the pair fails to broke the uptrend in the daily chart and if it continue next week so the price will visit 132.xx level
Attachment 8865
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the pair fails to broke the uptrend in the daily chart and if it continue next week so the price will visit 132.xx level
Attachment 8865
It depends on the trader to decide which one is profitable, some do well in low spread ones and some do better in high spread currencies. I love the low spread ones and always trade on these currencies ...
Of observations by the method of technical analysis I have seen of the currency pairs Eur/Jpy and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 129.76 and there is support and resistance on the
- R3 : 131.08
- R2 : 130.8
- R1 : 130.52
- Pivots : 130.24
- S1 : 129.96
- S2 : 129.68
- S3 : 129.4
then I highly recommend you to open position BUY with
Take Profit is equal to 130.06 as well as Stop Loss at point 129.46
so that the target pips for today I think is at 150 pips
Prices declined as expected after showing a Shooting Star candle below Triangle pattern resistance. Break below initial support at 129.82 exposes 127.96 (August 12 low). Reversal above 130.97 targets the 131.90-132.14 area..
Eur/jpy analysis for 09.02.2013 by using pivot indicator.
r3: 131.304
r2: 130.811
r1: 130.283
pivot: 129.790
s1: 129.262
s2: 128.769
s3: 128.241
EuroJpy signal from me is trying to Buy this pair at 130.0 with taget price taking profit at resistance at 130.65 level .. support in the price stoploss at 129.25 .. ;)
http://s22.postimg.org/yl4pa98ep/screenshot_8.png
eur/jpy
indicator awesome oscillator buy good awesome oscillator indicator best to trader
entey:129.85
tp:130.05
less:129.65
I think that I try just one postition at 115.00 it looks prices will fall at that point.All the best
Eur/jpy analysis :
date : 09.02.13
time : 04:30 GMT
time frame : 15 min
current rate : 130.18
high : 130.35
low : 129.79
net change : 0.11%
overall trend : strongly bullish.
My analysist for eurjpy today, 02 sepetmber 2013
this strategy is using open day daily chart. So, my strategy is based on the open daily price.
This strategy is simple, just using dolly graphic. So my strategy is just using pending order.
Buy stop 130.25 tp 130.45 sl 129.85
sell stop 129.85 tp 129.65 sl 130.25
happy trading, may profit always with us