Daily pivot Fibonacci points: Resistance levels: R1: 130.46 R2: 130.86 R3: 131.40 Support levels: S1: 129.19 S2: 128.79 S3: 128.15
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Daily pivot Fibonacci points: Resistance levels: R1: 130.46 R2: 130.86 R3: 131.40 Support levels: S1: 129.19 S2: 128.79 S3: 128.15
Today Signal Eur/Jpy
EURO ended the session on tuesday with gains of 1.08%, versus the yen, rallying sharply to register the single largest gains in eight trading sessions. the pair broke out of the 129.50- 129.80 range, closing above 130.00 yen after five trading sessions and indicating that the rally will continue. Trend bullish with the gains likely to extend to 132.00- 132.50; breakout for the symmetrical triangle in an uptrend. Supports placed at 128.00- 128.50. Buy the Pair on dips.
TRADING RECOMMENDATIONS
LONG:
At 129.30 with a stop at 128.80 for a profit target of 132.00
EJ breakout targets.
If it gets into a new high, I expect we will see it retest and then rally on to hit they areas.
Red line is stop. Just under the break out area. https://fbcdn-sphotos-a-a.akamaihd.n...83602336_o.jpg
eur/jpy technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 14.08.13
timeframe : 1 hour
time : 0900
market trand : up
adx wilder(14) level
style : 30.19
+di : 30.49
-di : 16.57
adx(14) level
adx : 21.29
+di : 19.05
-di : 19.25
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 (131.09) R II (131.53) R III (132.57). and to this day support levels as follows: SI (128.81) S II (128.01) S IIII (127.15)
recommendation:
place your sell stop at 129.61 target profit at 129.41. (Seller zones)
place your buy stop at 130.01 profit target at 130.21 (buyer zone)
TODAY'S TECHNICAL LEVELS: Resistance 3: 131.00. Resistance 2: 130.65. Resistance 1: 130.40. Support 1: 129.40. Support 2: 129.10. Support 3: 128.85.
EUR/JPY intraday: UPTREND bias over 129.55.
Pivot@ 129.55
My choice: Open BUY positions over 129.55 with targets at 130.85 and 131.15 in extension.
Alternate choice conditions: Down below 129.55 search for further dow-nside with 129.05 and 128.7 as targets.
http://dl.dropbox.com/u/51561036/scr...814-202853.jpg
According to EUR / JPY seen rising bullish channel, now the pair rested precisely in the lower boundary of the channel (the point of tangency 130.00 strong figure), the course of the day is already half-consolidated U.S. session opening soon, this is to add strength and to resume the bullish trend of the main north, to easily will be the upper limit of the channel 131.00.
today i like to buy this pair @ 130.14
my stop loss of the day @ 129.80
half take profit for today @ 130.37
and further half take profit @ 130.64
Hi,,
in the chart 4h we can see the pair will go to down way in the future
I see the pair will go to 128.88
I expect from this analyze that the price will go to down way
so sell from 130.27 to 128.88
good luck