daily Info :
Support 1: 119.217
Support 2: 118.670
Support 3: 118.210
pivot: 119.677
Resistant 1: 120.224
Resistant 2: 120.684
Resistant 3: 121.231
All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.
Analysis for today's 03-Apr-2013
#Happy trading
see the movement in the market in the EURJPY pair DAILY timeframe seems when low close doji candlestick will break there will be a continuation down. take profit of the safest for channel trendline on the bottom section. but when later formed a doji candlestick closing again then we have to wait for further confirmation.
https://lh5.googleusercontent.com/-3...5BUNSET%5D.png
http://charts.mql5.com/1/258/eurjpy-...orex-group.png
hi
how are you
we can see in the 1d chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 118.21
stochastic refers that the pair will go down
so our target sell from 119.41 and our target will 120pips
Good luck