Euro/jpy best trading pair hain aisa muje lagta hain isilye main hmesa is me hi trading karta hu kyunki is pair hain ak hin din main kafi fluctuations ho jati hain.
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Euro/jpy best trading pair hain aisa muje lagta hain isilye main hmesa is me hi trading karta hu kyunki is pair hain ak hin din main kafi fluctuations ho jati hain.
http://prntscr.com/41js6n
analysis for today 7 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 7 / 10 / 2014
OPEN 137.89
HIGH 138.02
LOW 137.65
CLOSED 137.88
The third resistance (R3) 138.02 - ( 137.85 - 137.65 = 0.20 x 2 = 0.40 )= 138.42
The second Resistance (R2) 137.85 + 138.02 - 137.65 = 138.22
First resistance (R1) 137.85 x 2 = 275.70 - 137.65 = 138.05
pivot points 138.02 + 137.65 + 137.88 = 413.55 / 3 = 137.85
Support for the first (S1) 137.85 x 2 = 275.70 - 138.02 = 137.68
Support second (S2) 137.85 - ( 138.02 - 137.65 = 0.37 ) = 137.48
Third Support (S3) 137.65 - ( 138.02 - 137.85 = 0.17 x 2 = 0.34 )= 137.31
http://prntscr.com/41mf3i
analysis for today 7 / 11 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 137.79
Retracement (50%) 137.84
retracement (61,8%) 137.88
Extensions (61.8%) 137.42
Extensions (100.0%) 137.28
Extensions (138.2%) 137.14
Extensions (161.8%) 137.05
calculation based on a Fibonacci retracement then today I choose sell
http://prntscr.com/42hljv
analysis for today 7 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 7 / 11 / 2014
OPEN 137.89
HIGH 138.02
LOW 137.65
CLOSED 137.85
The third resistance (R3) 138.02 - ( 137.84 - 137.65 = 0.19 x 2 = 0.38 )= 138.40
The second Resistance (R2) 137.84 + 138.02 - 137.65 = 138.21
First resistance (R1) 137.84 x 2 = 275.68 - 137.65 = 138.03
pivot points 138.02 + 137.65 + 137.85 = 413.52 / 3 = 137.84
Support for the first (S1) 137.84 x 2 = 275.68 - 138.02 = 137.66
Support second (S2) 137.84 - ( 138.02 - 137.65 = 0.37 ) = 137.47
Third Support (S3) 137.65 - ( 138.02 - 137.84 = 0.18 x 2 = 0.36 )= 137.29
http://prntscr.com/42ktim
analysis for today 7 / 14 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 137.88
Retracement (50%) 137.84
retracement (61,8%) 137.79
Extensions (61.8%) 138.25
Extensions (100.0%) 138.39
Extensions (138.2%) 138.53
Extensions (161.8%) 138.62
calculation based on a Fibonacci retracement then today I choose buy
Apparently, the price will come down and it can get to the level of 137.80 that's why I recommend to sell and stay away from Buying Now.
http://i.imgur.com/JKaL1ha.png
Euro/jpy is the most popular and widely traded by the peoples because it fluctuates sharply and can move daily good pips ups and downs and some times it move more then 100 pips a day and have great chance to earn good profit.
http://prntscr.com/42rvon
analysis for today 7 / 15 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 7 / 14 / 2014
OPEN 137.85
HIGH 138.42
LOW 137.80
CLOSED 138.25
The third resistance (R3) 138.42 - ( 138.16 - 137.80 = 0.36 x 2 = 0.71 )= 139.13
The second Resistance (R2) 138.16 + 138.42 - 137.80 = 138.78
First resistance (R1) 138.16 x 2 = 276.31 - 137.80 = 138.51
pivot points 138.42 + 137.80 + 138.25 = 414.47 / 3 = 138.16
Support for the first (S1) 138.16 x 2 = 276.31 - 138.42 = 137.89
Support second (S2) 138.16 - ( 138.42 - 137.80 = 0.62 ) = 137.54
Third Support (S3) 137.80 - ( 138.42 - 138.16 = 0.26 x 2 = 0.53 )= 137.27
http://prntscr.com/42wvf2
analysis for today 7 / 15 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 138.18
Retracement (50%) 138.11
retracement (61,8%) 138.04
Extensions (61.8%) 138.80
Extensions (100.0%) 139.04
Extensions (138.2%) 139.28
Extensions (161.8%) 139.42
calculation based on a Fibonacci retracement then today I choose buy
Trading Signal - 15/07/2014 - 10:00 GMT +3
Instrument: EURJPY
60min CHART
Upwards Strong
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the
lock in profits level (138.10). Provided the market conditions will remain the same the TP2 will be reached soon.
Support & Resistances
138.20 138.50
138.00 138.80
137.80 138.90
http://dl.dropbox.com/u/51561036/scr...716-014620.jpg