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EURJPY recorded a rise to as high as 142.50 so far today and reach the targets mentioned projection of 142.45 to 142.91. Intraday bias remains mildly on the upside and further rally could be seen to 100% projection at 143.61'' '. In fact, below 140.99 minor support will indicate short term topping and bring pull back to 141,47-140.77 support zone first.
Cci (14): 106.48
Bulls (13): 0.37
I see the in pair up trend
So I will buy from: 142.53
And my target today is:143.11
And target2 today is: 143.65
Good luck
analysis of several indicators that I use on eur/jpy currency with M30 and H1 timeframes are in the form of pivots indicator R3=142.92, R2=142.59, R1=142.38, Pivots=142.05, S1=141.84, S2=141.51, S3=141.3 indicates the following as well as I use other indicators such as zona trade that displays the zona signal BULLISH on market position 142.39 so that the most appropriate step is to conduct an open position BUY with a stop loss of 142.09 and take profit at 142.69
Trading analysis for 13th Dec, 2013. EURJPY in DAILY chart shows bullish trend. At present the price is above the 1st resistance. Long on reversal and put a target of take profit of 2nd resistance i.e., 142.915. If 2nd resistance breaks then next strong resistance is 144.306.
Pivot: 141.841
Resistance levels
R1 142.537
R2 142.915
R3 143.611
R4 144.306
Support levels
S1 141.463
S2 140.767
S3 140.389
S4 140.010
Attachment 9831
today 13th December
S3=141.82
S2=142.23
S1=142.47
P=142.64
R1=142.88
R2=143.05
R3=143.46
merey khiyal se EUR/JPY high pe jayega sab ka apna idea hota ha lekin main isko long positon pe hi rakhung meri knowledge yehi kehti ha.
http://charts.mql5.com/3/321/eurjpyr...rectdealer.png
Date: 13-12-2013
Time frame: 1h
High and low prices
High today is: 142.81
Low today is: 142.12
Total pips today: 69
So sell from: 142.61
Our target 1 is: 142.13
Our target 2 is: 141.56
analysis for today 13 / 12 / 2013
EUR/JPY (Daily Trade)
Resistance 3 143.67
Resistance 2 143.37
Resistance 1 143.17
Pivot Point 142.17
Support 1 142.01
Support 2 141.81
Support 3 141.51
BUY 143.17 STOP LOSS 142.01 TAKE PROFIT 143.37 OR 143.67
today i like to buy this pair @ 1.4225
my stop loss of the day @ 1.4195
half take profit for today @ 1.4256
and further half take profit @ 1.4286
the pair price already touched daily resistance 1 level 142.60
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 141.70
so sell now from 142.25
the pivot point will be my target
stop loss will be above the resistance 1 level 142.60