Eur/Jpy

Attachment 9670
TECHNICAL ANALYSIS
EURJPY

TIME FRAME H1
Exponential MA "18" : BULLISH
Exponential MA "28" : BULLISH
Exponential MA "50" : BULLISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : NEUTRAL

TREND: NEUTRAL

http://charts.mql5.com/3/258/eurjpyr...rectdealer.png
Date: 06-12-2013
Time frame: 1h
High and low prices
High today is: 139.59
Low today is: 139.93
Total pips today: 66
So buy from: 139.54
Our target 1 is: 139.74
Our target 2 is: 139.94

http://s30.postimg.org/ui9mftm69/screenshot_89.png

Our analysis has advised to hold on to short positions and adding further between 139.50/80. The entire structure reveals that until the price is below 140.00 level, there is a high probability that significant retracement occurs towards 136.00 and then 134.00 levels at least.

Standard pivots

R3 140.720
R2 140.137
R1 139.616
PIVOT 139.033
S1 138.512
S2 137.929
S3 137.408
http://www9.0zz0.com/2013/12/06/09/620279781.png

price now: 139.61
buy price @ 133.86
profit in pips :575
stop loss :135.62
Resistance 1: 139.60
Resistance 2: 139.73
support 1: 138.48
support 2: 138.35

I use technical analysis of currency pairs EURJPY in the market at 13:46 which is the current market position is at 139.38 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = BREAK HIGH, MACD = DOWN TREND, Parabolic SAR = DOWN TREND, Stochastic = BREAK LOW,
but it is by looking at the position on the market today gained 138.93 points pivots, yesterday high at 139.45 and yesterday low at 138.34 so support and resistance

R3 : 140.63
R2 : 140.04
R1 : 139.52
Pivots : 138.93
S1 : 138.41
S2 : 137.82
S3 : 137.3

of some of the analysis contained in the signal TREND DOWN at currency pairs EURJPY, so the best step to open position SELL by set take profit at 139.08 and stop loss at 139.68. good luck

I use scalping strategies on this currency pairs Eur/Jpy so I prefer the short time that is the timeframe M15 and M30,
that's position market on 139.24 then also there are some indicators that I use as the Bollinger Bands is BREAK LOW, ADX is DOWN TREND, Stochastic is BREAK HIGH.
Then consider the position if the market trend is moving toward more leads TREND DOWN,
then I strongly encourage you to order BUY at current market at 13:48 and use a stop loss and take profit of 50 pips
is the take profit at 139.54 and stop loss at 138.94

hi

i see the pair go up

so i will buy from 139.70
my stop loss 50 pips
my profit1: 140.25
my profit2: 140.85
good luck

Today 06/12/2013
Resistance and Support
R3: 140.77
R2: 140.31
R1: 139.90
Pivots: 139.64
S1: 139.22
S2: 138.88
S3: 138.40

fibo lines today 6-DEC 2013



fibo 100% = 140.086 & fibo 61% = 139.684

fibo 50% = 139.560 & fibo 38% = 139.436

fibo 23% = 139.282


target buy to 140.101

target sell to 137.980
http://www7.0zz0.com/2013/12/06/13/225990379.png