EUR/JPY analysis by using pivot indicator. (H4)
R3 132.721
R2 132.478
R1 132.329
pivot 132.087
S1 131.844
S2 131.695
S3 131.453
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EUR/JPY analysis by using pivot indicator. (H4)
R3 132.721
R2 132.478
R1 132.329
pivot 132.087
S1 131.844
S2 131.695
S3 131.453
EUR/JPY Technical Analysis -
Prices put in a Shooting Star candlestick below resistance in the 131.85-132.23 area, marked by falling trend line and the 50% Fibonacci expansion, hinting a move lower may be ahead. Near-term support is at 130.93, the 38.2% level, with a drop beneath that eyeing the 23.6% Fib at 129.80. Alternatively, a move above resistance eyes the next upside barriers at 132.77 and 133.91, the 61.8% and 76.4% retracements respectively.
http://media.dailyfx.com/illustratio...Picture_11.png
the pair trade above the up trend
MACD confirm up way
moving confirm the up view
stochastic also refers to up way ,so the pair will continue to up way
http://www5.0zz0.com/2013/08/26/17/611763164.png
---------- Post added at 08:29 PM ---------- Previous post was at 08:29 PM ----------
http://www5.0zz0.com/2013/08/26/17/611763164.png
the pair trade above the up trend
MACD confirm up way
moving confirm the up view
stochastic also refers to up way ,so the pair will continue to up way
The currency pair is trading above 144 confidently moving into areas 21 and 34 slide. Histogram went from zero to a negative zone. If the histogram moves into positive territory, then the growth of currency and a penetration level of the upper fractal August 23 buy a currency pair. Come on purchases trail.
http://charts.mql5.com/2/364/eurjpy-...orex-group.png
we can see in the 4h chart
the pair trading down the 38.2
I see the pair will go to down way to 130.63
stochastic refers that the pair will go down
so our target sell from 131.67 and our target will 104pips
Good luck
:respect::woo::doubt:
Hi All :),
My preferance for Eur/Jpy is to buy from 131.60 and to stop loss at 130.60,
first take profit is at 132.10 and second at 132.60 (third is optional at 132.85).
God Be with you in trading :)
:yahoo::yahoo::good:
the pair broke fibo 23 to up way
stochastic refers to up way also
so the target is buy the pair to fibo 0
if the pair broke fibo 23 to down way we will cancel the up view
http://www7.0zz0.com/2013/08/26/21/631445605.png
in 1h chart
the pair is trade down the broken up trend
i see the pair will go down to 131
good luck
http://charts.mql5.com/2/365/eurjpyr...rectdealer.png
The following data is predicted based on indicators that we use for the currency pair EUR/JPY today, for today's support and resistance levels as follows: (R3=132,94), (R2=132,63), (R1=132,17), (Pivots=131,86), (S1=131,4), (S2=131,09), (S3=130,63)
recommendation:
place your sell stop at 131,66 target profit at 131,46 (Seller zones)
place your buy stop at 132,06 profit target at 132,26 (buyer zone)
Once in the prediction of several indicators for the technical analysis of currency pairs EURJPY on the market today are at the 131.86 pivot then I recommend you to do the open position SELL with some criteria such as the following
You put a take profit at 131.37 positions
You put a stop loss at 131.97 positions
Support and resistance at
Pivots = 131.86
R1 = 132.18
R2 = 132.64
R3 = 132.96
S1 = 131.4
S2 = 131.08
S3 = 130.62
For long-term targets remain SELL with a target of 40 pips profit