Eur/gbp analysis for 09.16.2013 by using pivot indicator.
r3: 134.44
r2: 133.76
r1: 133.07
pivot: 132.39
s1: 131.70
s2: 131.02
s3: 130.33
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Eur/gbp analysis for 09.16.2013 by using pivot indicator.
r3: 134.44
r2: 133.76
r1: 133.07
pivot: 132.39
s1: 131.70
s2: 131.02
s3: 130.33
EUR/JPY pair is now down trend. The price already breakout daily pivot point (132.121). I think the price may touch Fibonacci 0.0 level.
http://i1311.photobucket.com/albums/...psd0e11706.jpg
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=133,62), (R2=133,15), (R1=132,59), (Pivots=132,12), (S1=131,56), (S2=131,09), (S3=130,53) and our recommendation:
place your sell stop at 131,92 target profit at 131,72 (Seller zones)
place your buy stop at 132,32 profit target at 132,52 (buyer zone)
time frame- M30
In the price chart it is making a symmetrical triangle chart pattern. it is now break the pivot point at the 131.12 so up movement is expected but it has other resistance at the 132.30. if this level is break we can long.
trade type- long
target - 132.60
stop loss- 131.80
good luck.
My daily trading,I hope the day is a success ...
EUR/JPY (Daily Trade)
Open : 131.80
Resistance : 132.95 133.15 133.45
Support : 132.08 131.88 131.58
High / Low : 132.36/ 131.67
Range : 69 pips
Running Price : 132.05
for intraday trade today suggest BUY at the level 132.05, stop loss at the level 131.67, target take profit at the level 132.95
===GOOD LUCK===
Eur/jpy analysis :
date : 09.16.13
time : 12:00 GMT
time frame : 15 min
current rate : 132.04
high : 132.41
low : 131.66
net change : -0.05%
overall trend : slightly bullish.
Trading Signal - 16/9/2013 - 10:00 GMT+3
Instrument: EUR/JPY
60min CHART
Upwards Weak
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 132.70 resistance level. Only the downward break of 131.50 would cancel the bullish scenario and take us SHORT.
http://dl.dropbox.com/u/51561036/scr...916-202120.jpg
EUR JPY remains above the moving average 55 to return to attempt to settle again above 132.00, keeping the bullish expectation in the near and medium period to achieve 133.60 as main target for the bullish bias. Stochastic returns to settle above 50 level, providing the required positive momentum to achieve the waited target in the previous report in the upcoming period.
http://charts.mql5.com/2/527/eurjpy-...orex-group.png
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 130.98
I expect from this analyze that the price will go to down way
so sell from 132.02 to 130.98
good luck
eur/jpy
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 28.42
+di : 12.17
-di : 20.69
adx(14) level
adx : 15.38
+di : 11.29
-di : 15.37
so we can decide that the market trand is : down
timeframe : 1 hour
time : 1400 gmt