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EUR / JPY today demonstrated very strong growth, the pair went to the now horizontal resistance of 12,390, given this growth, is expected to be the beginning of the southern correction (especially as already noticeable pause and consolidation), reduction was expected to be a minimum figure of 123.00 (bulls should start record profits).
perjury binocular solely bounced because of her program 114..
in my opinion nowadays her instance of this binocular to move into.. it is invested in because of in this case up to the point 117..
this binocular is absolutely not explaining much more progress.. particularly nowadays her signal are actually implying of this a lot of basically.
this pair is moving up and up and it is looking that if the traders will hold the short positions then this pair may move more up and the next target for this pair is the 1.2430 which may be achieved in next day.
EUR JPY
From 21:26 04-Apr-2013 GMT
Till 01:26 05-Apr-2013 GMT
Sell
Sell at 124.66
Take profit* at 124.22
Stop loss at 125.02
Price action on the H4chart time frame, the price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profitt: 128.28
Eur/jpy analysis for 04.05.2013 by using pivot indicator.
r3: 131.92
r2: 128.28
r1: 126.44
pivot: 122.80
s1: 120.96
s2: 117.32
s3: 115.48
Now buyers are dominating the market eur / jpy ... ranging from buyers monthly, weekly and also buyer buyers daily ... the greatest probability is buy ... but the price has moved very far ... then buy option can be done with limited take profit ... area that might target price is 125.98 and 124.55
i think now its time to this pair is go to up..it can be bought from here........and i think that, it is the best source of income in part-time job... it is very very ease....to us
eurjpy couple merely bounced coming from the help 114..
i do believe today the moment because of this couple to move up.. it could be acquired coming from the following right up until 117..
this couple just isn't exhibiting a lot of shift.. but also for today the signs are usually indicating because of this significantly simply.
EURJPY pair saw movement in the daily timeframe seems bullish strength of this pair and also restrained by the resistant line channel as depicted below. but we must be aware of the power of the bullish power really strong candlestick that has formed close of yesterday. see there will be big news NFP we should be wary.
https://lh5.googleusercontent.com/--...5BUNSET%5D.png
Spoiler: