According to my personal experience and market signals of the pair EUR/JPY is on Selling position. the current price of this pair is 101.400
So, the EUR/JPY might be touches the 101.196 .
Best of Luck ...
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According to my personal experience and market signals of the pair EUR/JPY is on Selling position. the current price of this pair is 101.400
So, the EUR/JPY might be touches the 101.196 .
Best of Luck ...
If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 101 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 101 is neutral area, any trade done in between is personal decision and not part of this analysis
The EUR / JPY has just approved a break out of the support located at 101 with a new sell signal.
The course is preparing to test its downward slant (purple line down the chart).
The indicators are bearish.
We continue to advise treat only short positions as the course will be located under 101.50.
Maintaining the course in 101 will strengthen our bearish sentiment on parity.
A break out of 100 will then offer a new sell signal for an extension of the downward movement towards the next support located at 99 or even lower if this level is broken down.
In case of return of the course above 101.50 then we will wait for a break upward from 102 to advise entering / not treat more than long positions on gender.
Attachment 232Attachment 233
The EUR / JPY found support yesterday on its downward slant (purple line down the chart).
The course is currently pursuing its development above this angle.
All indicators are bearish.
We continue to advise treat only short positions as the course will be located under 101.50.
Maintaining the course in 101 will strengthen our bearish sentiment on parity.
A break out of 100 will then offer a new sell signal for an extension of the downward movement towards the next support located at 99 or even lower if this level is broken down.
In case of return of the course above 101.50 then we will wait for a break upward from 102 to advise entering / not treat more than long positions on gender.
Attachment 278Attachment 279
The EUR / JPY has just approved a split of its oblique downward (purple line down the chart).
The course has also validated a break out of the support at 100.
The course is currently pursuing its development above this angle.
All indicators are bearish.
We continue to advise treat only short positions as the course will be located under 100.50.
Maintaining the course in 100 will strengthen our bearish sentiment on parity.
Breaks downward and then 99.50 then offer 99 new sell signals for an extended downtrend.
In case of return of the course above 100.50 then we will wait for a break upward from 101 to advise entering / not treat more than long positions on gender.
Attachment 340Attachment 341
this pair has a good up movement of nearly 800pips in last two weeks and those who bought at that stage will really have a good profit now but at present we have to observe the market and then enter into trade based on the market movement
We may see the fall in euro jpy in few upcoming hours because i think that market is not good at the present time and this is the first day of the market I prefer to stay away from the market and try to put on position when the market is going good at the present time not so sure about any thing.
http://speedcap.net/img/d4076cff4a5c...6/ede6a27a.png
the price of eur/jpy is in the downward trend. the fastest ema couldn't break the slowest ema positively and the price level also trade under the two ema line.
the take profit pips will be -15
with stop loss pips of-35
http://speedcap.net/img/a8c6f5f39130...6/df8aa328.png
the chart is showing that the pair has succeeded in closing it's hourly candle below the tow ema.price goees below the two ema and two ema also cross each other negatively.
we will set take profit pips -25
with giving stop loss pips of-40
the pair is facing strong resistance in area 110-111, we need a daily close above this area to target 123 area then we may have big correction before going above 130 level by end of this year.