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Instrument: EUR/JPY
Trading Signal - 30/8/2013 - 10:00 GMT+3
60min CHART
Downwards Weak
A Medium probability, entry signal to go SHORT was given at 130.20 after the market found resistance at 130.60. Only the upward break of 130.60 would cancel the bearish scenario and take us LONG.
http://dl.dropbox.com/u/51561036/scr...830-195042.jpg
i saw strong down trend at daily time frame.i will waiting at 130.08 ( low price tokyo open session ) or 130.32 ( tokyo open session high price).if there is any rejection pattern there,i will entry sell and set 30 pips taking profit:)
At the 4-hour chart formed a figure of a little reminiscent of "head and shoulders" formation and notably the right shoulder (above 200 MA 130.50 pair were not allowed), now rate came close to the line of the neck - a horizontal support 129.70 a breakthrough which will be a signal to sell, it should open good potential for further reduction of up to 128.00.
Eur/jpy technical analysis
date : 08.30.2013
time : 15:30 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 35.24
2) MACD (26,12,9)
value: 0.1049
3) ADX (14)
value: 30.89
4)CCI(14)
value: -71.26
overall trend - strongly bearish.
EUR / JPY as I expected a couple strayed from the sliding alligator rate broke through the zone of lower long-term fractal 129.60 a pulse-wave evidence that an aggressive salesperson, now bears important confidence strengthened below 129.60, then we can fall back as far as 128.00 figure, the turning point in the north is above 130.50.
yes on the 4 hour chart shows that the pair's kind of like going to go down today made a breakthrough in the South, but is far from gone ... stir until fairly narrow market chustvuete side .... I think if the price is fixed below today's low it may volantilnost rise and fall another couple 2 figures ..
http://charts.mql5.com/2/402/eurjpy-...orex-group.png
we can see in the 1h chart the pair trading down the 50.0 I see the pair will go to down way to 130.64
rsi refers that the pair will go down
so our target sell from 129.69 and our target will 98pips
Good luck
:respect::woo:
Eur/jpy technical analysis
date : 08.30.2013
time : 16:00 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 44.80
2) MACD (26,12,9)
value: 0.0909
3) ADX (14)
value: 25.00
4)CCI(14)
value: 9.03
overall trend - slightly bearish.
the H1 time frame charts on currency pairs eur/jpy
such as the support resistance on
R3 = 131.08
R2 = 130.8
R1 = 130.52
Pivots = 130.24
S1 = 129.96
S2 = 129.68
S3 = 129.4
with today's market position is at point 129.66
then I strongly recomended you to the open position BUY
consideration for stop loss at 129.46 and take profit at 129.86 Good luck all
http://charts.mql5.com/2/403/eurjpy-...orex-group.png
we can see in the 1w chart
the pair trading down the 38.2
I see the pair will go to down way to 118.47
macd refers that the pair will go down
so our target sell from 129.59 and our target will 1112pips
Good luck
:good::respect: