current price of this pair is 104.94. i think its better to take short position for this pair.bcz 20 ema cross the 50 ema and price is below 20 ema also.the economic condition of jpy is more stronger than euro.
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current price of this pair is 104.94. i think its better to take short position for this pair.bcz 20 ema cross the 50 ema and price is below 20 ema also.the economic condition of jpy is more stronger than euro.
Because of the momentum of selling , the pair is trading blow the level of 104.00 and that's maybe be lead the movements to downtrend to reach the level of 103.50 , and because of this , a selling position is suggested with a safety stop loss level and targets equal 45 pips or less
current price of this pair is 104.94. i think its better to take short position for this pair.bcz 20 ema cross the 50 ema and price is below 20 ema also.the economic condition of jpy is more stronger than euro.
The latest break back below the daily Ichimoku cloud delays any hopes for a meaningful recovery on the cross and opens the door for a more significant decline back down towards critical support by the recently established multi-year lows at 100.75
EUR/JPY dropped further to as low as 103.50 last week before making a temporary low there and turned sideway. The development continued to affirm the case that whole rebound from 100.74 is finished at 111.57
If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis
If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 104 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 104 is neutral area, any trade done in between is personal decision and not part of this analysis
if the price is able to penetrate 104.20 price point will try to point higher at 105.00 points. If this is confirmation of penetrating bearish movement. target of 40-50 points open buy
If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis
If a M15 close above 104 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing
The range 104 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis