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We need break below 128.10 and then 126.71 to test the 124.96 and then we will confirm that bearish trend has
continue and we are going to 118.73 for a ride which is 38.2% of rise from bottom to top Howerver in order to remain
on the bull side we need a break above 130.00 which will confirm the early correction and start of 3 rd wave of one
larger degree and then test of 134.70 area
check the chart
Regards
http://i1292.photobucket.com/albums/...ps836c38cf.png
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we can see in the 1h chart the pair will go up to fibo 50.0 I see the pair will go to up way to 128.65
stochastic refers that the pair will go up
so our target buy from 127.93 and our target will 70pips
http://charts.mql5.com/1/885/eurjpy-...orex-group.png
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EUR JPY adopted negative scenario yesterday after failing to surpass 129.20 level and decline to close around 127.60 as expected previously, and in general, stability above the moving average supports the bullish bias domination in the near and medium term.
Stochastic settles around 50 level to support the expected positivity and re-attempt to breach 129.20 level, and until then, we continue with the neutrality to avoid the risk of price fluctuations between the moving average at 126.60 and the above mentioned resistance line.
http://charts.mql5.com/1/885/eurjpy-...orex-group.png
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hi;;;
high:128.02
low:127.83
point:43
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Hi,
My preferance for Eur/jpy is to buy from 128.60 and to stop loss at 127.20,
first take profit is at 129.00 and second at 129.50.
Good luck for everyone :)
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Hi,,
in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 125.73
I expect from this analyze that the price will go to down way
so sell from 127.96 to 125.73
good luck
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hi;;;
price:127.88
will sell:126.88
:respect:
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scenairo for eur/jpy
elliott correction zigzag 127.44 it is likley to fall towards 127.27 - 126.32 unless a corrective rally breaks the 128.72 resistnces stop bove 129.19 zone
support and resistances
res2 130.16
res1 129.19
piovt 127.27
sup1 127.27
sup2 126.32
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EURJPY,H1
Date 2013.06.26
Time 01:00
Open 128.16
High 128.38
Low 128.16
Close 128.28
Volume 181
SMA(5) 128.07
SMA(10) 128.01
SMA(20) 127.91
SMA(50) 128.22
SMA(100) 128.49
SAR 127.31
Indicator window 1
Stoch(5,3,3) 70.2703
Signal 68.5413
Indicator window 2
RSI(14) 55.8270
Indicator window 3
MACD(12,26,9) -0.015
Signal -0.078
Indicator window 4
%R(14) -9.1743
based on combination of indicators above,
trend : NEUTRAL
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Hi dear . i think now its time for this pair to go up..it can be bought from here till 117..
thsi pair is not showing too much move..but for now its signals are suggesting for this much only .