Really I wanna thank you because you talk about
this important thing like that .. :)
hope success to all and all of us gain profits :)
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Really I wanna thank you because you talk about
this important thing like that .. :)
hope success to all and all of us gain profits :)
I think that this is the end of the upside mouvement becuse of the resistance level at 149.13 on the monthly chart.
http://i.imgur.com/72n8Xgo.png
On our EURJPY pair today we can see that the price is taking a upward direction and that’s due to the blue dots below the candles if the price kept its position higher than the strong support 144.1267 which happens to be a weekly pivot level then I can assume that price would be taking a north direction till it reaches the weekly pivot resistance 148.4767 .
On the other hand if the price penetrated the support at the level 144.1267 and red dots appeared indicating bearish signals then I can assume that the price will be taking a south direction till it reaches the support of the level 142.2733 of the next Pivot level.
http://bigimage.cz/photos/20141130141737559372206.gif .
As you can see on the EURJPY chart the price is moving at a up channel to lead the price for upward direction through the upcoming hours.
Now the price hits the lower edge of donchain channel and I can say that a trades can be open by now targeting the north edge of the channel.
Stostatic by the way have a buy signal by having a bullish intersection near the 20 th level.
Finally a sell signal is shown on the awesome oscillator as you can see by having the bars below the 0 level and also the last bar is colored by red To make a clear decision from the previous givens the price have a better chance to head up till the high level of donchain channel but if you face the up edge of manually drawn channel then you have to close any buying trades and for more strength for your trades waiting for a buy signals from awesome oscillator and stostatic is preferred http://bigimage.cz/photos/20141201141744021362875.gif
pair- eur/jpy
analysis time frame- m15
http://i57.tinypic.com/312ipmr.jpg
the price is break the up trend channel pattern at the support side 147.75 level and hold at the support at 147.15. the rsi is moving up side but the price may rejecting down with moving average 50 resistance. hold the short entry with stop loss at 148.00
good luck.
As you can see on the EURJPY chart there are a bullish signal formed by the histogram indicator by getting a green line which appears above the level 0.
On the other hand the Market emotion indicators shows a kind of lower direction as you can see it is showing a red line for the last candle.
About the Guru indicator it is also showing a signal by seeing the line above the level 0 and the last bars is green then it is a good bullish signal.
Finally there are a sell cross formed by the two exponential moving averages 9 and 152 then you can consider a bearish trend on the coming candles.
As I think according to what you can see above selling is the side that I will choose in the current time and for a take profit the level of 147.05 is a good area as you can see it is the first support that the price can meet.
http://bigimage.cz/photos/20141201141744204943812.gif
EUR/JPY stays unaltered for the minute. The merging from 149.13 may amplify lower. Anyhow all things considered, downside ought to be contained by 142.08/144.21 support zone and bring rally resumption. Break of 149.13 will develop the bigger up pattern to next fibonacci level at 152.59.
analysis for today 12 / 2 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 147.80
Retracement (50%) 147.73
retracement (61,8%) 147.66
Extensions (61.8%) 148.36
Extensions (100.0%) 148.57
Extensions (138.2%) 148.78
Extensions (161.8%) 148.92
calculation based on a Fibonacci retracement then today I choose buy
On the EURJPY one hour chart you can see a green arrow which indicates a bullish trend for now which has a bottom supporting it at 147.45 also it can be used as a strong support as the price shouldn't go below it the trend still as a bullish trend.
And the dots of the parabolic sar indicator located below the candles and that sign for the price to go up In case of there are buying trades are taking place then i think that the 147.95 is a good place to close a part from your opening trades because the price has a good chance to go down after hitting it.
http://bigimage.cz/photos/20141202141751884122866.gif