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At present, the pair continue to rise in the uplink, given the pair associate with access to data on employment in the United States, meanwhile, the maximum been a strong resistance level for the pair, so that even in case of breakdown of the resistance of the pair goes into corrective decline, possibly topping up for sale in the breakdown of the maximum of this year
Eur/jpy pivot levels by using fibonacci pivot indicator.
r3: 131.88
r2: 130.91
r1: 130.32
pivot : 129.35
s1: 128.39
s2: 127.79
s3: 126.83
I included the picture it is a graphic display of the EURJPY currency pair on the daily chart, which allows prices to bullish towards 131.18, then the recommendation from me for now is still in a bullish you can put a buy stop at 130.38 price. and sell stop at 129.14 with a target price is 20 pips
bial no fundamental news can in tomorrow Make sure the price will go down ... because the eur / jpy is mencapaititik peak .. so just waiting for the declining trend
see movement in the market EURJPY H4 timeframe, very risky for open positions at this time. because it is still among the support and resistant as illustrated below. to be bearish candlestick penetrated support when it becomes possible to move down again, although less likely. power seems to really master bullish market EURJPY for today, but for the open position at least buy us wait for break high bearish candlestick first.
https://lh4.googleusercontent.com/-6...5BUNSET%5D.png
Pair : EURJPY
Updated : Mon, May 06 21:15
price : 130.10
movement : 24.7 Pips
movement : 0.19%
Support : 126.88
Pivot : 129.34
Resistance : 131.81
:doubt:
http://charts.mql5.com/1/485/eurjpy-...ex-group-2.png
hi
how are you
we can see in the m30 chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 129.73
stochastic refers that the pair will go down
so our target sell from 128.73 and our target will 100pips
Good luck
the pair losses 130.00 handle
ECB Draghi’s speech triggered the tumble of the euro today,
affecting the EUR/JPY performance as it fell from 130.20 area down below the 130.00 mark.
time frame- H1
macd indicator bar is going to reduce and price is making higher high at the same we can see rsi 21. it is moving to down side with hitting overbought level 70. short this if it is close below the 129.34 and stop loss at the 130.55
good luck
As you see in my following attached chart, the pair traded between a high of 130.31 and a low of 127.83, closed at 129.87. Today the pair trades below the resistance line of 130.75.
Downside Scenario: EURJPY could decline to the levels of 129.00, then 128.20, if the resistance line of 130.75 holds.
Upside Scenario: Upside penetration of the resistance line of 130.75 could send the pair to the levels of 131.40, then 132.50.
http://img11.hostingpics.net/pics/648421391.png