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As was to be expected after a strong north-growth with the opening of the U.S. session, the pair went south correction of the decline could not even stop the 130.00 level, consider two scenarios 1. 129.70 would signal a breakthrough for sale, will continue working off the southern stochastic signal, profit at 129.00. 2. higher-capacity version of the 130.00-bye with a profit at 130.90.
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Today Signal- EUR/JPY August 13, 2013
EURO ended the session on Monday with gains of 0.40%, versus the yen, bouncing back
after hitting a six-weel low earlier in the session. the gains could however be capped at
129.50- 129.80 and the pair could resume its near term bearish run to target supports at
126.50- 127.00. Only a close above 130.00 over the next few trading sessions will negate
the bearish view.
TRADING RECOMMENDATIONS
SHORT:
At 129.80 with a stop at 130.20 for a profit target of 127.00
http://charts.mql5.com/2/265/eurjpy-...orex-group.png
how are you
we can see in the 1d chart
the pair can close up the up trend line
i see the pair will go to up way to 132.01
rsi refers that the pair will go up
so our target buy from 130.01 and our target will 200pips
Good luck
how are you
we can see in the 1d chart
the pair can close up the up trend line
i see the pair will go to up way to 132.26
rsi refers that the pair will go up
so our target buy from 130.26 and our target will 200pips
http://charts.mql5.com/2/265/eurjpy-...ex-group-2.png
http://charts.mql5.com/2/266/eurjpy-...orex-group.png
:yahoo::doubt:
we can see in the m30 chart
the pair trading down the 50.0
I see the pair will go to down way to 129.34
stochastic refers that the pair will go down
so our target sell from 130.21 and our target will 85pips
Good luck
Hi All :),
My preferance fot tomorrow for Eur/Jpy is to sell from 130.14 and to stop loss at 131.14,
first take profit is at 129.64 and second at 129.14 (third is optional at 128.74).
God Be with you in trading :)
:yahoo::)
EUR/JPY analysis by using pivot indicator. (H4)
R3 129.539
R2 129.171
R1 128.943
pivot 128.574
S1 128.206
S2 127.978
S3 127.609
elliott common flat correction up 129.71 it should yesy 129.77 area after which a sell off down to 128.27 or extended to 127.64 area is expected
support and resistances
res2 129.55
res1 129.22
piovt 128.59
sup1 128.27
sup2 127.64
EURJPY yesterday moving up until closing day. but when tokyo open this morning, the price moves sideways, and move down a few hours later. this makes LSMA turns red, and the tendency bergerakn down. then follow the current price trend is down, then I open sell. I will observe the price at around LSMA and high today. to take profit area I put in low daily.
Spoiler: