Eur/Jpy

Eur/jpy analysis for 04.18.2013 by using pivot indicator.

r3: 132.88
r2: 131.31
r1: 128.58

pivot: 128.01

s1: 126.28
s2: 124.71
s3: 122.98

Spoiler:

http://sadpanda.us/images/1541103-YLOCZ4S.png

The position of the current price is above 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 today:125.00

eur/jpy pair kafi acha pair ha ma is pair ma trade kar raha ho is ki market ki muje kuch kuch smj a rahi ha ma is pair ko like kayea ha ma is pair ma achi pratice kar raha ho

Pivot levels today:
R3: 132.52
R2: 131.12
R1: 121.29
PP: 127.83
S1: 125.90
S2: 124.52
S3: 122.59
Comment: Price now is around the daily pivot level, also there is a minor upword trend @ 1H time frame.
Forecast: If the price can break the daily pivot level up, this will open the way to more rising to 131.12, but if it can break 127.31, this may open the way to more fall to 125.45.

my interest is selling this pair @ 128.60 and half @ 128.90
my stop loss of the day @ 129.19
half take profit @ 128.33
and half @ 128.07

Ene on euro per hour chart resistance level of support 129,727 127,518 Expected to grow to the level of resistance to 129,727 placed an order for a purchase price of HB 127,903 127,410 stop loss just below podderzhki.Teyk until at 129,455 probem if the resistance level of 129,727 that growth may be 130,526

although the price is still in the zone of the buyer, I would recommend you to do a sell stop order at 127.06 with a target price which is lower in the form of this week, because I think all of the currency pairs will move into the opponent jpy active in the area

http://charts.mql5.com/1/362/eurjpy-...orex-group.png



hi

how are you

we can see in the 4h chart

the pair can close up the up trend line

i see the pair will go to up way to 129.34

rsi refers that the pair will go up

so our target buy from 128.34 and our target will 100pips

Good luck

time frame- H4
the price is rejected from the resistance at 131.20 and move to the lower side. it is supported at the 124.70 and making a pin bar candlestick pattern. we can short this pair if this is not break the resistance at 129.50 with the target at 122.90

this is the right time t earn from eur/jpy we need some good capital and experience do trading on this pair and buy it from dip every time you earn good profit because up trend is now on this pair usd/jpy is also in this condition