my free zone to trade you can buy or sell here and your limits are
top point 101.50
bottom point 101.10
buy from 101.50 your stop lose 101.10 your target 101.80
sell from 101.10 your stop lose 101.50 your target 100.80
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my free zone to trade you can buy or sell here and your limits are
top point 101.50
bottom point 101.10
buy from 101.50 your stop lose 101.10 your target 101.80
sell from 101.10 your stop lose 101.50 your target 100.80
Now, eurjpy moving around weekly pivot level (101.51) after down from highest price ago. price had broke hma 32 and 860 and both of hma shown red colour so it esimated price will down ,but hma 192 still in green colour that indicates trend for medium trend is up. Price possibility bounch up following medium term trend, it strenghthened again by signal stochastic tf d1 that move up and tf h1 has been in oversold area.
In H1 chart of the pair, the price is in uptrend because it is above the Ichimoku Kumo Cloud and EMA 200. But there is a Divergence on MACD indicator. So, I think the price will retrace to the Kumo Cloud and then it will increase strongly.
http://s17.postimage.org/c3ru72ufj/image.jpg
If you can learn the trading system well,every single pair will be your sharp weapon to win in the war.EURJPY is a good currency pair.You may deal with it.But,most popular currency pair in forex market is EURUSD.You may try it.
my free zone to trade you can buy or sell here and your limits are
top point 102.00
bottom point 101.50
buy from 102 your stop lose 101.50 your target 102.30
sell from 101.50 your stop lose 102.10 your target 101.20
my free zone to trade you can buy or sell here and your limits are
top point 101.95
bottom point 101.60
buy from 102 your stop lose 101.60 your target 102.30
sell from 101.60 your stop lose 101.95 your target 101.30
The pair approached the awaited consolidation areas of 102.00 and momentum indicators are offering positive signals that support the intraday upside move. In general, we hold onto our morning expectations as far as stability is seen below 102.00 areas.
http://i47.tinypic.com/2zjkrow.gif
Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 102.00 targeting 100.20 and stop loss with four-hour closing above 103.00 might be appropriate
After moving higher to 102.11 yesterday ,the movement of this pair down until it reverses back to the opening price level. Movement of price expected to strengthen further but will be captured by lines mbfx 101.49. Strengthening that weak has been confirmed by the movement of the stochastic signal in tf h4 that already in oversold area.
it have a gd prize in any county.bt it's not stand one line it's go up and down.
The pair was able to breach 100.50 areas and according activated the morning scenario which remains valid with stability below 100.50 and most importantly 102.00.
http://i45.tinypic.com/fekxt5.gif
Recommendation : Based on the charts and explanations above, our opinion is selling the pair with the breach of 100.50 targeting 99.20 and stop loss with four-hour closing above 101.50 might be appropriate
Spoiler: