Here is my analysis today using pivot strategy
buy stop 130.66 tp 130.86 sl 130.26
sell stop 130.24 tp 130.04 sl 129.84
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Here is my analysis today using pivot strategy
buy stop 130.66 tp 130.86 sl 130.26
sell stop 130.24 tp 130.04 sl 129.84
now buyers dominate the market eur / jpy. ranging from monthly buyer, buyer weekly, buyer daily. the greatest probability is buy. use your favorite strategies and only take buy signals. price limits are 131.07 and 129.89
i place pending sell order for this pair @ 129.95 and half @ 130.31
my stop loss @ 130.55
half take profit @ 129.61
and half @ 129.22
though the EURGBP currency pair is still in a uptrend and allow rebounded after the decline today, but I was a little hesitant whether this night happen to see a strong reversal candle position on m30 timeframe that looks strong bearish. so my advice is to place buy stop at 129.83 and put buy limit at 128.32 (s3)
The position of the current price is below the 50 EMA on the hourly chart, the momentum is bearish
The position of the current MACD cross the line above the area 0, the momentum is bearish
Trend today: bearish
Target :127.35
Hello everyone. From the pair still have nedohod to the level of 50% on the monthly chart, this still expect him from working out and he already could be sent to adjust downward, so that today there is a development of the situation and expect, but Monday is likely to start yen rise to all couples, and the dollar too, we'll see.
eurjpy try only just bounced right from the country's sustain 114..
i presume at this time the country's effort for the try to go up into.. it is typically picked up right from right until such time as 117..
thsi try isn't really teaching a rediculous amount of push.. mainly at this time the country's symptoms really are meaning for the a whole lot sole.
EUR/JPY intraday: the downside prevails.
Pivot: 130.2
Our preference: Short positions below 130.2 with targets @ 128.9 & 128.4 in extension.
Alternative scenario: Above 130.2 look for further upside with 130.75 & 131.1 as targets.
Comment: the pair has broken below its support and should face further weakness.
http://dl.dropbox.com/u/51561036/scr...413-023301.png
elliott crucial reversal point acorrection down to 129.81 or lower is now expected from 130.84 or 131,22 abreak above 131.88 is needed
support and ristances
res2 131,88
res1 131.22
pivot 130.45
sup1 129.81
sup2 129.05
Today anlysis using daily open strategy
buy stop 130.50 tp 130.90 sl 130.10
sell stop 129.90 tp 129.50 sl 130.45