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http://prntscr.com/3qfhpo
analysis for today 6 / 9 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 6 / 6 / 2014
OPEN 139.88
HIGH 139.94
LOW 139.36
CLOSED 139.78
The third resistance (R3) 139.94 - ( 139.69 - 139.36 = 0.33 x 2 = 0.67 )= 140.61
The second Resistance (R2) 139.69 + 139.94 - 139.36 = 140.27
First resistance (R1) 139.69 x 2 = 279.39 - 139.36 = 140.03
pivot points 139.94 + 139.36 + 139.78 = 419.08 / 3 = 139.69
Support for the first (S1) 139.69 x 2 = 279.39 - 139.94 = 139.45
Support second (S2) 139.69 - ( 139.94 - 139.36 = 0.58 ) = 139.11
Third Support (S3) 139.36 - ( 139.94 - 139.69 = 0.25 x 2 = 0.49 )= 138.87
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Trading Signal - 09/06/2014 - 10:00 GMT +3
Instrument: EURJPY
60min CHART
Upwards Strong
A Medium probability, entry signal to go LONG will be given with the upward break of 140.00 after the
market found support at 139.40. Only the downward break of 139.40 would cancel the bullish scenario and take us SHORT.
Support & Resistances
139.60 140.00
139.40 140.40
139.10 141.00
http://dl.dropbox.com/u/51561036/scr...609-224749.jpg
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pair- eur/jpy
chart analysis time frame- m30
http://i58.tinypic.com/j6iozl.jpg
the rsi indicator is moving up side from the oversold level 30 and the price is also acting at the support 139.30 level with having the up trend signal with parabolic sar. the price may again up side so long with take profit at 139.80 and stop loss at 139.15
good luck
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http://prntscr.com/3r5bhf
analysis for today 6 / 9 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 139.58
Retracement (50%) 139.65
retracement (61,8%) 139.72
Extensions (61.8%) 139.00
Extensions (100.0%) 138.78
Extensions (138.2%) 138.56
Extensions (161.8%) 138.42
calculation based on a Fibonacci retracement then today I choose sell
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http://prntscr.com/3rc9ji
analysis for today 6 / 10 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 6 / 9 / 2014
OPEN 139.82
HIGH 140.06
LOW 139.24
CLOSED 139.34
The third resistance (R3) 140.06 - ( 139.55 - 139.24 = 0.31 x 2 = 0.61 )= 140.67
The second Resistance (R2) 139.55 + 140.06 - 139.24 = 140.37
First resistance (R1) 139.55 x 2 = 279.09 - 139.24 = 139.85
pivot points 140.06 + 139.24 + 139.34 = 418.64 / 3 = 139.55
Support for the first (S1) 139.55 x 2 = 279.09 - 140.06 = 139.03
Support second (S2) 139.55 - ( 140.06 - 139.24 = 0.82 ) = 138.73
Third Support (S3) 139.24 - ( 140.06 - 139.55 = 0.51 x 2 = 1.03 )= 138.21
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http://s28.postimg.org/4x1bihehp/bieela_2014_06_10.jpg
It is clear EURJPY will continue its bearish trend to a level that is not yet known, it is the impact of the growing decline in EURUSD, so it does not close the possibility EURJPY will continue to degenerate to the level of 137.00
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http://prntscr.com/3reg6e
analysis for today 6 / 10 / 2014
EUR/JPY
Resistance : R1 139.26 R2 139.51 R3 139.71 R4 140.01
Support : S1 138.64 S2 138.39 S3 138.19 S4 137.89
Open : 139.33
High : 139.39
Low : 138.51
Range : 88 Pips
Running Price : 138.52
Strategy : SELL at the level 138.52 stop loss at the level 139.26 target take profit at the level 138.19 or at the level 137.89
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pair- eur/jpy
chart analysis time frame- m30
http://i60.tinypic.com/jv0tww.jpg
the down movement of the price is not able to hold at the support 138.72 level and falling continue down. the rsi indicator is also showing oversold so a pull back up movement can expected as price correction. hold the short entry with stop loss at 138.85
good luck
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http://prntscr.com/3rhatc
analysis for today 6 / 10 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 139.55
Retracement (50%) 139.65
retracement (61,8%) 139.75
Extensions (61.8%) 138.73
Extensions (100.0%) 138.42
Extensions (138.2%) 138.11
Extensions (161.8%) 137.91
calculation based on a Fibonacci retracement then today I choose sell
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http://prntscr.com/3rnuap
analysis for today 6 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 6 / 10 / 2014
OPEN 139.33
HIGH 139.39
LOW 138.42
CLOSED 138.63
The third resistance (R3) 139.39 - ( 138.81 - 138.42 = 0.39 x 2 = 0.79 )= 140.18
The second Resistance (R2) 138.81 + 139.39 - 138.42 = 139.78
First resistance (R1) 138.81 x 2 = 277.63 - 138.42 = 139.21
pivot points 139.39 + 138.42 + 138.63 = 416.44 / 3 = 138.81
Support for the first (S1) 138.81 x 2 = 277.63 - 139.39 = 138.24
Support second (S2) 138.81 - ( 139.39 - 138.42 = 0.97 ) = 137.84
Third Support (S3) 138.42 - ( 139.39 - 138.81 = 0.58 x 2 = 1.15 )= 137.27