Downward movement is continue. Short position is preferable below 98 and target price is 97.2 and 97. If it goes to above 98 then we expect further upward movement at 98.45 and 98.70.
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Downward movement is continue. Short position is preferable below 98 and target price is 97.2 and 97. If it goes to above 98 then we expect further upward movement at 98.45 and 98.70.
http://www5.0zz0.com/2012/06/01/00/313713497.gif
the pair now in the lowest price reach it before
I expect thet the pair will go up if it could not break this price
this is strong support area
so buy strongly
EUR JPY boht he acha or best pair ha or muja lagta ha es week ya pair up ho ga or bhot sara up ho ga es laya mari all members ko request ha ka trading main es pair ko sotch samaja kar kahalao
My weekly analysis:
The pair next week will start with little correction to 99.xx level then it will go towards its main target to make anew historical low this year at 88.75
The target for this week will be to 94.xx levels as shown in the attached charts
Attachment 1245
Attachment 1246
Long position is preferable at 97.73 with price targets on 98.90 and 99.40. If it goes to below 97.65 then we expect downward movement wit targets 97.30 and 97.00.
Long position is preferable at 9917 with price targets of 100.30 and 100.85. It this pair goes to below 99.10 then we expect downward movement with 98.7 and 98.2 as price targets.
yar main na abi tak es pair ko used nahi ka ha esi waja sa to main trading kar rha hooon or muja trading main kafi profit be eanred howa ha muja ya pari kaob acha laga ;Quote:
Originally Posted by Anytime
http://img824.imageshack.us/img824/8066/eurjpyll.png
I think that this pair will move up on the long term on a bullish channel , we must here trade as a long time traders and take a look on the included Daily chart , we will notice easily that the pair has been bounced up after hitting the resistance level @ 95.66 (0.0%) and it will repeat what it ever always does when it break its bearish channel , it will move up on a bullish channel correcting its position , so i expect a huge rise and i suggest to buy with targets @ 104.05 (38.2%) then @ 106.67 (50.0%) , Good Luck
My weekly Analysis :
i think the pair have finished its correction wave that reaches 100.xx levels so the next week according to me it will be down direction that will be confirmed if the first daily candle in the next week closes under 99.27 level
Attachment 1306
for the chart that have channel towards down the price fails to go out of it so it will continue trending down in the channel and if the price succeed to close outside it i think the direction will be changed to up for some days
Attachment 1307
The RSI is mixed bullish. Long position is preferable at 99.45 with target prices 100.95 and 101.5. If it goes to below 99.45 then we can expect downward movements with 99.1 and 98.5 as price targets.