Honestly buffeting nowhere already tired of eur / jpy pair still does not want to put below the support level 96.40, MASD shows a buy signal, I think it would be the formation of the northern wave.
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Honestly buffeting nowhere already tired of eur / jpy pair still does not want to put below the support level 96.40, MASD shows a buy signal, I think it would be the formation of the northern wave.
EURJPY successfully fall below its daily pivot (96.47), it is likely the pair will go down towards the 96.13 level, with the possibility to continue to the 95.78 level. However if prices go back up above the pivot, this pair may be up to the 96.82 level.
Noticeable that the price is formed on the hourly chart converging triangle, and now there was a rebound from the bottom - the level of support 96.24, now first became inclined to the line and break it - the purpose of 97.27.
a pair came close to the level of support 96.20, which is unable to break through for the third consecutive day, and can hang in the mid-north direction from a given level, but the breakthrough opens the way to 95.00.
http://i46.tinypic.com/zwdgr8.gif
The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 95.25 and key resistance at 98.60. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.
Well pair EUR / JPY has reached a minimum for the last two months and now the prices to be at the minimum value over the past 10 years, so that the figure is very strong, I think should be followed for the behavior of prices on this level ...
Eur and jpy is the code name of the two major currency. Eur means the European currency and jpy means the japanese yen. here eur is the base currency and the jpy is the counter currency. the currency exchange rate may be 1:123
This pair is combination of EURO and Japani Yen right now this pair are placed in down trend for 15 days but i think it will go upward after 15 June and can hit to the 120.50 and it is my target.
Another pair of push down and now we see that the prices were very strong on the day of support, according to the hourly price chart bistros are not going to roll back .. so if the sample is down, it can lead to activation of losses, and we can see a good drop ..
EUR / JPY bearish candle closed this week I expect to see more bearish on the pair, at least to the extent of wedge Debugging of the descending channel
http://www14.0zz0.com/2012/07/21/15/637010754.png