elliott flat correction up 132.49 current rise seems to be over near 131.51 or 132.03 for a retracement towards 130.99 - 130.70 area
support and resistances
res2 132.60
res1 132.03
piovt 130.99
sup1 130.42
sup2 129.37
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elliott flat correction up 132.49 current rise seems to be over near 131.51 or 132.03 for a retracement towards 130.99 - 130.70 area
support and resistances
res2 132.60
res1 132.03
piovt 130.99
sup1 130.42
sup2 129.37
eur/jpy last day technical analysis by using : average directional
movement index wilder(14) & stochastic(5,3,3)
adx wilder(14) level
style : 26.89
+di : 21.53
-di : 13.92
stochastic(5,3,3)
main : 39.84
signal : 59.07
time : end of the day
date : 03.08.2013
timeframe : 4 hour
elliott flat correction up 131.89 acorrective rise should ideally test 131.86 or even higher than 132.38 support are at 130.95 stop loss below 130.56
support and resistances
res2 132.38
res1 131.86
piovt 131.47
sup1 130.95
sup2 130.56
According hour shift a couple more I look at the northern side of the truth .. now there is a small roll back down a little bloat ... but I think the level of support that should stand .... and then after the big boys gain the position again I think a couple moves into the area 132.00 with the possibility of extension up ..
I think 131.24 is high point if you see the tecnicaly. If you can sell at this time of using 100 sl or 200tp. so this is a good idea for take profit so keep in mind you will also see new before trading this is tecnicaly analysis..
Eur/jpy technical analysis
date : 08.05.2013
time : 04:15 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 42.36
2) MACD (26,12,9)
value: 0.0797
3) ADX (14)
value: 17.88
4)CCI(14)
value: -46.35
overall trend - strongly bearish.
Eur/jpy analysis for 08.05.2013 by using pivot indicator.
r3: 132.74
r2: 132.33
r1: 131.85
pivot: 131.44
s1: 130.96
s2: 130.55
s3: 130.07
My daily trading,I hope the day is a success ...
EUR/JPY (Daily Trade)
Open : 131.43
Resistance : 131.50 131.70 132.00
Support : 130.54 130.34 130.04
High / Low : 131.54/ 130.50
Range : 104 pips
Running Price : 130.68
for intraday trade today suggest sell at the level 130.68, stop loss at the level 131.50, target take profit at the level 130.34 or TP 130.04
===GOOD LUCK===
The following data is predicted based on indicators that we use for the currency pair EURJPY today, for today's resistance levels as follows: RI (132.02) R II (132.38) R III (132.79). and to this day support levels as follows: SI (130.81) S II (130.50) S IIII (130.02)
recommendation:
place your sell stop at 131.24 target profit at 131.04 (Seller zones)
place your buy stop at 131.64 profit target at 131.84 (buyer zone)
time frame- m30
the price having a good support at the 130.55 level and this is not break last time here the price is making pin bar candlestick pattern. if the price break this and close below the 130.50 we can short with the take profit at 130.00 and stop loss at the 130.95
good luck