Hi All :),
My preferance for Today(Tue) for Eur/JPY is to sell from 130.11 and to stop loss at 131.11,
first take profit is at 129.61 and second at 129.11 (third is optional at 128.81).
God Be with you in trading :)
:yahoo::))):))):woo:
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Hi All :),
My preferance for Today(Tue) for Eur/JPY is to sell from 130.11 and to stop loss at 131.11,
first take profit is at 129.61 and second at 129.11 (third is optional at 128.81).
God Be with you in trading :)
:yahoo::))):))):woo:
EURJPY monthly movements in the benchmark are in a state of consolidation after the up trending conditions. now the price has been below the MA monthly. likely the price will move down to lower monthly BB. this was confirmed by the weekly movement that is in a state trending down. the daily reference also in a state of flat, now the price is in the upper daily BB. short term predictions would be to lower the daily BB. long term predictions would be to lower the monthly BB.
elliott extension wave down 129.10 it may meet resistances in 129.91 - 130.04 zone for a drift down to 129.46 zone after which bounce to 130.49 is anticipated
support and resitances
res2 131.06
res1 130.49
piovt 13004
sup1 129.46
sup2 129.02
Eur/jpy technical analysis
date : 07.30.2013
time : 05:15 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 59.63
2) MACD (26,12,9)
value: -0.1193
3) ADX (14)
value: 15.01
4)CCI(14)
value: 37.53
overall trend - strongly bullish.
The pair intraday analysis at H1 using williams percentage range and moving average are showing the pair on bullish trend. It may continue today. Try to find good support and set Long order on it. Today SNR :
R3 : 131.44
R2 : 131.05
R1 : 130.47
Pivot : 130.00
S1 : 129.44
S2 : 129.00
S3 : 128.43
129.89 EURJPY opening today opened lower than yesterday's opening day Monday before the price of 131.28 and the downtrend is still going to pair EURJPY. Technically using fibonaci price now 130.35 and the price is still trying to break the bullish break in price 130.32 if price is able to break it in the next fibo price will go bullish movement in the price range 130.57 to be at the starting price of 130.82 - 131.58 but if the price is not able to through the price will rebound towards 130.07 - 129.81 even 129.31
EUR / JPY July 30, 2013
BUY STOP 130.65
SELL STOP 129.79
today i like to sell this pair @ 130.33
my stop loss of the day @ 130.67
half take profit for today @ 130.05
and further half take profit @ 129.74
From sloping resistance line intercepted the initiative bears. I assume that the strengthening of the bears continue to support the likely target 129.23. If the bulls can still go back and consolidate above this line, then, is likely to strengthen the bulls will continue with a possible target at the resistance level 131.00
EUR/JPY pair is now down trend. The price already touched daily pivot point (129.985). I think the price may touch Fibo 0.0 level.
http://i1311.photobucket.com/albums/...ps445ff6e7.jpg
I thought that it is a most profit able pair with this i earn a good money from there and i get a good profit from here. Therefore i like the Forex trading and i am very happy to be here.
Spoiler: